Daily Position

Long gbp/usd 1.6287 stoploss:1.6187 target: 1.6615
Long Eur/USd 1.4717 stoploss:1.4616 Target: 1.5014

Reason: possible wave vounts suggests the beginning of a downward trend on this two pairs with the first of such waves possibly ending today or maybe sometime tomorrow the retracements should take them so levels as indicated before downward movement.

Eur/Usd Analysis

With this pair heading higher for 1.5142 this week combined with the weakening dollar the upside count is still on with the next target region to be at the 1.516-1.52 price region before completion. Dowside movement should be limited by 1.4950 before such rally should take place.
Strategy buy limit Eur/Usd Price:1.4950 stoploss:1.4900 Target: 1.517

Daily Position

Short Eur/Usd Price 1.4968 stoploss: 1.507 Target:1.3775 (Long Term Projection)
Still Holdding recent shorts on Gbp/Usd Aud/Usd and Eur/Usd

Gbp/Usd analysis

Charting shows that the usd index has completed a minor wave 1 of wave 3 today in the hours of 5-6pm Nigerian Time and hence futher upside on the USD is expected to occur next week meanwhilr there should be some retracement before such rally will occur hence we should expect the retracement to be held by 1.6788 before futher downside move below 1.65 region ..
A short term strategy is a buy limit at 1.6604 with stop loss at 1.6564 and targeting 1.6788 and a sell limit at 1.6788 with stop loss at 1.6880 with targets below 1.64

Strategy Buy limit : 1.6604 stoploss:1.6564 Target: 1.6788
Sell Limit: 1.6788 stoploss: 1.688 Target: Below 1.64

Gbp/uSd analysis

The recent counts on theis pair shows the completion of wave 4 at the 1.7043 price region and henc futher move down towards 1.3504 should occur within the next few months.

Daily Posiiton

Aud/Usd short pruce: 0.9310 stoploss: 0.9420 Target:0.8923
Gbp/Usd short price: 1.6810 stoploss:1.6909 Target: 1.57
Eur/Usd short price: 1.4960 stoploss;1.5020 Target: 1.373

Daily Position

Short gbp/usd Price: 1.6730 stoploss: 1.6780 Target: 1.6530-1.6210-1.57(-50 closed)
Short Eur/Usd Price: 1.4964 stoploss: 1.5030 Target : 1.4540-1.3725(still opened)