GBP/USD trading

[nik1033]

Retrace is imminent...cable can go up till 1.9740

GL & GT

 

[ASusilovic]

Quote from nik1033:

Retrace is imminent...cable can go up till 1.9740

GL & GT

Why not 1.9770 ??

 

[kalzayani]

More like 1.93 from 1.97
I am short and adding

eur/usd 1.3120 from 1.3370
this is serious week IMO

 

[nik1033]

Quote from ASusilovic:

Why not 1.9770 ??

To be touched today

 

[ASusilovic]

Congratulations nik1033. We got it !

 

[nik1033]

Cable seems to go down today..
Signal to be approved a little bit later today...when it will cross 55 SMA

GL & GT

 

[ASusilovic]

We might see 1.9805 today. BOE pretty hawkish yesterday.Think, there is still some upward momentum. Let´s see whether China will be named currency manipulator by the Treasury today. I don´t think so because U.S. heavily dependant on Chinese imports and markets. So, the name of the game will be : same procedure as last year, madam...

oops, got to run USD/JPY finally went through 122

 

[nik1033]

Cable can easily fall down today til 1.9655-60..
Lets wait and see

GL & GT

 

[ASusilovic]

Agree. Depends on retail sales numbers today ! Yesterday´s session did show some decent action in crosses GBP/CHF, GBP/YEN, GBP/AUD...By the way, far more interesting then majors...for years...

 

[nik1033]

My system is giving signal that cable will go up today till 1.9750 at least...a little bit unexpected ...
Lets wait and see...
GL & GT