Good idea but the Cable keeps on dropping. Are we sure it's going to pull back all the way to the level you mentioned and, if it does, wouldn't that be a sign that is going to continue moving up? Many thanks!
Yuriy_Bishko
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@MRZSKV, dear friend you need to understand that, this idea is a plan.
I mean, I don't geas will GBP/USD make pullback or not, because I don't know.
I know only one things where is the best to open entry with low and predictable risk. It is near 1.2947
GoldenRatioTA
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@YuriyBishko, Very true. The pair can be "tricky " (just like EUR/USD) so I totally understand your caution
UnknownUnicorn2760874
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like it
Yuriy_Bishko
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@Moiseiev_Yurii,
Thanks
FXCM
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We have a bearish view bias on GBPUSD. If it breaks out of its horizontal overlap support at 1.2836, it could signal a further move down. Ichimoku cloud shows signs of bearish pressure which contributes to our bearish bias. Here’s our idea!