Potential short setup.. Short

British Pound/U.S. DollarFXCM

Description

⋅ Oct 10, 2019 9:46 AM

Price moving higher from support to test descending trendline.... look for sell trade on rejection from trendline or horizontal levels..

Comments

kardia

⋅ Oct 11, 2019 9:07 AM

Total manipulation going on with this pair! What a joke! Has GBP turned into Bitcoin?

AariTech

⋅ Oct 11, 2019 9:08 AM

@kardia, true mate... and it might remain same till brexit doesn't finishes..

kardia

⋅ Oct 11, 2019 9:11 AM

@No-Emotion-Fx, it's ridiculous. It's going parabolic!

kardia

⋅ Oct 11, 2019 9:12 AM

@No-Emotion-Fx, it's going to crash hard. There is no way a move like this can be sustainable for long.

AariTech

⋅ Oct 11, 2019 9:13 AM

@kardia, yes... when all retailers will start buying.. a small comment from EU that deal may not be possible and GBP move down crashing again.. hehe...

kardia

⋅ Oct 11, 2019 12:14 PM

@No-Emotion-Fx, it is starting to look more and more like the trend has changed.

AariTech

⋅ Oct 11, 2019 1:01 PM

@kardia, yeah... probably... still i would like to wait for final outcome of brexit deal

kardia

⋅ Oct 11, 2019 1:05 PM

@No-Emotion-Fx, USD is tanking. So it doesn't look like this is going to end anytime soon. I think the whole Trump Impeachment nonsense is also playing a major role in the sudden change of direction of GBP and the EURO.

kardia

⋅ Oct 11, 2019 1:07 PM

@No-Emotion-Fx, many shorts got wrecked on this one.

Boon2

⋅ Oct 11, 2019 5:19 AM

Hmmmmmmm