GBP/USD – this pair has retraces but the uptrend is still strong, we expect it to go back to 1.6290 and break it, look for a buy signal in the main session.
GBP/NZD – strong uptrend set buy alarm at 1.9970, a lot of upside potential past here
EUR/GBP – strong long term down trend set sell alarm at 0.8125, plenty of potential below there
GBP/AUD – strong uptrend set buy alarm at 1.5725, it has some resistance points past this price but we like the trend
GBP/CHF – strong uptrend set buy alarm at 1.4790 or just look for a buy signal in the main session, strong upside potential
When the price alarms hit verify any buy or sell entries with The Forex Heatmap ™ and look for GBP strength or cross currency weakness or both.
Good Trading
Mark Mc Donnell www.forexearlywarning.com
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