GBP/USD Daily Video, July 15, 2016

[Sive Morten]

Good morning,

GBP stands in upward retracement and now have clear pattern that it is be based on:




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]

Yes...indeed! Weekly Bullish Engulfing Candle by end of this week!? Also similar candles on other currencies indicate 'Juicy' trading opportunities for next week.!? Ha!

 

[Cajun]

Yes...indeed! Weekly Bullish Engulfing Candle by end of this week!? Also similar candles on other currencies indicate 'Juicy' trading opportunities for next week.!? Ha!

Inverse h/s on 4Hr?

 

[Cajun]

Oil at possible resistance also which may bode well for GBPCAD longs ☺