GBP

[JSSPMK]

Long GBPUSD, position trade.

 

[Maverick1]

you trading this on technicals or following the news?

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

 

[JSSPMK]

you trading this on technicals or following the news?

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

Technicals.

 

[Maverick1]

Technicals.

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

 

[JSSPMK]

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

I looking at the weekly, treble bottom kinda scenario.

 

[beefcaketrade]

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

 

[JSSPMK]

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

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.

 

[JSSPMK]

Expansion cycle is near.

 

[JSSPMK]

 

[JSSPMK]

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