GBP/USD
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Thread: GBP/USD

  1. #1
    Super Moderator Hamster's Avatar
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    GBP/USD

    Thread for GBP/USD discussion - latest news, technical analysis, forecasts and opinions.
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  2. #2
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    gbpusddaily.png
    Time Frame:1D
    For the GBP/USD , it trying lot of time but after losing much momentum last month it not able to get ssurvive and still under pressure , we got doule top last week and market gives respect it so , if price remain under 1.5400 we would see again the bearish runs

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    Making a strong bulls at the 1h hour time frame and the candle given respect one more time to the 38 fibo levels and break down the 23.6 , most likely sceneario is that we would can see that price would try to reach the o fib level and then extension period start

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    gbpusdh1.png
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    Making a strong bulls at the 1h hour time frame and the candle given respect one more time to the 38 fibo levels and break down the 23.6 , most likely sceneario is that we would can see that price would try to reach the o fib level and then extension period start

  5. #5
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    gbpusdh1.png
    Time Frame :1H
    Making a strong bulls at the 1h hour time frame and the candle given respect one more time to the 38 fibo levels and break down the 23.6 , most likely sceneario is that we would can see that price would try to reach the o fib level and then extension period start

  6. #6
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    gbpusdh1.png
    Time Frame :1H
    Making a strong bulls at the 1h hour time frame and the candle given respect one more time to the 38 fibo levels and break down the 23.6 , most likely sceneario is that we would can see that price would try to reach the o fib level and then extension period start

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    yesterday after gaining much gain today market is still holding it , and currently we can see that 1.5473 is a critical we can not buy anymore because it double top there a reversal , more chances are that before continue , market rebound towards the 23.6 fib level

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    yesterday after gaining much gain today market is still holding it , and currently we can see that 1.5473 is a critical we can not buy anymore because it double top there a reversal , more chances are that before continue , market rebound towards the 23.6 fib level

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    Making a railyway track , bullish momentum by candlestick chart pattern , before it a spining tops , prior trend is losing the momentum so hence we can more likely will get another touch to the 23.6 fib level before continuation

  10. #10
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    if the price go below 1.5224 and candle close below it then after we may can expect the bearish will runs in the market and if we looks at the CCI then lower and lower and then third lower break so more likely if trendlines holds itself then we can see a bullish momentumn for a while

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