Hi guys its been a while, GBPUSD has broken out in early February just as predicted :) I hope you made the move we've been predicting :) I certianly did... see my widget :> Even though its only a demo it looks sooooooo good :P

Ps. the dip was because I sold too early and hit stop loss 

I think Gbp/Usd will touch 1.6460 tomorrow but in longterm it will be bearish.

I am going to buy it with target TP of 1.6460 and SL of 1.6390.

Originally posted by Champ

I think Gbp/Usd will touch 1.6460 tomorrow but in longterm it will be bearish.

I am going to buy it with target TP of 1.6460 and SL of 1.6390.

Correct. Gbp/Usd has already gone above 1.6460 so looks like you have won ur trade.

I think pair will now move sideways and then downwards.

Hi guys,

Its been a while since I've contributed into the thread, so I thought I'd do a post.

So back in January we all predicted GBP/USD to turn bearish...Boy were we wrong! (there was a brief drawback though im sure a lot of us lost some serious money there, looking at the red circles).

Now that I've zoomed out to look at the charts in longer term, I saw the trend has always been bullish in an ascending triangle (as shown). The instrument seems to have been bouncing withn a range in general, although it is beginning to narrow. 

Judging by my fancy diagram I would say the pair should be bearish for a brief moment but I predict the bottom will be between 1.66 and 1.65, heaven forbid it to break out and reach 1.64 (my broker would officially go ape shit on me if that happens).

I think the triangle should continue for a while yet until the first week of march at least. what do you guys thinks?   

I think Gbp/Usd will soon change its short term bearish direction and will touch 1.6800 once again. It will most probably keep itself above 1.6600 in this week.

Gbp/Usd has started the trading week with upward move which is mainly due to weak sentiments on Usd. IMO Gbp/Usd will stay bullish for most part of this week.

This week, I am bearish on Gbp/Usd. I think it will go below 1.6500 this week. It fell significantly last week and technically, further downward move is highly probable.

Gbp/Usd fell at key support zone. Will it break this level or will it bounce back? I think it will break this key support this week unless fundamentals hold it above this level.

I am on the side of bears. Gbp/Usd is going to fall further this week. Usd will continue to strengthen against counterparts. It can close somewhere near 1.6300 in coming week or even below this level.

Gbp/Usd has gone above 1.6560 which is key resistance level. This is the second wave of bearish trend which is completed. Third wave is about to get started. Pair can go to 1.6345 in next few days.