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today Bulls should hold the zone 1.2908-1.2924 and then we can see the upside move and test of yesteraday high. If the zone will be broken to the downside we can test yesterdays lows.
#46 - February 08, 2019, 10:15:56 AM
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« Last Edit: February 08, 2019, 10:17:33 AM by MaxiMillion »

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today Bulls should hold the zone 1.2908-1.2924 and then we can see the upside move and test of yesteraday high. If the zone will be broken to the downside we can test yesterdays lows.
I think we are likely to experience a bit of weakness from usdx, so we should try and avoid selling of gold and GBPUSD.
There will be a bit of reversal as today being Friday.
Good luck today my friend hopefully you will be able to make good profit.
#47 - February 08, 2019, 12:16:32 PM

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I think we are likely to experience a bit of weakness from usdx, so we should try and avoid selling of gold and GBPUSD.
There will be a bit of reversal as today being Friday.
Good luck today my friend hopefully you will be able to make good profit.
thank you and good luck too.

about my current bias from the London open is long but i closed my positions, price is staying  too long on the same level. USDX is strong all week, we will see if today will ease a little..
#48 - February 08, 2019, 02:15:49 PM

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thank you and good luck too.

about my current bias from the London open is long but i closed my positions, price is staying  too long on the same level. USDX is strong all week, we will see if today will ease a little..
This is an opportunity to wish all a great weeked. This week has quite been interesting in terms of the move by GBPUSD. For now it is high we prepared fir the coming week and so far that I know the pair GBPUSD and EURUSD are preparing for uptrend. I will watch what happens all through the day and come to the conclusion in the morning on Monday what exactly to be done. Thank you very much
#49 - February 08, 2019, 04:00:56 PM

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Today the GU movement is not in line with what we expected, bro, because if you rise it will only be 30pips around 1.29700 and down only 20pips from the open around 1.29200.

Currently GU is going down, bro, is the decline able to penetrate the 1.29200 area? If not, of course, it will test again to 1.29700 if the high and low are not able to be penetrated, the GU moves sideway
#50 - February 08, 2019, 04:10:25 PM

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here i post my chart with longer term view from 2016 y. All informations are on chart.
#51 - February 08, 2019, 10:39:41 PM
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here i post my chart with longer term view from 2016 y. All informations are on chart.
but... i need to add that the price levels where GBPUSD is now are more important than few months ago because the price is trying to brake again (and stay above) 200SMA (Daily) and it could begin nice and long uptrend . That;s why this zone 1.2850-1.29xx is so important.  And we will see in the the upcoming weeks what will happen , brexit negotiations are not so easy ... price will tell.
#52 - February 08, 2019, 10:45:58 PM

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Today the GU movement is not in line with what we expected, bro, because if you rise it will only be 30pips around 1.29700 and down only 20pips from the open around 1.29200.

Currently GU is going down, bro, is the decline able to penetrate the 1.29200 area? If not, of course, it will test again to 1.29700 if the high and low are not able to be penetrated, the GU moves sideway
good analysis, bro, thank you for giving your analysis here because it can be used for my packaging material, bro, in entering the position.
#53 - February 08, 2019, 11:36:40 PM

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GBPUSD in Technical_GU


Technically the GBP/USD is moving within a corrective trend after breaking the psychologically important 1.3000 and 38.2% Fibonacci retracement line of 1.2970 on Tuesday.

The technical oscillators like the Relative Strength Index (RSI) and Slow Stochastics (SS) are both pointing lower with Slow Stochastics making a bearish crossover in the Overbought territory indicating future price declines towards 1.2900 level representing a 100-DMA on a daily chart and 1.2800 representing 50-DMA on a daily chart next. On the upside, the 1.2970-1.3000 levels are expected to hold as a resistance line.

#54 - February 09, 2019, 01:05:44 AM

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at present, the Pound Dollar pair must refrain from any agreement and wait for the closing price of the support level 1.2940 and then enter the market if the price closed below the level of 1.2940 must be opened for sale to the support level at 1, 2790, but when closing the price above level 1.2940, the pair must be bought with profit to the resistance level at 1.3030. I think everything is simple.
#55 - February 09, 2019, 05:05:31 AM

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If I look at the H1 time frame GU has the potential to continue its bearish trend, maybe it can reach its lowest point this week or at the price range of 1.28300.
GBPUSD movement before the market closure is on the Buslist candle due to the release of fundamental news, but after that GBpusd I think it will return to Bearlish
#56 - February 09, 2019, 10:44:16 AM

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GBPUSD movement before the market closure is on the Buslist candle due to the release of fundamental news, but after that GBpusd I think it will return to Bearlish


I agree that if the trade pair is written, if you look at it from the trade, the nearest area of supot and resistance is squeezed. in the price range of 1.298xxx and supot in the price range of 1283xx. and the closure of the Minngu market is closed by the bulis candel above the supot area.

chances are the gu pair will be traded well as a correction on the h4 time frame



#57 - February 09, 2019, 12:12:18 PM

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but... i need to add that the price levels where GBPUSD is now are more important than few months ago because the price is trying to brake again (and stay above) 200SMA (Daily) and it could begin nice and long uptrend . That;s why this zone 1.2850-1.29xx is so important.  And we will see in the the upcoming weeks what will happen , brexit negotiations are not so easy ... price will tell.
Thanks ..I'll be waiting for your update when we start to entry buy for longterm
#58 - February 09, 2019, 12:18:47 PM

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Thanks ..I'll be waiting for your update when we start to entry buy for longterm
yes i will update next week .
#59 - February 09, 2019, 12:33:20 PM

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yes i will update next week .
OK...Have a nice weekend and see you next week
#60 - February 09, 2019, 12:34:50 PM

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