Gbp/Usd Analysis

**Michael Howard** · 21-04-16, 16:48

Trading on GBP/USD can be seriously risky if we’re not aware of the trend properly since there is no sighting here and if one gets it wrong it can go to fair distance that way. I always prefer to trade on long term style with this pair but of course with huge money management connected, it’s just impossible for anyone to succeed. I am finding money management so much easier to do thanks to OctaFX broker with their 50% bonus on deposit offer, it’s huge given we can also use it for trading and makes things so much better to do for all and that’s really what allows me to succeed and perform the way I am able to do at the moment.

**Williams Taylor** · 11-06-16, 19:47

GBP/USD started in neutral trend during the week, but found the range due to the events and went sliding down towards 1.425, it’s likely to continue this way, but we can expect 30-40 pips recovery at some stage at start of the week.

**Williams Taylor** · 14-07-16, 17:36

It seems a good time for entry on GU for short trade with stop loss start around 1.3490, it could be a lottery trade with major event lined up that’s likely to push the pair down, but there is still profit taking going on which is pulling up, but might be just temporary.

**Williams Taylor** · 28-08-16, 16:23

GBP/USD was neutral this week with pair testing 1.33 levels before zooming down to 1.3140 with Yellen speech, it’s likely we may see the trend continuing in same lines over the coming weeks with more push downwards, it’s good chance to enter if there is any pull backs.

**Williams Taylor** · 04-09-16, 16:38

GBP/USD went up the barrel with NFP data not been great, it took the pair towards 1.33 level and it’s likely that we may see the pair taking more weights during the week, but we are certain that the pair is soon going to target 1.30 level again.