Cable (update)The British pound (B6U) is in a clear bull trend with consistent frequency of patterns. Price has retraced during the last three weeks and has NOW reached the hot spot. Lower // line and 20EMA are giving support. The final target is 1.7500 in Sept 2014, then Scottish referendum could reverse the trend or even push the pound higher! I see this trade related to the UK stock market (FTSE100) which is currently trying to brake major resistance.BLongby LEONES222
Super British Pound - frequencyI don't normally trade British Pound because I find it tricky most of the times but what I see here (B6U) is a clear bull trend with consistent frequency of patterns. The recent flag which have formed between the 20MA and the bull median line gives a good entry point and risk/reward ration. The final target will be in 1.7500 in Sept 2014. Then Scottish referendum could create some mess or even push the pound higher! I see this trade related to the UK stock market (FTSE100) which is currently trying to brake major resistance. BLongby LEONES111
Pound upthrust extremely bearishTuesday upthrust followed by weakening momentum is begging for a put here. I'm waiting for another bar but looks like dinner to me BShortby suenwen110
B61! BINGO!!!!!The british pound has retested a swing high that was on 5-6-14 along with giving a strong tk cross. However there is a strong SUPER Swing high (8/5/09). I suspect that the market will close above the current swing high ( where the green dashed line is on the chart). However, we are coming up to a key high right now, one that we have not reached in almost 5 years now. If the market can get a close above the 1.7058 area, the market may see a huge rally or trend especially on the weekly chart. The keys are turned for the buyers to take control.BLongby tradingformoney0
British pound heading northBig picture showing where the British pound is heading towards the US dollar. 1.73?BLongby LEONES10102
GBPUSD - D1 - Trend AnalysisI have published a GBPUSD trend analysis daily chart. This futures chart is supporting the analysis published in the other chart.Bby gringerman442
GBPJPY Medium termThe GBPJPY has a potential for a short swing around current levelsBShortby johan.gradin1
The Cable is strongThe Cable has finally moved out of a 3year long channel and recently crossed 1.6250 resistance. The trend is up and we should target 1.6600 first and 1.6900 by the end of the year. The current bull flag could extend for few days more and offers the opportunity to enter long with a high probability trade.BLongby LEONES221
British pound outlook - still bright?Weekly chart - this is where we are with the pound. Bull trap or bull run? BShortby LEONES17176
Pound retracementDecember12 British Pound: the price found resistance at 16300. Last Friday a 5 month high has been reached but didn't hold and pulled back intraday. There are no real fundamental reasons why the pound should trade higher a part from the recent dollar weakness. I would enter a short at 16200 with target objective on the sliding parallel and 20 EMA, around 16100. BShortby LEONES0