When is that damn pound going to collapse, I'm tired.
![](https://resources.faireconomy.media/images/emojis/64/1f641.png?v=15.1)
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DislikedAussie...
I hope this pair will still retrace to 247.60 before coming down; and I believe this is the best time to go long. What do you think about this?Ignored
Dislikeddont go short just yet... we shall wait till 8GMT or price breaks through 246.35Ignored
Dislikeddont go short just yet... we shall wait till 8GMT or price breaks through 246.35Ignored
DislikedHi Aulscano
At 4.00 GMT+0, I saw the momentum indicator pointing north in the 4hrs chart and pointing south in the 1hr chart.
Price did move south to the next support and rebounce and heading north to 247.45. As you mentioned, 1hr trend will move toward the 4hrs trend.
Now it just moving down, down.. so how shall I interpret the momentum indicator.
Hope to receive your advice.
Thanks
TSKIgnored
Dislikedthere will be enough pips downunder even if you eneter below the support..Ignored