D-Rod
Long

Divergence spotted & Good reasons 2 buys

FX_IDC:GBPUSD   POUND STERLING / US DOLLAR
584 26 6
1. Upcoming Euro             news can help push this pair up
2. Divergence
3. FOMC Meeting Minutes coming.. Only bad news came out since USD Rate Hike.. & global markets are just... x_x close my eyes face )

be careful for Friday news.
I DON'T see this pair going much lower though..
do you refer to this news https://www4.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2016/01/05/Euro-British-Pound-May-Fall-on-Soft-Eurozone-Inflation-Data.html
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the germans has a bit of a fall but the others picked up themselves up to kinda equal things out.. that noise doesn't seem so noisy soo yeaaa
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hope gbp go up otherwise, cannot fight back
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i "see" also GBP USD going up... but I don't understand why it is blocked around 1.467...
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naxis_ac claudegeneva
so wired ...according to dailyfx It may likewise punish the British Pound considering further ECB easing stands to compound imported disinflation pressure in the UK, delaying the onset of BOE rate hikes.
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crazy situation
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naxis_ac claudegeneva
T.T
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D-Rod naxis_ac
T.T. ?
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D-Rod naxis_ac
that's alright.. I dont believe Gbp will be dragged down.. Eur USD...yea.. it would probably go all the way down to 1.060 if FOMC M.M. is good. I don't expect Usd to look bright once the FOMC meeting comes up.. just wait till Services Pmi to make a decision or it wouldn't be bad to get in right now @ 1.4667 off a bounce.. imma wait for the Services Pmi
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cool...there is bounce for GBP and JPY
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D-Rod naxis_ac
gbp jpy


It would be smart 2 wait after the Gbp Services PMI 2morrow..
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D-Rod naxis_ac
Its in an area of consolidation
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# 3 says.. FOMC Meeting Minutes coming.. Only bad news came out since the Fed Raise Hike.. & global markets have been bleeding bad.. Its unemployment picked up recently & manufacturing has been bad all year round..
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thanks for sharing...i am on long on gpd and jpy...coz just loss 2k
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D-Rod naxis_ac
anytime & good luck.
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i on long on gdpjpy as well... it is good time to long i reckon
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naxis_ac naxis_ac
https://www.poundsterlinglive.com/gbp-live-today/3218-british-pound-softer-manufacturing-pmi-34234
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D-Rod naxis_ac
@ 172.3 is fine place 2 long considering that's the price where a lot of volume, fine support price due to all those previous resistance.. i'll get in on this after the Service PMI. best of luck 2 you
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its poppin
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D-Rod Muscenti
i looked at the title and next time.. ill put something like what to look 4 during for a buy opportunity.. the news didn't go as I hoped & I didn't even get in this pair until 2 hours b4 the FOMC meeting.. I got out with 1 pip.. it didn't sustain itself & well there is still USD news coming soo that's why I exited.
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snapshot
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D-Rod Muscenti
next time ill put What to look for during a buying opportunity**** the news was coming soo I posted this chart up b4 the pair look took a path
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Do you have a reason for drawing your bottom trend line like that? It's not touching price as it fell.
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D-Rod kosai19
it was a little off. sorry.. it wont happen again.
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looking to buy very soon becuz of FOMC Meeting coming.. R/R 120-55
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bought at 1.4601. R/R 180-55..
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