Posts Tagged by gbp/usd

Forex Updates: AUDUSD, GBPUSD, USDCAD

Here are forex updates on the AUDUSD, GBPUSD and USDCAD. These forex updates serve to supplement the analysis provided in the “complete forex analyses” usually published every couple weeks. AUDUSD Update: The most recent complete analysis is here: AUDUSD Analysis: Significant Trade Developments. The pair recently put in a higher swing low on April 24.…

Forex Update: AUDUSD, EURUSD, GBPUSD, USDCAD, USDCHF

Forex Update: AUDUSD, EURUSD, GBPUSD, USDCAD, USDCHF AUDUSD Update: The AUDUSD moved slightly lower than anticipated, but held well above the 1.02 stop area (at least so far). A rise back above 1.0360 signals a potential end to the decline and a move above 1.0465 means it is highly probable that higher rates will be seen before…

GBPUSD Analysis – Range Continues with Bullish Bias – April 5, 2012

If you have a questions about the analysis see the How to Use the Analysis post. If that does not answer your question, then please leave a question or comment below. GBPUSD Analysis – April 5, 2012 Cory Mitchell, CMT Recent Events: GBPUSD had what appears to be a false upside breakout of the range it had…

Forex Seasonal Patterns eBook – Free

I just compiled the forex seasonal patterns into one streamlined volume - Forex Seasonal Patterns eBook – which is now available for download below. I have also compiled some other articles into a short eBook called The Trading Parables eBook. Now, these aren’t exactly the parables your mother told you growing up. Based on war, strategy,…

GBPUSD Analysis – March 16, 2012

GBPUSD Analysis – March 16, 2012 Cory Mitchell, CMT Recent Events: After a false breakout to the downside early in the week, the pair is rallying on Friday and back in the middle of the range it has been in through February and March. GBPUSD Analysis – Long-term View Since 2009 the GBP/USD has been…

GBPUSD Analysis – March 11, 2012

GBPUSD Analysis – March 11, 2012 Cory Mitchell, CMT Recent Events: The GBPUSD continues to hold within the range it has been in since the start of February. The GBPUSD is in close proximity to the low of the range which could mean a breakout lower or an opportunity to go long near support. GBPUSD Analysis –…

GBP USD heading higher

It looks like the GBP USD could be heading higher. The pair found support above the ascending trendline of a massive triangle pattern. GBP USD Weekly Chart Source: Forex Yard Strength over the last couple days has pushed my proprietary indicator into the “moving higher” zone and the downward sloping trendline within the triangle was broken…

GBP/USD Day Trade Setup – July 16

The GBP/USD currency pair has formed a downward sloping flag formation.  This sets up a potential trade, and due to the action leading into the current formation, we have multiple profit targets. A break above the upper channel line (see chart) indicates a swing higher with a target of 1.6500.  A move aggressive target is…

GBP/USD Forex Day Trading Idea – June 1

The pair has consolidated but is still in an uptrend.  While a break higher is more likely, a break in either direction is tradeable. A break above 1.6240 would target 1.6300. A move below 1.6210 provides a profit target of 1.6180-1.6170. This trade idea is based on a 15 minute chart for the GBP/USD currency…

GBP/USD Forex Day/Swing Trade Idea – 1 Hour, May 24

May 24,  8:00 PM GMT The markets are currently closes at the time of the this writing.  A wedge has formed in the GBP/USD currency pair.  This provides for potential day trades or swing trade set ups. The wedge is providing resistance in the 1.6000 area and support can be found at 1.5900.  These these…

Next Page »