GBP/USD update

Yes, the Pound is going down. It doesn’t matter that I dont think we posted a Head and Shoulders top there. I must have caused some of you to miss out a neat trade. Guess thats the price of being cautious.



7 Comments

  • eddie

    hi Ramki

    can gold still continue lower without breaching the top of the channel?

  • Ranjit

    Hello Ramki – I am unsure about how to raise a query and hence using this thread. What is your view on BSE Small Cap Index?

    Thanks

  • Hello Ranjit, The BSE Small Cap Index has initial resistance at 8110 and then at 8410.
    I am still bearish and will not recommend buying anything yet.

  • yasser

    Hi Ramki,

    Can you give us an update please on GBP/USD as seen the support 1.6000 is holding well and resistance of 1.6080 is also holding it back.

    Also your update on UAE -Dubai and ADCB in Abu Dhabi is really appreciated, and would look for your view on the US Dollar.

    Thank you so much and sorry for the many requests but it is really impressive and educational reading your analysis.

    Thanks so much

  • Hitesh

    Dear Sir,

    What are the levels to watch now after it hits to 1.578 ? does it will roll back to 1.625?

  • yasser

    Hi Ramki,
    Can you give us an update please on GBP/USD as seen the support 1.6000 is holding well and resistance of 1.6080 is also holding it back.
    Also your update on UAE -Dubai and ADCB in Abu Dhabi is really appreciated, and would look for your view on the US Dollar.

    Thank you so much and sorry for the many requests but it is really impressive and educational reading your analysis.

    Thanks so much

Leave a Reply

Demos

Layout

Wide
Boxed