GBP/USD trading

[ASusilovic]

5:4 BOE . Tight decison. I think I quit my shorts. Looks bullish IMO.

 

[nik1033]

Stopped out. Seems will push a little up today, but I prefer to stay aside until situation to clarify.

GL

 

[th_forex]

hi,

I opened on 1.9885 sell 4 days ago, so now I think is the best time for open SELL GBP/USD at price 1.9929.

On my chartsystem I see clear down direction.

 

[traderdave72]

Here is my chart of a sell pattern I took. It's a low-risk compared to the potential reward. I went short at 1.9989 and my target would be the D completion. I would trail stops as it moved down. My stop is at 2.0148 respecting the high at X.

Quote from th_forex:

hi,

I opened on 1.9885 sell 4 days ago, so now I think is the best time for open SELL GBP/USD at price 1.9929.

On my chartsystem I see clear down direction.

 

[nik1033]

There is no visible reason to see something special today.
UP-Trend is to be continued..

GL

 

[nik1033]

Down step is expected for today..1.9920-30 to be touched..
GL & GT

 

[ASusilovic]

The YEN is the name of the game. Today and coming weeks.

 

[nik1033]

Stay aside today...let the market to clear out the situation

GL

 

[ASusilovic]

U.K. Nationwide House Prices Rise at Fastest Pace in Two Years

U.K. house-price inflation accelerated to a 2 1/2-year high, supporting the case for the Bank of England to raise interest rates, Nationwide Building Society said.

The average cost of a home increased an annual 11.1 percent in June to 184,070 pounds ($368,000), the biggest gain since January 2005, Britain's third-largest mortgage lender said today.

 

[Spectre2007]

watch for carry trade unwind over july 4th time period/weekend.