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  • GBP/USD spikes to key 1.5320 resistance

    From fxstreet.com

    In a rather unusual move, the British Pound has just exploded higher over 60 pips breaking resistance at 1.5270 to find its session peak at 1.5320. The spike comes after buyers emerged off 1.5130 lows, negating further follow through to an otherwise strong US Dollar, which recorded substantial gains against the Euro, for example. Valeria Bednarik, chief analyst at FXstreet.com, notes: "A correction higher sees 1.5320 area as primary selling zone. Back below 1.5200 on the other hand, should deny any possibility of extending higher and see price looking for fresh lows" she said. The resistance at 1.5320 has also the ... (full story)

Should be asleep! But for me may continue
How about NZD any news...sigh..
only one I soled it
i sold two...
Lately all days have been good for trading but Thursday and Friday are still my favorites!! To think that a few months ago said it would stop trading these days ...
After reach the 1.5320 ,it will comes down to next target of1.5240 ,so handle carefully !
i think this could be a beginning of a major up trend
A short oppertunity in the making. I'm long from 5206 for the retrace but this baby will tank IMHO. Watching 5450ish for me, let's see what happens

In other news, the sun set last night. (Don't you just love when the news people come out stating the obvious?) LOL
Ghost Rider - WWTBMD?
one thing for sure, if you dont' listen 95% people on this forum, you'll be fine
That's true love.l0ve....lol
Ghost Rider - WWTBMD?
Cable! another spike will happen at 1.5370 then short trend follower come back in again
oh baby I am buying now 1.5209 target 1.5370 haha. dead or alive on friday
"Prime Minister Shinzo Abe will meet President Obama later today"

How Nice
Quoting ForexDao
Cable! another spike will happen at 1.5370 then short trend follower come back in again
oh baby I am buying now 1.5209 target 1.5370 haha. dead or alive on friday
Buying "now" at 5209? How can you do that when it's at 5290ish?
Ghost Rider - WWTBMD?
I will take profit at 38.2% fibonacci at 5600.
my long levels 5210,5320,5420,5530
Quoting Trader88q
I will take profit at 38.2% fibonacci at 5600.
my long levels 5210,5320,5420,5530
we can get easily to around 4700 before any uptrend...

P.S. I am not in GBPUSD position at the moment
i dont know, looking at the background of GBP, i am still quite bearish at this price, i am still short GBP/USD.
Too many traders are long on GBPUSD, we will be flat and short next days ... i am long too :-)
Stick to your plan and you will be successful !!!
im long GBP/USD as well
Quoting love.l0ve
one thing for sure, if you dont' listen 95% people on this forum, you'll be fine
More like 99% if you ask me Love10
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  • Posted: Feb 21, 2013 11:14pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 19  /  Views: 4,893