Tag Archives: GBP/USD
Daily Market Intelligence 10/25/17
Daily Market Intelligence 10-25-17
Midday Missive
British Pounds are breaking down with the Euro gaining on the crosses. IBM has room for another 2 dollars of downside. Dow names and Financials should remain your focus.
Daily Market Intelligence 10/13/17
Daily Market Intelligence 10-13-17
Pattern Alerts
Spu’s… ORL!!! with a close below 2501 Financials BNY,NRTS,RF,SIVB,ZION,WTFC AMP, TRV These names are currently showing ORH patterns. EURO…ORL Canadian Dollar Futures…81.28 is the ORL # GBP/USD..134.68 is the ORL # Gold…ORL … Continue reading
A.M. Look 9/15/17
Spu’s…N.Korea..No one cares. It will take sustained and closing price action under 2488.20 for weakness. GBP/USD…Everybody cares. Rising British rates Pounds are close to its upside target. USD/JPY…is showing a possible ORH month (weaker Yen). It will take sustained … Continue reading
A.M. Look 9/14/17
GBP/USD…have been in rally mode since the BOE release GBP/USD…Monthly EUR/GBP…Daily GBP/JPY…Daily Sterling is making new highs for the week. Last night YRA posited a 136.50 target. The cloud picks this level up as resistance. Watch … Continue reading
A.M. Look 9/11/17
British Pound held onto Friday’s gains and has remained strong against the Gold,EURO & YEN on the crosses. Let the day set up and digest the relief rally.
A.M. Look 9/8/17
USD/JPY and the Dollar Index have reached their objectives. Gold has hit resistance at the same time. Commonwealth currencies (GBP,CAD,AUD,NZD) act well and have room to the upside. Expect a strong close today. EUR/GBP…91.18 is today’s ORL #. Sterling has … Continue reading
Daily Market Intelligence 7/17/17
Daily Market Intelligence 7-17-17
A.M. Look 6/20/17
July (N) Crude expires today. 42.72 is the Feb. Monthly close, which is the low monthly close this year. This is the next level to test. The pattern sell stops are @ 42.01 I doubt anyone will want to take … Continue reading