Long EURUSD & GBPUSD

15.45 BST

The market direction is still not fully clear but the probability favours USD retracing some of its strength. EU and GU have already generated long signals earlier today but I have waited until now to act on them.

EURUSD: long $40/pip at 1.2990, SL 1.2935

GBPUSD: long $40/pip at 1.5352, SL 1.5290.

Dollar weakness may also be seen via USDJPY but it is too risky to short that pair. A small comment by some official can trigger a sudden bullish move.

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