{"id":809,"date":"2011-09-14T02:58:29","date_gmt":"2011-09-14T06:58:29","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=809"},"modified":"2011-09-14T02:58:29","modified_gmt":"2011-09-14T06:58:29","slug":"sterling-fallout","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/14\/sterling-fallout\/","title":{"rendered":"Sterling fallout"},"content":{"rendered":"<p>The pound, affected by euro fallout, broke support at $1.59 to signal a primary down-trend. Expect a test of its December 2010 low at $1.53*<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2011\/2011-09-14-gbp.png?w=525&#038;ssl=1\" alt=\"GBPUSD\" \/><\/p>\n<p style=\"text-align:right;\"><span style=\"color:#999999;\">* Target calculation: 1.60 &#8211; ( 1.67 &#8211; 1.60 ) = 1.53<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound, affected by euro fallout, broke support at $1.59 to signal a primary down-trend. Expect a test of its December 2010 low at $1.53* * Target calculation: 1.60 &#8211; ( 1.67 &#8211; 1.60 ) = 1.53<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[1292,1521,1523,2727],"class_list":["post-809","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-euro","tag-gbp","tag-gbpusd","tag-pound-sterling"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sterling fallout - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sterling fallout - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The pound, affected by euro fallout, broke support at $1.59 to signal a primary down-trend. 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The descending triangle suggests a downward breakout with a target of $1.30. Momentum crossing below zero would strengthen the signal. * Target calculation: 1.40 - ( 1.50 - 1.40 ) = 1.30 The pound\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1848,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/10\/euro-sinks-dragging-sterling-lower\/","url_meta":{"origin":809,"position":1},"title":"Euro sinks, dragging sterling lower","author":"ColinTwiggs","date":"November 10, 2011","format":false,"excerpt":"EURUSD broke through $1.36 warning of another test of primary support at $1.32. Respect of the zero line by 63-day Twiggs Momentum confirms a primary down-trend. Failure of support would offer a target of $1.22*. * Target calculation: 1.32 - ( 1.42 - 1.32 ) = 1.22 GBPUSD is being\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4029,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/05\/forex-euro-pound-sterling-yen\/","url_meta":{"origin":809,"position":2},"title":"Forex: Euro, Pound Sterling &#038; Yen","author":"Colin Twiggs","date":"April 5, 2012","format":false,"excerpt":"The Euro continues in a primary down-trend, with 63-day Twiggs Momentum respecting the zero line from below. Failure of medium-term support at $1.30 would indicate another test of primary support at $1.26. And breach of $1.26 would warn of a decline to $1.18*. * Target calculation: 1.26 - ( 1.34\u2026","rel":"","context":"In &quot;Forex&quot;","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1755,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/03\/euro-falters-upset-sterling\/","url_meta":{"origin":809,"position":3},"title":"Euro falters upset sterling","author":"ColinTwiggs","date":"November 3, 2011","format":false,"excerpt":"The euro retreated below $1.40 and is now consolidating at $1.36. Failure of medium-term support would test the primary level at $1.32. In the long-term, breach of $1.32 (if the Greeks vote \"No\") would offer a target of $1.22*. 63-Day Twiggs Momentum holding below the zero line suggests continuation of\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":712,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/08\/gbp-tests-support\/","url_meta":{"origin":809,"position":4},"title":"GBP tests support","author":"ColinTwiggs","date":"September 8, 2011","format":false,"excerpt":"The Pound is testing support at $1.60\/$1.59 against the greenback, dragged down by rising calls for another round of quantitative easing to assist the flagging UK economy. Failure of support would signal a primary down-trend with a target of $1.53*. * Target calculation: 1.60 - ( 1.67 - 1.60 )\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4121,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/19\/forex-euro-pound-sterling-and-yen-3\/","url_meta":{"origin":809,"position":5},"title":"Forex: Euro, Pound Sterling and Yen","author":"Colin Twiggs","date":"April 19, 2012","format":false,"excerpt":"The Euro is consolidating above support at $1.30. Failure would test\u00a0 primary support at $1.26. A 63-day Twiggs Momentum peak below zero would indicate continuation of the primary down-trend. 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