gbp/usd

This is a discussion on gbp/usd within the Forex forums, part of the Markets category; That was too easy. I'm out @ 1.43583 for a cool 28 pips...

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Old Apr 1, 2016, 7:31am   #9
j.n
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j.n started this thread That was too easy. I'm out @ 1.43583 for a cool 28 pips
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Old Apr 1, 2016, 2:44pm   #10
 
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I think the pair will continue falling towards 1.4150 at least
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Old Apr 2, 2016, 12:37pm   #11
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Originally Posted by j.n View Post
That was too easy. I'm out @ 1.43583 for a cool 28 pips
I think after Friday data US Dollar will receive more bulls attention, so I guess shorting GBP/USD is a good idea for next week.
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Old Apr 2, 2016, 2:41pm   #12
j.n
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j.n started this thread I see it up to about 1.46000, but that's definitely longer term. If it opens near where it closed yesterday, you could buy and probably eek out about 40 points, short term. I'm definitely looking to buy if Friday's lows are tested.
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Old Apr 2, 2016, 11:13pm   #13
 
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If I should guess and don't have too...

crawl up somewhere above 50; maybe 70?
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Old Apr 4, 2016, 10:20am   #14
 
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cable5.4.png

Bearish on cable
The 1 hour chart on GBPUSD shows price returning to the middle Bollinger Band after the strong move down on Friday. It has failed to close above the middle band with a very bearish candle closing at 10am UK time. I'm looking to sell if it moves below the low of this candle.
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Old Apr 4, 2016, 10:25am   #15
 
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Yup I agree short term
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Old Apr 4, 2016, 11:46am   #16
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On its way up imo
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