Only charts

Gbpusd has rallied since the beginning of the week till 1.3260$ area which is 61.8% fibonnaci level for the fall from .14330$ to 1.14$. The crictical fibonnaci level showed strong resistance for the pair which reversed its weekly rally to get back below 1.31$ handle.  In short term , the pair is still facing further weakness and it is recommended to open short positions anywhere near 1.3140$ area with target 1.2860$ area.

Sterling has fallen more than 200 pips since topping the 1.28$ handle this week. The pair has fallen as low as 1.2585$ and will most probably recover from there to test 1.2660$  The pair is trading below 30 on RSI in the 1H time frame and still supported in the 30min time frame chart on the RSI level , however it is trading below 200 MA. I believe we can long the pair for 50 pips trade.it is currently trading around .12590$ , take your profit around 1.2640-60$ area.

Gbpusd broke below 1h trendline and currently trading at 1.3080$   However the pair seems to be trending higher on RSI , SO KEEP WATCHING ,till we start building a rising trend on the chart as well.. Most probably we can have a leg lower at 1.3030$ or 1.2960$ before building a strong trendline

Indicative prices   Early monday prices before the official beginming of the first session in the coming week There is around 30 pips drop in #Gbpusd price EUR/USD 1.1036 USD/JPY 108.35 GBP/USD 1.2611 USD/CHF 0.9974 USD/CAD 1.3204 AUD/USD 0.6789 NZD/USD 0.6330 I dont recommend taking any positions in #Gbpusd this week. Follow up this week , we will have a very nice trade setup in #eurusd

The pair broke below the rising trendline in red as shown in the chart below. It is also trading below 200 hour moving average. There is horizontal resistance at 1.2980$ area followed by 1.3080$ area. Being Short is favorable with stop loss above 1.3080$. Target should be around 1.2640$ , you can book some profits at 1.2780$.

Gbpusd has reversed sharply from the level of 1.3290$ area as I recommended in my earlier analysis today . I see a rebound from current trading area at 1.3175$ . Your target should be around 1.3240$ My recommendation is going long gbp against usd at current area cautiously.

The pair has topped at 1.3340$ this week after a rally from 1.2960$ area. The pair is currently trading at 1.3250$ . 61.8% fibonnaci of the move lies at almost 1.3110$. A break below 1.3080$ will reverse the bullish trend for gbpusd Main catalyst for the day will be non farm payroll data release. Rsi : the pair is almost trading in a trending channel , might be good to buy around 1.3220$ Target would be 1.3290$. My Recommendation : sell gbpusd anywhere near 1.3290$ with stoploaa on break of 1.3350$

Gbpusd rallied as i predicted in my last analysis for the pair. However , i see profit taking at this area as long as it is unable to break above 1.3120$ .

Gbpusd has fallen sharply , almost 400 pips from year highs near 1.32$ , the pair is currently trading at 1.2790$ area and is showing signs for recovery soon. The pair is trending higher on RSI while trending lower on the chart , this is bullish divergence on the 4h chart. Plus this horizontal area is a tough support for the pair which is very tough to break and a break below will be a catalyst for further speedy sharp fall. I would recommend going long from that area with stop loss on break of 1.2740$ area.

Here is the currencies forecast for 2019 from nordea bank :

Euro fell 100 pips , so is sterling and gold tumbled 10$ to trade currently at 1234$ . brexit news are putting alot of pressure on all currencies against the dollar. Keep selling the euro , sell it anywhere between 1.13$ to 1.1320$ with target 1.1120$ There is a big chance we will have a second EU referendum on brexit.

German foreign minister Maas says on twitter: 1. we must do everything to avoid a hard brexit 2.leaving the European union means leaving the union , no Cherry picking . 3.draft brexit treaty is fair basis for orderly departure of britain from EU. Eur/Usd is currently trading at 1.1380$ area after finding support at 1.1330$ , Also Gbp/Usd rallied from 1.2478$ to 1.2670$ area on back of Theresa may victory last night, the pair is currently trading at 1.2660$ and has tough resistance at 1.2720$ However , Theresa may will not last long . Maybe we will not have brexit at all .

Theresa May will take the leadership challenge today between 16:00 and 18:00 GMT. News of no  confidence vote surfaced today by bbc. Last period has been tough on her and British people as well , who are now confused and not sure about their future in European bloc. Theresay May postponed the vote on brexit deal last Monday and she went to Brussels for more negotiations which was rejected by Donald tusk and Angela Merkel. Gbp/Usd is currently trading at 1.2540$ after falling to 1.2478$ last night. The pair is under alot of pressure with all of this brexit news flow. Next resistance for the pair lies at 1.2580$ , followed by 1.2640 then 1.2720$ . on the downside 1.2510$ will provide support  for the pair followed by 1.2480$ , yesterdays low.

Unemployment data came as expected which shows there is no damaging effect  from brexit and sterling rallied almost 40 pips to 1.2640$ completing the recovery from yesterday's low at 1.2503$ . However the rally stalled at previous strong support , now a strong resistance, 1.2640$ area. The pair is expected to retrace from here to below 1.26$ again. If we break above 1.2660$ , we might reach as far as 1.2720$ You may risk going long from 1.2560$ area with stoploss on 1h candle close below 1.2540$ . Brexit news will remain the main catalyst for sterling moves and market volatility .

Sterling falls more than 100 pips on the news of theresa may heading back to Brussels for the brexit deal.  Sterling was trading at 1.2725$ before the news and now trading at 1.2610$ , a level not seen since June 2017.  Next support for cable lies at 1.2560$ while resistance lies at 1.2640$  Volatility surges ahead of the vote on brexit deal. Take care and you better avoid trading any GBP pairs today

Eurusd will open on a gap at 1.1360$ , closed on friday at 1.1318$ Audusd will open at 0.7375$ , gbpusd at 1.2778$ All up against dollar on the weekend news between trade war cease between united states and china.

Post brexit minister Raab resignation and possible no confidence vote for theresa may , there is a lot of stress on sterling against the us dollar. So what is the price target for #gbpusd? We have only two support areas . first we have 1.2720$ , followed by 1.2540$ ... A price not seen this year so far . Your stop loss should be around 1.2960$, which will be big hurdle/ resistance area for cable to break.

$gblusd fell almost 100 pips on the news and I am sure it will bleeding more pips for the rest of the day... Updates on brexit deal will follow.

This post is for day traders exclusively ; You can buy #gbpusd now with stoploss on 5 min candle close below 1.2837$ , your target should be 1.2856$ , 1.2882$ . You can re- enter again if the pair reaches 1.2880$ and makes a correction to 1.2845$

The pair has reversed sharply from the tough resistance zone at 1.3165$ . I did recommend a short there on my twitter account " @b4borio " . Now , the pair is trading at early 1.30$ , is it going to break? or pull back upwards. what i see here , is we are still in a correction and the pair is going to rally again. So , where do we buy it? Simple as it is on the chart , we have a chance now at this level which corresponds to 78% fibonnaci retracement. you can long the pair from here and you would quit on a close below. Your target would be around 1.3060$ You are free to share your thoughts below in the comments area , also if you have questions , I would definitely like to help.