Category Archives: GBP

Short term Sterling outlook

Although GBP failed at the first resistance of 1.5020 area yesterday and came off to 1.4873, there still exists a good chance to revist that area soon. Continue reading

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Sterling Pound Short Term Outlook: Update

After the fifth wave extended as anticipated, we should now be ready for a snap back towards 1.5020/1.5070 in GBP/USD Continue reading

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GBP/USD update for short term traders

Short term traders of GBP/USD beware of a sharp recovery to 1.5070 once the 5th wave extension is over. Continue reading

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Medium Term Outlook for GBP/USD

In this update, I am going to look at the medium term outlook for Sterling Pound, or GBP/USD.  Those who have subscribed to this blog would have seen the last medium term update on cable, (another name for GBP/USD) posted … Continue reading

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Sterling, India’s Sensex and Australian Dollar Outlook plus holiday notice

Hello, I am going to be away for a month on holidays. So will catch up with you when I return. In the meantime, here are two quick updates that you might find interesting. One is on GBP/USD and the … Continue reading

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