Lahore, Pakistan -- (ReleaseWire) -- 06/17/2014 -- Last week GBP/USD jumped more than 200 pips when the Bank of England Governor Mark Carney announced in a speech that he might increase the interest rates sooner than expected. Similarly NZD/USD also jumped around 200 pips when an interest rate increase announcement was made. Currencies tend to move big time on the news of interest rates. Those traders who traded this interest rate increase made 200+ pips in a matter of 2 days.
Forex Mentor PRO Program teaches new traders how to trade on H4 and D1 timeframes. Pierre Du Pless is one of the mentors at Forex Mentor PRO. He is giving his Earth and Sky Forex System 80 page PDF and training videos FREE to anyone who takes 7 day trial of Forex Mentor PRO Program for $1 only.
This is what the Forex Mentor PRO team says about the last week interest rate increase announcements: “Hi, in recent weeks and months we have been stressing the importance of fundamentals when planning trades, in fact yesterdays video from Fotis & Marc was a perfect example of how professional traders analyze the fundamentals before using technical analysis for the entries.
Even on a very basic level we all know that interest rate news is one of THE big news releases. This week a scheduled announcement for the NZD saw a huge jump and the Governor of the Bank of England made a speech last night hinting again at raising UK rates sooner rather than later and the Gbp shot up this morning. Had you done your homework you had the chance to make some big gains & avoid losses this week, all explained in Pierres post… have a great weekend, Marc will be back with you on Sunday with his detailed analysis for next week.”
About Pierre Du Pless
Pierre Du Pless lives in South Africa. He is a full time forex trader and a mentor at Forex Mentor PRO Program.
For more information about Forex Mentor PRO Program 7 day trial for $1 only, please visit the following website: