GBPUSD POSS TURN 5-8 Feb 2010
The GBP has been under a lot of pressure lately, however I have a turn in time forecast for the 6th of Feb, which is a Saturday, this would imply that it is either going to turn today 5th or on Monday 8th, I have forecast the possible prive levels that I am looking for a reversal at, once again always use stops. I am hoping that 1.56039 will hold. If the news for NFP is dollar positive, and we get a big GBP sell off, expect the turn to come in on Monday. Reversals on a Friday have a high failure rate. Remember we are trading the market not our analysis. It is always right, I am not.
Tagged as: Currency Trading · forex · Forex Trading · GBPUSD · haranfx.com
I have looked at your analysis on the GBPUSD, and it is nothing short of amazing!!!! How do you do it? I have been trading for 10 years and I have never seen anyone make such good calls.
I would like to learn how you make your predictions, is it possible you would teach me?
Kind regards
Martin Rohn
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