British Pound, Making Moves?

Posted on by The INO.com Team

I last looked at the British Pound (GBP) on April 8th, and produced a short video explaining why I thought that this market was ready to move.

See my earlier video here.

When I got back from my two week holiday in New Zealand, I thought it was only right to look at the British Pound again.

New video on next page

In this new short video, I will show you the steps I am taking to capitalize on a fairly substantial move I see ahead for this market.

As always the videos are free to watch and there's no need to register. I would love to get your feedback about this video and your own predictions about this market on our blog.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub

9 thoughts on “British Pound, Making Moves?”

  1. Hello Adam,

    Very well done. I like your ideas and your videos does tickle my fancy. If you're open to new ideas, I would suggest you; instead of using graphical charts, use interactive whiteboard tools and even videos to make it look more interesting. I have many students here in Pakistan, who would learn enormously from your videos & text. But, I strongly believe there is still so much more that can be done as Forex can be a dry subject for many so I personally believe that it has to be as much user friendly as much it can possibly be.

    Thanks you!

    Ali Sheikh

  2. I think is wise to buy the GBP/USD pair at the 1.50 region. The GBP/USD is likely to get to 1.5700 on or before the end of next month.

  3. Adam -- When you speak of the pound in this video context- do refer to the futures on the pound or trade through a forex broker?
    I suppose it comes down to the same thing except with a forex broker one can get more leverage ie. 100-1 or 400-1 margin or am I confused??
    I look forward to your response.
    Barry

    1. Barry,

      It doesn't make a lot of difference whether you're trading with the bank or in futures. I think most beginning traders like to trade in futures as it's very transparent and they can easily see their P&L statement.

      You're not going to have the futures going down on the British pound and the spot market going up in an opposite direction. It just isn't going to happen. The arbitrageurs on the floor will make sure of that they help keep the market in line.

      Thank you for your feedback.
      Adam

  4. Adam,
    Very good study on GBPUSD. Thank you.
    How about you following the pair all through for a few months with hypothetical trade(s)and place your actions on this blog? This helps a lot and gives very good learning opportunity to all of us.
    -Chandra

  5. Good morning,
    In my opinion, GBP will rise for a few months after that will drop due to weak economic conditions of GB.

  6. hi this is khuram, i think market is getting buying momentem now, but on the other hand fears amoung the economies still there, and the ression is not o0ver, so there can b selling opertunities over thre, so wt u suggest wt v should with british pound

    1. Khuram,

      Thank you for your feedback.

      We still like being long the British pound.

      All the best,
      Adam

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