orderbook

TraderSQUAD TraderSQUAD GBPUSD, 30,
GBPUSD: GBPUSD Pre-Election Orderbook
74 0 4
GBPUSD, 30
GBPUSD Pre-Election Orderbook

Expecting and range of 1.25-22 on the wide. Neutral on direction Expect tests to the upside first. Breaks below 1.2380 confirm moves to the downside

TraderSQUAD TraderSQUAD EURUSD, 30, Short ,
EURUSD: EURUSD Pre-Election Orderbook
117 0 4
EURUSD, 30 Short
EURUSD Pre-Election Orderbook

The range is likely 1.1450 - 1.0500 on the very wide. A less dramatic view is that 1.12 caps the upside for moves into stops on the downside into 1.0870 or 1.0850.

TraderSQUAD TraderSQUAD GBPUSD, 30,
GBPUSD: GBPUSD Order Book London Open
70 0 3
GBPUSD, 30
GBPUSD Order Book London Open

GBPUSD gains capped by offers at 1.3280 For choice would favor moves into 1.31 and 1.3030 BOE later today. Hawkish comments will see Sterling higher

TraderSQUAD TraderSQUAD GBPUSD, 30, Short ,
GBPUSD: GBPUSD Order Book London Open
92 0 3
GBPUSD, 30 Short
GBPUSD Order Book London Open

May see moves higher into 1.3330 and 1.3400 but the book looks offered with heavy stop losses at 1.31

TraderSQUAD TraderSQUAD EURUSD, 30,
EURUSD: EURUSD Order Book - London Open
87 0 2
EURUSD, 30
EURUSD Order Book - London Open

Overall bias is for a move higher. Lack of stops above 1.1150 means a likely dip to 1.1100 stop losses before moving higher. Heavy bidding interest at 1.1100 and very heavy interest at 1.1000 LEGEND Purple - Limit Orders Red - Stop Loss Orders Dark yellow - Stop Loss Orders (secondary source - less reliable)

TraderSQUAD TraderSQUAD GBPUSD, 30,
GBPUSD: GBPUSD Order Book London Open
72 0 2
GBPUSD, 30
GBPUSD Order Book London Open

Looks like we test 1.31 or 1.3450 Price normally moves towards stops. Lack of upside stops "usually" implies a move lower. As abnormal as things are, we don't expect a breach of 1.35 today.

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