ForexPeoples Daily Technical Analysis for GBPUSD

Monday, August 20, 2012

Price till now still consolidation near that strong demand area (1.5682). With this look - of course - the wait and see action should be nice idea. Truly the more probably price to pullback up = still show here and I see the Stoploss for Buy OP then will be great if we set bellow that 1.5674. :slight_smile:

Regards.

Tuesday, August 21, 2012

The GBPUSD on look to be more bearish I see as long as the price on today move can not break up to the quite strong supply area (1.5715). And, of course, with this condition, I see - the more nice Sell OP here will be more better and use the SL at above the price 1.5715, I see. :slight_smile:

Regards.

Wednesday, August 22, 2012

Yes, likely show on EU pair. I see the GU also on more probably to bearish correction first as long as the price can not break up again to that strong support line (near price 1.5789). And with this look, of course - search for nice Sell OP with using stoploss above that 1.5789 = better idea for now. For Additional info : We can see too that TCCI 96 now was give a bearish signal too. So, Yes, searching for nice Sell here now = good idea, I see. :slight_smile:

Regards.

Thursday, August 23, 2012

The GBPUSD also look on still sideways near that supply area (near price 1.5888). So, as long as that 1.5888 can not be break by price from bottom = of course, the more probably price pullback down first here. On other look, after truly price then can break that 1.5888 (break from bottom) = just be aware about more breakout bulls correction, here. I see. :slight_smile:

Regards.

Friday, August 24, 2012

After, I see to the chart candle formation now, yes - The GBPUSD pair also on still look to become more bearish as long as the price can not pullback up more to that strong resistance line (near price 1.5892). So, for probably nice today trade = searching for Sell again = better idea with using stoploss above that 1.5892. On my simple look = the max. bearish can be touch to that strong demand (near 1.5795). :slight_smile:

Regards.

Sunday, August 26, 2012 (Analysis price for opening price - tomorrow)

The GBPUSD pair also look probably pullback up from that strong demand (near price 1.5795). On my simple analysis - this could probably more bulls (although just a bulls correction). Then, with this look - of course also searching for nice buy OP here = better idea then. But always to make a SL - I see - the wise SL can be set max. bellow price 1.5788 (bellow that strong demand, of course). :slight_smile:

Regards.

Monday, August 27, 2012

After, I see - on the big trend (daily TF) = the more probably bearish can be play here. But, on more smaller TF = price try to still consolidation first as long as that strong demand area (1.5795) still can not break by price from top. So, of course, wait and see can more nice idea. Then, The Sell OP look nice to play if truly that 1.5780 (strong demand area) can be break by price from top. :slight_smile:

Regards.

Tuesday, August 28, 2012

GBPUSD pair till now also look on still bearish trend movement. can be see with TCCI 96 that still show us bearish. And to make more this bearish - of course - price candle from top must break down that strong demand (near 1.5786). So, on my simple look = if that 1.5786 was break by strong bearish candle from top = search for next nice sell here = better. Just it. :slight_smile:

Regards.

Wednesday, August 29, 2012

This GBPUSD was likely same with EURUSD pair condition. We see the price for probably today move = here - look to become more bearish as long as the price can not break up again more to that strong supply area (1.5835). So, with this look - of course = searching for next nice Sell OP here = better idea. But, remember to always set3our SL. I see - the nice and wise Stoploss can be place above the price 1.5835 (above that strong supply area), of course. :slight_smile:

Regards.

Thursday, August 30, 2012

The bearish still look here (but with more consolidation first, I see). But, of course - if see to the TCCI 96 - the price till now still on nice bearish as long as the price can not break up again more to that strong 61.8 fibo line at 1.5832. And yes, searching for next nice Sell opportunity here = better idea, I see. :slight_smile:

Regards.

Friday, August 31, 2012

As likely on EU condition, till now, I see this GBPUSD on likely to bulls correction (first). But, please note, it’s look just a bulls correction. At the big trend, I still see the nice bearish here. And probably price to more bearish (after that bulls correction end) can be play here = with nearest bearish target to touch that quite strong demand area (near price 1.5753). Search for Sell for today trade = nice idea = with using max. SL above that Pivot (above price 1.5822), I see. :slight_smile:

Regards.

Saturday, September 01, 2012 (analysis price for next opening price - next week)

The price on GU till now, Yes - likely same with EU - I see, this pair also on more probably to pullback down then, after we see the price pullback down from that supply area (1.5895). So, the SL for Sell Op then, will be nice placed above that strong supply - above price 1.5895. I see. :slight_smile:

Regards.

Monday, September 03, 2012

The GBPUSD also likely to be more bearish for today movement as long as the price from bottom = can not break up more to that strong supply (near price 1.5915). So, I see - search for Sell = better with max. SL can be set above the price 1.5915, of course. :slight_smile:

Regards.

Tuesday, September 04, 2012

The GBPUSD also on still nice bulls. TCCI 96 on 15M TF still show this nice bulls. But please note : This bulls can be more weak if then price more closer to that strong supply area (1.5905). So, on my see if we play for Buy OP = the recommendation TP is before price touch to that 1.5905. :slight_smile:

Regards.

Wednesday, September 05, 2012

GBPUSD trend still bearish (TCCI 96 on 15M TF still support for this bearish till now, I see). And for probably price movement (today) - this will be more bearish if truly price from top can break more down to that strong Low Fib (1.5855). On simple say : Nice Sell can be start apply here after truly that 1.5855 was break by strong bearish candle here. Then. :slight_smile:

Regards.

Thursday, September 06, 2012

The GBPUSD also likely same with the EU condition that till now still look to probably more bearish as long as the price (from bottom) can not break up more to that strong supply area (near price 1.5933). So, with this look = of course, search for next nice Sell OP here = better action now - but always with using SL above that strong supply area (SL for Sell above the price 1.5933), I see. :slight_smile:

Regards.

Friday, September 07, 2012

GBPUSD look pullback down (from that strong supply 1.5941). Of course, this can probably to bearish (even just a bearish correction) and search for Sell with using Small TF = better. Please note : The big trend on this pair (on Daily TF = still bulls). :slight_smile:

Regards.

Saturday, September 08, 2012 (analysis price for next opening price - next week)

On the Big trend = I see = The GBPUSD on nice bulls but weak. The price now move near that 150% fibo line (near 1.6026). So, with this look of course the probably price to go bearish correction (first) = yes here. But, please attention : that big trend on still nice to become more up, I see. :slight_smile:

Regards.

Monday, September 10, 2012

The GBPUSD pair trend also on still bulls trend, I see. Look, this likely same with EU condition that MA Monthly and MA Weekly on still nice bulls And I see this bulls can be nice play again if truly = the Buyer can break that strong nearest resistance at price 1.6033 then (although the bearish correction first = of course still probably here). :slight_smile:

Regards.

Tuesday, September 11, 2012

I see = till now, this GBPUSD pair condition likely same with EU condition. We can see that Big trend here = also on bulls (MA Monthly and Weekly still support this bulls). But, to become called this pair on start again bulls = truly price must break up (first) to that strong supply (1.6033). So, on my simple look = the wise Buy OP can be play if only that 1.6033 was break by strong bulls candle price action here (break from bottom, of course). :slight_smile:

Regards.