Forex analysis for GBPMXN, the British Pound versus the Mexican peso. The Mexican peso is getting stronger versus the British pound after reaching a very strong monthly supply imbalance that will probably make the Peso much stronger than the Pound in the following weeks.
The imbalance has recently been reached and shared in Set and Forget’s online trading academy. The forecast for this Forex cross-pair is quite bearish right now. Using smaller timeframes and intraday forex strategies, you can use this longer-term supply and demand forex analysis to take short positions.
Look at the GBPMXN forecast recently shared in Set and Forget’s forex trading channels. Never buy in a downtrend against a monthly supply imbalance that just took control. It goes against logic, and you will avoid unnecessary losses in your Forex trading account.
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