{"id":1375,"date":"2019-11-17T23:55:50","date_gmt":"2019-11-17T23:55:50","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1375"},"modified":"2019-11-18T08:21:02","modified_gmt":"2019-11-18T08:21:02","slug":"gbpusd-for-18-11-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/11\/17\/gbpusd-for-18-11-2019\/","title":{"rendered":"GBPUSD for 18\/11\/2019"},"content":{"rendered":"\n

#Brent #DAX <\/strong>The saga of Sterling against the Dollar #GBPUSD must surely deserve a country music song. Or perhaps some Blues music. The pairing had reached the point where reversal to parity appeared destined, a mood which lasted an entire session at the start of September. Then it changed direction faster than UK political policies when viewed against opinion polls.<\/p>\n\n\n\n

Before embracing optimism for the future, it looks \nworth pointing out the danger if this pairing wanders below Blue on the chart \nanytime now. Generally speaking, this will be a dreadfully dangerous signal, \ntaking the pair back into a region where severe reversal to parity once again \nbecomes probable, extremely probable. Blue is presently around 1.26, dipping to \naround 1.25 by the end of this year. When a price breaks above a down trend, \nthen retreats again below, a loss of confidence usually occurs pretty quickly \nthereafter.<\/p>\n\n\n\n

For now, we shall pretend faith in Sterlings potential \nfor the future as above 1.30 should now bring recovery to an initial 1.314, \nsufficient profit to enjoy air conditioned luxury in Pizza Express. Above 1.31 \nand we’re supposed to accept the potential of ongoing longer term recovery \ntoward 1.35 in the future, an outcome with a considerable question mark due to \nthe ruling downtrend from 2014.<\/p>\n\n\n\n

At present, the pairing needs above 1.32 to beat this \ndowntrend and make the potential of 1.35 real. We have doubts for a multiplicity \nof reasons, not least being the glass ceiling at 1.335 thanks to movements since \nmid 2016 and The Brexit vote. Since then, the relationship appears to be \npivoting above and below this horizontal trend line with more time spent below, \ncasting considerable doubt on its future potentials.<\/p>\n\n\n\n

In plain English, the pairing only deserves real \noptimism if above 1.335, something which currently looks unlikely.<\/p>\n\n\n\n

\"Hey,<\/figure>\n\n\n\n\n
\n\t

Time Issued<\/font><\/td>

\n\t

Market<\/font><\/td>

\n\t

Price At Issue<\/font><\/td>

\n\t

Short Entry<\/font><\/td>

\n\t

Fast Exit<\/font><\/td>

\n\t

Slow Exit<\/font><\/td>

\n\t

Stop<\/font><\/td>

\n\t

Long Entry<\/font><\/td>

\n\t

Fast Exit<\/font><\/td>

\n\t

Slow Exit<\/font><\/td>

\n\t

Stop<\/font><\/td>

\n\t

Prior<\/font><\/td> <\/TR>\nFUTURES<\/font><\/a>

\n\t

10:14:53PM<\/font><\/td>

\n\t

BRENT<\/font><\/td>

\n\t

63<\/font><\/td>

\n\t

61.25<\/font><\/td>

\n\t

60.97<\/font><\/td>

\n\t

60.23<\/font><\/td>

\n\t

62.38<\/font><\/td>

\n\t

63.19<\/font><\/td>

\n\t

63.875<\/font><\/td>

\n\t

64.75<\/font><\/td>

\n\t

61.69<\/font><\/td>

\n\t

Shambles<\/font><\/td> <\/TR>\n

\n\t

10:17:02PM<\/font><\/td>

\n\t

GOLD<\/font><\/td>

\n\t

1468.6<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

<\/td> <\/TR>\n

\n\t

10:19:05PM<\/font><\/td>

\n\t

FTSE<\/font><\/td>

\n\t

7314.61<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n

\n\t

10:24:28PM<\/font><\/td>

\n\t

FRANCE<\/font><\/td>

\n\t

5937.2<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n

\n\t

10:26:31PM<\/font><\/td>

\n\t

GERMANY<\/font><\/td>

\n\t

13241<\/font><\/td>

\n\t

13170<\/font><\/td>

\n\t

13145.5<\/font><\/td>

\n\t

13100<\/font><\/td>

\n\t

13246<\/font><\/td>

\n\t

13266<\/font><\/td>

\n\t

13294<\/font><\/td>

\n\t

13340<\/font><\/td>

\n\t

13171<\/font><\/td>

\n\t

<\/td> <\/TR>\n

\n\t

10:28:54PM<\/font><\/td>

\n\t

US500<\/font><\/td>

\n\t

3119.67<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n

\n\t

10:33:27PM<\/font><\/td>

\n\t

DOW<\/font><\/td>

\n\t

27998.8<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n

\n\t

10:35:20PM<\/font><\/td>

\n\t

NASDAQ<\/font><\/td>

\n\t

8315.74<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n

\n\t

10:38:22PM<\/font><\/td>

\n\t

JAPAN<\/font><\/td>

\n\t

23360<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n\n<\/TABLE>\n\n

 <\/p>\n

 <\/p>\n

15\/11\/2019 FTSE Closed at 7302 points. Change of 0.14%. Total value traded through LSE was: \u00a3 5,038,024,383 a change of -3.76%<\/h><\/p>\n
14\/11\/2019 FTSE Closed at 7292 points. Change of -0.8%. Total value traded through LSE was: \u00a3 5,234,690,954 a change of -2.01%<\/h><\/p>\n
13\/11\/2019 FTSE Closed at 7351 points. Change of -0.19%. Total value traded through LSE was: \u00a3 5,342,219,099 a change of -6.91%<\/h><\/p>\n
12\/11\/2019 FTSE Closed at 7365 points. Change of 0.5%. Total value traded through LSE was: \u00a3 5,738,598,465 a change of -2.15%<\/h><\/p>\n
11\/11\/2019 FTSE Closed at 7328 points. Change of -0.42%. Total value traded through LSE was: \u00a3 5,864,681,253 a change of 22.23%<\/h><\/p>\n
8\/11\/2019 FTSE Closed at 7359 points. Change of -0.63%. Total value traded through LSE was: \u00a3 4,798,106,379 a change of -22.57%<\/h><\/p>\n
7\/11\/2019 FTSE Closed at 7406 points. Change of 0.14%. Total value traded through LSE was: \u00a3 6,196,615,818 a change of 30.74%<\/h><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

#Brent #DAX The saga of Sterling against the Dollar #GBPUSD must surely deserve a country music song. Or perhaps some Blues music. The pairing had reached the point where reversal to parity appeared destined, a mood which lasted an entire session at the start of September. Then it changed direction faster than UK political policies … <\/p>\n

Continue reading “GBPUSD for 18\/11\/2019”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1377,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1375"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1375\/revisions"}],"predecessor-version":[{"id":1376,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1375\/revisions\/1376"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media\/1377"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1375"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}