gbp/usd

This is a discussion on gbp/usd within the Forex forums, part of the Markets category; I was wondering about the same thing. But then again the market doesn't always need a major news event to ...

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Old May 31, 2016, 10:49am   #106
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I was wondering about the same thing. But then again the market doesn't always need a major news event to make big movements. For now it's testing the support at 1.4570 and I think that if it breaks below that level it will reach 1.4520 - 1.4500.
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Old May 31, 2016, 6:57pm   #107
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j.n started this thread I'm long. 1.44962. Pretty sure I'll have to add a few later on.

And as always... you might wanna.
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Old Jun 1, 2016, 10:28am   #108
 
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Brexit fears are still raging since yesterday's polls. I think I will stay away from this pair until Friday Non-farm news
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Old Jun 1, 2016, 10:48am   #109
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Brexit fears are still raging since yesterday's polls. I think I will stay away from this pair until Friday Non-farm news
That's the thing it is crazy to trade this as a Spot trade. One of my good pals has a Put Option on this for 1.4050 by end of June. So volatility does not matter, in fact good for his trade. If it goes back up then no big deal the risk is the premium so no need to worry about the stop losses. You save so much from trading the plain Vanilla Options. It will be too late to trade any move in Cable if you wait.
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Old Jun 1, 2016, 1:48pm   #110
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I'm still short on this pair. Not only it reached 1.4500 it broke below that level and it's still falling. I have little doubt it will reach 1.4400 and I also think it might break below that support and continue towards 1.4330.
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Old Jun 1, 2016, 5:01pm   #111
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I'm long. 1.44962. Pretty sure I'll have to add a few later on.

And as always... you might wanna.
Adding on a few more here.
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Old Jun 1, 2016, 5:05pm   #112
 
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i'm watching 4400. we need to take this over 4400 HERE or we are screwed on this trade
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Old Jun 1, 2016, 5:29pm   #113
 
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we better stay above 4400..
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Old Jun 1, 2016, 5:46pm   #114
 
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4400 is very significant here..

line in the sand, imo
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Old Jun 1, 2016, 5:59pm   #115
 
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4420 is a good sign for us longs
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Old Jun 1, 2016, 6:10pm   #116
 
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i'm covering 50 for a loss, should we see it,

flip short to make good
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Old Jun 1, 2016, 6:48pm   #117
 
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i'm out at 440, and shorting
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Old Jun 2, 2016, 9:58am   #118
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I think the pair is too undecided before the ECB press conference today, not to mention the NFP tomorrow. No signal is very reliable right now.
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Old Jun 2, 2016, 3:58pm   #119
 
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http://www.businessinsider.com/europ...-2-2016-6?op=1

FWIW
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Old Jun 2, 2016, 4:49pm   #120
 
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i'm out at 440, and shorting
out shorts 4414

flip long, trgt 4500
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