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

What Happen On February 2009:

Trading Range is between 1.4050 (02 February 2009 Low) to 1.4985 (09 February 2009 High Level). Both are used as:

1. Initial Support - 1.4050

2. Initial Resistance - 1.4985

The move from 1.3500 (2009 year Low and 23 year record Low) is a consolidations from 2.1144 (01 November 2007 record high for GBP/USD)sharply drop and bounce back to met 1.5372 (2009 High Level)on 08th January 2009. Please reffer the Daily Chart attached to get more view on this statement.

So What Next Will Happen On Mach 2009 - Please Dont Belive me:

Yes please don't belive me because this is only my view and my predictions for my student only. For them please use these predictions for your own predictions using all the relevan indicator on H4 chart and M30/M5 and H1 charts.

As I've told on friday 27th Febraury 2009, trading range is between 1.4050 and 1.4660. If breaks any level candle will drop or go further. Fail to do so candle will find Mr. Pivot again at 1.4277 and if break, candle will move further.

But both movement candle fail to break those intial support and resistance. Candle bounce back to Mr. Pivot and move further up but fail to meet my first target at 1.4416 that end at level 1.4363. But Sell area met my first target at 1.4150 and drop until met 1.4109 fail to break my second target at 1.4050 - a different of 59 pips only.

On Daily chart candle stop at 1.4314 area on IBFX chart. Already performed the continuations of the Harami movement as I mention on Friday predictions. So do weekly chart that also performed Harami pattern and look like candle will move furthur up on monday morning and maybe a gap will commenced. The BB are flat and candle on next week will move between middle band.

The nearest Resistance is 1.4660 but if break this level candle will test 1.4985 level. From here it will test 2009 record high at 1.5372.

On H4 chart candle already above Middle of BB and support by the RSI 7 that is on the way to go up. Anyway candle before close at high and suppose next candle must drop first before make a continuations on Bullish move.

So for me let just see what will happen on monday morning when Asia Market open at 07.00 am Malaysia clock. Until then please read all the analysis statement given to you before.

Salam and Allah Hu.

GBP/USD Pair @ 08.00 am (Malaysia)

BUY Area - 1.4297 (My target is 1.4416. Possibility to Break 1.4660).

SELL Area - 1.4257 (My target is 1.4150. After that 1.4050).

Salam and Hi,

What Next For Today :

Trading Range is between 1.4050 to 1.4660.

Please refer to H4 chart at 08.00 am Malaysia Clock. Candle open below middle of BB. RSI 7 is going down. Candle try to test Mr. Pivot at 1.4277 and yesterday Low at 1.4160. If success candle will test Initial support at 1.4050 again.

If fail candle will rebound back to test yesterday high at 1.4382. If success candle will try Initial Resistance at 1.4660.

Anyway please refer to daily chart and weekly chart. Candle yesterday end and left Bullish Harami Pattern and deffinately will reverse up further Late Today. Maybe after 09.00 pm Malaysia Clock or earlier at 04.30 pm.

Until then let see this happen and Good Luck.


Allah Hu.

ps : Congratulations to those who got more than 100 pips yesterday and welcome to the club to all new members.

GBP/USD Pair @ 12.20 pm (Malaysia)

SELL Area - 1.4311 (My target is 1.4178. Then 1.4050)

BUY Area - 1.4351 (My target is 1.4405. Then 1.4487)

Both my Buy and Sell Area met and only sell area met the first target at 1.4250. On Sell area candle stop at 1.4173 amd rebound back this morning.

So what next :


Salam. Allah Hu.

GBP/USD Pair @ 11.20 am (Malaysia)

BUY Area - 1.4501 (my target is 1.4661. Then 1.4750 Area)

SELL Area - 1.4471 (my target is 1.4250. Then 1.4090 Area)

Trading Range is Between 1.4250 to 1.4661.

1. Breaking 1.4250 candle will test 1.4050 and if success candle will drop to 1.3850 area. If fail candle will find back Mr. Pivot at 1.4491.

2. Breaking 1.4661 candle will test 1.4985. If fail candle will find Mr. Pivot again at 1.4991.

Becarefull today on all reversal candle pattern like Mr. Doji and Abandoned baby or Harami. Any big reversal signal candle will drop sharply and please be more discipline.

Until then good luck and be healthy.

Salam ....

Allah Hu.

GBP/USD Pair @ 10.50 am (Malaysia)

BUY Area - 1.4513 ( MY Target is 1.4660. After that 1.4790).

SELL Area - 1.4471 (My target is 1.4300. After that is 1.4194).

Yesterday my Buy Area met at 1.4373 and met my first and second target at 1.4606 and reach as far as 1.4661. After that it rebound to find Mr. Pivot again as aspected (1.4355) after fail to break R2, but only manage to drop at 1.4451.

So what next:

Trading Range is between 1.4090 to 1.4661.

1. If Candle Break 1.4661 today, candle will deffinately test 1.4790 area and may go up furthur to test 1.4985 area.

2. If Break 1.4090 candle will test 1.4050 and may drop at 1.3850. From here it will again test this year Low at 1.3500 within Few Days.

Looks at H4 chart and seems it open on middle line of BB and open on 61.80% of Fibo, candle deffinately will test yesterday high at 1.4661. If open above this level, candle will test purpple MA area. If fail at 1.4661, then candle will perform double top and will drop sharply to find Mr. Pivot at 1.4392.

RSI 7 days is going up and stoch is going up to.

Let see what will happen and please indicate all your relevan indicator.

Until then salam.

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

GBP/USD Pair @ 08.45 am (Malaysia)

Salam....

BUY Area - 1.4373 (my Target is 1.4481. After that 1.4606)

SELL Area = 1.4333 (my Target is 1.4223. After that 1.4114. Then possibility to drop at 1.4050)

Trading Range still maintain at 1.4050 to 1.4606.

1. Breaking 1.4606 - candle will test 1.4985 in few days.

2. Breaking 1.4050 - candle will test 1.3850.

Allah Hu.

GBP/USD Pair @ 11.30 am (Malaysia)

SELL Area - 1.4295 (My target is 1.4090. Next - 1.3850).

BUY Area - 1.4315 (My Target is 1.4450. Next - 1.4606).

Trading Range Still Maintain At 1.4050 to 1.4606.

What Next For Today:

Initial support is at 1.4050 and if break candle will drop sharply at 1.3850. Then possiblility to drop furthur down to 1.3500 next week.

Initial Resistance is at 1.4606 and if break will go furthur up to 1.4985. After that posiblely will test 1.5372 at 2009 High.

Yesterday my Buy area met and candle easyly break my first target at 1.4350 and rebound back after reached 1.4445 to find Mr. Pivot at 1.4211.

Now look at the H4 chart attached for your refferences. Early morning at 8.00 am Malaysia Clock, candle drop furthur and is testing yesterday Low at 1.4090. If happen candle break this level, no doubt candle will drop sharply to test 1.3850. If fail again, candle will rebound back to find Mr. Pivot today at 1.4315.

Let see this happen and please becarefull and be alert on all reversal signal like Harami (Abandoned Baby), Mr. Doji, Inverted Hammer and etc. Until then Good Luck.

Salam and Allah Hu.