Rpchost

Rpchost.com 2008/1/24 - 14:00 PM (EST)

GBP/USD began his UP trend at 24/1 at 6:00 am (H4 chart). I see the GBPUSD in a strong trend and it will stay like that I can't predict the turning point but when it begin turning I will post an entry. I recommend not to Sell GBP/USD except if there is an important News release report (I will watch the US Interest Rate statement it will have great impact).

Joe Chalhoub

Rpchost.com 2008/1/30 - 2:00 AM (EST)

Today we will have good number of reports which will be released and today we will see currencies having big moves. Visitors can access the "Free Forex Signals" section in the website or access the Fundamental topic in this forum and have a list of reports which we will trade. I advise traders to focus on the US Interest Rate Statement report and trade it with us in the "Free Forex Signals" room because it will be a confirmation of the UP trend and we will see GBP/USD and EUR/USD breaking levels or it will be a turning point for many currencies.

Joe Chalhoub

Rpchost.com 2008/2/4 - 14:00 PM (EST)

The Revision of the NonFarm Payroll came better then expected and push GBP/USD down, what I

am sure of ; GBPUSD will go down for the next few H4 candles before it takes the

decision of continuing its down trend since [2007/11/9] or continue its UP break

[2008/1/25].

Rpchost.com 2008/2/4 - 11:00 AM (EST)

The Revision of the NonFarm Payroll came better then expected and push GBP/USD down, what I

am sure of ; GBPUSD will go down for the next few H4 candles before it takes the

decision of continuing its down trend since [2007/11/9] or continue its UP break

[2008/1/25].

Rpchost.com 2008/2/8 - 7:00 AM (EST)

GBP/USD entered a downtrend and I think it will stay all day (today friday) around the support break line and test it, I think from now till monday morning we will see the price play between 1.9520 and 1.9387. I will not take any position for today and wait till monday and see if there will be worthy reports which will push GBP/USD.

I see GBP/USD will not trend, I see it will range during the next few hours, you can see the Economic Calendar and check the economic data of GBP/USD, there is some conflicts which affect it and put some pressure on it until it breaks some levels, maybe at 10:00 am or 11:30 am it will be some reports release maybe it will help pushing the currency up or down, but as I see we will not see huge trades. I recommend waiting especially I will not Short unless it breaked the 1.9700 support.

Rpchost.com 2008/3/18 - 5:00 AM (EST)

GBP/USD is in UP trend, but there is a beginning of a trend reversal, but it is not confirmed yet. I will wait till the price breaks the 2.0500 level and enter a long trade because it is a confirmation that the forex news of today didn't succeed to reverse the trend. In other hand I will wait till the price breaks the upward trendLine which is a signal that the economic reports pushed down GBP/USd and I will enter in a short trade, I think today at evening or tomorrow morning there will be something important to trade.

Good Luck

Rpchost.com 2008/3/24 - 14:00 PM (EST)

GBP/USD is about to enter a trend, either a LONG corrective trend and which I am expecting to reach 2.0000 - 2.0045 - 2.0100 levels OR a confirming SHORT trend. What I see is GBP/USD will enter a LONG trend in the next hours, I advise my clients to be ready for a potential signal.

Joe Chalhoub

Rpchost.com 2008/4/01- 1:00 AM (EST)

GBP/USD is already in a short trend, now the 4 hour candle is at 1.9840, it reached a support level, so as I see it, it will now rise and enter in a Buy trend which will not continue for long time, but for the mean while I see it going up for 20 to 40 pips before breaking new levels.

Joe Chalhoub

Rpchost.com 2008/4/02 - 1:00 AM(EST)

GBP/USD reached now the support level of its down trend. I will wait few hours and see what GBP/USD will do, either breaks new Sell support and confirm its down trend, or bounce from the support and enter in a Long trend. we will see.

Joe Chalhoub

Rpchost.com 2008/4/04 - 1:00 AM(EST)

I will watch the Payroll report, if the economic data were good enough I will detect good entries for buy or sell.

Rpchost.com 2008/3/09- 5:00 AM (EST)

GBP/USD entered yesterday in a strong Sell trend, I took advantage of 100 pips. It stills in a sell trend, I will look to sell and enter in a good entry point in case fundamental came today in our favor.

Rpchost.com 2008/3/10- 1:00 AM (EST)

Same as EUR/USD , I will watch the Interest rate data and take trading decisions.

Rpchost.com 2008/5/8- 1:00 AM (EST)

After entering a short trade yesterday, I see GBP/USD is testing the 1.9500 level, I can't predict a break of that level, I will wait and see the GBP and USD reports for today, if the reports came with my trade and we see a break of the 1.9500 level I will change my target to 200 pips, we will see what will happen today.

Joe Chalhoub