Tag: pound

According to the Elliott Wave Principle, every five-wave impulse is followed by a three-wave retracement in the opposite direction. Once the retracement is over,...

Both the euro and the sterling suffered from the strength of the dollar, but compared to one another, the European currency was the bigger...

GBPJPY began its impressive rally from around 117.00 in 2011-2012. The pair is now trading close to 192.00. Few were expecting such a performance...

The pound proved to be one of yen’s strongest rivals in the last month and a half. The pair rose from below 175.00 to above...

It has been almost a year since we published “GBPUSD, Not As Optimistic As It Seems”. 360 days ago, GBPUSD was trading close to...

The Great Britain pound proved to be stronger than the Japanese yen after the FED’s minutes last week, when GBPJPY jumped sharply from 177.10...

We have been waiting for a bottom in EURGBP for quite a while now. In our previous analysis of this pair – “EURGBP Could...

GBPUSD formed a bottom at 1.4950 on January 23rd. Some 20 days later, the pair climbed above 1.54. Should we expect the recovery to...

As a rule, you should never give up on a trade, if it still has the potential to develop in your favor. But how...

The EUR GBP exchange rate went below 0.77 today, which is its lowest level since March 2008. To many this may be a reason to get...

In one word: weakness. In the middle of the year GBPUSD reached above 1.70. Many economists were worried that the Pound’s strength may even...

The bulls took control of GBP JPY in the middle of October. The recent rally began from 168 and now, less than a month...

Today, on October 31, 2014, the Central Bank of Japan announced that it will expand its stimulus program in order to prevent deflation. After the...

A week ago, on October 22nd, we published an analysis, called “GBP JPY to regain positive bias”, saying that we expect the uptrend to...

Four days ago, on 19th October, we showed you a 4-hour chart of GBPUSD in an article called “Decreasing Selling Pressure on GBP USD”. The corrective...

On September 23rd we gave you our short-term outlook on GBPUSD in an article, called “Intraday Weakness for GBPUSD Rate”. The chart below gave...

Four days ago, on 2nd October, we showed you an analysis of the GBPCHF exchange rate, expecting it to fall to 1.53. Those of...

GBPCHF has been in a strong uptrend for a long time now, but recently fell down from 1.5430 to 1.5209. Should you buy the...

On May 17th we published a long-term forecast called “GBPUSD, not as optimistic as it seems“. In that material we assumed that GBPUSD is...

On July 23rd we showed you a forecast of GBP JPY, saying that there should be one more wave left to the south before...

On July 14th we published an intraday analysis of GBPUSD, titled “GBPUSD with one last move to the north”. In that piece of material...

On the 1-hour chart of GBPJPY we can see a very clear double zig-zag pattern labeled W-X-Y, with its wave Y still unfolding. It...

Two days ago, on July 8th, we published an article called “GBPJPY intraday signs of weakness”. Having a clear five-wave impulse to the south, we...

GBPUSD has been in a strong uptrend for quite a long time. The pair managed to climb up from 1.4812 to nearly 1.70 without...

Yesterday in our intraday section we showed you a forecast of GBPUSD on a 5-minute chart. All we needed was a five-wave structure, which we...

On March 11th we showed you our analysis on GBPUSD. We were then considering a double zig-zag correction under construction, with waves “b” and “c” of...

It is not difficult to get emotional about trading. And as many of you probably know, emotions are rarely helpful, when you have to...

GBPUSD formed a top at 1.6822 on February 17th 2014 and has been in corrective mode for more than a month, bottoming at 1.6460...

GBPJPY bottomed in the beginning of October 2011 and has been in a strong uptrend ever since. The Elliott Wave Principle has taught us...

In our opinion GBPUSD could provide two opportunities. The first one is to sell. On the 15-minute chart we have to wait for wave...