September 26, 2018 08:28：Pound-dollar trading strategy [From Mr. Satoshi Emeri's newsletter]
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From Teru Shigeru Emori’s investment newsletter "Teru Emori's Real Trading Strategy" provided by GogoJungle, here is a small excerpt from this morning's distribution. This time, please look at the trade strategy for the pound-dollar that has risen on a rebound.
The pound-dollar is to be longed anew. Exit if it falls below 1.3160. The long-term trend is 1.3400, and breaking above this level will push the price up significantly. The probability of this increasing is rising. The fair value is around 1.5210, and the current level is quite undervalued.
From “Teru Emori's Real Trading Strategy” (Teru Emori) quoted.
As Prime Minister May indicated that holding another general election would not be in Britain's national interest, the pound-dollar rose briefly to around 1.3193. Going forward, let's continue to monitor the progress of Britain’s negotiations for leaving the European Union (EU). (Editorial staff)
Pound-dollar, 1-hour chart.
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