Progress in Brexit Negotiation Supports Poundsterling

British Pound Sterling is the best performing major currency last week.

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Elliott Wave View Favors More Downside in GBPUSD

GBPUSD short-term Elliott wave view suggests that the rally to 1.322 on Jan 26, 2019 ended wave ((X)). Decline from there is unfolding as a 5 waves impulse

World Indices: Why FTSE Elliott wave sequence favors to keep buying

The World Indices have seen the biggest decline since the lows at 2009. However, despite the size of the decline, it does not affect the overall trend. We

Elliott Wave Analysis: Further Downside Expected in GBPUSD

Short term Elliott Wave view in GBPUSD shows that rally to 1.2816 ended Intermediate wave (4). Internal of that rally unfolded as a triple three Elliott Wave structure.

Brexit Uncertainty to Continue Put Pressure on Poundsterling

The Brexit saga continues to unfold as Prime Minister Theresa May postponed Brexit deal vote in U.K Parliament last week. The cancellation happened after it becomes clear that

GBPUSD Elliott Wave View: Calling For More Downside

GBPUSD short-term Elliott wave view suggests that the rally to 1.3215 high ended Minor wave 2 bounce. Down from there, Minor wave 3 is taking place as impulse

GBPUSD Elliott Wave Analysis: Right Side Calling Lower

GBPUSD short-term Elliott Wave analysis suggests that the decline from 7/09/2018 peak (1.3361) is unfolding as Elliott wave zigzag when Minor wave A ended in 5 waves structure

GBPUSD Showing Incomplete Sequence

GBPUSD short-term Elliott Wave view suggests that the recovery to 1.3473 on 6/07/2018 peak ended primary wave ((B)) bounce as double three structure. Below from there, the pair

FTSE Elliott Wave View: Calling For Another Leg Lower

FTSE short-term Elliott Wave view suggests that the bounce to 7904.97 high on 5/22/2018 peak ended primary wave ((1)). Below from there, the index is doing a pullback

FTSE Elliott Wave View: Buying Opportunity Soon

FTSE short-term Elliott wave view suggests that the rally to 7903.50 high on 5/22/2018 peak ended primary wave ((1)). This rally to 7903.5 starts from 3/23/2018 low and