Last week's OP will be a nice place to sell from (quick scalp)
Le$$ I$ More
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Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
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cable short for gbpusd? 6 replies
DislikedFrom what I see, looking at the smaller timeframe charts, I expect a very good spike to happen probably on Monday. At least 3000 area to be met. That 2860 will prove strong for a little more time so more up spikes.Ignored
DislikedHouse of lord who oppose to internal market bill. Market sky rocketing. Boris saying no more talks. Ignored Market has his own perspective.....Ignored
DislikedI starting to see exhaustion on 15 min. Also looking quite overbought. Looking for a sell entry.Ignored
DislikedIt looks like market is trying to accumulate as many shorts around 3000 as possible...and eventually will fly north to take them all out.Ignored
Disliked{quote} I think it is clear that market was either positioned long, or not positioned short enough for a big drop. Consolidation has to happen at current or higher price. US stimulus evergreen optimism (we hear about an imminent deal for more than a month now) + completely fabricated story about UK government planning to withdraw controversial clauses in IMB helped the markets get to 1.3. We'll see if they are happy to fill their sell orders at this level, or want to pull even higher.Ignored
DislikedIt looks like market is trying to accumulate as many shorts around 3000 as possible...and eventually will fly north to take them all out.Ignored