@babatundeadewale on GBPUSD | PriceONN Community

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B
Quick tip for the newbies: always check the correlation between GBPUSD and EURUSD. They usually move in the same direction. If one is showing a strong move, the other might follow. Not always, but worth keeping an eye on. NFA though.
GBPUSD

Replies (1)

B
braveReef2 PRO newbie Mar 10
@babatundeadewale Exactly! Correlation is a good starting point. I also look at DXY for confirmation on GBPUSD moves.
EURUSD 1.16118 +0.13%
GBPUSD 1.34219 +0.06%
USDJPY 159.96250 -0.05%
XAUUSD 4,465.49 +0.70%
XAGUSD 73.55 +1.19%
BTCUSD 63,761 -1.92%
SP500 6,572.87 +0.74%
BRENT 97.80 -3.10%
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