[B]Friday, August 23, 2013
Everest Markets Daily Strategies Reviews[/B]
GBP/USD intraday: the downside prevails.
Pivot: 1.5635.
Our preference: SHORT positions below 1.5635 with targets @ 1.5545 & 1.5515.
Alternative scenario: The upside breakout of 1.5635 will open the way to 1.5665 & 1.572.
Comment: the pair stands below its resistance and remains under pressure.
23 aug 1.bmp (795 KB)
[B]Thursday, August 29, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
GBP/USD intraday: rebound.
Pivot: 1.5470.
Our preference: LONG positions above 1.547 with 1.5555 & 1.5605 as next targets.
Alternative scenario: The downside penetration of 1.547 will call for 1.5425 & 1.5375.
Comment: the pair is rebounding and is challenging its resistance.
29 aug 1.bmp (770 KB)
[B]Friday, August 30, 2013
Everest Markets Daily GBP/USD Review[/B]
Pivot: 1.5470.
Our preference: LONG positions @ 1.549 with targets @ 1.5555 & 1.5605.
Alternative scenario: The downside penetration of 1.547 will call for 1.5425 & 1.5375.
Comment: the pair stands above its support and remains on the upside.
30 aug 1.bmp (791 KB)
[B]Monday, September 2, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
Pivot: 1.5500.
Our preference: LONG positions above 1.55 with targets @ 1.558 & 1.5605.
Alternative scenario: The downside breakout of 1.55 will open the way to 1.546 & 1.5425.
Comment: the pair stands above its support and remains on the upside.
2 sep 1.bmp (793 KB)
[B]Tuesday, September 3, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
GBP/USD intraday: bullish bias above 1.5525
Pivot: 1.5525.
Our preference: LONG positions above 1.5525 with targets @ 1.5605 & 1.5635.
Alternative scenario: The downside penetration of 1.5525 will call for a slide towards 1.55 & 1.546.
Comment: the pair stands above its support and remains on the upside as the RSI is supported by a rising trend line.
3 sep 1.bmp (805 KB)
[B]Wednesday, September 4, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
GBP/USD intraday: bullish bias above 1.5525 Back
Pivot: 1.5525.
Our preference: LONG positions above 1.5525 with 1.558 & 1.5605 in sight.
Alternative scenario: The downside breakout of 1.5525 will open the way to 1.55 & 1.546.
Comment: the pair stands above its support and remains on the upside as the RSI is well directed
4 sep gbp.bmp (782 KB)
[B]Thursday, September 5, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
GBP/USD intraday: the upside prevails.
Pivot: 1.5590.
Our preference: LONG positions above 1.559 with 1.565 & 1.5675 in sight.
Alternative scenario: The downside penetration of 1.559 will call for 1.555 & 1.5525.
Comment: the pair is facing a pull back on its support, the RSI is approaching its oversold area.
5 sep gbp.bmp (788 KB)
[B]Monday, September 9, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
GBP/USD intraday: the upside prevails.
Pivot: 1.5580.
Our preference: LONG positions above 1.558 with 1.568 & 1.5715 as next targets.
Alternative scenario: The downside penetration of 1.558 will call for a slide towards 1.555 & 1.5525.
Comment: the pair remains on the upside and is approaching its previous high.
9 sep 3.bmp (807 KB)
[B]Tuesday, September 10, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
GBP/USD intraday: the upside prevails.
Pivot: 1.5670.
Our preference: LONG positions above 1.567 with 1.5735 & 1.577 in sight.
Alternative scenario: The downside penetration of 1.567 will call for a slide towards 1.564 & 1.56.
Comment: the pair stands above its new support and is approaching its previous high.
10 sep 2.bmp (784 KB)
[B]Wednesday, September 11, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
GBP/USD intraday: the upside prevails.
Pivot: 1.5680.
Our preference: LONG positions above 1.568 with 1.5745 & 1.577 in sight.
Alternative scenario: The downside penetration of 1.568 will call for 1.564 & 1.56.
Comment: the pair remains on the upside and is challenging its resistance.
11 sep gbpusd.bmp (798 KB)
[B]Thursday, September 19, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
GBP/USD intraday: the upside prevails.
