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Tag Archives: gbp/usd

Cable – The Week Ahead

Posted on 17. Apr, 2011 by Jakob.

Just as on EUR/USD, Cable has not really given us a whole lot of movement throughout the week but did however, maintain a closing price on the weekly chart above 1.6270. The pair closed out for the week at 1.6323 and just as on EUR/USD, the weekly candle gives us an idea of possible downside. Read more... (306 words, 1 image, estimated 1:13 mins reading time)

This is a preview of Cable – The Week Ahead. Read the full post (306 words, 1 image, estimated 1:13 mins reading time)

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Signal for GBP/USD

Posted on 09. Apr, 2009 by Jakob.

Alright people. I will start posting some Forex signals, when I am considering to enter a position. This will be based on different strategies, and most often in a combination of technical and fundamental analysis. However, as I have not really been paying attention to the news today, and I am off on vacation tomorrow, I have not spent any time focusing on upcoming news. So this trade is solely based on a technical analysis. And a rather simple one, I might add. Anyway, I think is has some good potential, if it is played right. Taking a look at the chart below you will see that the GBP/USD pair has been in a range in the last period. This is a 4 hour time frame, and the two red lines seem to line up as pretty good support and resistance lines. At the top we have 1.4779 and the buttom is 1.4581. The pair is currently at 1.4670. Read more... (451 words, 1 image, estimated 1:48 mins reading time)

This is a preview of Signal for GBP/USD. Read the full post (451 words, 1 image, estimated 1:48 mins reading time)