GBP/USD trading

long till 95

 

i guess you got out now...but man this thing has more room to run i think.

 

i was with it for the sprint of that run

 

I'm seeing resist to this latest run up @ about 1.965 (conincides with 2/17 high).

Anyone preparing a short back down to support?

 

I'm in short, although not back down to support. Resistance looks tough and RSI divergence is confirming the trend. I hate to take Friday positions but I just had to.

 

Yeah...yesterday I was seeing a descending triangle but it blew though the 1.965 "resist" to just above 1.97 (2/14 high). Looks like a decent short w/a tight s/l in fear of long break out. Friday does hinder things though...will be watching.

 

careful on those shorts.

 

I had a strong feeling this was going to happen!... I hope you guys covered your shorts. Im long now from 9733.

 

This is what I want to do but I just haven't seen the big push above 97 like I would have thought. Maybe too much resistance? It looks more like a triple top than anything else. Even with fundies on the side of the GBP, no push yet...watching for now.

Let me know how you make out.

 

Well...the push came Congrats to those who were on the right side of it.