GBPUSD

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GBPUSD

GBPUSD 20th November, 2013

On Wednesday`s session the pound unfolded unfolded towards the upside confirming the alternate count and the specified target was reached and exceeded by 6 pips before reversing directions and moving towards the downside increasing the probabilities of that count. We will wait for either count`s confirmation point to be reached to determine the highly probable …

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GBPUSD

GBPUSD 19th November, 2013

On Tuesday`s session the pound unfolded unfolded in a sideways manner leaving both main and alternate counts valid. We have two counts today and the main count expects the pound to unfold towards the downside in a motive manner while the alternate count expects that the pound has more to offer towards the upside. We …

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GBPUSD

GBPUSD 18th November, 2013

On Monday`s session the pound unfolded towards the upside confirming the alternate count and the pound fell short of the specified target by 2 pips before reversing directions and moving towards the downside. We have two counts today and the main count expects the pound to unfold towards the downside in a motive manner while …

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GBPUSD

GBPUSD 15th November, 2013

On Friday`s session the pound reached the main count`s confirmation point before moving towards the upside invalidating the main count. Today`s main count assumes an expanded flat correction for wave B purple is underway while the alternate count expects that wave C purple is unfolding towards the upside. We will wait for either count`s confirmation …

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GBPUSD

GBPUSD 14th November, 2013

On Thursday`s session the pound unfolded towards the upside as expected and the pound fell short of the specified target by 1 pip and we are updating yesterday`s count according to the latest price action. Main Hourly Count – Invalidation Point: 1.5854 — 1.6257 – Confirmation Point: 1.6051 – Downwards Targets : 1.6008 — 1.5949 …

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GBPUSD

GBPUSD 13th November, 2013

On Wednesday`s session the pound unfolded towards the upside as the alternate count expected and both first and second specified targets were reached and exceeded. We have one count today which expects further upwards movement within the pound. Main Hourly Count – Invalidation Point: 1.5946 — 1.6247 – Confirmation Point: 1.6068 – Upwards Target : …

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GBPUSD

GBPUSD 12th November, 2013

On Tuesday`s session the pound unfolded towards the downside as expected and both first and second specified targets were reached and exceeded. W are updating the main count according to the latest price action and as well presenting an alternate count which expects the pound to unfold towards the upside. Main Hourly Count – Invalidation …

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GBPUSD

GBPUSD 11th November, 2013

On Monday`s session the pound unfolded towards the downside as expected and the main count`s confirmation point was reached. We are presenting an alternate count as MACD is showing a divergence which is indicative of a fifth wave and therefore the alternate count expects the pound to unfold towards the upside in a corrective manner. …

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GBPUSD

GBPUSD 8th November, 2013

On Friday`s session the pound unfolded towards the downside as the alternate count expected, however the alternate count did not provide us with a trading opportunity and for today`s analysis it remains the second preferred count. We are modifying the main count according to the latest price action and as well updating the alternate count …

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GBPUSD

GBPUSD 7th November, 2013

On Thursday`s session the pound unfolded towards the downside as expected and the first specified target was reached and the pound found a bottom at the middle of the specified target area. We are updating the main count according to the latest price action and as well adding an alternate count which expects that a …

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