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British Pound Technical Outlook
Wednesday, 12 August 2009 14:37:58 GMT
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- Thursday, 27 August 2009 01:35:37 GMT British Pound Drops Below Initial Support Against US Dollar, Sell Entry Ahead
- Tuesday, 25 August 2009 15:14:47 GMT British Pound Technical Outlook
- Monday, 24 August 2009 14:17:36 GMT British Pound Technical Outlook
- Friday, 14 August 2009 14:59:38 GMT British Pound Technical Outlook
- Thursday, 13 August 2009 14:35:07 GMT British Pound Technical Outlook
- Tuesday, 11 August 2009 14:07:38 GMT British Pound Technical Outlook
- Monday, 10 August 2009 14:50:57 GMT British Pound Technical Outlook
- Friday, 07 August 2009 14:27:38 GMT British Pound Technical Outlook
- Thursday, 06 August 2009 14:13:43 GMT British Pound Technical Outlook
- Wednesday, 05 August 2009 14:26:52 GMT British Pound Technical Outlook
- Friday, 31 July 2009 15:00:57 GMT British Pound Technical Outlook
- Thursday, 30 July 2009 14:13:24 GMT British Pound Technical Outlook
- Wednesday, 29 July 2009 15:06:46 GMT British Pound Technical Outlook
- Tuesday, 28 July 2009 14:24:57 GMT British Pound Technical Outlook
- Monday, 27 July 2009 14:30:13 GMT British Pound Technical Outlook
- Friday, 24 July 2009 15:42:58 GMT British Pound Technical Outlook
- Thursday, 23 July 2009 13:50:18 GMT British Pound Technical Outlook
- Wednesday, 22 July 2009 14:20:05 GMT British Pound Technical Outlook
- Tuesday, 21 July 2009 14:19:53 GMT British Pound Technical Outlook
- Monday, 20 July 2009 14:59:44 GMT British Pound Technical Outlook
The GBPUSD break above 1.6750 was from a triangle and thrusts from triangles are terminal (meaning that they complete larger degree moves). The next chart support is 1.6340. Near term, the decline from the top is most likely a first wave. A second wave correction is underway now and could reach as high 1.6700/1.6800 (Fibonacci resistance).
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