gbp/usd

Good morning, We're keep going with our trading plan on GBP. Yesterday price has completed the first stage of our scenario:

Good morning, GBP has not formed the bearish setup that we've discussed on Friday, so, it means that it should continue upward action:

Good morning, Today is final session of this week, while EUR is coiling around the same level and we watching for bullish signals there, on GBP it might be quite different scenario:

Good morning, Our worse scenario is becoming a reality as elections are turning on the way of uncertainty, frauds, mutual claims, probes and vote stealing. Markets predict Biden's victory by far, but we think it is too early to celebrate. GBP in turn, has its own problems that make it reacts...

Good morning, Market right now stands under pressure of "run-into-safety" process, that could exacerbate if situation turns negative. Here we need to recall our longer-term GBP scenario:

Good morning, Today all eyes will be on stimulus pack agreement, as Pelosi said if it comes - it has to come on Tuesday. Technical picture is potentially bullish on GBP:

Good morning, GBP has best chances among the other to turn situation positive. That's why we still keep on the table our upside scenario with 1.3170 target:

Good morning, GBP is coming to retracement target and it is interesting to see what will happen around it:

Good morning, Pound, in general follows to our trading plan that we've discussed yesterday. Now price is coming to important moment as it should turn down again. Let's keep watching...

Good morning, GBP is forming the pattern that could become a source of few trading setups till the end of the week

Good morning, Cable stubbornly stands near resistance trying to erase daily grabber that we have. This is increase chances for alternative scenario of H&S pattern

Good morning, GBP shows more interesting situation with few potential trading setups this week:

Good morning, GBP is coming to our major 1.27 support area where we hope to get some trading setups:

Good morning, It seems that GBP stands under strong pressure and directly follows to major daily support area

Good morning, As sell-off on cable has started, we hope that it will generate some interesting setups within few weeks:

Good morning, GBP is moving with common trend in recent few sessions. Indirect signs suggest that price should drop a bit more, but there are few things that we should pay attention to:

Good morning, GBP is tending higher, but important targets stand relatively close:

Good morning, As Fed has supported market's expectation, existing tendency is continued:

Good morning, Markets are slowly rising on anticipation of dovish comments from J. Powell. Indeed, technical picture stands bullish on GBP. But major risk factors is Fed's chairman speech, it could turn situation from top to bottom:

Good morning, We continue our GBP journey and now we have new inputs on 4H chart that give some hints on future price shape: