GBP/USD Cable Analysis (Wk 31/2018)

FX:GBPUSD   British Pound / U.S. Dollar
This will be my views of GBP/USD for Wk 31/2018
Please make sure to read the "update" comment as there will be changes along the way.



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Jul 29
Comment: View On XAU/USD Gold (30 July 2018)

I am Slight Bearish.
It is using 1.324 as a very strong resistant.
Please be careful if you want to long. The good support region will be 1.3 level. Once it is broken, we can have a bear momentum to come in.

This week will be big for GU as we have FOMC, GBP rate.

Aug 02
Comment: View On GBP/USD (2 Aug 2018)

Nice touch at the expected level and get bounced from it.
Do not long aggresive as the daily candle is still pretty much RED.

Now, let's see 1.302 level can hold?

BOE raised rate also can't rescue GBP to continue it's weakness, stay away from GBP pair better
sir can i still hold gbpcad?
SonicDeejay Hassanfx_Expert
@Hassanfx_Expert, I have updated in gcad post. thx
Hassanfx_Expert SonicDeejay
@SonicDeejay, where sir?>
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