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Cable Update (GBPUSD)

  • #506,621
  • Dec 17, 2019 10:15am Dec 17, 2019 10:15am
more to the down side 1.31085
  • #506,622
  • Dec 17, 2019 10:16am Dec 17, 2019 10:16am
Quoting Guztro
Well, one thing is for sure, Boris didn't do the pound any favors...and his Trump style of operating is going to tank that currency.
I think you are probably right, sadly!
Pip Goes The Weasel
  • #506,623
  • Dec 17, 2019 10:17am Dec 17, 2019 10:17am
Quoting MXT
{quote} yea it 's a move which is way overblown imho , but the market interpreted those comments as if a hard brexit is back in play
Yes, maybe Boris needs to learn like Trump learnt... words has power...and the market will gladly oblige.
Charts don't drive price, market conditions drive price...
  • #506,624
  • Dec 17, 2019 10:19am Dec 17, 2019 10:19am
Quoting adrazz
{quote} I think you are probably right, sadly!
And to think, the BOE rates decision is still pending...dear Lord.
Charts don't drive price, market conditions drive price...
  • #506,625
  • Dec 17, 2019 10:22am Dec 17, 2019 10:22am
Quoting greengp
more to the down side 1.31085
sold 1.31390 sl 1.31735 to 1.31085
  • #506,626
  • Dec 17, 2019 10:26am Dec 17, 2019 10:26am
Attached Image (click to enlarge)
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yes yes yes
  • #506,627
  • Edited 10:44am Dec 17, 2019 10:32am | Edited 10:44am
there won ' t be no hard brexit

you ' ll see how he ' ll rectify his comments tomorrow or in the next days and boost cable again
  • #506,628
  • Dec 17, 2019 10:34am Dec 17, 2019 10:34am
Quoting Moty
{image}
it can make another low and divergence, usually at S/R
  • #506,629
  • Dec 17, 2019 10:39am Dec 17, 2019 10:39am
small correction maybe if it touch 1.3100, careful for long..
Attached Image (click to enlarge)
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  • #506,630
  • Dec 17, 2019 10:42am Dec 17, 2019 10:42am
Quoting Bydyke
Both M5 average (3163) and old H1 average (3160) have given way. 3115 here we come. Whether it will be bumpy or smooth is another matter
It wasn't bumpy at all. GU made it in just two salvos. The bears are grinning
  • #506,631
  • Dec 17, 2019 10:42am Dec 17, 2019 10:42am
Quoting knkie
3182/3185 might be a wonderful spot to short again.... imo
wow didnt even make it there.
very weak sign .....

short 3130
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in wondering about yourself, you forgot what you came here to be part of
  • #506,632
  • Dec 17, 2019 10:43am Dec 17, 2019 10:43am
Quoting greengp
{quote} sold 1.31390 sl 1.31735 to 1.31085

done
  • #506,633
  • Dec 17, 2019 10:44am Dec 17, 2019 10:44am
London bridge is falling down.
Intraday only.
  • #506,634
  • Dec 17, 2019 10:45am Dec 17, 2019 10:45am
Quoting Moty
{image}
You are giving back your 100 pips buddy
careful
PA Return Today: na
  • #506,635
  • Dec 17, 2019 10:45am Dec 17, 2019 10:45am
Quoting greengp
{quote} done

will again wait for uprising and sell them again
  • #506,636
  • Dec 17, 2019 10:45am Dec 17, 2019 10:45am
Looking at 1.309* to buy GU
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #506,637
  • Dec 17, 2019 10:46am Dec 17, 2019 10:46am
Quoting navk
London bridge is falling down.
agreed !
im having a hard time finding a support target ...
im gonna try 80 pips here lol
in wondering about yourself, you forgot what you came here to be part of
  • #506,638
  • Dec 17, 2019 10:48am Dec 17, 2019 10:48am
No comment....
  • #506,639
  • Dec 17, 2019 10:51am Dec 17, 2019 10:51am
Sell 1.31020 sl 1.31345 tp 1.30415
  • #506,640
  • Dec 17, 2019 10:55am Dec 17, 2019 10:55am
We may have a northward pullback of GBPUSD price action at the 1.30540 area.

Trade safe.

KP
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