Hi dear traders, I don’t like that lately I have been posting only once a week. Fortunately, last week’s post was profitable. I’m happy about that. I liked that. Said that, let’s check the market: AUDUSD: BUY...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD. The pair has given us nice trading opportunity recently. We have been selling the rallies at...
Hi dear traders, Last week was a complete disaster, both positions opened were closed with losses. This is it sometimes. Added to that, I could not find any nice opportunity to compensate. Anyway, this is a new...
In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD. As our members know, the pair shows bearish sequences in the cycle from the June 1st 2021 peak. Incomplete structure...
US Dollar has been rallying in the past few months ahead of the expected tapering by the Fed and rising yields. However, it doesn’t change the long term bullish outlook in Pound Sterling. The pullback in GBPUSD...
In the last Bank of England’s meeting, the central gave a signal for a potential interest rate hike in 2022. This would put it ahead of a number of other G10 central banks, including RBA, U.S Fed,...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD, published in members area of the website. GBPUSD is another Forex pair that we have been...
$FXB British Pound ETF Elliott Wave & Longer Term Cycles Firstly the British Pound Sterling tracking ETF fund FXB inception date was 6/21/2006. The bearish cycle lower from the November 2007 highs in FXB is the focus of this...
GBPUSD remains in the downtrend from 1.3482, the bounce from 1.2674 is likely consolidation for the downtrend, and further decline to 1.2400 area is possible. Near term resistance is at 1.3100, only break above this level could...
On September 16 2020 I posted on social media Stocktwits/Twitter @AidanFX “GBPUSD Watch for selling opportunities as long price stays below 1.3060.” The chart below of the GBPUSD pair was also posted on social media StockTwits/Twitter @AidanFX September...