GBP

Discussion in 'Forex' started by JSSPMK, Mar 30, 2017.

  1. JSSPMK

    JSSPMK

    Long GBPUSD, position trade.

    Screenshot_20170330-145608.png
     
    victorycountry likes this.
  2. you trading this on technicals or following the news?

    curious to hear what others think of the GBP chart here as well
     
  3. JSSPMK

    JSSPMK

    Technicals.
     
  4. Cool, looks like higher lows in the recent range and a 200dma that is waiting to be tagged at 1.2680 in the near term. This is all interesting given how bearish the press (and large speculators) continue to be on Brexit
     
  5. JSSPMK

    JSSPMK

    I looking at the weekly, treble bottom kinda scenario.
     
    Maverick1 likes this.
  6. Any chance this goes to parity with USD?

    Not too long ago people were saying this could go to parity. Yet it's stayed in the 1.2-1.25 range
     
    bmf likes this.
  7. JSSPMK

    JSSPMK

    No way of knowing this. Of course if US interest rates keep rising and UK staying put, then you could be right. I just trade technicals.
     
  8. JSSPMK

    JSSPMK

    Expansion cycle is near.
     
  9. JSSPMK

    JSSPMK

    Screenshot_20170418-123035.png
     
  10. JSSPMK

    JSSPMK

    Looks spot on to me, gotta stay with it now.

    Screenshot_20170426-213634.png
     
    #10     Apr 26, 2017