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Is the GBPUSD good news or bad news for you? We are waking up this morning with is at its lowest level since mid 2010

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GBPUSD collapses to lowest point for over 8 months following this morning’s economic news in the UK and it’s still falling…. Click here to read story  

GBPUSD hits low at 1.5437 but bearish conditions continue and weakness expected to take it lower

It looks like the year long uptrend on USDCHF is a large weekly / monthly chart correction. The price will be running into strong overhead resistance in the not too distant future and the wave count is indicative of a turnover, back to … Continue reading →

On 25th July 2012 we called the Low on the EURUSD on our Daily Trading Line analysis video (Daily Trading Line Analysis Video 25th July 2012). As predicted we are now seeing the retracement happening on EURUSD in line with … Continue reading →

3rd Bounce in Cable Channel likely to be confirmed shortly…

GBPUSD Movement currently happening… Our Trading Line continues to identify the big swings in the market. We are currently watching an important movement on Cable, currently in a B wave ‘triangle/channel’ correction whilst we were anticipating a D wave down … Continue reading →

FX Professional’s Daily Analysis Service now updated via Facebook To receive trading tips, webinars, daily analysis and key market updates please visit our facebook page by clicking here where we will be regularly posting valuable information for our community of traders. Please … Continue reading →

Forex Trading Webinar this Sunday at 9pm. New Time for Weekly Webinars Due to popular request we have moved the weekly webinars to Sunday evening at 9pm which will give more of our members the opportunity to attend them. The … Continue reading →