Good morning to everyone,

we are together again for a new contest for a new month

This month, I am starting with GBP/USD. Below you may see may graphics used in analysis.

First, we start with yearly analysis:
As you may see from the graphic below, GBPUSD is looking for annual resistance levels for 2017. So, we expect an irregular raise (upward movement) towards 1.3180 and higher.



























Next, we look for Quarterly analysis. See the graphics below.
GBP/USD is sitting on top of quarterly support levels. If they holds, our annual target is on radar.



Monthly analysis for february: It seems that price has been squeezed and preparing for a reaction.
The graphics below says that direction of reaction is upward.































Finally, we are checking our weekly graphics:
Weekly graphics also tells that everything is okay till 1.2750-1.28 zone.

Translate to English Show original