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GBP/USD AFTERNOON ANALYSIS

AUD/CAD 1.00744 00:40 21.02
EUR/USD 1.06062 00:30 21.02
NZD/USD 0.71666 00:30 21.02
AUD/CAD 1.00763 00:20 21.02
BitCoin/CNY 7290.305 00:00 21.02
AUD/NZD 1.07178 00:00 21.02
NZD/USD 0.71742 00:00 21.02
EUR/AUD 1.37969 00:00 21.02
CAD/JPY 86.436 00:00 21.02
NZD/JPY 81.265 00:00 21.02
AUD/USD 0.76895 00:00 21.02
AUD/JPY 87.098 00:00 21.02
GBP/JPY 141.280 00:00 21.02
EUR/JPY 120.171 00:00 21.02
USD/JPY 113.272 00:00 21.02
EUR/USD 1.06089 00:00 21.02
NZD/JPY 81.332 23:30 20.02
AUD/USD 0.76855 23:30 20.02
AUD/JPY 87.028 23:30 20.02
EUR/JPY 120.162 23:30 20.02
EUR/USD 1.06119 23:30 20.02
USD/JPY 113.238 23:30 20.02
BitCoin/CNY 7186.225 23:00 20.02
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By: Eduardo Castillo
April 17th 2014 14:15pm GMT, London UK
 
GBP/USD
As we have seen so far the trending of the GBP, it is giving us a hint in which makes us believe on a stronger US Dollar and also an appropriate way of making a double down trading, as we observe the GBP falls and heads 1.6770 the opportunity for the US Dollar followers to start taking the long term positions for more than one week has started now; in order to let the asset reach the level and then wait for the correction and resuming trend that we would expect in about 4-7 days from now. Also we have to remember that there is a gap formation to the correction of the GBP/USD that has to be reached to achieve from 1.68125 to 1.68160.

GBPUSD with binary options 17-4-2014

U.S. Initial Jobless Claims rose 2000 Last Week, to 304,000, now this tells us that the economy of the U.S. is weaker than it seems, also the reports received on the Housing Stats, showed a change on the asset and correction levels. When trading with Binary Options, we have a dual opportunity in the market as we can place downtrends on mid-term (End of Day) and long term Calls for more than a week. Push with trending on the GBP/USD and get as much profit as possible by opening positions for an hour and above during this trading session according to the trend of the asset that is shown on a 15 time frame chart.

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Adam Stone
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Adam Stone

As COO of GOptions, my first and foremost goal is to provide traders with the most up to date info from the markets. I have been trading the markets since 2004 and have been involved with stocks, binary options, and forex trading since then. I have had no formal market education and pride myself on a self taught approach to everything related to trading. I try to focus though on both the technical and fundamental aspects related to each trading day and bring forward the most important aspects of risk/reward in the market.
Adam Stone
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