Trends and Targets for 16/01/2018

Share this

POUND vs US DOLLAR FX:GBPUSD Once upon a time, there was a terrible US President who, holding power at the same time as a terrible UK Government, ensured markets did better than before, currencies stabilised, and the rain stopped. Aside from the rain, this fairy story seems true!

One perhaps has a sneaking suspicion, markets are doing well due to the incompetence of governance available - or in plain English, now politicians have stopped meddling, things continue to recover.

A case in point is CABLE, the Pound / Dollar relationship. Until the start of December last year, we had a strong belief this pairing was intent on parity. As with the stock markets, things changed at the start of December and now we suspect GBPUSD is on a path toward 1.40 initially with secondary, if bettered, at 1.49 along with an almost certain stumble.

In other words, if planning a ski trip to Vail, Colorado, the price just eased in extortionate territory.

We've painted a cheerful RED line across the bottom of the chart, currently at 1.20. This line dates back to 1985! The relationship requires to founder below this level to once again introduce terror to the Forex playground. An event such as this again will make parity almost inevitable but worse is possible.

For now, it really feels like 1.49 is the underlying intention with the Pound / Dollar pair.

Chart goes here



Time Issued


Price At Issue

Short Entry

Fast Exit

Slow Exit


Long Entry

Fast Exit

Slow Exit




























































SUCCESS above means both FAST & SLOW targets were met. 'CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today's updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.


We can be contacted at [email protected] Spam filters set to maximum so only legit emails get through...


Section One - Outlook Updated Today. Click here for Section Two - Outlook Remains Valid shares

Click Epic to jump to share: LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:CAR Carclo** **LSE:CEY Centamin** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:IGAS Igas Energy** **LSE:KAZ Kaz Minerals** **LSE:NG. National Glug** **LSE:OXIG Oxford Instruments** **LSE:POLY Polymetal** **LSE:SCLP Scancell** **LSE:TSCO Tesco** **LSE:VED Vedanta** **


Updated charts published on : Barclays, BALFOUR BEATTY, Carclo, Centamin, Fresnillo, Glencore Xstra, Igas Energy, Kaz Minerals, National Glug, Oxford Instruments, Polymetal, Scancell, Tesco, Vedanta,

LSE:BARCLSE:BARC Barclays. Close Mid-Price: 195.18 Downtrend now: 195.312 Uptrend now: 0 Percentage Change: + 0.53% Day High: 200 Day Low: 194.8

The spike to 200 at the open was useless, probably serving to slow down th ........

Subscribe for more

View Previous Barclays & Big Picture ***

LSE:BBY BALFOUR BEATTY Close Mid-Price: 297.6 Percentage Change: -3.25% Day High: 311.7 Day Low: 297

Target Met. Moves now bettering 312p still suggest the potential of 319p n ........

Subscribe for more

View Previous BALFOUR BEATTY & Big Picture ***

LSE:CAR Carclo Close Mid-Price: 81.6 Percentage Change: -34.72% Day High: 84 Day Low: 62.4

Target Met. That was really bad, though expected for over a month! Now bel ........

Subscribe for more

View Previous Carclo & Big Picture ***

LSE:CEYLSE:CEY Centamin. Close Mid-Price: 165.85 Percentage Change: + 1.19% Day High: 168.15 Day Low: 164.4

Target Met. Now above 169 suggests 173 next with secondary, if bettered, a ........

Subscribe for more

View Previous Centamin & Big Picture ***

LSE:FRES Fresnillo Close Mid-Price: 1428 Percentage Change: -0.59% Day High: 1461 Day Low: 1425

Moves now bettering 1461 indicate 1510 is the next major point of interest ........

Subscribe for more

View Previous Fresnillo & Big Picture ***

LSE:GLENLSE:GLEN Glencore Xstra. Close Mid-Price: 409.55 Percentage Change: + 0.49% Day High: 413 Day Low: 409.1

Now above 413p and growth to 437 makes sense with secondary, if bettered, ........

