GBP/USD Daily Video, June 25, 2018

[Sive Morten]

Good morning,

GBP shows similar patterns to EUR and also keeps chances on upside retracement:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[Brett Reynolds]

Possibility of $ weakness is shown by patterns and oversold on weekly charts etc. Strong possiblity of upside retracement to complete larger H&S patterns...yes! But...as ever i would not be looking to go long...

 

[Sive Morten]

i would not be looking to go long...

Yeah, I think that we could concentrate on football by far...

 

[Brett Reynolds]

All fairly quiet at moment. NO BIG news only football by far. I'm looking at £ & Euro set-ups with $AUD & $NZD. Looking to make some pips there..then i can put ALL my money on England....to 'lose' to Russia in the Knockout.!?