GBPUSD Market Outlook – 7 Nov 2019

GBPUSD Market Outlook - 7 Nov 2019 As Bank of England Governor Carney speaks, GBPUSD is fluctuating strong. GBP is weak today even though BOE determined to keep the Bank Rate maintained at 0.75%. In the screenshot we have outlined two resistance levels at 1.2840 and 1.2875 and one support at 1.2810. Link to Harmonic …

GBPUSD Market Outlook – 23 Oct 2019

GBPUSD Market Outlook - 23 Oct 2019 AUD is a strong bearish. EURUSD is also weak but very mild. GBPUSD enjoy some bullish momentum last few weeks. Now, we had a first notable turning point at 1.3000. That comes with bearish butterfly pattern. I think this level 1.300 would be significant next few weeks. It …

GBPUSD Market Outlook – 12 August 2019

GBPUSD Market Outlook - 12 August 2019 We know that GBPUSD broken the  2 year's lowest price. However, price is not just moving in one direction always. I have pointed out why this happens in the financial market already here. https://algotrading-investment.com/2019/07/08/profitable-patterns-in-financial-market/ Anyway, we are looking for short term correction with the formation of AB=CD pattern. …