Category Archives: GBP

GBP/USD outlook: In the long run, we are dead

Posted on July 26, 2011 by Ramki Ramakrishnan

Just about 5 weeks ago, while discusing the GBP/USD outlook, I pointed out that a leading bank was calling a head-and-shoulders top in the Pound, and they had gone short at 1.6133 with a stop at 1.6305. From an Elliott … Continue reading →

Posted in GBP | Tagged GBP/USD outlook, head and shoulders formation, head and shoulders pattern | 4 Comments

GBP/USD update

Posted on June 23, 2011 by Ramki Ramakrishnan

Yes, the Pound is going down. It doesn’t matter that I dont think we posted a Head and Shoulders top there. I must have caused some of you to miss out a neat trade. Guess thats the price of being … Continue reading →

Posted in GBP | 7 Comments

GBP/USD outlook- Head and Shoulders Pattern

Posted on June 22, 2011 by Ramki Ramakrishnan

A leading bank and an active player in the FX market has gone short in GBP/USD at 1.6133 with a stop at 1.6305. Why? It is because they have spotted a head and shoulders formation! Over the years I have … Continue reading →

Posted in GBP | Tagged gbp/usd head and shoulders pattern | 7 Comments

Elliott Wave Analysis of GBP/USD 8Aug2010

Posted on August 8, 2010 by Ramki Ramakrishnan

Are we going to see a test of 1.6170 directly? and If we do get there, will we get a 10-big figure decline from there? These are some of the questions that the Wavetimes watcher must be having. Elliott Wave … Continue reading →

Posted in GBP | Tagged Elliot wave analysis, elliott wave analysis of GBP/USD, Sterling Pound | Leave a comment

Medium Term update on GBPUSD

Posted on August 1, 2010 by Ramki Ramakrishnan

I have no problem discarding a wave count that has served us so well since March of 2009. Likewise, the count I am presenting here will also have a life-span. Once its time comes, we will have to let it … Continue reading →