GBPUSD

I swing trade with 50-75pips stops on average, that's as shortterm as I go

 

I might try a few shorter term trades. Normally I am just exchanging GBP for another account.

 

but after watching a fewe 150pip retracements I'm thinking I need to have swing acct and daytrade acct

 

Surprise interest rate cut or no more QE announcement ???

 

If its going to continue its downward trend this is resistance around 1.54

 

Looking for some retracement here.

 

Has not broke the high here. (1.55)

 

GBP seemed to have held up better than I anticipated after a hung election was announced.

Ended up buying GBP, 1.4674, will turn it into property for now.

It may go down further if the political and economic situation gets worse.

 

I think that the gbpusd asset would renew its maximum.

 

You guys are H4 traders? the triangle hunters.. anyway, you are over-optimistic...GBP is likely to rise today but 1.43300 will be likely to be today's high and will resume downtrend