Yesterday's bearish move was more like a pullback (still higher high and higher low)...looking at 30 min chart, it has hit the support and 4 H chart shows a hammer..., looking at my watch, the New York session is about to close. Then I look at my calendar, it's Friday - the day, the market makers can do some crazy things cos on Monday, they can correct it. My gut feeling tells me, bullish sentiment is still there on GBPUSD.
GBPUSD
- Thread starter victorycountry
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Yesterday's bearish move was more like a pullback (still higher high and higher low)...looking at 30 min chart, it has hit the support and 4 H chart shows a hammer..., looking at my watch, the New York session is about to close. Then I look at my calendar, it's Friday - the day, the market makers can do some crazy things cos on Monday, they can correct it. My gut feeling tells me, bullish sentiment is still there on GBPUSD.
bearish is correct, it will continue depreciation
Today if look on 4H timeframe, movement f pair gbpusd on wave to bearish already figure out,while look on daily timeframe two candle already appear bear candle, might trend still weak to bearish
?? are you not talking about other currency pairs. ...?????? there is no bullish sentiment in gbpusd. It will continue depreciation
GBPUSD will continue depreciation and might appreciate as pullback at times
shoulder , head (in15 m) ...if another shoulder forms I will take a short position ...
Looking at the daily chart, GBPUSD will likely to appreciate from today; 1.44580 today's low can be the bottom price.
Too cheap given whatever fundamental info out there...has hit the bottom, now GBPUSD is going up for this week! Hopefully, within next 2 to 3 hours, it appreciates.
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