Subscribe for more

View Previous Glencore Xstra & Big Picture ***

LSE:IGASLSE:IGAS Igas Energy. Close Mid-Price: 99 Percentage Change: + 1.12% Day High: 102.5 Day Low: 98

This is slightly interesting now as while above 103 signals 105 next, real ........

Subscribe for more

View Previous Igas Energy & Big Picture ***

LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 965.8 Percentage Change: + 2.09% Day High: 974.2 Day Low: 955.6

Moves now above 975 indicate the potential of some stutters at 984p but se ........

Subscribe for more

View Previous Kaz Minerals & Big Picture ***

LSE:NG. National Glug Close Mid-Price: 842 Percentage Change: -0.04% Day High: 845.7 Day Low: 833.2

This continues to spark to earth as moves below 833 continue to signal 802 ........

Subscribe for more

View Previous National Glug & Big Picture ***

LSE:OXIG Oxford Instruments Close Mid-Price: 952 Percentage Change: -0.42% Day High: 960 Day Low: 943

Growth now above 960 indicates coming movement toward 997 initially with s ........

Subscribe for more

View Previous Oxford Instruments & Big Picture ***

LSE:POLYLSE:POLY Polymetal. Close Mid-Price: 921.4 Percentage Change: + 0.50% Day High: 945 Day Low: 915

Now above 945 and apparently movement to 959 next with secondary 1016p can ........

Subscribe for more

View Previous Polymetal & Big Picture ***

LSE:SCLP Scancell Close Mid-Price: 11.15 Percentage Change: -3.04% Day High: 11.6 Day Low: 11.15

This slowdown risks turning into a shambles as below 11p indicates 10p nex ........

Subscribe for more

View Previous Scancell & Big Picture ***

LSE:TSCOLSE:TSCO Tesco. Close Mid-Price: 207.9 Percentage Change: + 1.46% Day High: 208.2 Day Low: 204.1

We took at a look at this from a big picture perspective and it does not " ........

Subscribe for more

View Previous Tesco & Big Picture ***

LSE:VEDLSE:VED Vedanta. Close Mid-Price: 954 Percentage Change: + 4.74% Day High: 981.8 Day Low: 920

Target Met. Now above 982 and continued movement toward 1110p becomes prob ........

Subscribe for more

View Previous Vedanta & Big Picture ***

*** End of "Updated Today" comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AFC AFC Energy** **LSE:AGM Applied Graph.** **LSE:AMER Amerisur** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BPC Bahamas Pet** **LSE:BT.A British Telecom** **LSE:CASP Caspian** **LSE:CBUY Cloudbuy** **LSE:CLLN CARILLION PLC** **LSE:DGE Diageo** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:LMI LonMin** **LSE:MKS Marks and Spencer** **LSE:MOS Mobile Streams** **LSE:NIPT Premaltha** **LSE:OPG OPG Power Ventures** **LSE:PMG Parkmead** **LSE:PMO Premier** **LSE:POG Petrop etc** **LSE:POL Polo Resources** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RBS Royal Bank Scot** **LSE:RED REDT** **LSE:RKH Rockhopper** **LSE:RMG Royal Male** **LSE:RR. Rolls Royce** **LSE:RTHM Rythm One** **LSE:SBRY Sainsbury** **LSE:SDY Speedyhire** **LSE:SGP Supergroup** **LSE:SHP Shire** **LSE:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **LSE:TLW Tullow** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **LSE:VEC Vectura** **LSE:VOD Vodafone** **LSE:VOG VICTORIA** **LSE:WTG Watchstone** **LSE:ZOL Zoldav** **


Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!


Risk Warning & Notice to Investors

Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.


Post new comment

The content of this field is kept private and will not be shown publicly.
Type the characters you see in this picture. (verify using audio)
Type the characters you see in the picture above; if you can't read them, submit the form and a new image will be generated. Not case sensitive.