GBP/USD Daily Video, March 28, 2016

[Sive Morten]

Good morning,

We have reasons to suggest that upside retracement is over. Thus, action on coming week will have important meaning for medium-term perspectives:




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.

 

[fxsmall]

Thanks you so much Sive, great analisys

 

[stelore]

Let's be Happy today!
Best wishes to all of you...

 

[Joh]

Good morning,

We have reasons to suggest that upside retracement is over. Thus, action on coming week will have important meaning for medium-term perspectives:




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.

Wow thank you Sive , i will need to hear this may be twice more to get my head around all the possibilities. thank you Sir will not jump in till then

 

[fxsmall]

Good evening Sir GBP/USD Again upward Your analisys was perfect. Why reverse up again? The market behaviors are changing Sir ???
Thanks

 

[Joh]

Good morning,

We have reasons to suggest that upside retracement is over. Thus, action on coming week will have important meaning for medium-term perspectives:




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.

Took the ride up when Madam Yellen spoke, thank you Sive and am now patiently waiting to see/hear what happens next Love your analysis Sive

 

[Sive Morten]

Good evening Sir GBP/USD Again upward Your analisys was perfect. Why reverse up again? The market behaviors are changing Sir ???
Thanks

I'm not sure that this is reverse up. Currently Mrs. Yellen just has done it's dirt deed. ))

Actually we've expected this turn to dovish policy, but haven't thought that this will happen so fast... On this rally it would be better to stand aside for some time, at least until NFP data. GBP is bearish fundamentally, but long-term target could change if USD background will change. So, market wil need to price-out previous hawkish policy. That's why we might need to wait when this will happen before taking short and before GBP will go down again...