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GBP USD Elliott Wave Analysis

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Analysis of EUR/USD and GBP/USD for January 17. Pound ignores statistics, while euro is afraid of inflation
Analysis of EUR/USD and GBP/USD for January 17. Pound ignores statistics, while euro is afraid of inflation
Relevance up to 09:00 2020-01-18 UTC+1 On January 16, the EUR / USD pair lost about 10 basis points and already began to move away from the highs reached this time. The wave markings have not changed much over the past few days, given the very weak activity of the market. I still expect the const....
27
Simplified wave analysis for GBP/USD and USD/JPY on January 16
Simplified wave analysis for GBP/USD and USD/JPY on January 16
Relevance up to 09:00 2020-01-17 UTC+1 GBP/USD Analysis: In the bearish wave that has been dominating since the beginning of this year, conditions are being created for a final downward trend. The structure traces the first 2 parts (A-B). In the last part, the price rolls up from the beginning of ....
16
Analysis of EUR/USD and GBP/USD for January 16. Eurozone's economic reports continue to disappoint
Analysis of EUR/USD and GBP/USD for January 16. Eurozone's economic reports continue to disappoint
Relevance up to 09:00 2020-01-17 UTC+1 EUR / USD On January 15, the EUR / USD pair gained about 20 basis points and continued to move away from previously reached lows after an unsuccessful attempt to break through the 50.0% Fibonacci level. At the same time, the alleged wave y still does not se....
12
Analysis of EUR/USD and GBP/USD for January 15. UK Inflation: reason for new sales of the pound?
Analysis of EUR/USD and GBP/USD for January 15. UK Inflation: reason for new sales of the pound?
Relevance up to 09:00 2020-01-16 UTC+1 EUR / USD On January 14, the EUR / USD pair lost only a few basis points, although it fell significantly below the opening levels during the day. However, the current wave marking remains to be developed as before, the construction of wave y with targets lo....
10
Analysis of EUR/USD and GBP/USD for January 14. UK's GDP report makes another trip to pound
Analysis of EUR/USD and GBP/USD for January 14. UK's GDP report makes another trip to pound
Relevance up to 09:00 2020-01-15 UTC+1 EUR / USD On January 13, the EUR / USD pair gained about 15 basis points. However, the current wave marking remains the same, and I expect the instrument to turn down and go down as part of an unfinished downward wave y again. If this assumption is correct,....
18
Simplified wave analysis of GBP/USD, USD/JPY, and USD/CHF on January 14
Simplified wave analysis of GBP/USD, USD/JPY, and USD/CHF on January 14
Relevance up to 07:00 2020-01-15 UTC+1 GBP/USDAnalysis:Since July last year, the main direction of the movement of the British pound is set by an upward wave. Since mid-December, the price rolls back down, forming a correction. There is a clear zigzag in its structure. In the last 2 weeks, the fin....
9
Short-term Elliott wave analysis on GBPUSD
Short-term Elliott wave analysis on GBPUSD
Long-term review GBPUSD is following our expected wave path for a move below 1.29 after bouncing towards 1.3250. Price has so far moved exactly as we predicted and this increases our hopes that a bigger reversal should follow,as this remains our key scenario for the first quarter. Price is followi....
17
Analysis of EUR/USD and GBP/USD for January 13. Statistics in the US: euro took the chance, pound continues to fall
Analysis of EUR/USD and GBP/USD for January 13. Statistics in the US: euro took the chance, pound continues to fall
Relevance up to 09:00 2020-01-14 UTC+1 EUR / USD On January 10, the EUR / USD pair gained about 15 basis points, but this increase did not in any way violate the current wave counting and the construction of the alleged wave y. Thus, I expect the continuation of lowering the quotes within the cu....
14
Simplified wave analysis of GBP/USD and USD/JPY on January 10
Simplified wave analysis of GBP/USD and USD/JPY on January 10
Relevance up to 10:00 2020-01-11 UTC+1 GBP/USD Analysis: The main wave of the British pound has been developing a downward wave since December 13. Given the potential of the first part of the movement, the wave can become a correction of the entire main wave. At the beginning of this year, the fin....
131
Analysis of EUR/USD and GBP/USD for January 8. EU economy shows signs of recovery
Analysis of EUR/USD and GBP/USD for January 8. EU economy shows signs of recovery
EUR / USD On January 7, the EUR / USD pair lost about 45 basis points and made an unsuccessful attempt to break through the 0.0% Fibonacci level and rolled back from the highs reached, failing to resume building the upward trend section. Thus, the developing option for today is the option of build....
