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The pair has bottomed last week at the area of 0.6660$ and bounced till 0.6810$ area. The pair retraced to test the 23.6% fibonnaci level. Also on the 15min chart , we find it supported by the 200 Moving averages. RSI is trading at 45 level on the 1h chart. I prefer going long at current area of 0.6780$ with target 0.6840$ and stop loss on break below 0.6730$ .this area is the last defense before turning bearish in the short term again. There might also be a chance of very good support at 61.8% fibonnaci level and horizontal support as well at 0.6750$ area. Pick up any of these two entries , with your target at 0.6840$ and stoploss on 1h candle close below 0.6730$ .

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.

Eur/usd made a daily high of 1.1410$ . Today's low at 1.1350$ area and the pair is currently trading at 1.1385$ area. The pair is currently testing 50% fibonnaci retracement level from the move(1.1410 to 1.1350$) .. A break above 1.14$ will resume a bullish movement. The pair is trending lower on the RSI indicator. My recommendation : selling the pair at current area 1.1385$ with stop loss on break of 1.14$ and your target should be around 1.1330$ area.

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$

it is 50% fibonnaci from the lows to recent highs. Also RSI shows some trending higher and might find support on third test. there is horizontal support at this area. stop-loss should be on break below 1.1275$

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.

Theresa May's plan has been rejected by a historical vote which was a record , 432 rejected the deal against 202 MPs. She admitted the loss , but apparently , she is not resigning . She has the delusion that she is defending the brexit vote . A second referendum is imminent or we may be blocked by a no-deal brexit which no one wants. May hasd spent months negotiating with the EU , that rejected deal and now there is a movement led by jeremy corbyn to oust her using the no-confidence vote. GBP/USD , however is still holding around the 1.28$ figure , it fell sharply before the announcement of the vote results but soon , it reversed sharply reaching 1.2890$ area. Now the pair is trading around 1.2850$ with next and critical support at 1.2820$ marked by the orange horizontal line. Buy anywhere near that area and hold. The pair is still volatile though and you should be careful and quit in case we close any 1 hour below that area around 1.2820$.