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September 12, 2013 · Comments Off

Elliott Waves and Fibonacci Suggest a Coming Bearish Reversal on Pound (Forex: GBPUSD)

Pound (Forex: GBPUSD) is in bullish mode and reached our projected zone for this week; 1.5800-1.5900 which is actually a very important resistance zone in combination with the wave principle and Fibonacci levels

Pound (Forex GBPUSD): Patiently Waiting On Bearish Reversal – Elliott Wave Forecast

September 10, 2013 · Comments Off

Pound (Forex: GBPUSD) Daily Elliott Wave Analysis On GBPUSD we are tracking a corrective rally from March low, which is a complex pattern most likely a flat in wave

Risk WarningSite visitors hereby acknowledge that: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Elliott Waves and Fibonacci Suggest a Coming Bearish Reversal on Pound (Forex: GBPUSD)

Pound (Forex GBPUSD): Patiently Waiting On Bearish Reversal – Elliott Wave Forecast

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