anilmangal
Long

GBPUSD daily update.

FX:GBPUSD   British Pound/U.S. Dollar
8241 18 209
I am expecting this up move to continue so if it breaks i'll be buying. One more 3 wave down is possible but very low probability, I will still be watching for conformation before the buy.

Thank you very much for your support. If you missed my webinar on Friday you can watch it on You tube

http://www.youtube.com/watch?v=hINNoIJ8RIs
Comment: 4 hrs view
snapshot
Comment: It did made the one more leg down , now let's see if it bounces or break. the AUDUSD is in a similar place either bounce or break.
snapshot
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
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Training : add to skype mangal457
Anil can you please add your wave count more often? It would help a lot to many viewers to learn. Thx for Friday webinar!!!
+9 Reply
OK thank you sir
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Thank you very much MR Anil for the update and olso the webirnar
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Your analysis are great, i currently follow you on GBPJPY and probably i will follow you in this analysis too.
In addition your webinar was interesting.

Thank you
+2 Reply
on this one too
+2 Reply
If this moves up then watch for gbpjpy shorts.
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I do agree that there is an upcoming upward move before a big fall. On the long term I believe cable reaches 1.45 too
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Mughal2657 Piet.Hein
if price reach over there at 1.45 then there is no question that GBP will get back to 1.60 as i think if price reach at 1.45 it will invalidate the impulse which you can see in aprail 2015 and bearish trend will continue.
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Piet.Hein Mughal2657
Nice point of view.
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Sounds Good. Thank you.
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If you say trade the breakout where exactly would you put the long order and where would the SL be?
+1 Reply
Anil , thanks for your teachings, as a student of yours, l entered at 1.4960 , am about to move SL from +1 to just under fib for buy, otherwise if coming lower will take profit, or will be ready to add on.
+1 Reply
The 4h looks like a H&S ? would you agree ?
many thanks for your work
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Just an idea for the trading view Demo Account
http://gsfn.us/t/4tbft
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1.4985 going to down?
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Anil now 1.4531? can you pleace new grafik..
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Longed tonight, watching closely for breakout
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