YEAR 2014 THE GREAT STERLING BULL FALLS TO A BEAST, THE GREENBACK! GBP/JPY WILL BE THE HOLY GRAIL!

GREAT DAY TO YOU, IT'S BEEN 10 MONTHS & TWO WEEKS SINCE MY LAST BLOG, AS I HAVE WRITTEN BEFORE, MUCH OF THE FUNDAMENTAL & TECHNICAL DATA I OFFER IS GREATLY AVAILABLE ONLINE NOW (75%), OVER THE PAST TEN YEARS FOREX HAS DEVELOP & GROWN GREATLY.  PLEASE FEEL FREE TO CONTACT ME IF YOU HAVE QUESTIONS ABOUT MY SPECIAL DETAIL DATA...  LETS GET STARTED!

IN FEBRUARY 2014 AT THE TIME OF MY LAST BLOG STERLING WAS VERY BULLISH AT 1.6474 HITTING, 1.6757 THE WEEK BEFORE.  FURTHERMORE STERLING CONTINUED IT'S BULLISH VOLUME FOR THE NEXT TWO MONTHS REACHING 1.6995 ON MAY 4, 2014 WHICH IS BASICALLY THE QUARTER POINT (1.7000).  WELL STERLING FOUND MAJOR RESISTANCE HERE & DID RETRACE BACK TO, 1.6692 ON MAY 25, 2014.  FINALLY STERLING RECOVERED OVER THE NEXT MONTH BROKE THE QUARTER POINT (1.7000) REACHING A YEAR HIGH OF, 1.7179 ON JUNE, 29 2014!!!  THE END OF A GREAT YEAR FOR STERLING BULLS!!!

SINCE THE PRICE OF, 1.7179 STERLING HAS BEEN DESTROYED BUT THE DOLLAR BEAR WHICH NORMALLY APPEARS DURING THE SUMMER SESSION OF THE YEAR BUT THIS DOLLAR BEAR WAS FUELED BY STERLING NOT INCREASING INTEREST RATE!  OVER THE NEXT 5 MONTHS STERLING FELL BELOW THE "MN" TIME FRAME 200 MOVING AVERAGE WHICH IS THE KEY SUPPORT FOR STERLING RECOVERY AT PRICE 1.6498.  STERLING IS CURRENTLY AT, 1.5559 (12/26/2014) HITTING A LOW OF, 1.5486 ON 12/23/2014.  STERLING HAS FALLEN, 16,930 PIPS THE LAST 6 MONTHS!

WHAT'S NEXT, A NEW YEAR 2015 A RATE HIKE?!, A BANK RATE HIKE?!, I WOULD SAY TECHNICALLY STERLING IS TESTING SUPPORT THIS, 1.5500 TO 1.5000 LEVEL IS A MAJOR MAJOR SUPPORT FOR STERLING BULLS  AND FOR OUR WORLD ECONOMY..  FUNDAMENTALLY THE HAWKISH TONE IS VERY VERY LOW!   WHAT MY FORECAST?!  SHIFT YOUR ENERGY & AWARENESS TO A MAJOR STERLING BULL! A GREAT BULL IS DEVELOPING IN, GBP/JPY!!!!!!!!!

NORMALLY I END MY BLOG WITH GBP/USD TECHNICALS & FUNDAMENTAL SUPPORT WELL I CAN'T IN THIS BLOG REPORT.  THE GREENBACK IS POWERFUL & I THINK TAKING STERLING AGAINST YEN IS A GREAT VALUE, TECHNICALLY & FUNDAMENTALLY!  AS OF THIS BLOG GOING INTO YEAR, 2015.  PLEASE REVIEW THIS PAIR FOR YOURSELF & IF YOU HAVE ANY QUESTION YOU CAN ALWAYS CONTACT ME DIRECTLY!

GBP.JPY IS CURRENTLY AT 187.29 JUST TWO MONTHS AGO 09/01/2014 IT WAS AT, 169.34 HAVING A LOW VOLUME, CHANNELING YEAR THE LAST 5 MONTHS, WELL IT'S MOVED 20,000 PIPS THE LAST 3 1/2 MONTHS HITTING, 189.64 ON 12/05/2014 MAJOR BULL!!! PLEASE KEEP A EYE ON THIS STERLING BULL!  WHAT'S NEXT GOING INTO THE NEW YEAR?, MORE STERLING BULL!

STERLING WILL BE TESTED!! LISTED BELOW ARE KEY RESISTANCE LEVELS:

200.00 WILL BE THE FIRST LEVEL, 208.00 IS THE NEXT LEVEL, 217.00 & FINALLY 225.00 (FIRST QUARTER POINT AFTER, 200.00) IS A POWER RESISTANCE LEVEL AND MAY BE A HIGH FOR STERLING FOR THE YEAR IN THIS PAIR.  IF "B.O.E" RAISES RATES THIS YEAR, STERLING COULD TEST 250.00!!!!! THE HIGH JUST BEFORE OUR GREAT RECESSION BUT I THINK A RATE HIKE WILL BE NEEDED THIS YEAR TOO REACH THIS LEVEL....

