GBP/USD Daily Video, November 23, 2015

[Sive Morten]

Good morning,

On Friday market has shown signs of possible re-establishing of bear trend. So let's see where we could join it:




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]

Cable seems to show Deep retracements but weekly downtrend holds intact same as euro. I also missed entry on Cable as wasin trades on GBP/AUD and GBP/NZD. I made good pips this last week selling £ against both. I had noted a few weeks ago your analysis of possible trend change on NZD. It looks like this has happened so it would be good to have an update on Kiwi chart as I see good opportunities for selling £GBP against all currencies over next few weeks!?