In addition to the posts shown below, most Daily Update posts include charts and forecasts for the U.S. Dollar Index and Euro futures.

British Pound futures & ETF 2017-07-22

GPB has fallen from what I am calling a 'B' wave high in 2014 to a low early this year and been bouncing in a overlapping move to the present. Since the assumption that this drop is a 'C' wave, it...

British Pound futures and ETF (FXB) 2017-04-24

I think an inflection in the major dollar cross rates is sneaking up on us either this next month or in June. Note: FXB weekly chart added Late last year and early this year we have been looking for...

British Pound: The decline might pause for a few months

If you have been trading the decline in the British Pound, it may be time to take profits. We have been monitoring an expected five-wave structure down from the 2014 high in futures prices, and an important support level at 1.2120 appears to be holding.

British Pound futures and ETF (FXB) 2017-01-25

GBP is bouncing from support and should be entering a corrective formation for several months before attempting a drive to yet another low. I've worked up monthly and weekly charts for both the...

Currencies