GBP/USD outlook

Quoting Ill-b-back

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{quote} Hope it works out for you. Looking for a cable set up.

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Quoting vox dei

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Hey I ll be back. Remember the DOW/SP500 talk we had? It overshoot a bit but fell all right. However check this out, Buffett's words being twisted with a hammer​ and spread all over by CNN Money: http://www.moneynews.com/MKTNewsIntl...edium=referral. When you see this kind of crap being fed to the masses you know they're gathering the sheep for the slaughter. Indexes should go higher.

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Quoting Ill-b-back

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{quote} Well, so far it looks like you were right VOX It looks like risk on all over again. Did it ever actually end? lol.... I wish the US$ bulls all the best of luck. They might need it.... {image}

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Quoting vox dei

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{quote} Shhh! I'm trying to distance myself a bit from my natural, but detrimental, tendency to predict. Please don't lead me astray. Good luck with your trading, I ll be back

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Quoting Ill-b-back

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{quote} lol, Yeah, I could do with a bit of that practice also. Cheers Vox, all the best this week

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Quoting Ill-b-back

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daily and weekly. If it gets up to 8775 - 88 for the retest, could be worth a short {image} {image}

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Quoting Ill-b-back

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{quote} Well, so far it looks like you were right VOX It looks like risk on all over again. Did it ever actually end? lol.... I wish the US$ bulls all the best of luck. They might need it.... {image}

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Quoting Ill-b-back

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{quote} Meanwhile the DOW is still up. Watch the wedge/triangle thingy breakout retest line at a new high {image}

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Quoting ruffryders

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{quote} Bro, nice review. Still SPY looks toppy, ATM. {image}

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Quoting Ill-b-back

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{quote} Yep, if it goes up there then tanks, can you imagine the exchange of funds that would take place from mums and dads to the market!!! it will be more than the $20 I lost on the Euro Friday that's for sure Neighbours birthday party soon to be in progress, got to go, have a great weekend

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Quoting Ill-b-back

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Aussie looks interesting. A closed break of the yellows could retest the corresponding whites I think. Personally, (and looking at the daily chart), I hope it breaks up on the back of the latest B.S employment data so it can smack its head again against the monthly 55ema resistance area. FROM that point, Abbots mini Austerity and reality may set in to send us down to the bottom of the monthly range {image} {image} {image}

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Quoting albchr

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Good morning brother Just a couple charts/thoughts on AUD/USD. Week/Day/4H. Seems a test of the 61.8% (0.9337ish) could be in the cards. She broke over the 61.8%, dam near kissed the 76.4%, back down with a solid bounce off the 50% (all daily ma's as support there too) to break the 61.8% again. Hot looking doji and pin at that 50% bounce on weekly and daily. Overall looks bullish so I might be thinking to try a small long at that 61.8% test if so. Hope you and yours are well my friend. Give that new little package a big for me. {image}...

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