Gbp/Usd

[Asif777]

I think GBP has been undervalued for some time, so, at the risk of sounding like the Wall Street guys, it could be priced in. If the vote comes out bad, I expect a moderately big southwards move but a rally to follow suit very shortly. USD is still weak, be it coming from the shutdown or on a seasonal basis.

[Tanveer333]

the chart has spoken to you, hehe, I don't know where it will go, just the limit level movement that I know, MA as my navigation and BB as my dynamic S&R, the confirmation by MTF

[Hanif484]

controlled cord traction is not the way of this play , market big players shy of of playing first . ok though as in enough high position to absorb to 400 pips + downside & 250 pips upside without much changing present PA and as it may not enough still looking further up with limited time left. so still looking for further up for better position at above last leg up 1.2817 ok or 1.2774/2708 but in again bear mode .very difficult playing !!all the same almost previous analysis only added difficulty in the play !! usdx to tank to bull ok !!
similarly eurusd failing correction up from 1.1456/49 to down correction towards 1.1400_ to ready bull , so it may last time can bull at or above 1.1400( even this 1448 sr ) towards top & more 1.1626 /1733 if any possible . presently it may be at the middle( 240/240 pips ) of range may able absorb without much changes !!

no time to all pa play , do or die , correct down or not may bull to ready brexit at some top formula!
take care

update
brexit tank areas 1 got , long closed as set 2921, short activated . ok it may go further up to 1.2970/3070 but me not take long position over 2926. eu go tp 1482/ 1500 set & to see how much it can bull next day as good brexit level still to come

[Asif777]

If a vote of no confidence against the gouv is tabled it will plummet. Corbyn a much bigger risk to the UK economy then brexit.

[Hanif484]

Dude, seems like everywhere you go u make tons of pips. I remember you recently closed your usdcad short at over 300pips

[hmforex]

Gbp/Usd trend is buy

Resistance and Supporting level is:

Resistance 1:1.2873
Resistance 2:1.2881
Resistance 3:1.2890


Supporting 1:1.2847
Supporting 2:1.2836
Supporting 3:1.2825

[Tanveer333]

looks like it will go south after the Brexit vote fails, then it might recover higher

the flash crash bottom was around 1.24 and maybe it will sink there

the worst case would be a drop to 1.20 i think

[adilbadsha]

technical analysis of this pair gbp/usd is bullish trend today.

1. Resistance level is.
1st. 1.2982
2nd. 1.3076
3rd. 1.3231

2. Supporting level is.
1st. 1.2733
2nd. 1.2578
3rd. 1.2484

[Asif777]

shit delayed poll , during busy hrs can't see all about , ok started writing before &now finish I see my target get hit 2876. now set as I see no brexit poll running . so up down again till the Poll.some more higher level to short again then.next target level there 2750/12 next . anyway before brexit any pips get will take first to wait next formula

[Tanveer333]

Usdx future bull situation, breaks one limit up for down, Sr in one last leg up, may correct down to bull push through next registance and bo. Up down still in play shortly. More bear than bull here.