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GBPUSD Technical Analysis on Daily Chart – 28th January 2015

GBPUSD Technical Analysis on Daily Chart – 28th January 2016 GBPUSD - On the daily and we can see that the pair is in a clear down trend and we are seeing the pair retrace to the 15 ema. which happens to coincide with the 23.6% Fibonacci level. We know that the trend hasn't changed but

By |2017-01-01T13:00:56+08:00January 28th, 2016|Categories: Daily Technical Strategy, GBP Crosses, GBPUSD Premium Reports|Tags: |0 Comments

GBPUSD Technical Analysis on Daily Chart – 7th January 2016

GBPUSD Technical Analysis on Daily Chart – 7th January 2016 GBPUSD - On the daily and we can see that the pair is in a clear down trend with very little retracements in fact. However, technically we can see that the pair has reached a demand zone around the 1.462 to 1.463 area. On the

By |2017-01-01T13:00:56+08:00January 7th, 2016|Categories: Daily Technical Strategy, GBP Crosses, GBPUSD Premium Reports|Tags: , |0 Comments

GBPUSD Technical Update 13th May 2015 (7:36 pm)

GBPUSD Technical Update 13th May 2015 (7:36 pm) Pair currently trading at 1.56453. We can see that the candle has turned red on this pair after the Bank of England released the quarterly inflation report (QIR) and it surprised the traders which led to a bearish follow through as traders sell the Pound. The BOE

By |2017-01-01T13:01:01+08:00May 13th, 2015|Categories: Daily Technical Strategy, GBP Crosses|Tags: , |0 Comments

ForexAchievers End of Week Forex Analysis – AUDUSD, EURUSD, GBPUSD, GBPJPY, USDJPY

  GBPUSD - On the weekly chart we see that the candle close last week is bullish and the pair closed above its 200 ema. Will the pair rebound from here? If it does, top side target based on the weekly time frame could be 1.64. On the downside, just below 1.60 is a demand

By |2017-01-01T13:01:10+08:00September 15th, 2014|Categories: Daily Technical Strategy|Tags: , , , , |0 Comments

Pound is up for more pounding this coming Week 24-28 Feb 2014 – GBPUSD, GBPAUD, GBPCAD, GBPCHF

Last week, we saw pound making a big push north wards before it met with some heavy selling that saw the currency make quite a number of pintail candlesticks on the daily time frame against the other currencies. To really understand what I am talking about here, lets look at the charts that I have

By |2016-05-12T00:56:48+08:00February 23rd, 2014|Categories: Daily Technical Strategy|Tags: , |2 Comments

GBPUSD – Update on Daily Time Frame 19th Feb 2014

Good day traders! Following up on yesterdays post on the GBPUSD where we saw a bearish pin bar on the daily time frame of the pound dollar, we are now looking at the chart again to see what had happened. The market did close with a red candle on New York close as a follow

By |2016-05-12T00:57:02+08:00February 19th, 2014|Categories: Daily Technical Strategy|Tags: , , |0 Comments

GBPUSD – Bearish Pin Bar on the Daily Time Frame 18th Feb 2014

Hi Traders! The above below shows the GBPUSD on the daily time frame. Price have risen to 1.68 before we see the bears coming in to bring the pair back lower to the 1.671 price level. We now see a bearish looking reversal candlestick pattern in what looks like a shooting star with a candle

By |2016-05-12T00:57:15+08:00February 18th, 2014|Categories: Daily Technical Strategy|Tags: , , |1 Comment