GBPUSD is being surprisingly stubborn lol. I think it needs to move below at least 1.6715(.786 extension of AB leg) & later 1.6691(May low) to keep bearish hopes alive. Things could get interesting if it moves decisively above the MPP & gets back inside channel. Let's see..
GBPUSD could get interesting next week. I'm expecting an overall bullish month, but in the near term it should achieve our major AB=CD target. Hopefully Carney & company will stop twiddling their thumbs & take a decision on raising rates already >.>
Technically it seems to be slightly outside &...
All eyes on Draghi next week lol. Till then I guess EURUSD could continue this way meandering downwards. Overall May has been a pretty interesting month as expected!
Thanks for the awesome analysis Sive. Good to have long term analysis with short term setups for a bigger picture. The big upward channel has been really profitable. GBPUSD is my personal favorite pair so far this year, thanks to you :D
Lots of pips to you & wish you good luck
Good for you Brett...last week I went for drinks in Mumbai and they didn't have any Romanov :(
You should sober up soon dude..the darkness is coming..he will knock four times...
lol minimax..how have u been?! long time no see :D
The EU elections which you mentioned should be interesting. From what I've heard there are strong anti-EU winds O.o
Nice! GBPUSD achieved target. The bullish divergence had me worried too but it managed to pierce .38 retracement as well as MPP. Thanks a lot again Mr.Sive. Your contribution is & will always be invaluable to us :)
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