ForexPeoples Daily Technical Analysis for GBPUSD

" My view on GBPUSD - Price is already in a great support area across all higher time frame, but the downtrend is still intact. Price will break through 1.45540 and can go upto 1.42235 , and can have a retrace upto 1.50755. Let know your views."




Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Thursday, January 7, 2016

simply called sideways motion when GBPUSD is still weak there is between 1.4601 to 1.4681. then ignore. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Friday, January 8, 2016

there pinbar bullish on GBPUSD - very good to buy when the breakup occurred up 1.4640. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Monday, January 11, 2016

GBPUSD price likely continue to weaken. so obviously it will be good to look for a sell. Best is when the initial sell price can break down 1.4505. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Tuesday, January 12, 2016

GBPUSD only sideways if motion is still weak there is between 1.4494 to 1.4603. then ignore. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Wednesday, January 13, 2016

could be a good buy when the GBPUSD can penetrate up strong Fibo 1.4560. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Thursday, January 14, 2016

there are opportunities to continue to down in the GBPUSD when the price breaks below 1.4379 intraday low. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Friday, January 15, 2016

GBPUSD only sideways for if prices remain weak there is between 1.4359 to 1.4444. ignore. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Monday, January 18, 2016

we will be good pair GBPUSD sell at this moment can penetrate downward price fibo 1.4251. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Wednesday, January 20, 2016

good to sell at this GBPUSD pair. initial sell when the price is able to break down fibo 1.4124. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Thursday, January 21, 2016

GBPUSD pair only sideways for if the motion is weak pair between 1.4125 to 1.4218. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Friday, January 22, 2016

there pinbar bullish on GBPUSD - obviously this is ok buy when prices break above 1.4248. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Monday, January 25, 2016

will start when called ok buy the GBPUSD break up strong Fibo at 1.4362. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Tuesday, January 26, 2016

GBPUSD only sideways movement is still weak if there is between 1.4223 to 1.4309. ignore. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Wednesday, January 27, 2016

Bullish Engulfing Pattern exist also in GBPUSD - The sign of the price is likely to continue bullish. buy again if price break above 1.4366. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Thursday, January 28, 2016

for GBPUSD, there may be further downward correction. a Bearish Engulfing Pattern yesterday, ok successfully sell if the breakdown occurs downwards 1.4229. :slight_smile:

Regards.

Already in a small buy, take profit at 1.4480. Price actions seems to be bullish. If price comes to 1.4352 area again good to buy. lets see


Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Friday, January 29, 2016

a Piercing Line Pattern in GBPUSD - tcci 20 also supports a bullish. it will be a good buy if price break above fibo 1.4407. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Monday, February 1, 2016

until now, the trend in GBPUSD is still flat. we are not nice taking a new position when motion is still weak pair is between 1.4148 to 1.4412. then ignore. :slight_smile:

Regards.

Daily Technical Analysis for GBPUSD - by ForexPeoples.Com | Tuesday, February 2, 2016

GBPUSD for, chances are the price movement can be upward because yesterday there Piercing Line Pattern candle is formed. 1.4444 fibo note. breakup at 1.4444, it will be ok to buy. :slight_smile:

Regards.