British Pound Update
Taking another look at the British Pound.
On May 8, I produced a video which gave a detailed analysis of the British pound (GBP) versus the US dollar (USD). At that time I expected the British Pound to continue its gains against the US dollar. In today's video I will revisit GBP/USD cross to see just what has happened to this market.
I strongly recommend you
take a look at my earlier video. Here is the link before watching our new video.
the videos are free to watch and there's no need to register. I would love to get your feedback about this video and your own predictions about this market on our blog.
All the best,
Today Sterling moved over the key 1.50 level in interbank trading. We have been waiting for this to happen (see our video).
It appears that this market is headed higher against the dollar.
Watch this video again for target levels.
We haven't looked at the British Pound (GBP) lately, as it has been in its major swing to the downside. The question is, is the British pound ready for a comeback?
In our new video, I delve into the depths of the British Pound, and take you step-by-step into my thought process and why we're looking at this market right now.
Continue reading "FOREX... is the British pound making a reversal?"