Disliked{quote} Yes...but what's happening...pound take up last week on one good news,after that every news was bad for gbp and good for usd,but before every good news for usd someone try to get pound higher,nvery news 20-30 pips up and that wan't spikes...someone just dont want pound bellow 1.66,think bellow that number even "them" cant defend gbp! Someone has big money stucked somewhere up and hardly trying to get there but fall is just natural.... only my opinion..Ignored
Yes, will take a surprise News event to bust 140+ pips north.
I exited my 6528 long yesterday and added to my 3 week old short.
On my chart, technically I still see 1.67-1.6780 as possible.
Just a tech view point, I agree, fundy wise will be tough.
Either way, I think we will end the week below 1.67.
Below 1.66? I'm not convinced yet.
I now never get complacent on this pair, it has surprised enough traders these last 12 months for us all to learn something.
Come with me if you want to live....