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asgcorp Aug 13, 2019 2:10pm | Post# 489281

GBPUSD: No Respite In Sight; Fade Any Strength N-Term - ING

ING Research discusses GBP outlook and maintains a sell-on-rally strategy.
"We view any days of GBP strength as a fade (such as yesterday) and see more sterling weakness ahead as we get closer to potential early elections , a road to which will still be very tricky and characterised by hard Brexit risk," ING notes.
"Although the speculative community is fairly short GBP (35% of open interest vs USD), above 40% levels are still achievable (as was the case in 2017) given the nature of the possible future shock," ING adds.

asgcorp Aug 13, 2019 2:11pm | Post# 489282

GBP/USD - Bias Remains Squarely On Downside, 10-DMA Should Cap

  1. Mkt structure remains fragile, scope for a deeper drop to 2017 1.1983 low
  2. 30-day lower and upper bollinger-bands are both pointing south = bearish
  3. Our offer remains at 1.2110, ahead of the falling 10-DMA, now at 1.2121
  4. An element of caution advised as larger than usual ranges are expected
  5. GBP/USD range on Tuesday has been 1.2042-1.2082, according to Refinitiv data
  6. GBP/USD remains fragile, expect good supply near 10-DMA


Svarcas Aug 13, 2019 2:23pm | Post# 489283

more to go up {image}
Hey, can you share your indicator name or how i ca get? Whos in a top of the right corner

sgkrishn Aug 13, 2019 2:38pm | Post# 489284

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{quote} Hey, can you share your indicator name or how i ca get? Whos in a top of the right corner
here you go enjoyeeee....
#Signal_Bars_v7.ex4

fontu Aug 13, 2019 3:08pm | Post# 489285

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So usdx breaks limit 97.64 up towards next 97.81 but waiting now for great crash usdx 96.30.
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Ill-b-back Aug 13, 2019 4:17pm | Post# 489286

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{quote} I don't know about the end , for now it's doing very well {image}{image} Update: 37 pips and running {image}
I hope you collected.
I didn't say this is the end for the pound, I said it won't end well.
Different TF perspectives also
Looking at last weeks candle, I see sell any spikes.
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Ill-b-back Aug 13, 2019 4:36pm | Post# 489287

{quote} I hope you collected. I didn't say this is the end for the pound, I said it won't end well. Different TF perspectives also Looking at last weeks candle, I see sell any spikes. {image} {image} {image}
Bearish inside bar on the daily chart.

asgcorp Aug 13, 2019 4:48pm | Post# 489288

{quote} Bearish inside bar on the daily chart.
locked in 100//150 point range. awaiting a catalyst for a new break down. 2000 will cause some trouble, initially.

modalyakin Aug 13, 2019 7:56pm | Post# 489289

Headsup on the daily range, Bears in da house, Bulls can always try their luck, as it built momentum alongside piling orders

{quote} Bearish inside bar on the daily chart.

Moty Aug 13, 2019 11:17pm | Post# 489290

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Ill-b-back Aug 13, 2019 11:23pm | Post# 489291

With the recent 4hr TL break, is 2060 the new 21?

fontu Aug 13, 2019 11:24pm | Post# 489292

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Tracking usdx to follow all others, signal 97.533,likely breaks below 97.439 while limit down to up 97.320.may crazy up above 97.533 or 97.439 as extension up for the same and better crash though. That is looking for bigger crash and the camel action fails, may not raise the mouth up enough/thirsty!! Take care

gbpusd , to see what breaks first 1.2119 up or 2014 down , anyway pressure remain down still but correction intention also building strong too. so a bottom playiung to have reversal good attempt may need & only possible whenever usdx crashes towards 96.30 , so waiting here too .not hurry as gbp & euro both or all currencies have no power still to do actively .fall of the king to take control automatically!! so start with try get 2087 to test try 2119 still may first! lets see
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Moty Aug 14, 2019 12:53am | Post# 489293

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{image}
Gap close

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BDfx77 Aug 14, 2019 2:51am | Post# 489294

{image} {quote} Gap close {image}
What is the name of the software at the bottom screenshot

Gilaforex13 Aug 14, 2019 3:03am | Post# 489295

I dont know why so many go long, H4 and H1 still down trend.

Gilaforex13 Aug 14, 2019 3:06am | Post# 489296

Be careful after GBP 150 pips up, GU not move because USD go up too

Moty Aug 14, 2019 3:28am | Post# 489297

What happens right now is redemption for yesterday's bulls**t.
There was no logic with that drop , but only manipulation.

Ill-b-back Aug 14, 2019 3:44am | Post# 489298

What happens right now is redemption for yesterday's bulls**t. There was no logic with that drop , but only manipulation.
I agree, The $ should be flying....
You're making excuses...

MXT Aug 14, 2019 3:46am | Post# 489299

I dont know why so many go long, H4 and H1 still down trend.
+ 1

Ill-b-back Aug 14, 2019 3:46am | Post# 489300

{quote} I hope you collected. I didn't say this is the end for the pound, I said it won't end well. Different TF perspectives also Looking at last weeks candle, I see sell any spikes. {image} {image} {image}
Personally, and for reasons outlined above, I only see drops and more drops on the horizon...


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