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13 pips range and shrinking. This is going nowhere
I agree, let's see.
Here we are now
More consolidation on the GBPUSD just below the 1.6900 level. We can see something like a bullish pennant, therefore there is a good probability of a breakout to the upside, but the pair is definetely over-bought and ready for a correction at any moment.
I must have missed the consolidation but as per yesterday's analysis, we just need a dip to the 6855 region to activate long trade limits. Riding high on 100 pips in 24 hours already. Seems like GU got it mojo back
Well today looks like is going to 1.70 handle, the Asian session was buy...buy...buy!!
Greetings
EUR/USD weekly review
Since last weekend nothing really changed for Eur/Usd, until breaking-through one of key-points - this currency pair will stay "Flat".
GBP/USD weekly review
Last week a New FZR up h4 happened (MF/Elders Baskerville Hound Trend up prolongation pattern).
As Long as MF Channel and MF pivot (protecting trend up) are not crossed -
GBP/USD trend up will proceed
.p.s.: if you have any questions - please feel free to ask)
Best regards,
NicoleFX
was expecting this breakout yesterday
Oh Well
Already was loosing patience to lame reaction on ECB not doing anything. Finally the market is showing Draghi that he can not lie forever
Next step : 1.4?
Man, that will be something
Next step : 1.4? Man, that will be something
If now ECB does not do anything except the usual "we shall do whatever it takes", then even 1.5 is reachable
If now ECB does not do anything except the usual "we shall do whatever it takes", then even 1.5 is reachable
You just might be right. Talking down does not work any more and only ECB does not understand it yet. Probably because they are used to get results by lying - and now they don't know why same lies do not work on the market as on some people