103
Analysis of EUR/USD and GBP/USD for January 10. Bad news for the pound while good news for the euro
Analysis of EUR/USD and GBP/USD for January 10. Bad news for the pound while good news for the euro
Relevance up to 09:00 2020-01-11 UTC+1 EUR / USD On January 9, the EUR / USD pair did not lose or gain a single basis point. Thus, the instrument continues to remain within the framework of constructing the alleged downward wave y. If this assumption is true, then the decline in quotes will cont....
9
Analysis of EUR/USD and GBP/USD for January 9. ADP report supported the dollar across the entire spectrum of the currency market
Analysis of EUR/USD and GBP/USD for January 9. ADP report supported the dollar across the entire spectrum of the currency market
EUR / USD On January 8, the EUR / USD pair lost about 45 basis points and thus, resumed the construction of the alleged wave y. If the current assumption is correct, then the quotes of the instrument will continue to decline with targets located near the 10th figure. The internal wave structure of....
5
Short-term Elliott wave analysis on GBPUSD
Short-term Elliott wave analysis on GBPUSD
GBPUSD so far has been following our projected path. Price is still expected to move lower from current levels in order to complete a three wave corrective pattern near the important Fibonacci support level of 1.2550.Red lines - expected pathGBPUSD is expected to make at least a lower low relative t...
0
Analysis of EUR/USD and GBP/USD for January 7. Inflation in the EU and ISM Index in America. Which report will have a greater impact on the market?
Analysis of EUR/USD and GBP/USD for January 7. Inflation in the EU and ISM Index in America. Which report will have a greater impact on the market?
EUR / USD On January 6, the EUR / USD pair gained about 35 basis points, which currently leads to a complication (assumed) of the bearish wave y. However, the current wave marking remains the same for the time being and does not require any additions or corrections. The unsuccessful attempt to bre....
2
Simplified wave analysis of GBP/USD, USD/JPY, and USD/CHF on January 6
Simplified wave analysis of GBP/USD, USD/JPY, and USD/CHF on January 6
GBP/USD Analysis: The chart of the British pound has been dominated by an upward trend since the middle of last year. The wave is not complete. On December 13, a correction began to develop towards the main rate. The first 2 parts of the wave zigzag (A-B-C) are traced in the movement structure. Fore...
6
Analysis of EUR/USD and GBP/USD for January 6. Euro can take a break while pound sterling continues to decline
Analysis of EUR/USD and GBP/USD for January 6. Euro can take a break while pound sterling continues to decline
EUR / USD On January 3, the EUR / USD pair lost another 10 basis points as part of building a bearish wave, presumably y. If this assumption is correct, then the decline in quotations will continue with targets located near the 10th figure and below. The wave pattern now has a rather complicated a....
1
Short-term Elliott wave analysis on GBPUSD
Short-term Elliott wave analysis on GBPUSD
Relevance up to 22:00 2020-01-11 UTC+1 GBPUSD continues to follow our plan and is now in the final corrective pull back. Short-term trend remains bearish and we continue to expect price to move below 1.29. Wave C down is underway.Red lines - expected pathGBPUSD so far is following my expectations.....
0
Simplified wave analysis of GBP/USD and USD/JPY on January 8
Simplified wave analysis of GBP/USD and USD/JPY on January 8
GBP/USD Analysis: Short-term fluctuations of the British currency reflect the algorithm for the formation of a bearish wave from December 13. In the wave, the middle part (B) is completed and the beginning of the final part (C) is formed. Last week, the price moves along the lower border of the resi...
1
Analysis on EUR/USD and GBP/USD for January 3, 2020
Analysis on EUR/USD and GBP/USD for January 3, 2020
EUR/USDOn January 2, the EUR/USD pair lost about 50 basis points, and another 45 on Friday, January 3. This will consequently move the trading instrument to the construction of the expected downward wave y. If that happens, the quotes will continue to decline to the goals located below the minimum o...
0
Analysis of EUR/USD and GBP/USD for December 27. Euro and pound unexpectedly rushed up, while maintaining the potential for decline
Analysis of EUR/USD and GBP/USD for December 27. Euro and pound unexpectedly rushed up, while maintaining the potential for decline
Relevance up to 10:00 2019-12-28 UTC+1 EUR / USD On December 26, the EUR / USD pair increased by 10 basis points, but then already gained almost 40 on Friday night and morning. Are the markets recovering their previous holiday activity? One way or another, the current wave counting at the moment....