PLEASE REVIEW YOUR FUNDAMENTAL & TECHNICAL DATA DAILY.  BE AWARE OF HOURLY PIVOT POINTS FOR YOUR SUPER ACTIVE TRADING (WWW.DAILYFX.COM).
I LIKE, WWW.LIVECHARTS.CO.UK  FOR DAILY PIVOT (FIB) POINTS...
PLEASE KEEP YOUR PIP LOSES LOW EACH TRADE!
TRADE WITH THE TREND!
TRADE WITH THE TREND!
TRADE WITH THE TREND!

THANK YOU FOR YOUR TIME & HAVE A GREAT YEAR TRADING!
MR.GREGORY C. JOHNSON, JR (YOU CAN CONTACT ME ANYTIME)
SPEEDTRADER24
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TESTING THE MASOCHISTIC, 200 MOVING AVERAGE OF THE, "MN" TIME FRAME ONCE AGAIN!!

I first would like to make a correction from my last blog!!!, the correct time frame is, "MN" not, "W1", sorry about that!

FIRST STERLING BLOG REPORT IN 15 MONTHS DUE TO INTERNATIONAL RELOCATION… CURRENTLY STERLING IS TESTING THE MASOCHISTIC RESISTANCE OF M. A. 200 OF THE “MN” TIME FRAME AGAIN!!! “M.A.” 200, IS AT: 1.6407 AND STERLING HAS BEEN TESTING THIS RESISTANCE SINCE THE FIRST OF DEC. 2013!!  HITTING HIGH’S OF 1.6660’S IN THE FIRST OF JAN. 2014 AND RETRACING BEARING BELOW THE RESISTANCE TO 1.6251 IN THE FIRST WEEK OF FEB.!!!

STERLING HASN’T FOUND SUPPORT ABOVE THIS SADISTIC MOVING AVERAGE SINCE BEFORE OCT. OF 2008!  THIS IS THE 6 TO 7^TH ATTEMPT AT ACHIEVING SUPPORT, I WOULD ALSO SAY IT’S THE STRONGEST I HAVE SEEN STERLING SINCE THE GREAT BEAR VOLUME OF THE GREENBACK THAT PUT STERLING BELOW THIS, MOVING AVERAGE ALSO MOST SIX YEARS AGO!!!  AS OF THE DATE OF THIS BLOG REPORT STERLING IS BULLISH TESTING 1.6700 AND FOUNDING SUPPORT, FUNDAMENTALLY STERLING IS ALSO BULLISH SHOW FAIR THIS YEAR!!

FURTHERMORE, THE DOW IS TESTING 16,000 AND IS TRENDING BULLISH SINCE MY LAST BLOG, 04/2013 I ALSO MENTION THE AUSSIE AND IT HASN’T PERFORM AS I THOUGHT, AND INTEREST RATES HAVE BEEN CUT, NOTHING NEGATIVE CAN BE SAD ABOUT ITS PERFORMANCE DURING THIS PAST RECESSION, AWESOME EFFORT IN MAINTAINING A PRO-GROWTH DISPLAY OF POWER!  I DON’T GIVE MUCH INFORMATION ABOUT THE EURO, BASICALLY IT TRENDS TECHNICALLY WITH STERLING, I WOULD SAY THE E.C.B. HAS MADE A GREAT EFFORT TO INCREASE THE EUROS, STRENGTH AT THE TIME OF THIS BLOG.  WELL LET’S DO A RECAP OF THE LAST 10 MONTHS OF STERLING (MY LAST BLOG) AND I WILL OFFER A FEW COMMENTS AFTERWARDS!

