-
GBPUSD: A Word of Caution to Shorts
It’s no secret that GBPUSD has been under pressure since April. The pair is down 1,700 pips following the 2,500 rally that commenced in October of 2016. More recently, the pound has struggled since closing below the 1.2700 handle on December 10th. The fact that GBPUSD buyers have struggled this week each time they reach the 1.2700 region is no surprise. The 1.2700 area previously held as range support since mid-August. However, I want to caution shorts here. The 1.2700 level is indeed acting as resistance. You don’t need to be an experienced price action trader to see that the area is attracting sellers. Despite ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Dec 21, 2018 2:07pm Dec 21, 2018 2:07pm
- asmadi78
- Joined Oct 2012 | Status: Member | 821 Comments
- Comment #2
- Quote
- Dec 21, 2018 2:36pm Dec 21, 2018 2:36pm
- rotherwell
- | Joined Jul 2007 | Status: Member | 104 Comments
scale in, scale out
- Comment #3
- Quote
- Dec 21, 2018 4:03pm Dec 21, 2018 4:03pm
- Coimbra
- | Joined May 2018 | Status: Member | 22 Comments
- Comment #4
- Quote
- Dec 21, 2018 4:06pm Dec 21, 2018 4:06pm
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #5
- Quote
- Dec 21, 2018 5:55pm Dec 21, 2018 5:55pm
- NotAtrader
- Joined Oct 2016 | Status: NotAtrader, A Money Machine. | 3545 Comments
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
- Comment #6
- Quote
- Dec 22, 2018 12:48am Dec 22, 2018 12:48am
- cnhhhh
- | Joined Aug 2011 | Status: Hunter | 47 Comments
- Comment #7
- Quote
- Dec 22, 2018 6:10am Dec 22, 2018 6:10am
- mae4206
- Joined Jul 2011 | Status: Cool ☺ | 246 Comments
- Comment #8
- Quote
- Dec 22, 2018 9:01am Dec 22, 2018 9:01am
- danasa
- | Joined Jan 2018 | Status: Member | 118 Comments
- Comment #9
- Quote
- Edited Dec 23, 2018 4:37am Dec 22, 2018 4:58pm | Edited Dec 23, 2018 4:37am
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #10
- Quote
- Dec 23, 2018 4:05am Dec 23, 2018 4:05am
- Bones
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 2814 Comments
#doyourownanalysisordietryin
- Comment #11
- Quote
- Dec 23, 2018 4:08am Dec 23, 2018 4:08am
- Bones
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 2814 Comments
#doyourownanalysisordietryin
- Comment #12
- Quote
- Dec 23, 2018 5:45am Dec 23, 2018 5:45am
- danasa
- | Joined Jan 2018 | Status: Member | 118 Comments
- Comment #13
- Quote
- Dec 23, 2018 6:13am Dec 23, 2018 6:13am
- bdebaere
- | Joined Apr 2013 | Status: Member | 48 Comments | Online Now
- Comment #14
- Quote
- Dec 23, 2018 11:44am Dec 23, 2018 11:44am
- KeenPips
- Joined Dec 2015 | Status: Member | 152 Comments
Do your homework, follow the footprints of smart money
- Comment #15
- Quote
- Dec 27, 2018 12:02pm Dec 27, 2018 12:02pm
- Bones
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 2814 Comments
#doyourownanalysisordietryin
- Comment #16
- Quote
- Dec 27, 2018 12:05pm Dec 27, 2018 12:05pm
- Bones
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 2814 Comments
#doyourownanalysisordietryin
- Comment #17
- Quote
- Dec 27, 2018 12:15pm Dec 27, 2018 12:15pm
- asmadi78
- Joined Oct 2012 | Status: Member | 821 Comments
- Comment #18
- Quote
- Jan 2, 2019 6:48pm Jan 2, 2019 6:48pm
- Bones
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 2814 Comments
#doyourownanalysisordietryin
- Comment #19
- Quote
- Jan 2, 2019 6:49pm Jan 2, 2019 6:49pm
- Bones
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 2814 Comments
#doyourownanalysisordietryin