This Week Chart Setup

starting tomorrow i will have a long holiday until 7 October... im sorry for so much inconvenience...

for that reasons i attached predicted daily chart until around the end of this week or maybe longer

Happy Iedl Fitri for those who celebrates...

Minal Aidin Wal Faidzin...

yesterday post is still valid

i have no comment about yesterday movement...

ask the speculant..

from now i will not use buystop again

GU have to make a correction

as i say yesterday if GU couldnt broke Tuesday low, so tuesday low will be the low of the week,

if 1.8260 break probably GU will rise again to 1.8444 area (this week probable high)

today considered position.

Sell @ 1.8225 - 1.8242

Tp1 @1.8056

TP2 @ 1.7945

Stp or cut switch @ 1.8260

Buy @ 1.8000 or lower

Tp1 @ 1.8225

Tp2 @ 1.8444

GU still on his downward path

GU is still on his downward path but if 1.7720 area is not break until the end of this day then i predict yesterday low is the lowest point on this week..

Sell @ 1.7888 - 1.7869

TP1 @ 1.7800

TP2 @ 1.7666

Stp @ 1.7906

correction of morning post

Now Gu will Retest yesterday low area 1.7760 (100% H1 Fibo). if this area Broke then he could drop as low as 1.7577. But be carefull if 1.8035 broke coz if this happen GU will Re-test yesterday high, and if its broke again then GU could fly to 1.8560 area

Re-test Yesterday Low or yesterday high

Now Gu will Retest yesterday low area 1.7543 (100% H1 Fibo). if this area Broke then he could drop as low as 1.7577. But be carefull if 1.8035 broke coz if this happen GU will Re-test yesterday high, and if its broke again then GU could fly to 1.8560 area

a slight signal for uptrend

Unless on daily chart, GBP USD is ready to fly which confirmed by now 9.00 (GMT +7) on H30, H1, And H4.

GU could climb to 1.7655 area and rebound to 1.7515

considerable position :

Sell GU @ 1.7660 - 17680 

Tp1 @ 1.7550

Tp2 @ 1.7515

Stp @ 1.7700

GBP could resist from USD strength

Yesterday, almost all direct pairs are breaking daily low including GOLD... but sterling could defend 1.7480 area... i predict if this area is still not breaking by the end of this week, it means that GBP USD changing trend...

Buy @ 1.7485

Tp1 @ 1.7560

Tp2 @ 1.7630

Stp @ 1.7470

or

sell @ 1.7560 - 1.7580

Tp1 @ 1.7488

Tp2 @ 1.7335

Stp @ 1.7605

Re-test 1.7700-1.7728 area

herewith i upload yesterday unattached pics

it seems now GU will retest yesterday daily high 1.7700 - 1.7728 

1.7728 is 161% H4 Fibonacci.

from this area GU will continue his upward trend or believe it or not making a new low 

im sorry picture couldnot attached due to bad connection

R4          1.8287

R3          1.7892

R2          1.7728

R1          1.7662

Pivot     1.7560 - 1.7590

S1          1.7425

S2          1.7296

GU in consolidation area

the consolidation area i predicting yesterday was on area 1.7530 to 1.7560 area, but now the consolidation area is getting a larger range. but in this afternoon (GMT +7), i saw this pattern is forming a triangle. so i make a support and resistance point where will GU move....

in my opinion 60 % down trend, 40% uptrend

GU update Continuing morning edition

i cant believe that GU move real fast, since they hit lower target easily (as picture attached earlier), now the crucial point is around 1.7560 - 1.7530.

if 1.7530 area strong enough, then GU will climb again even breaking the top that she creating now.

otherwise, if 1.7530 area break, then GU will drop to 1.7444 area even to 1.7200.

have a nice trade

GU Update : end of selling Frenzy, or start of another nightmare for GBP

This day charts setup

Sell @ 1.7797 - 1.8015

STP @ 1.7850

TP1 @ 1.7879

TP2 @ 1.7794

Watchout NFP

Last day i underestimate GU movement, i didnt think that it can broke wednesday high, indeed it could...

for now i believe GU will continue downward... target of this downtrend is around 1.7444 Area.

sell @ 1.7700   or  Sell @ 1.7600

stp @ 1.7735          Stp @ 1.7635  

             TP1 @ 1.7580

             TP2 @ 1.7444

GU should set a new low...

its too hard now for GU to move upward...

all i can see is a new low

Sell 1.7730 - 1.7760

Stp @ 1.7790

Tp1 @ 1.7682

Tp2 @ 1.7580

GU Reversal ; Now, or Never For The Week

This is a potential GU Reversal add spread on your Buy order and stop at yesterday low

Buy @ 1.7800-1.7830

Stp @ 1.7770

TP1 min 50 pips

TP2 Open

iF yesterday low break by today movement then GU will go to  1.7685- 1.7678

sell @ 1.7750

Tp @ 1.7685 - 1.7678

GBP could drop to 1.7783

There is a chance for a drop to 1.7783 but if GU bounce there is a higher chance to get the gap filled 

Buy @ 1.7871 - 1.7850

Stp @ 1.7840

Tp1 @ 1.7900

Tp2 @ open till tomorrow

or

sell @ 1.7840

TP @ 1.7800

happy ramadhan for those who celebrate

last friday GBP-USD accomplish its target to the super support area. i expect in this area GU will Bounce... But now when i see the chart, i am surprised coz there is a gap... a quite big gap...

the conclusion is :

Considered position :

Buy @ 1.7961

Stp @ 1.7930

TP1 @ 1.800

TP2 @ 1.8166

for sell position GU could bounce around 1.8166 - 1.8217 or even @ 1.8280 (sma 50) you can see the chart... take your own decision