Tag: british pound
GBP/USD Currency Pair: Is Deep Elliott Wave Retracement Targeting 1.18?
At the start of this year, the GBP/USD currency pair was doing pretty well, going above the 1.3100 level. But then things changed as...
$GBPUSD Elliott Wave Analysis Points To Reversal Higher Soon
The British Pound appears ready to strengthen versus the US Dollar soon, if this Elliott wave analysis plays out to forecast.
Following an A-B-C correction,...
British Pound Currency Surprisingly Strong, but the Bear Awaits
When we wrote about the British Pound ETF in September, we were treating the developing pattern as a downward impulsive wave coming out of what...
British Pound Trading Update – Don’t Get Thrown Off Up-Down Moves
Last week we posted our Elliott wave forecast for the CurrencyShares British Pound Sterling Trust NYSEARCA: FXB that showed what an upward correction might look...
British Pound Due For Upward Elliott Wave Correction
British Pound ETF NYSEARCA: FXB - Elliott Wave Chart
The British Pound has been in a strong and persistent decline since February.
However, that trend lower...
British Pound Bouncing But Elliott Wave Points To New Lows
The British Pound has fell nicely away from the resistance level we charted here seven months ago.
Now that we are starting to see a...
British Pound Following Elliott Wave Downward Forecast
With two strongly declining months in a row, the British Pound appears to be embarking on the decline we forecast in our post last...
British Pound Decline Set For Another Wave Lower
As the U.S. Dollar spent the past several years working upward in an impulsive wave, so too has the British Pound (CURRENCY:GBP) cross been...
UK Financial Markets: Keep Calm And Carry On?
“Before long, we will all begin to find out the extent to which Brexit is a gentle stroll along a smooth path to a...
The British Pound Is Nearing Elliott Wave Trading Resistance
In our April post about the British Pound, we suggested that it should climb a bit higher to test an important resistance zone before...
