GPBUSD Planning Chart (July 11-15)...

FX:GBPUSD   British Pound / U.S. Dollar
710 16 34
///Last week, I published 9 Pistachio charts .. all of them were within the limits of the plan///
These charts are not intended for trading. They are meant to align you with the market by giving you the direction of the market ( bullish / bearish / ranging) and the expected limits where price should move during the week.
Try to trade with the trend by waiting for price to go into the buy/sell zone before taking a position according to your trading style. Also, be realistic in your targets by using the target zone as a possible area where price could correct or even reverse.
Note: Some weeks you will notice that price will trade against my trend direction but will never break the market limits. That is just a sign that market is in a correction phase
** You can access all my Pistachio charts by clicking the 'PCP tag on my page
Comment: If price starts to move up.. well be smart and see what you will do

Comment: We have nice railroad tracks at support...
Still waiting to reach the sell zone
In the zone, .. waiting for a signal
Comment: Still bullish here.. we need bearish
what kind of signal?Thursdays big news interest rate
Ichimoku_Trader MarcielSouza
it could be the mover ..
we'll have to see
ozgurkocak Ichimoku_Trader
interest rate for bank of england will go down by 0.25% to 0.25% base rate, I am a mortgage broker and I have had a meeting with the head manager of the biggest bank in uk and he said that is what will happen. how would that affect the pound? would it make it stronger against dollar? I am new to trading so not sure how these things reflect on currencies. I think it would boost the confidence and increase the value. am I right?

I'm sorry, I don't do fundamentals
Ask an expert in that
+1 Reply
the KS has strongly turned up!, so...
+1 Reply
turned up .. yes
strongly .. no
Is the trade still valid .. yes but conservatively
Am I happy to see you so conscious about what KS is doing .. extatic
+2 Reply
narcalen Ichimoku_Trader
Still waiting too. Thank you and good luck!
+1 Reply
xadiq Ichimoku_Trader
We have finally entered the sell zone!
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