Strategy Video: GBPUSD Top Volatility Pick, EURCHF Top Potential

By DailyFx | August 15, 2014 AAA

DailyFX.com -

Talking Points:

• Scheduled event risk in the coming week and key fundamental suggests GBPUSD is a top volatility pick

• A plunge in rate expectations for the Pound will amplify interest in US and UK CPI Tuesday

• Yet, volatility aside, EURCHF may have the better trade backdrop behind it

Sign up for a free trial of DailyFX-Plus to have access to Trading Q&A's, educational webinars, updated speculative positioning measures, trading signals and much more!

Volatility contributes to trade potential. However, that isn't the only aspect we should be looking for when evaluating trades. Given the market's interest in rate forecasts and the sharp change in BoE expectations this past week, GBPUSD stands as one of the most potent oportunities for activity and trend development through the immediate future. UK and US inflation readings will alter what matters most to the Cable - their timetable for the inevitable policy shift. Yet, when we look for setups that do not need the immediate satisfaction of volatility, a very different pair rises to the top: EURCHF. We look at both GBPUSD and EURCHF for their market drivers - as well as EURUSD for a blend of both words - in this weekend Strategy Video.

Sign up for John’s email distribution list, here.

comments powered by Disqus
Related Forex Analysis
  1. Trading Video: Gauging the Dominant Dollar, Yen and S&P 500 Trends
    Forex News

    Trading Video: Gauging the Dominant Dollar, Yen and S&P 500 Trends

  2. Strategy Video: The Process of Trend Reversals
    Forex News

    Strategy Video: The Process of Trend Reversals

  3. Session Recap: JPY retreats as risk appetite improves
    Forex News

    Session Recap: JPY retreats as risk appetite improves

  4. Russia Announces FX Repo: USD/RUB Finds Support in Bullish Channel
    Forex News

    Russia Announces FX Repo: USD/RUB Finds Support in Bullish Channel

  5. NZDUSD Next Leg Lower Around the Corner?
    Forex News

    NZDUSD Next Leg Lower Around the Corner?

Trading Center