Recent movements indicated from the Trading Line
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 followed by an E wave up with the larger B wave. The D wave down has unfolded now and so far is looking good in line with our analysis.
You can also view the current analysis by clicking on this screenshot.
GBPNZD Successful Trade this week.
We also correctly identified a good trade on GBPNZD this week.
For an idea of how our analysis works and to see this trade in action click the following links to watch the following videos.
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The Trading Line Screenshots
Below are the links to the screenshots you might also want to reference as these are referred to in today's Trading Line: