GBP/USD Pair @ 01.00 pm (Malaysia)

Salam and Hi,

Sorry for my late predictions. Today let see the Daily chart and I already found a doji like a dragon fly. That is a very good reverse signal. Furthur more new candle open below middle of BB - that mean at this moment candle may drop down and it mean High To Sell. Please refer all the discipline before you enter your positions.

My sell target today is 1.3926 and possiblely may drop to 1.3850. If break this level candle may drop to 1.3654. Please set your target at least 60 pips today. If you want more please use Trailing Stop to protect your profit. People who set target will gain profit and it is confirm. 60 pips a day x 10 day x $10 = $6000 and it is confirm solid profit. Think about this and dont wait hundred of pips - you will regret later.

Trading range is between 1.3654 to 1.4231. Break 1.4231 candle may test 1.4305. Let see this happen.

ALLAH HU.

GBP/USD Pair @ 11.00 am (Malaysia)

Trading Range is between 1.3654 to 1.4231.

1. BUY Area 1.4101 (MY target is 1.4231. Next is 1.4303. Possiblely may go further up to 1.4600 area).

2. SELL Area 1.4061 (my target is 1.3934. Next is 1.3705).

Allah Hu.

GBP/USD Pair @ 09.50 am (Malaysia)

BUY Area - 1.3991 (Mt Target is 1.4090. Next 1.4151)

SELL Area - 1.3947 (Mr Target is 1.3870. Next 1.3763).

Happy Week End To All My Frens - no predictions today !!!

I rest at home at this moment and maybe tomorrow will be at Bagan Lalang with Dr. Harveen.

Tip From Market Oracle:

GBP rallied to hold the 1.3800 handle after scoring highs at 1.3841 suggesting that the low-volume dip to the 1.3550 area overnight was a bear-trap. Further upside is likely if the rate can score the 1.3900 handle mid-week as the rate is overdue for a short-squeeze in my view.

Rate two-way and recovers after a marginal new low into support overnight. 23 year lows in sight but the rate is attracting bids. Reversal off weekly lows a positive technical but the volume needs to come up and I think the shorts have yet to bail as a group. Likely an upside rally is still in the works but the rate needs to rebound hard to wash-out the shorts again. After yesterday’s action I think both sides will take a break. Traders report stops in-range adding for two-way action. Long-term tech resistance now at 1.5000 area likely to cap near term but stops are building above and the 1.5000 handle is a big psychological number. 23 year lows are very likely to hold on any break with long-term support at 1.3500 area now in play. Two-way action continues suggesting that shorts are aggressively adding and longs are trying to find a bottom. Short squeeze back on the board I think.

GBP/USD Pair @ 08.15 am (Malaysia)

Trading range is between 1.3645 to 1.4305:

BUY Area - 1.3887 (My target is 1.3985. Next target is 1.4090)

SELL Area - 1.3845 (MY target is 1.3780. Next target is 1.3645)

Salam and Hi.....

Yesterday both my Sell and Buy area met. Sell area fail to meet my first target at 1.3653, stop at 1.3698 and rebound to find Mr. Pivot again. My BUY area at 1.3827 met and also met my first target at 1.3955 and stop at 1.3982. After that the price drop back and stop at 1.3908.

So what Next for today :

Looks at H4 chart - there already performed Abandoned Baby pattern. No doubt candle will drop to find Mr. Pivot.

RSI7 is going down so do ATR is already down. Its Bearish at this moment 08.45 am Malaysia. Candle is already back in from outside UL BB.

Good Luck.

ALLAH HU... ALLAH HU... ALLAH HU

TIP from me at 03.10 pm (Malaysia):

salam.... doa umat Islam pada hari jumaat di makbulkan Allah - insyaAllah. Kalau tak pecah 1.4090 petang ini candle akan test 1.3645 hari ini - insyaAllah malam. Kalau gagal test di bawah dia rebound balik cari Mr. Pivot.

GBP/USD Pair @ 06.45 am (Malaysia)

BUY Area - 1.3827 (My target is 1.3955. Second target is 1.4090)

As long as 1.3955 not broken, candle may drop back to test 1.3600 area. If break 1.3955, candle will test 1.4090.

SELL Area - 1.3787 (My target is 1.3653)

Trading Range is between 1.3600 - 1.4305.

Salam and Allah Hu.

ps... busy today because may daughter iqin got her SPM results today. Available after 2.00 pm.

GBP/USD Pair @ 01.15 pm (Malaysia)

SELL Area - Free Fall Today - please use your relevan indicator that mean High To sell Low To Buy. My target is 1.3500 area.

Initial resistance is at 1.4305. As long 1.3950 not broken candle may drop to 1.3600 area and the major support to test is 1.3500.

That mean today is a Bearish day. Let see this happen and please use all the relevan indicator and be more discipline. Good Luck.

Allah Hu.... Allah Hu... Allah Hu.