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Allah Hu.

GBP/USD Pair Next Week - My Predictions !!!

What Happen On Friday:

As aspected on friday :

Candle open below pivot and drop but fail to break S1 at 1.4186 and performed spining top candle for reverse signal. After that candle break Mr. Pivot and goes further up to break R1 at 1.4358 and break 1.4508 Level but close at 1.4493 price - below the 1.4500 level.

Let look at the H4 chart and candle end at close high patern and already break top of BB line. It supposed to go back inside the BB area but stop outside the BB area.

Looks at the RSI 7 - already get flat patern and no sign that the RSI have enought strange to goes up. But ATR happen to goes down and Marker Switcher is already on Maximum strange.

I aspects next week start on Monday, the candle will move to enter back the BB area and may performed down candle to find Mr. Pivot at the first place. My reason is:

1. Candle Close on High Close Patern - as usual must perform down candle on next move. So do candle on weekly chart - just see ok.

2. Candle already outside BB - as usual must get in the the BB cage and will definately find Mr. Pivot again or middle line.

3. On daily chart - candle already met middle of BB and was block by upper channel line.

4. RSI 7 already on over bought area and in weak strange - must drop back.

5. Candle fail to break the R2 area and close below 1.4500 area. As usual will drop back to find Mr. Pivot again to test last support at 1.4109 area.

If all this happen and candle brake on monday Pivot point, the candle will try to break last week low at 1.3541 level. Until then let see this happen or not. If not happen the candle will try to break 1.4600 area. I've repeated if this not happen the candle will find further up to 1.4600 area.

PLEASE DONT BELIVE ME. Good luck to you and happy holiday for all FT worker.

ALLAH HU. SAVE PALESTINE MEAN SAVE THE MUSLIM WORLD FOR ALLAH.

This is only my predictions and please don't belive me. Let see what will happen next week.

STATEMENT FROM DAILYFX:

British Pound Outlook Hinges on BOE Rate Decision, Policy Statement

Fundamental Outlook for British Pound: Bearish

- GfK consumer confidence tumbled to a 6-month low, savings intentions plunged to record low
- British pound benefited from surprise rise in UK mortgage approvals, Barclays news
- BOE MPC Member Blanchflower issues dovish comments, says BOE should cut rates “further and quickly”

The British pound was the strongest of all the majors last week, as the currency trades in a highly speculative manner and attempts to recoup the massive losses accumulated between October 2008 and January 2009. However, with both Credit Suisse overnight index swaps and a Bloomberg News poll reflecting expectations that the Bank of England will cut rates by another 50 basis points at 7:00 ET on Thursday to a new record low of 1 percent, it’s worth wondering how far this British pound rally can extend.

There are few doubts that the BOE will at least consider slashing rates again since the UK remains in a deep recession and officials anticipate that things will only get worse. In fact, BOE Monetary Policy Committee Member David Blanchflower, who is easily the most outspoken and dovish member on the Committee, said on January 29 that the UK economy may face a recession worse than that of the one in the 1980’s and that the Bank Rate needs to be cut “further and quickly.” Furthermore, he said that the MPC has considered their options in the case that the Bank Rate is cut to zero, which was quite timely comment when you consider that Chancellor of the Exchequer Alistair Darling gave the BOE permission today to buy 50 billion pounds worth of bond and commercial paper in order to alleviate tight credit conditions. Overall, this leaves the odds in favor of year another rate cut by the BOE on February 5, but the reaction of the British pound may depend on what sort of bias is reflected in the Monetary Policy Committee’s subsequent statement. As we saw with the reaction of GBP/USD to the BOE’s last rate cut, rallies in the pair are possible if the MPC leaves no indications that they will cut rates further. On the other hand, suggestions that the markets are correct to price in additional reductions could send the British pound the way of the New Zealand dollar following the RBNZ’s rate decision on January 28: down. – TB


ps - This is for Educations Purpose Only for me and to all my friends. I'm not responsible on all my preditions and if you choose to follow me it up to you. Your money is your responsible not me. All the relevan indicator I've used from my experienced trading in 3 years and on all my forex courses that I've attended. Few people enquiry that I used thier Indicator for my forex clases. It up to you to think it man, I've paid all the relevan fees and the knowledge is mine after I attended your courses. Most of them are from my reading sources that I've got it from the Internet. Allah Hu.

30th January 2009 @ 11.00 am (Malaysia) - GBP/USD Pair

SELL Area - 1.4231 - ( my target is at 1.4050 after that 1.3950)

BUY Area - 1.4271 - ( my target is at 1.4471)

As predicted yesterday both SELL (1.4221) and BUY Area (1.4261) met handsomely and beautifully. Sell area fail to break my target (1.4025) and close at 1.4071 (different of 46 pip) so it rebound back to find Mr. Pivot as aspected. Buy area also fail to met my target (1.4450) and drop back to find Mr. Pivot (different of 39 pips).

Let see H4 chart - on Sell positions yesterday morning candle try to break middle line of BB. Then rebound and cross sharply Mr. Pivot and MA white colour. But was stop by MA Brown Colour as aspected before. From there it try to break middle line of BB and was stop again today by MA white colour and middle line of BB again. If next candle it fail to break the white colour line, the candle suppose to rebound at yesterday high at 1.4411 area and if it break the candle will go further up to test 1.4600 area at MA Yellow colour.

But if it penetrade the white colour line, the candle will drop deeper to try yesterday low at 1.4071 and will test 1.3900 to 1.3700 area again.

Let see this happen my friends. Until then Good Luck.

