GBPUSD Breaks Out At Last – 28th Aug 2015

GBPUSD Analysis for the week ending 28.08.15 If you trade GBPUSD quite often, then you know it has been bonkers for the past few months. But price pierced through the ‘Daily trendline support’ on the 26th as the pair have been heavily bearish throughout the week.¬†This could be a bearish corrective wave, nevertheless price seem … Read more

GBPUSD Chart Analysis – June 22nd to 26th 2015

    GBPUSD has been in a strong uptrend for the whole of June right from the start of the month. On hindsight the previous downtrend had retracements back and forth towards key fibonacci levels. Not that we could have traded them, because the fibonacci levels within a trend could be seen¬†only after the trend … Read more