319
Short-term Elliott wave analysis on GBPUSD
Short-term Elliott wave analysis on GBPUSD
Relevance up to 10:00 2019-12-29 UTC+1 GBPUSD has reached our minimum pull back target of 1.29 and is now bouncing as per our expectations. The most probable wave scenario implies that we are still in a corrective phase and another leg lower should follow.Red lines - most probable price pathGBPUSD....
193
Simplified wave analysis for GBP/USD and USD/JPY for December 26
Simplified wave analysis for GBP/USD and USD/JPY for December 26
Relevance up to 09:00 2019-12-27 UTC+1 GBP/USD Analysis: A downward wave has been forming on the chart of the British pound since December 13. It can take the place of a correction in the main structure or give rise to a wave of a new short-term trend. The price reached the support zone, from whic....
26
Analysis of EUR/USD and GBP/USD for December 26. Christmas holidays continue
Analysis of EUR/USD and GBP/USD for December 26. Christmas holidays continue
Relevance up to 09:00 2019-12-27 UTC+1 EUR/USD On December 25, the EUR/USD currency market was closed, so there was no trading. The current wave marking, thus, remains the same. The euro-dollar instrument continues to be held between the levels of 50.0% and 61.8% by Fibonacci, and although it ret....
14
Analysis of EUR/USD and GBP/USD for December 25. Holidays made markets freeze
Analysis of EUR/USD and GBP/USD for December 25. Holidays made markets freeze
Relevance up to 12:00 UTC+1 EUR/USD The EUR/USD pair ended with the loss of several base points on December 24. The current wave marking remains the same, because for the remaining time after the release of a review made on Tuesday with low market activity, no changes just happened. Thus, the pa....
11
GBPUSD remains under pressure
GBPUSD remains under pressure
Relevance up to 19:00 2019-12-23 UTC+1 GBPUSD topped two weeks ago just above 1.35 when we mentioned that a 5 wave move higher was about to complete. Price has since then pulled back below 1.30.Red lines - bullish medium-term channelGBPUSD despite the sharp pull back from 1.35 remains inside the b....
68
Analysis of EUR/USD and GBP/USD for December 20. Bank of England helps the pound continue to fall
Analysis of EUR/USD and GBP/USD for December 20. Bank of England helps the pound continue to fall
Relevance up to 08:00 2019-12-21 UTC+1 EUR / USD On December 19, the EUR / USD pair completed with an increase of several base points, which does not affect the current wave marking in any way again, which still involves the completion of the ascending 3-wave trend section near the Fibonacci lev....
67
Analysis of EUR/USD and GBP/USD for December 19. Pound will resume its decline if three or more Bank of England board members support rate cut
Analysis of EUR/USD and GBP/USD for December 19. Pound will resume its decline if three or more Bank of England board members support rate cut
Relevance up to 08:00 2019-12-20 UTC+1 EUR / USD On December 17, the EUR/USD pair completed lowering by 40 basis points, which is fully consistent with the current wave marking at the moment, and just involves the construction of a new bearish set of waves. Thus, I still believe that the pair is....
13
Analysis of EUR / USD and GBP / USD for December 18. Inflation in Britain, inflation in the European Union
Analysis of EUR / USD and GBP / USD for December 18. Inflation in Britain, inflation in the European Union
Relevance up to 09:00 2019-12-19 UTC+1 UR/USD On December 17, the EUR / USD pair ended with an increase of 5 basis points. Such increase in the instrument, however, did not have any effect on the current wave marking, which still involves the completion of the construction of the expected wave 3....
12
Simplified wave analysis for GBP/USD and USD/JPY for December 18, 2019
Simplified wave analysis for GBP/USD and USD/JPY for December 18, 2019
Relevance up to 07:00 2019-12-19 UTC+1 GBP/USD Analysis: The dominating upward wave of the pound market has so far achieved minimal targets. Its structure looks complete. The decline that began on December 13 has a reversal potential. Forecast: The decline that began last Friday could be the begin....
9
Short-term Elliott wave analysis on GBPUSD
Short-term Elliott wave analysis on GBPUSD
Relevance up to 22:00 2019-12-19 UTC+1 GBPUSD has completed an impulsive wave structure to the upside and is now expected to make a corrective pull back. Most probable target area is at 1.29 (minimum) to 1.2550 (maximum). GBPUSD is expected to make a higher low inside that area.Red lines - expecte....
15
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