GBPUSD (FOREX)

GBPUSD

BRITISH POUND/US DOLLAR

STAY IN CASH

1.2546

Prev.Close

1.2584

Change

-0.0038

Change%

-0.30%

Delayed Intraday Module : ON

BULLISH HARAMI

DATA NOT AVAILABLE

Sold at

1.2637

Open

1.2592

High

1.2601

Low

1.2500

1.2546

Gain%

-0.72%

Signal History

Date	Price	Signal	Change%	AUD100⇨
11-30	1.2637	SELL	-0.7%	102
10-30	1.2158	BUY	+3.9%	98
10-13	1.2151	SHORT	+0.1%	98
10-05	1.2157	BUY	0.0%	99
09-01	1.2650	SHORT	-3.9%	96
08-30	1.2718	BUY	-0.5%	96
08-25	1.2577	SHORT	+1.1%	98
08-15	1.2703	BUY	-1.0%	99
08-09	1.2718	SHORT	-0.1%	100
08-04	1.2748	BUY	-0.2%	100
08-01	1.2785	SHORT	-0.3%	100
07-26	1.2923	BUY	-1.1%	102
07-18	1.3034	SELL	-0.9%	102
07-04	1.2712	BUY	+2.5%	100
06-29	1.2612	SELL	+0.8%	100
06-09	1.2569	BUY	+0.3%	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 30/11/2023, 8 days ago, when the stock price was 1.2637. Since then GBPUSD has fallen by -0.72%.

Market Outlook

The last pattern detected was bullish with positive implications. The overall evidence, however, is saying “Watch Out!” but it is not yet pointing to BUY. The share price is still not above the confirmation level and the signal is suggesting to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is very high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis in order to profit most from the early phase of a bull run.

Pattern Description

This pattern consists of a black body and a small white body that is completely inside the range of the black body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The black candlestick is “the mother” and the small candlestick is “the baby”. more...

Date	Price	Signal	Change%	AUD100⇨
11-30	1.2637	SELL	-0.7%	109
10-30	1.2158	BUY	+3.9%	105
10-13	1.2151	SHORT	+0.1%	106
10-05	1.2157	BUY	0.0%	106
09-01	1.2650	SHORT	-3.9%	103
08-30	1.2718	BUY	-0.5%	104
08-25	1.2577	SHORT	+1.1%	105
08-15	1.2703	BUY	-1.0%	107
08-09	1.2718	SHORT	-0.1%	107
08-04	1.2748	BUY	-0.2%	108
08-01	1.2785	SHORT	-0.3%	108
07-26	1.2923	BUY	-1.1%	109
07-18	1.3034	SELL	-0.9%	110
07-04	1.2712	BUY	+2.5%	107
06-29	1.2612	SELL	+0.8%	107
06-09	1.2569	BUY	+0.3%	107
06-05	1.2437	SHORT	+1.1%	109
05-29	1.2351	BUY	+0.7%	108
05-18	1.2463	SELL	-0.9%	109
04-19	1.2438	BUY	+0.2%	109
04-17	1.2390	SELL	+0.4%	109
03-30	1.2365	BUY	+0.2%	109
03-24	1.2244	SELL	+1.0%	109
03-10	1.1945	BUY	+2.5%	107
02-23	1.2022	SHORT	-0.6%	106
02-21	1.2059	BUY	-0.3%	107
02-03	1.2201	SELL	-1.2%	107
01-06	1.2079	BUY	+1.0%	107
01-05	1.1969	SHORT	+0.9%	108
12-26	1.2060	BUY	-0.8%	109
12-16	1.2153	SELL	-0.8%	109
11-30	1.1975	BUY	+1.5%	108
11-28	1.2053	SELL	-0.6%	108
11-23	1.1905	BUY	+1.2%	107
11-21	1.1846	SELL	+0.5%	107
11-07	1.1395	BUY	+4.0%	103
10-31	1.1529	SELL	-1.2%	104
10-21	1.1286	BUY	+2.2%	102
10-19	1.1243	SELL	+0.4%	102
10-13	1.1124	BUY	+1.1%	101