Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Back

GBP/USD Price Analysis: Bears are moving in and eye the daily Fibos

  • GBP/USD bears are taking control from weekly resistance. 
  • The weekly W-formation is a compelling reversion pattern. 

GBP/USD has started to consolidate on the longer-term time frames which leave the downside exposed for the forthcoming days as per the following analysis of the weekly chart. 

GBP/USD weekly chart

The hourly chart revealed a series of support structures on the way to the W-formation's neckline on the weekly chart above.

GBP/USD H1 chart

On the way to the weekly chart's W-formation's neckline, near 1.3270, the bears first need to breach 1.3380 and then 1.3340 as the daily chart's 23.6% and 38.2% Fibonacci retracements:

GBP/USD daily chart

US Dollar Index defends 96.00 during pre-Christmas dull markets

US Dollar Index (DXY) bears take a breather around the weekly low near 96.00 during Friday’s Asian session. The greenback gauge dropped consecutively
Read more Previous

Gold Price Forecast: XAU/USD portrays Christmas mood above $1,800

Gold (XAU/USD) prices hang in balance around $1,809, after refreshing the week’s high to $1,810 the previous day. In doing so, the yellow metal shows
Read more Next