NeverNO

GBPUSD - in autumn - grande SELL @ 1.4859

NeverNO Updated   
FX:GBPUSD   British Pound / U.S. Dollar
now: sell at 1.4234
Comment:
i'm short @ 1.4234 and now i placed sell limit @ 1.4267
Comment:
why is the pound so strong?
explanation for the near vertical move over the past 24 hours has all the signature characteristics of a short squeeze by the break of a key support level in EURGBP.

despite the seeming disparity between price action and fundamentals, now i am with short careful... i look to close my posi today in plus...

as long as we don't see break and close under 1.4174 on a daily basis there could be more advance in this pair especially if cable breaks the last high @ 1.4345, then it can run towards the 1.44

Comment:
daily: bearish gartley ... i have sell limit at 1.4283

if not deeper, then at least 1.4089 should be reached... by the end of the week

Comment:
sell limit now @ 1.4288
Comment:
second short 1.4325
Comment:
btw GBPJPY also short 153.66
Comment:
Comment:
GBPCHF:
10 up would be even better
Comment:
GBPUSD: Wednesday?!?
Comment:
my comment above: @ April 16 was GBPUSD: Wednesday?!?
today is wednesday and: GBPUSD down

Comment:
each TP reached - short closed
Comment:
break of the supporting trendline...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.