GBP/USD outlook

Quoting Ill-b-back

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USD/CHF still well below 1st monthly fib resistance. After the breakout of the rough diamond reversal pattern at the top, we have closed this month (just) below the 38.2 descending fib retrace, with 2 PA/Fib support targets below. {image} {image} {image}

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Quoting Ill-b-back

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If Kiwi pulls back to "C" area support or even a little Deeper, I'll watch for PA reasons to possibly go long to "D" {image} {image}

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Quoting Ill-b-back

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Euro could be bullish too {image}

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Quoting Ill-b-back

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EG: Starting Feb last year, we began coming back down from the 50 fib resistance area. Still waiting to see if it retests the weekly breakout around 8060 before seeing if it will continue down to the significant descending 61.8 fib/PA support {image} {image} {image}

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Quoting Ill-b-back

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{quote} And this of course has me looking again at my sell the rally EG analysis. Hmmmm, a sneaky SOB with that long bearish weekly candle {image} {image}

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Quoting Ill-b-back

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{quote} With a potential target {image}

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Quoting Ill-b-back

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{quote} I think we can get to 8163 resistance area first. I should have been an architect... {image}

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Quoting Ill-b-back

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{quote} I think we can get to 8163 resistance area first. I should have been an architect... {image}

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Quoting albchr

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{quote} {image}

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Quoting Ill-b-back

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{quote} oh Crikey man, I see you Gann all crazy on me.. You should know you can't put all your support beams running in symmetrical zig zags like that, it all comes pan caking down lol... Nice to see you Chris, how's the weekend going?

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Quoting RussJ

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Is anyone on here very good with metatrader installing things etc... I have pivots in one meta trader platform... I want to also get those pivots put somehow in another metatrader platform and have no idea how etc. Anyone know exactly how would be fab

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Quoting albchr

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{quote} ... I just couldn't resist brother... lol ... It's going well my friend and yours? Here's a couple nice horizontal support beams for ya. Of course, it's weekly so lots of bouncing on the way. A key triple fib broken and resistance above as I see it. Could be wrong of course. Politicians and talking heads can do that to ya. EG - Weekly {image}

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Quoting Ill-b-back

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{quote} Hi Chris, yeah the horizontals will keep things together. I have the same EG outlook initially then I saw my contra indicator "friends" over in the news section telling us to sell Euro rallies, so I decided to take a 2nd look at my chart as I had the same analysis. I always get nervous when my analysis matches theirs as you know, so what can I do? Cheers mate, off to work, enjoy your pip filled week

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Quoting albchr

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{quote} I hear ya mate. I don't even go there anymore. I figure they're one of 3 things. 1) Totally confused themselves 2) Meant to keep the heard totally confused 3) Confusing the heard because they're totally confused themselves. I know it's confusing but..... ... lol Have a great day!

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