Pivot: 1.5970.
Our preference: LONG positions above 1.597 with targets @ 1.616 & 1.62.
Alternative scenario: The downside penetration of 1.597 will call for a slide towards 1.588 & 1.583.
Comment: the pair remains on the upside as the RSI is well directed.
19 sep gbp.bmp (796 KB)
[B]Friday, September 20, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
GBP/USD intraday: consolidation.
Pivot: 1.6110.
Our preference: SHORT positions below 1.611 with 1.597 & 1.593 as next targets.
Alternative scenario: The upside penetration of 1.611 will call for 1.616 & 1.62.
Comment: the pair stands below its resistance and remains under pressure.
20 sep eurusd.bmp (798 KB)
[B]Thursday, September 26, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
GBP/USD intraday: bullish bias above 1.6015
Pivot: 1.6015.
Our preference: LONG positions above 1.6015 with 1.611 & 1.6165 as next targets.
Alternative scenario: The downside penetration of 1.6015 will call for a slide towards 1.598 & 1.5955.
Comment: the pair remains on the upside and is approaching its resistance.
26 sep eurusd.bmp (810 KB)
[B]Friday, September 27, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
GBP/USD intraday: rebound.
Pivot: 1.6050.
Our preference: LONG positions above 1.605 with targets @ 1.614 & 1.619.
Alternative scenario: The downside penetration of 1.605 will call for 1.602 & 1.598.
Comment: the pair has rebounded and is breaking above its resistance.
27 sep gbp.bmp (811 KB)
[B]Wednesday, October 2, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
[B]GBP/USD intraday[/B]: under pressure.
[B]Pivot: [/B]1.6220.
[B]Our preference: [/B]SHORT positions below 1.622 with targets @ 1.612 & 1.607.
[B]Alternative scenario: [/B]The upside penetration of 1.622 will call for a rebound towards 1.626 & 1.63.
[B]Comment:[/B] the pair has broken below a bullish channel lower boundary and remains under pressure.
2 oct gbp.bmp (812 KB)
[B]Friday, October 4, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
GBP/USD intraday: under pressure.
Pivot: 1.6200.
Our preference: SHORT positions below 1.62 with targets @ 1.615 & 1.612.
Alternative scenario: The upside breakout of 1.62 will open the way to 1.6235 & 1.626.
Comment: the pair is posting a rebound but stands below its resistance.
4 Oct gbp.bmp (788 KB)
[B]Wednesday, October 9, 2013
Everest Markets Daily GBP/USD Pair Review
[/B]
GBP/USD intraday: intraday support around 1.605
Pivot: 1.6050.
Our preference: LONG positions above 1.605 with 1.6125 & 1.6165 in sight.
Alternative scenario: The downside breakout of 1.605 will open the way to 1.6 & 1.5975.
Comment: the pair is facing a pull back on its support ahead of a rebound.
9 oct gbp.bmp (837 KB)
[B]Thursday, October 10, 2013
Everest Markets Comment on Pound[/B]
[B]The British Pound[/B] dropped against its major counterparts. UK industrial production fell by 1.1% in August, the most since September 2012, after a 0.1% increase the month before. Consensus was +0.4%.
[B]GBP/USD Pair Review[/B]
GBP/USD intraday: the downside prevails.
Pivot: 1.6000.
Our preference: SHORT positions below 1.6 with targets @ 1.588 & 1.583.
Alternative scenario: The upside penetration of 1.6 will call for a rebound towards 1.6045 & 1.609.
Comment: the pair stands below its resistance and remains on the downside.
10 oct gbp.bmp (803 KB)
[B]Friday, October 11, 2013
Everest Markets Daily GBP/USD Pair Review[/B]
GBP/USD intraday: caution.
Pivot: 1.6000.
Our preference: SHORT positions below 1.6 with 1.591 & 1.588 as next targets.
Alternative scenario: The upside penetration of 1.6 will call for 1.6045 & 1.609.
Comment: the 1.6 former support area is now acting as a strong resistance but intraday tehcnical indicators are gaining upside momentum, this calls for caution.
