We saw the market break below triangle today, the broke below this triangle will continue to decline since Hamburger crisis. The target cant found yet, by the way the true break will bring to marke…
Posted in Technical Updates Tagged Forex Analysis, GBP/USD, Medium-Term Forecast, Short-Term Forecast
The GBP/USD failed really break, now throw back since NFP reports. Today S3 pivot by Fibonacci pivot provide 1.5928, if daily closed below this level we will saw the strong bearish.
Posted in Technical Updates Tagged Elliott Wave Analysis, Forex Analysis, GBP/USD, Medium-Term Forecast, Short-Term Forecast
The GBP/USD breaking above down channel today, upside moving very strong. Daily chart moving above 50SMA, Elliott wave structure is wave iv to wave v at target around 1.6460. Price&timing also show…
Posted in Technical Updates Tagged Forex Analysis, Forex Trading, GBP/USD, Short-Term Forecast
GBP/USD moving choppy today but major trend remain bullish scenario, let take a look at my 1h chart below. GBP Construction PMI coming, If break above channel we will saw the target at 1.599x level ..