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GBPUSD targeting 1.40

futures Posted 22 Jan. as Analysis on GBP/USD, Target: 1.3986, Date: 1st of March, 12:00 GMT  in #Technical analysis #GBP #USD #GBP/USD #Gbpusd
GBPUSD absorbed the profit taking earlier today at 1.3920 area and steady bids drove the price up to the daily highs at 1.3980, as the bullish trend is still intact and every pullback is a buying opportunity, bulls now targeting 1.40 as there are no any resistance , i expect the sellers to attempt to enter short positions at 1.4020.
Keep calm and trade responsibly......
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GBPUSD

futures Posted 17 Oct.  in #Trader's blog #GBP #USD #Gbpusd
GBPUSD is under selling pressure today, after the pair hit the daily high at 1.3286 sellers took control as the Brexit negotiations continue. GBP managed to find support at the 50 day MA and is recovering some pips. If that support holds i expect a move towards 1.3220 level
Keep calm and trade responsibly....
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GBPUSD

futures Posted 12 Oct.  in #Trader's blog #GBP #USD #Gbpusd
GBPUSD regains bullish momentum breaking above the 50hour moving average and also breaking above the 50 daily moving average after rumors that EU may offer UK a 2 year transition period, stay long as the pair is trading above 1.32
Keep calmm and trade responsibly.....
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Watching list for next week

futures Posted 8 Oct.  in #Trader's blog #GBP #EUR #USD
Here is my watching list for next week:
UK Trade Balance on Tuesday at 9:30 GMT
FOMC Meeting Minutes on Wednesday at 19:00 GMT
ECB President, Mario Draghi speech on Thursday at 15:15 GMT
US September CPI, Retail Sales on Monday at 13:30 GM
So be careful before and after the announcements.
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GBPUSD ready for the rebound

futures Posted 8 Oct. as Analysis on GBP/USD, Target: 1.3365, Date: 1st of December, 12:00 GMT  in #Technical analysis #GBP #USD #GBP/USD #Gbpusd #Rsi
GBPUSD is under heavy selling pressure the last six trading days and now have reached oversold level. I expect a rebound from current levels as the price approaches the 100 MA which can be a strong support and rebound level. USD is outperforming the last week the majors as traders betting for one more rate increase by December. The rebound can drive GBPUSD above 1.3350 at the point that the correction started.
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GBPUSD

futures Posted 6 Oct.  in #Trader's blog #GBP #USD #Gbpusd
GBPUSD after a week in the red have reached oversold levels, a rebound of 100 pips just for covering looks possible, even if the outlook is very bearish.
Keep calm and trade responsibly...
Enjoy your weekend!
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GBPUSD

futures Posted 12 Sep.  in #Trader's blog #GBP #USD #Gbpusd
GBPUSD made an impressive rally today with over 100 pips gain after better inflation numbers, the pair hit the daily high at 1.3287 making new highs back from September 2016, so the bulls are in full control and an attempt to reach 1.33 mark looks the most posible scenario. Stay long
Keep calm and trade responsible...
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GBPUSD

futures Posted 6 Aug.  in #Trader's blog #GBP #USD #Gbpusd
Last week GBPUSD continued to slide after the dovish statement from Bank of England meeting. While the pair had climbed to 1.3266 following the US employment numbers, it fell to as low as 1.3020; The market seems to think that the BoE is even less likely to raise rates in the future. I expect a small rebound but it will be a selling opportunity.
Keep cal;m and trade responsibly....
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GBPUSD

futures Posted 11 July  in #Trader's blog #GBP #USD #Gbpusd
GBPUSD is trading higher today and has already made two attempts to break above the 100h MA. 1.2920 level looks like a strong resistance and we expect the pair to pullback.
Keep calm and trade responsibly...
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GBPUSD

futures Posted 7 July  in #Trader's blog #GBP #USD #Gbpusd
GBPUSD breaks below the 1.29 level after worst than expected manufacturing and industrial production data. Investors dump GB amid expectations that the UK economy could be headed for a slowdown and short term trend broke below the 200h MA
Keep calm and trade responsibly...
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