Tag: GBPUSD

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,...

Federal Reserve Causes Gold Sell-off; USDCHF Currency Headed Higher (Elliott Wave...

US dollar is up sharply as 7 Federal Reserve officials expect rates to increase in 2022, 13 Fed officials see rate increase in 2023....

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 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...

5 Charts For Global Investors: Key Market Trends

It's time for another set of 5 macro technical charts to watch as we move further into the month of January (including stock market indices,...

British Pound Currency (GBP/USD): A Bottom Is Lurking Nearby

The British Pound currency (GBPUSD) has been taking on water since the Brexit vote. And there has been an uptick in the amount of...

Is The British Pound Downtrend About To End?

Market Inflections on the Great British Pound Note that this article was co-written with Larry Footer. Buy fear and sell greed! How many times have we...

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