FX:GBPUSD   British Pound / U.S. Dollar
100 2 7
i can see some bottoming patterns on GU short and long term
we haven't made a significant new low for a while now
consecutive wedges have been overcome and PA keeps coming back to test them
barring another "surprise i base my long entries on a short term and longer term inverted HnS

again ,.. i'm not prepared to lose my acc             balance over this idea but sure looks valid to me, target red channel top around 1.2240-50 looking for further PA there
Trade active: sl at Breakeven at 1.21605
Comment: closing half for 70 pips
Comment: if GU retests the red tl it just crossed i will try and add to longs,... still half running from 1.21605
I think with Carney staying, this could go further upward, yes?
i guess the "carney news" is the trigger of something that was coming anyway..... you can depreciate a currency to get exports up (cheaper),....; but after a while when inventories deplete,imports needed to replenish inventories come and bite you in the butt twice as hard,..... even so i think apple and some other tech already are raising prices in `£ on the iphone and other stuff
this fall of the pound could have left the door open maybe too wide for inflation not only to creep in but gush in at some point
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out