GBPUSD Updating the current view to more forward looking Short

British Pound/U.S. DollarFXCM

Description

⋅ Oct 22, 2019 8:22 AM

Using the trend (below) now the image is clearer! a pullback toward the the trend might be the scenario! waiting for more confirmation..

Trend Analysis

Comments

TraderWicks

⋅ Oct 22, 2019 12:25 PM

Technically speaking, I concur, however... for the moment, this pair is news driven, not technically... IMHO

Qays_Kayson

⋅ Oct 24, 2019 8:09 AM

@TraderWicks, Hay mate. I like to draw lines and to expect the long term movement, it feels really great when you see it happened after all

TraderWicks

⋅ Oct 24, 2019 9:39 AM

@Qays_Kayson, Don't get me wrong... I like the stuff you do. Was just throwing in my 'two penneth' as they say. As in, the news was making the pair, predictably unpredictable.

Qays_Kayson

⋅ Oct 24, 2019 4:38 PM

@TraderWicks, sure mate, I respect what you say, it is not fully efficient market anyways, thus news sometimes matter