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-   -   Cable Update (GBPUSD) (https://www.forexfactory.com/showthread.php?t=10378)

navk Aug 18, 2019 10:57pm | Post# 489901

Some small money made in EA long. Now clean chart. No trades. Will look to Frankfurt open.

navk Aug 18, 2019 11:03pm | Post# 489902

{quote} Limit for bull 2180/2200, if break more up side.
Whatever happens, it will continue until NY open. Then reverse.

hasan4imam Aug 19, 2019 12:08am | Post# 489903

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It would easily go at 2350+.. if any extreme bad things about brexit does't push back market..
#Hey_I'm_junior_member_I'_can't_post_here_directly_How_can_I_become_a_member?
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huatboyz Aug 19, 2019 12:17am | Post# 489904

Agree that GBP is gaining traction since last week, but fundamentals are not supporting.

Dingoman-two Aug 19, 2019 1:20am | Post# 489905

5 Attachment(s)
For those interested here is another great set of indicators for scalping
daily_open_line.mq4
DY-WK-MN-YR LINES.ex4
Fibo-Average-2B.ex4
Use your fibs for better levels
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EDIT AND WITH 2O BOLLINGER BANDS
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Moty Aug 19, 2019 1:23am | Post# 489906

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I believe that we will see a little drop today.
Waiting for lo
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modalyakin Aug 19, 2019 2:05am | Post# 489907

Asian session seems quietly pull the pair up, if this continues, doubt it could revisit the low before reaching 22xx
Though mr. President can tweet and market do flip

I believe that we will see a little drop today. Waiting for lo {image}

Gilaforex13 Aug 19, 2019 3:04am | Post# 489908

2170 defend so well. Target bear 2080.
Then up then big down.

Moty Aug 19, 2019 3:06am | Post# 489909

2 Attachment(s)
The drop is here
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mbrown Aug 19, 2019 3:13am | Post# 489910

This is the ideal location for this week's long with SL 2 pips below today's low PT 2289. IMO.

H1 close below today's low signals more downside to 1990, SL 2 pip above today's high.

Moty Aug 19, 2019 3:15am | Post# 489911

3 Attachment(s)
The gbp is toast (ed)
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HaLBot Aug 19, 2019 3:16am | Post# 489912

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Clearly GU needs to trade above last friday's high of 2175 for there to be anymore upside today and trade above 2220 to invalidate the downward continuation...
I see 2120 as a good area to buy and price just hit 2128 but would have to see the right PA for me to buy at 2120
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Moty Aug 19, 2019 3:19am | Post# 489913

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Are you ready ? ( For the second drop)
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mbrown Aug 19, 2019 3:20am | Post# 489914

.

Absolutely ZERO clear about more downside at this moment in time but a H1 close below 2129-27 sees me take a very small loss then flip to short.

WhipKream Aug 19, 2019 3:27am | Post# 489915

Looks like a spike to me, buying GBP on CHF, EUR, and USD. Will wait to see for more adds if goes to BE to TP1.

notyetthere Aug 19, 2019 3:29am | Post# 489916

bought some around the pivot point just under 1.2129, got my stop at be now

Gilaforex13 Aug 19, 2019 3:35am | Post# 489917

Move SL to 2140, +30 pips now

Ill-b-back Aug 19, 2019 3:48am | Post# 489918

1 Attachment(s)
down for the retest
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navk Aug 19, 2019 3:52am | Post# 489919

should retrace close to 2150 then down again.

sgkrishn Aug 19, 2019 3:52am | Post# 489920

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no more retracements.
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