Cable Update (GBPUSD)

Quoting ricmaj

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1.31460 plays a weak support, Resistance at 1.31900 seem to be active and if it stays same the break of the weak support might be imminent for possible move back down to the previous low there by opening the windows for the move near 1.3000. Breakout of 1.32100 will invalidate the bear claims.

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Quoting Learner-xx

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all of the GBP pairs are about to buy big.

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Quoting Learner-xx

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all of the GBP pairs are about to buy big.

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Quoting Moty

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Golden opportunity to take 140 pips {image}

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Quoting Moty

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Golden opportunity to take 140 pips {image}

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Quoting RCtrader

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{quote} How do you know that?

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Quoting Moty

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Still no buy sjgnal from the mf {image}

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Quoting Learner-xx

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Price is trading from a peak Low. Usually it has to trade away from the peak for atleast 2-5 days, on perfect terms, 3 days. The case applies on GBPCHF, GBPJPY and GBPUSD. It's like on EURUSD which also has to rise one more time before it can drop, that is if it will ever drop, but if it will drop, they will use the news to gravitate high before they can apply the brakes on a peak high and continue with the drop. But since the London session had no news, all currencies would usually just chop around for the whole session. So it will become clear...

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Quoting IBabyTrader

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This GU mf is unable to break 1.32 for two days. come on mf

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