GBP/USD

hhiusa

Well-known member
May 5, 2015
2,623
130
73
#3
I predicted it would reach the 1.44-1.45 a few days ago. :clap:
I will be long in this position for the forseeable future. I think the GBPUSD will climb to somewhere around 1.44-1.45 again. The GBP is the only currency that I could see that strengthened today. I think the pound is strengthening because the writing is on the wall about the failed European experiment; henceforth called the FEE by me. They do love their fees and taxes.
I bought it at 1.40890
+291
 

hhiusa

Well-known member
May 5, 2015
2,623
130
73
#5
It finally went past 1.44. That's is 300+. :clap:
 
Jul 10, 2014
648
10
28
#10
I think the pair will continue falling towards 1.4150 at least
 

j.n

Member
Mar 17, 2016
76
0
16
#12
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.
 
Mar 23, 2016
5
0
11
#14
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.