Seems like the movement of money away from gbp into "safer" areas is very well evident in gu, gj other pairs. The poll for leaving is doing well so I tend to think this trend down will continue for next two weeks 147 , then 141 , 130 if they actually leave.
I still prefer scenario ONE, just that the 7am candle is red and not green Daily S1 is a buy order, 149.19
Ignored
You got that bounce spot on!!
However, my pivot point indi AND my own calculations tell me that daily S1 today is at 149.82, Daily Pivot is at 151.11 and R1 is 152.75. These are based on yesterday high of 152.39, Low of 149.46 and close of 151.47
Please explain to me where you get your pivot values from?
Seems like the movement of money away from gbp into "safer" areas is very well evident in gu, gj other pairs. The poll for leaving is doing well so I tend to think this trend down will continue for next two weeks 147 , then 141 , 130 if they actually leave.
eurgbp got sold at weely R1, so the previous hour was be a reset above pivot, (hense the opposite move on down on GBPJPY) And now this hour could continue downtrend to weekly pivot
