GBPUSD - in autumn - grande SELL @ 1.4859
now: sell at 1.4234
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i'm short @ 1.4234 and now i placed sell limit @ 1.4267
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why is the pound so strong?
explanation for the near vertical move over the past 24 hours has all the signature characteristics of a short squeeze by the break of a key support level in EURGBP.
despite the seeming disparity between price action and fundamentals, now i am with short careful... i look to close my posi today in plus...
as long as we don't see break and close under 1.4174 on a daily basis there could be more advance in this pair especially if cable breaks the last high @ 1.4345, then it can run towards the 1.44
explanation for the near vertical move over the past 24 hours has all the signature characteristics of a short squeeze by the break of a key support level in EURGBP.
despite the seeming disparity between price action and fundamentals, now i am with short careful... i look to close my posi today in plus...
as long as we don't see break and close under 1.4174 on a daily basis there could be more advance in this pair especially if cable breaks the last high @ 1.4345, then it can run towards the 1.44
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daily: bearish gartley ... i have sell limit at 1.4283
if not deeper, then at least 1.4089 should be reached... by the end of the week
if not deeper, then at least 1.4089 should be reached... by the end of the week
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sell limit now @ 1.4288
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second short 1.4325
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btw GBPJPY also short 153.66
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GBPCHF:
10 up would be even better
10 up would be even better
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GBPUSD: Wednesday?!?
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my comment above: @ April 16 was GBPUSD: Wednesday?!?
today is wednesday and: GBPUSD down
today is wednesday and: GBPUSD down
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each TP reached - short closed
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break of the supporting trendline...