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- rgitt05 replied Mar 7, 2009
Will GU history repeat again? — Weekly chart is painting a clear picture that the bearish trend may not be over yet... Wait and see...

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 7, 2009
If the PA volume increase near the 135.00 support than maybe it is time to let go the married long swing..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 7, 2009
Your welcome pkimnyc.. Enjoying your charts..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 7, 2009
Will the H & S formation playout? — Based on my 4hr chart, 141.50 resistance is holding. The bad news released over the weekend about GU may put the bears back to test the lows again.. However, the H & S formation looks set for playout for ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 7, 2009
Bearish mode is coming if the 135.00 support zone breaks — Based on my 4hr and weekly chart, the 141.50 resistance zone rejected several times indicating a bearish mode is in place for a reversal .. If the 135.00 support breaks than a new low ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 7, 2009
Hi Godfrey, Here is a link that you may want to post your GU analysis. url url
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 7, 2009
Here is link for other POV where GU may go this week. url
Cable Update (GBPUSD)
- rgitt05 replied Mar 7, 2009
This news may help push the GU and GY down this weekend.. Gap down? url
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 7, 2009
Update.. I drew my charts again, and I see 1.3700-1.3750 as the possible reversal... This is my last call for this swing trade.. LOL
The WoRmHoLe
- rgitt05 replied Mar 7, 2009
Different perspective of the charts is what make forex so much fun. IMHO,all the major fundamentals are out for March, and I feel the PA is exhausted overall in the bearish mode.. There maybe another run toward the lows, and I have my fibs in the ...
The WoRmHoLe
- rgitt05 replied Mar 7, 2009
Swing trade forecast for GU — Hi Worm, My point of view long term for GU is simple.. I use fibs,S/R, and PA...Also, Fundamentals. On my daily chart, I have the 1.3750-1.3800 as my support zone for a Possible Reversal based on the 76.8 fibs. ...
The WoRmHoLe
- rgitt05 replied Mar 2, 2009
Updated daily GU chart — My chart have 1.3850 zone as my TP before a reversal based on 76.8% retracement from the high of 1.4985. Good Luck..

Cable Update (GBPUSD)
- rgitt05 replied Mar 2, 2009
I hope this help.. London is closed and their is no more news to move this further down pass 1.3900 zone unless some BS news from the feds..
Cable Update (GBPUSD)
- rgitt05 replied Mar 2, 2009
Maybe early thursday morning before the NY opening since the rate decision is due that day.. PA may rebound from this 1.3900 area(76.8 retracement zone) and consolidate to the upper TL on the daily chart.. Unless Obama start bailing out more ...
Cable Update (GBPUSD)
- rgitt05 replied Mar 2, 2009
Approaching the 135.00 zone daily chart — The 135.00 zone is the critical zone for reversal or continuation downtrend toward a new low

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Mar 2, 2009
Daily Chart — I have my Tp at the 1.3900 on the daily chart...

Cable Update (GBPUSD)
- rgitt05 replied Mar 2, 2009
It looks like the PA will test the 76.8% 138.50 zone) retracement on the 4hr chart. Good Luck.
Cable Update (GBPUSD)