 THE END OF APRIL,  2013 STERLING HIT A LOW OF 1.5418, IN MAY 2013 HIT A HIGH OF, 1.5605 STAYING BULLISH TO, 1.5751 ON THE 17^TH OF JUNE 2013. AT THIS TIME STERLING HAD A MAJOR RETRACEMENT! DROPPING BELOW THE MAJOR SUPPORT LEVEL OF, 1.5000 TO A LOW OF 1.4857 ON JULY 9^TH, 2013. ((PLEASE REVIEW MY PREVIOUS BLOGS ON THE SUBJECT OF STERLING BELOW, “1.5000”!!!!  A MUST READ!!))  STERLING BREAKS RESISTANCE AT 1.5000 TO REACH, 1.5435 ON JULY 25, 2013 AT THIS POINT STERLING RETRACES TO 1.5102 ON AUG. 2, 2013.  FINALLY FROM THIS LEVEL STERLING BEGINS A POWERFUL BULL!!, HITTING 1.5704, AUG. 21, 2013 A RETRACEMENT TO 1.5462 ON, AUG. 30, 2013 AND FINALLY  A MAJOR STERLING BULL TO 1.6259 ON OCT. 1, 2013!!!  STERLING RETRACES TO 1.5893 ON OCT. 16, 2013 TO A HIGH OF 1.6255 ON OCT. 23, 2013.  IN THE BEGINNING OF NOV. 2013 STERLING WAS AT A LOW OF, 1.5853 BULLISH TRENDING THE MONTH TO REACH, 1.6464 ON DEC. 10, 2013, RETRACING TO 1.6218 ON THE DEC. 17, 2013.  

THIS YEAR, 2014 STERLING OPEN 1.6580’S, HITTING BULLISHLY, 1.6602 JAN. 2, 2014, FOLLOWING THIS, A RETRACEMENT TO, 1.6331 ON JAN. 17^TH, 2014.  ADDITIONAL BULLISH SUPPORT CONTINUES TO INCREASE, STERLING HITS, 1.6667 ON JAN. 24^TH, 2014.  GOING INTO FEB. 2014, STERLING IS AT, 1.6251 ON FEB. 2, 2014 WITH A MAJOR BULL TO CONTINUE FOR THE NEXT TWO WEEK!!!  ON, NON-FARM FRIDAY, FEB. 07, 2014 STERLING HIT A HIGH OF 1.6416 TO CLOSE THE WEEK!!  FINALLY THE CURRENT WEEK OF THIS BLOG!, STERLING OPEN AT, 1.6402 HITTING A LOW OF 1.6391 ON FEB. 11, 2014 TO CONTINUE A STRONG BULL RUNS THE REST OF THE WEEK HITTING 1.6757 (OVER 375 PIPS OF BULLISH TRENDING IN 4 DAYS!!) EARLY IN THE LONDON SESSION FRIDAY MORNING!!!

SO WHAT’S NEXT???  WILL STERLING CONTINUE TO FIND SUPPORT AND FINALLY BUILD ON TOP OF THE MOVING AVERAGE 200 ON THE “MN” TIME FRAME FOR THE FIRST TIME IN OVER SIX YEARS, WILL B.O.E BECOME THE MASTER HAWK OF THE PAST AND INCREASE INTEREST RATE!!, WHAT ABOUT THE BANK RATES!!  STERLING WILL NEED THE TONE OF A STRONG HAWK TO FIND SUPPORT OF THE MONSTER 200 MOVING AVERAGE ON THE “MN” TIME FRAME, THAT’S BEEN PUNISHING STERLING FOR YEARS!!!

WELL I’M SURE, B.O.E. IS AWARE OF THE GREAT DEMAND AT THIS TECHNICAL SUPPORT LEVEL.  SURELY AN INTEREST RATE AND BANK RATE IS TOO FOLLOW!!  NOTHING NEGATIVE CAN BE SAID ABOUT STERLING PERFORMANCE SINCE THE END OF THE SUMMER IN 2013 AND SO FAR THIS YEAR STERLING IS IN EXCELLENT PERFORMANCE SEEKING A TECHNICAL SUPPORT ABOVE THE 200 MOVING AVERAGE ON THE “MN” TIME FRAME, IF THIS HAPPENS MAJOR ECONOMIC GROWTH WORLDWIDE!!

I WILL OFFER TECHNICAL SUPPORT AND RESISTANCE LEVELS FOR THE FOLLOWING WEEK, HOWEVER I WILL NOT CONTINUE MY DAILY BLOG AS BEFORE, MANY OF THE TECHNICAL AND FUNDAMENTAL DATA THAT I PROVIDE CAN BE FOUND ONLINE ON ECONOMIC WEBSITES, WORLDWIDE… TRADE WITH THE TREND!!!  CHECK YOU FUNDAMENTAL RELEASE!!!  BEWARE OF GEO-POLITICAL CHANGES!! & MAJOR WEATHER CONDITIONS!!

THANK YOU FOR YOUR TIME AND HAVE A GREAT DAY!

MR. GREGORY CORNELL JOHNSON, JR.   SPEEDTRADER24/KOLLYBISTES23

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TECHNICAL PIVOT, SUPPORT AND RESISTANCE LEVELS FOR STERLING ENDING WEEK, FEB. 21, 2014

THE PIVOT POINT THIS WEEK FOR STERLING IS: 1.6628

R.1/   1.6771                      S.1/   1.6485

R.2/   1.6861                      S.2/   1.6395

R.3/   1.6996                      S.3/   1.6260