GBPUSD Elliott Wave View: More Upside

GBPUSD is rallying as impulse from 8/24 low and while staying above 8/24 low (1.277), it should extend higher. Don’t like selling the pair

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GBP USD Elliott Wave View: Bounce Started

Last week , GBP USD ended the cycle from 02/02/2017 peak which unfolded as a double three Elliott wave structure with a FLAT in the Y leg. Pair

GBP/USD Outlook – Week 10/03/14

The British Pound has come under pressure this week and we expect a break lower from current levels. Having made a key technical reversal in mid February

GBP?USD Analysis : Range Breakout This Week

The GBP/USD has displayed a bullish tone since the start of the year to build upon the strong momentum that was seen during 2013. While initially many

Technical forecast for GBP/USD

GBPUSD broke 1.6077 but bounced from 1.6055. There is no direction this week so we watch for support at 1.6095/90 then 1.6055/45. Below 1.6030 keeps the market under

Technical forecast for GBP/USD

GBPUSD could not sustain a break above 1.6140 & saw a drift lower towards 1.6070 which was expected to hold & we bottomed almost exactly here at 1.6077.

Technical forecast for GBP/USD

GBPUSD held trend line support at 1.5895/85 & shot higher on the FOMC to reach 1.6163. A break above 1.6178 today signals further gains towards a target of

Technical forecast for GBP/USD

GBPUSD topped at 1.5963 & fell back to support at 1.5895/85 which has held the downside as expected so far at least. However the outlook is quite negative

Technical forecast for GBP/USD

GBPUSD beat 1.5850 to hit all our targets & over night has continued higher to 1.5958. The next big resistance is now at 1.5990/6010. If this target is

Dollar Trading Lower against Most Majors

The U.S. Dollar is trading lower against most major currencies after better-than-expected jobs data drove investors into higher yielding assets. The initial move in the Dollar was up