Allah Hu. Palestine for peace world. Make 2009 no war year - stop the killing. Stop Zionis - baby killer.

ps - This is for Educations Purpose Only for me and to all my friends. I'm not responsible on all my preditions and if you choose to follow me it up to you. Your money is your responsible not me. All the relevan indicator I've used from my experienced trading in 3 years and on all my forex courses that I"ve attended. Few people enquiry that I used thier Indicator for my forex clases. It up to you to think it man, I've paid all the relevan fees and the knowledge is mine after I attended your courses. Most of them are from my reading sources that I've got it from the Internet. Allah Hu.

29th January 2009 @ 11.55 am (Malaysia) - GBP/USD Pair

SELL Area - 1.4221 ( My target is 1.4025 and after that 1.3850)

Salam.

Yesterday all may first and second target met handsomely as Hazwan he is. As I've predicted yesterday, if the candle fail to break the 1.4430 level, it may find back Mr. pivot again. At 3.00 am (Malaysia Clock) the US announced that thier rate maintain at 0.25%, the candle without shy when to meet Mr. Pivot. Today the candle when deeper to meet my target on Sell area - 1.4025. If the candle break this level the candle will drop more further to meet my second target at 1.3850 area.

Let see this happen today my friends. After that no doubt the candle posiblely will find 2009 Low at 1.3500 again in Few Day and try to make new low at 1.4300 level.

Let see the H4 chart and look at the Yellow Line - the candle open below the Yellow line and the candle when deeper to find middle line of BB. If next candle break this line and open below BB, the candle will beautifully as Ms. Misha drop to find monday Low.

But if the candle fail to break 1.4000 level the candle will when back to meet Mr. Pivot again.

Until then let confirm our indicator and please be more discipline as usual.

BUY Area - 1.4261 ( My target is 1.4450 - if break this level the candle will go further up to 1.4650 Level in few days)

Good Luck. Allah Hu.

ps - This is for Educations Purpose Only for me and to all my friends. I'm not responsible on all my preditions and if you choose to follow me it up to you. Your money is your responsible not me. All the relevan indicator I've used from my experienced trading in 3 years and on all my forex courses that I"ve attended. Few people enquiry that I used thier Indicator for my forex clases. It up to you to think it man, I've paid all the relevan fees and the knowledge is mine after I attended your courses. Most of them are from my reading sources that I've got it from the Internet. Allah Hu.

28 January 2009 @ 11.00 am (Malaysia) - GBP/USD Pair

BUY Area - 4.137 (My target is 1.4250 after that at 4.4350)

As aspected yesterday GBP/USD reached my target at 1.4200 area and stop at 1.4240. This consolidations may continues if it break 1.4250 and from here the market will try to break 1.4400 area. If this happen in few days then the candle will try to break 1.4600 area. From here if it fail the candle already completed the consolidations and will when back to find the pivot point again at 1.4117.

From the H4 chart candle already open on the white MA colour. If it penetrate the MA Yelow colour the candle may go further at 1.4430 point. Fail to do so the candle will when back to meet Mr. Pivot again. Let see this happen my friends. InsyaAllah.

SELL Area - 1.4097 (My target is 1.3850)

Initial support is at 1.4025 and 1.3850. If break this 2 point the candle may drop deeper to 1.3500 area in few days.

InsyaAllah.

Allah Hu.

ps - This is for Educations Purpose Only for me and to all my friends. I'm not responsible on all my preditions and if you choose to follow me it up to you. Your money is your responsible not me. All the indicator relevan is use from my experienced trading in 3 years and on all my forex courses that I attended. Few people enquiry that I used thier Indicator for my forex clases. It up to you to think it man, I've paid all the relevan fees and the knowledge is mine after I attended your courses. Most of them are from my reading sources that I've got it from the Internet. Allah Hu.

27th January 2009 @ 10.30 am (Malaysia) GBP/USD Pair

BUY Area - 1.3877 (My first target is 1.4150)

SELL Area - 1.3837 (My target is 1.3500)

Yesterday as expected the candle when deeper to break this year Low at 1.3500 but only manage to meet 1.3547. From here without shy GBP/USD rebounded more 500 pip and break the initial resistance at 1.4025 and ended at 1.4064.

Today we expected this consolidations may countinues and the candle may try to break 1.4200 area as I mention on sunday report and if this happen the downtrend from 1.5372 price already accomplished and left the 24 year olds low at 1.3497 only if 1.4350 level break.

If this not happen the candle will try back to make a third try after yesterday move to break the 24 year Low at 1.3497 area to make new Low again at 1.3200 area.

Now look at H4 chart, if the candle penetrate the MA white colour line, the candle may go further up to break the R1 at 1.4171. If not the candle will try to find the Pivot point again at 1.3859. It is possible the candle will move deeper as we predict before. Let see what next my friends. Please refer to all your indicator and be more discipline.

Good Luck.

Allah Hu.

26 January 2009 @ 11.30 am (Malaysia) - GBP/USD Pair

SELL Area - 1.3707 (my target is 1.3500. Then possiblely may go deeper to 1.3200 area)

BUY Area - 1.3750 (my target is 1.4025 then if break 1.4500 area the market will confirm on bullish trend).

As I've told to you on 24th January 2009 here, the market is still Bearish and as we expected there will be a gap today. The candle still in consolidations mood continues from Friday move and try to break the pivot on the first place.

On H4 Chart candle still below red MA line and the market will still BEARISH this morning Malaysian time. Please be aware on all reversal signal and please confirm all m5 and m30 discipline. Without discipline you are a failure trader and please put stop lost for 60 pips and do mathematical plan on loosing positions.

Allah Hu.

ps --- dont bother about the Gap just confirm your indicator before enter positions.