GBP/USD

[j.n]

Short 10 @ 1.43686

 

[j.n]

Another 10 here at 1.43885

 

[hhiusa]

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

 

[arigoldman]

I think it's about to reverse.

 

[hhiusa]

It finally went past 1.44. That's is 300+. :clap:

 

[j.n]

I did another 10 at 1.4444, covered it at 1.43812

 

[j.n]

It finally went past 1.44. That's is 300+. :clap:

Nice trade!

 

[j.n]

Long here at 1.43300

 

[j.n]

That was too easy. I'm out @ 1.43583 for a cool 28 pips

 

[victoriajensen]

I think the pair will continue falling towards 1.4150 at least

 

[gerryg]

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.

 

[j.n]

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.

 

[piphoe]

If I should guess and don't have too...

crawl up somewhere above 50; maybe 70?

 

[FxJunkies]

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.

 

[Pat494]

Yup I agree short term

 

[arigoldman]

On its way up imo

 

[dianajs]

On its way up imo

You're right. I'm disappointed, I thought it would fall towards 1.4170, but next target is around 1.4420.

 

[radex78]

View attachment 222044

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.

Are you sure? I see on newyork session this pair move up trend on hourly timeframe, and not yet occur break low daily candle, monday market often pair move on low movement average

 

[j.n]

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.

It didn't quite test the Friday lows where I wanted to buy, but I was correct in the direction. I definitely see 1.46 here in the next couple weeks but there are plenty of longs and shorts between now and then.

 

[piphoe]

...we headed under 4100 here? inquiring minds wish to know :idea: