GBPUSD

Falling fast as predicted guys.

Heading towazds the 61.8% fib (1.5693) of the rise from 1.5268 to 1.6380 - small bounce from there maybe.

Hey Ronnie - u in the money ! nice trade, i took short on the test 884 as failed to get over...free trade now...

Surely Sterling is toast?

The trade may well look until about 1.57? Expert opinions welcome

i see a bearish "m" that wont be confirmed until a close below 824/8 area. however it's printed a doji still 3 more days for this candle to play out ( weekly) a close abv 884 and 918 may signal a trend change again.

Whilst doing the inside-bar trading noticed this had a inside bar right at support and its right at the bottom of its trading range so if the support goes there is potential 500 points move because of the trading range size. My entry is at 15803, which is just below the support level.




DYOR

This is in a trading range of about 500 points.
Its currently near the bottom of the range and if this breaks and finishes below
1.5824 then this may drop fast.
One to watch or trade.

Dyor