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Thread: GBP/USD Discussion

  1. #1
    Elder Analyst Morgan's Avatar
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    Default GBP/USD Discussion

    Hello all
    here we will discuss about this pair
    hope all will post their analysis here

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    Elder Analyst Morgan's Avatar
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    GBPUSD is facing strong resistance as we see on the chart
    a clear break above this resistance indicate that another rise could be seen to 1.5927

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    Intraday Master qlinks's Avatar
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    Default

    hi. yes, let's discuss gbpusd.
    Last week, gbpusd broke the last high at 1.5992. More up movement maybe expected. Next resistance at 1.6130.

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    yeah it will go up i guess because it have very bad week so my guess it will get for 1.56
    dont learn to trade; trade to learn

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    Intraday Master qlinks's Avatar
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    With the previous week's further rise of gbpusd, this could only mean resumption of the uptrend. In the daily chart gbpusd bounces support at 1.5804 area and continue to form the up trendline. However before going any further, retracement and consolidation is due.

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    Intraday Master qlinks's Avatar
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    After retracing at 1.6076 area april 23, gbpusd continue to rise and break last high at 1.6164. With 4hr macd starting to show divergence, it should make top soon and make consolidation and retracement.

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    Default

    Quote Originally Posted by qlinks View Post
    After retracing at 1.6076 area april 23, gbpusd continue to rise and break last high at 1.6164. With 4hr macd starting to show divergence, it should make top soon and make consolidation and retracement.
    The right now the upper spike happen at the level of the 1.62xx , from that time now consolidation started , so if the price hold this level for whole so it might can become a good resistance to have a sell point

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    Currently this currency pair is bullish but a break down below 1.615 will result a further fall to 1.610,

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    Моё мнение, что завтра мы должны вернуться на уровень 1,6190

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    i think GPB will countinue down until 1.6090 and will grown up shortly and down again my opinion

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    GPB will continue down my analysis go to 1.6050 this days but if he up to 1.6175 its will up we wait until new news again

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    GPB is still hard to up on 1.6140 its wait big news Manufacturing Production m/m just wait until the news release

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    GPB on 1.6114 its look like will down again to 1.6050

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    GPB get negatif news on Industrial Production m/m now will continue down now GPB on 1.6092

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    GPB still dont have power to grown up its on 1.6118 i think will down again

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