GBPUSD: CONSOLIDATION IN MEDIUM TERM? Long

British Pound/U.S. DollarFXCM

Description

⋅ Sep 23, 2016 10:23 AM

In accordance with our weekly analysis (shown below), we try to understand what could be the technical framework of monthly time frame. At the moment, the pair is working (W3+C), but in the medium term we do not exclude a potential consolidation of the pair.
SUPPORT: 1.2700
RESISTANCE: 1.3100

WEEKLY RESEARCH:
(Click & Play)

Thanks for your support and trade with care!

Comment

⋅ Apr 27, 2017 7:34 PM

4 in play...

Trade closed: target reached

⋅ Jun 2, 2018 6:59 AM

GBPUSD

Comments

Victor.Y.F

⋅ Apr 28, 2017 7:44 AM

Thank you Sir! Amazing ! It looks like now going to 1.7000 then a big crisis from all market collapse like 2007- 2008 inflation should drop to -2% then a next QE is await.

UnknownUnicorn372507

⋅ Sep 23, 2016 10:45 AM

Do you think it will go up fast or slowly?

TheAnonymousBanker

⋅ Sep 23, 2016 10:50 AM

Hi habibzafari! It will be very important to follow today's close (weekly close) to figure out the next swing on minor time frame.

ElhaniHany

⋅ Sep 24, 2016 5:14 AM

Hi Sir,
Do you see the developing bearish flag on Weekly?

why you do not take it as a probability?