Alright guys, we're back! It's true when our teacher said "don't forget the history." Last month, we'd learned the EUR/USD historical data. Now, we go to GBP/USD. GBP/USD is widely known as one of the biggest currency pair in the world that it requires your complete attention.

We know that currently GBP/USD is moving higher from day to day due to bad weather in USD. It's a good chance for you to open a buy position. It's all started before the storm struck US in the end of 2013. GBP/USD was at 1.6009 in October last year. Now, we can see there's a significant improvement; GBP/USD is 1.6685 now. You can imagine how many pips you can gain.


History is still history. Some traders believe in price cycle, so do I. We do have to be aware of this. Besides the economic calendar (the schedule of a periodic economic data release), war, natural disaster, election, expectation, etc. surely affect the movement of a pair. We can't just rely on technical analysis. There are greater conditions out there, such as fundamental condition of a country, that can change the position of the pair; anytime and anywhere.

So, what is your prediction for GBP/USD closing price in the end of this year?


Beware of the The FED Tapering, they said. Yes, in this beginning of 2014 our attention is distracted by this policy; no more "quantitative easing". We can say that this tapering is able to affect the investment climate including the forex  trading. To me, such policy will change the trendline when it has big impact. That's why we must keep in touch with latest news. I myself pay a great attention especially to an economic policies issued by US government.

But, don't forget about the history of the trendline itself. Learning historical data of a pair is also necessary.
Look at the EUR/USDVchart below:



You can see that EUR/USD has various exits change within one year only. Started from 1.24 and ended with 1.35. Imagine how many pips you can gain. I congratulate you if you bought your EUR/USD. Now, the price is still touching such a high price, between 1.34-1.37.

Let's get back to several years ago. Hmmm, I'd like to go to first quarter of 2010 when the price touched 1.19, how low! And then, look at 2011. The price almost touched 1.5. So, between 2010-2011, EUR/USD made more than 3000 pips. Some professional traders said by imagining the currency at a price before, will be much easier to imagine that happening again. Well, I'm not patient to see what will happen in the end of this year.
Thank god we can enjoy this 2013 beautifully! 2013 is very special to me, because Allah granted all my wishes. What about you guys? I hope you get what you want for this year. BTW, I have some momentous moments for 2013 that I will never forget. Here they are:

SPORT

Bayern Munich was at the best performance! They grabbed treble winner (Bundesliga, UEFA Champions league, & DFB Pokal) and brought UEFA Super Cup home. It's not over, in December, they won FIFA Club World Cup 2013 in Morocco after destroying Raja Casablanca 2-0.
Barcelona, Manchester United, Paris Saint-German (PSG), Juventus, and Ajax Amsterdam finished at the top of league table season 2012/2013.

Atletico Madrid, Wigan, SS Lazio, Bordeaux, and AZ Alkmaar won the league cup.
This year was the saddest moment in soccer world; David Beckham, Jamie Carragher, Sylvain Petrov, Michael Owen, Deco, Jupp Heynckness, and Sir Alex Ferguson retired. FYI, I've been happy watching their skill for years, yes, they made my childhood fascinating.

BRAZIL was the host of Confederation Cup 2013. They beat Spain in final 3-0 as Neymar was the best player of the competition.
Persipura Jayapura was the best team in Indonesia Super League 2013.
Miami Heat won the NBA season 2013 after beating San Antonio Spurs.
Sebastian Vettel is  the youngest F1 racer ever to win the season 4 times within 6 years, how amazing!

Lance Armstrong, the greatest TOUR DE FRANCE biker, admitted his doping scandal during his participation in competition. This case turned his best career into worst one.
Rafael "King of Clay" Nadal and Serena Williams were ranked no.1 in World Tennis Ranking.
Andy Murray won Wimbledon Championship and was the first British to win it since 1936.
SEA GAMES, a biennal multi-sport event, was held in Myanmar and will be in Singapore the next two years. Indonesia took home all the gold medals in badminton of SEA GAMES 2013 Myanmar.
Tantowi-Liliyana defended their title at the All England Cup 2013.
Ahsan and Hendra grabbed the WBF Championship 2013 in Guangzhou, China,so did Tantowi and Liliyana.
Marc Marquez succeeded to be the first rookie who win MOTO GP (2013).
Chris John retired as a professional Indonesian boxer after lost against Simpiwe Vetyeka from South Africa.
INTERNATIONAL
In the beginning of 2013, Barrack Obama was inaugurated as the 44th President of US.

Park Geun-Hye became South  Korea's first woman president.
Hugo Chavez, Margaret Tatcher, and Nelson Mandela died. They had been a great leader this century.

Maduro was the new president of Venezuela replacing Chavez. 
Salam Fayyad, Palestine's Prime Minister since 2007 resigned and was succeeded by Rami Hamdallah. Hamdallah firstly tendered his resignation two weeks after he occupied the position. But then, he returned to his position.
BOSTON BOMBING shocked the marathon participants and caused 3 people died.
Kaesong Industrial Region, a collaborative economic development between Korea DPR and South Korea, was closed as the tension between them grew. On 16 September, this area was reopened.
Military coup d'etat happened in Egypt with President Morsi as a victim. It's just getting worse just like Syria crisis. The UN even made a thorough investigation of a biologist weapon used in Syrian civil war.

Typhoon Haiyan hit Phillipines and left thousands people died.

My Chemical Romance, an American Rock Band, broke up on arch this year. But don't worry! There will be the last great album from them in 2014.
Meteorite fell in Chelyabinsk, Russia and luckily there aren't casualties.
Rana Plaza building in Bangladesh collapsed killing thousands people.
Demonstrators (Protester) struck for insisting on Yingluck Shinawatra to resign. As a consequence, election was held earlier.
Tony Abbot was elected as the Prime Minister of Australia.

Pope Benedict XVI resigned and was succeeded by Pope Francis from Argentina. He became the first non-European Pope since Pope Gregory III, 1272 years earlier.
US Government shutdown due to an argument between Republican (House of Representative) and Democratic Senate in an effort to bring the "Obamacare" passing the Senate and the House. 
Willem-Alexander became the king of Netherland this year.
Rouhani was elected as the president of Iran, preceded by Ahmadinejad.
Edward Snowden, a former CIA and NSA employee, began to reveal the classified NSA documents to several media. 
Obama shook Raul Castro's hand at a memorial service for Nelson Mandela.

Paul Walker, main actor of Fast and Furious series, died because of car accident.
Mikhail Kalashnikov, developer of AK-47, died on December 23th.

INDONESIA
I don't know what to say, this year full of corruption and bribery scandal. The Supreme Court, the governor, politicians, and bankers are involved in this case, what a shame!

Sinabung, a volcano in Sumatera, errupted and made the refugees celebrate the christmas in camp.
Australia was claimed  taping Indonesian government's phone.
Lion Air crashed in Denpasar, Bali. The plane crashed into shallow coastal sea and broken into two parts. There aren't casualties.

Batavia went bankrupt in the beginning of this year.
The 25th Asia-Pacific Economic Cooperation (APEC) meeting was held in Nusa Dua, Bali, Indonesia.


image source:
sport.detik.com
themotorreport.com
www.wallgiv.com
www.minnpost.com
telegraph.co.uk
nationalpost.com
lionsevents2013.com
washingtonpost.com
tribunnews.com
theborneopost.com
dunia.news.viva.com