Analysis by http://growthaces.com GROWTHACES.COM Forex Trading Strategies: Trading Positions: EUR/USD trading strategy: long at 1.1220, target 1.1550, stop-loss 1.1090 GBP/USD trading strategy: long at 1.5080, target 1.5250, stop-loss 1.4990 USD/CHF trading strategy: long at 0.8980, target 0.9180, stop-loss 0.8930 EUR/GBP trading strategy: long at 0.7470, target 0.7650, stop-loss 0.7390 EUR/CHF trading strategy: long at 1.0160, target 1.0650, stop-loss 1.0075 AUD/NZD trading strategy: short at 1.0680, target 1.0350, stop-loss 1.0770 Pending Orders: USD/JPY trading strategy: sell at 119.20, if filled target 116.60, stop-loss 120.00 USD/CAD trading strategy: buy at 1.2350, if filled target 1.2720, stop-loss 1.2250 AUD/USD trading strategy: buy at 0.7880, if filled target 0.8250, stop-loss 0.7790 NZD/USD trading strategy: buy at 0.7375, if filled target 0.7750, stop-loss 0.7300 EUR/JPY trading strategy: buy at 132.50, if filled target 135.00, stop-loss 131.70 AUD/JPY trading strategy: buy at 93.10, if filled target 96.20, stop-loss 92.20 Forex Trading Strategies GBP/USD: Long For 1.5250 Despite Weaker GDP Data (we do not change our bullish forecasts) GDP growth in the third quarter fell to 0.5% from 0.7% in the third quarter, slower than the median forecast of 0.6%. Output increased by 0.8% qoq in services and 1.3% in agriculture. In contrast, output decreased by 1.8% in construction and 0.1% in production. For the year as a whole, the economy grew by 2.6%, up from 1.7% in 2013 and Britain’s economy is on track to have been the world's fastest-growing major advanced economy last year.
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