Our last post about the major currency trends was on May 24th and this time we are looking at the GBP/USD which is trending up now for 4 weeks in a row (green bars) and reamin 100% long for heding.
Only a close next week of below 1.5775 can change direction of the trend to a new down trend (red bars).
For other currencies see: http://www.2hedge.com/mmfxhedge.html
Trading Forex in Baskets to diversify trading risk for both, speculative trading or hedging Forex risk by 

