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GBP/JPY

Quoting petehnm
{quote} You still thinking it can get to 162.70?
It is possible, but maybe not today
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
{quote} It is possible, but maybe not today
maybe the dump is coming soon
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
{quote} maybe the dump is coming soon {image}

looks like it's not ready at the moment I'm keeping an eye on 165.15 to 36 to start thinking short. but just saying that I see 165.50....
162.7 and then 161.6 are my bearish targets
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
i need to wait for a better price in the box to sell from
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
162.7 and then 161.6 are my bearish targets {image}
targets reached, waiting for higher levels to sell from again, preferably after the BOE meeting this week on August 4
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
{image}
doesn't look like it is ready to fall

I will re-enter short from a higher price after the BOE tomorrow
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
{quote} doesn't look like it is ready to fall I will re-enter short from a higher price after the BOE tomorrow {image}
maybe it will rally to 163.8 before stalling out tomorrow
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
looks tempting to short now, but the price can spike higher tomorrow after the BOE rate decision....
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
looks tempting to short now, but the price can spike higher tomorrow after the BOE rate decision.... {image}

I agree, but could be a nice scalping channel till then, What do you think?
Quoting ForexGoose
{quote} maybe it will rally to 163.8 before stalling out tomorrow {image}
lol, I got a perfect entry from 163.8
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
this red dildo can go all the way to 160.1 today, if all goes well
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
looks like bulls are exhausting themselves on the hourly chart, I expect a drop soon
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
next week, I will sell the rallies again
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
next week, I will sell the rallies again {image} {image}
Sell limit triggered earlier, waiting for a drop
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
{image}
first target reached, waiting for a bigger dump, hopefully in the Asian session
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
I don't expect this pair to go anywhere before the CPI report tomorrow. If the report is soft, then the pair can spike higher due to risk-on.
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
I don't expect this pair to go anywhere before the CPI report tomorrow. If the report is soft, then the pair can spike higher due to risk-on. {image}
Well we had the opposite happen with CPI this morning, I'm glad I stayed out of the market since I have a bullish bias on this pair. It allowed me to pickup a position at a discount. We do seems to be on a consolidation triangle at the moment. Bullish breakout is my bias given the monthly chart and central bank interest rate differential.
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