Category Archives: GBP

Outlook for Sterling Pound GBP/USD

After the Pound broke past the resistance at 1.5157, there was little to hold it back. The target appeared to be 1.5615/20 levels, and the attached two charts will testify why I felt like that.  In fact, I had even emailed … Continue reading

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Short term outlook for Sterling Pound

Now that the Sterling Pound has almost reached its short term objective above 1.5100, it is natural to wonder what next? If we break above 1.5110, then there is a chance to take a look at 1.5157, which marks a … Continue reading

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GBPUSD Short Term Outlook 25 March 2010

GBPUSD is likely to experience a bout of correction towards 1.5100 once we complete the fifth wave between 1.4780 and 1.4855 Continue reading

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GBP/USD complex correction

After being held back by 1.5065/85 level a few times, the Pound has broken higher, indicating the complex correction in GBP/USD is not over yet. Continue reading

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GBP/USD short term targets met

It all seems so simple after the move!
But fortune does favor the brave. Go back to the last two days’ updates and see how you could use Elliott Wave analysis to trade effectively. Ramki Continue reading

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