can we really say gbp is so bearish keep honing in on the so called fundermental experts who's predictions have been so wrong
#doyourownanalysisordietryin
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cable short for gbpusd? 6 replies
Dislikedcan be different than thought. presently test the previous top while the limit down for up intact or breach whats over, ranges 1.2673 -1.2267 any can be first to get the next ,but test top should be the intention . take care , fontu {image}Ignored
Disliked{quote} Well... let's put this way: atm price is going in my direction. Let's see what will come nextIgnored
DislikedThe GBP is simply unable to hold onto any support without being battered down again by the USD.Ignored
Disliked"BBKing: "Will it be the UK the one who will pay more because of leaving the urof*zone?" I seriously doubt it, and this is what I try to keep in mind and why I'm bullish on Gbp/Usd from 1.2000 up - the UK was a stronger economy than any EU economy except perhaps Germany before it joined the EU - even before the EU even existed - and that's still the case. The idea that leaving the EU is somehow going to devastate the UK economy is not based in reasonable thought. The market tanked primarily because markets hate uncertainty, and exactly how things...Ignored
Disliked{quote} me too has an iron in this fire.. but my entry is MUCH worse than yours.. (2475, just some 4hrs ago) i like current daily & 4hr, the way it went into today's (and month's) close.. 1hr showing a beautiful (kinda) cup+handle (well, if it works out, lol), together with the fact we've got a new month & we closed above 1.25 today for the 1st time since many days. i guess the way is up without much hesitation (=drawdown). https://www.youtube.com/watch?v=UtKADQnjQmc that's why i've made this FOMO entry ;-) my bet is the range ended today...Ignored
DislikedI don't see any reason to even bring up the topic of Brexit since the GBP has been in decline since 2014 against the USD. The GBP is simply unable to hold onto any support without being battered down again by the USD. Only when the GBP finds support will it attempt to break the USD resistance levels. So are we saying the news has been all bad for the GBP for the best part of three years or could it be that the US is making a strong recovery from the so called world crisis. Strange how no matter what the news price still keeps hitting the technical...Ignored
Disliked{quote}The only benefits are in the central and non-central banking system. Anything else is just becoming worse every new year.Ignored
Disliked{quote} There is only 1 way to solve the situation, but at the moment it looks sooooooooooooo far from reality that I would believe if someone will tell me we will go on mars first: having a centralized government.Ignored
Disliked{quote}The thing will be confirmed with a move > 1.26 then using as support and blah blah. but at that time, if happens, I will probably already cashed the positionIgnored