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Opened a long GbpUsd the first day

The first day of the May contest I am long Gbp

I opened a GbpUsd long today, after lots of Gbp downtime last week
GbpUsd dipped well below 1.37, and this seems a lot to me
I think there should be some retracement back up coming soon
I believe that will be towards 1.39 area at least
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GBPUsd has caught my attention now

I have been looking at GbpUsd and other Gbp pairs

If I were to trade anything on Monday, the last trading day of this month's contest
then it would have to be GbpUsd or another Gbp cross
Retracement down in GbpUsd is huge in a short time, from 1.43 to 1.37+
I will be keeping an eye on Gbp at market open
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How about GbpUsd above 1.40

GbpUsd starting off April above 1.40, looking to short it
This is something that I did not expect a few months ago
All the brexit troubles seemed to go on foreever
I do not think we have heard the last of it, though
And even then, with the weaker Euro and Usd, 1.40 seems a bit steep to me
I will be looking to short Gbp, and keep at it (if I survive :-)
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GBPUsd seems to be recovering after Brexit

Lows for GbpUsd seem to be in place at around 1.28
On the daily chart we see the huge drop after the Brexit vote
The lows were hit around 1.28, and now the pair seems to be moving back up again
MACD and Stoch (both DiNapoli based) show the pair is bullish,
and price action has broken above DiNapoli 3x3, and is looking to test DiNapoli 25x5 from below
If we zoom in on the action on the 4Hr chart we can also see a pattern:
A closing wedge pattern is forming and a breakout in GbpUsd should follow
I…
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AdamFx42 2016年08月03日

GbpUsd already moving up much higher to 1.33 area from below 1.31  - recovery is on

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AdamFx42 2016年08月05日

After the BOE decision GbpUsd has fallen sharply again and was pushed down further by strong US data today - 1.3 has held as support for now

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GBP off to the races

Gbp is full of life today - and wild as it has ever been
The reason, of course, being the Brexit vote
I was thinking of going long at 1.4480 support early this morning,
unfortunately, I refrained from taking a position
GbpUsd is up more than 100 pips today - only because of speculation
Brexit is going to control Gbp trading from now on until the vote is over
It is going to be very tough to make any money on the vote,
because you will need to be right about the outcome,
and be prepared for some w…
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GBPUsd breaking below support

Because of the probable no vote to Brexit next month I am looking to go long Gbp
GbpUsd broke below support that I wrote about yesterday at 1.4480
Next level of support is around 1.4430, and then daily 100SMA at 1.4350 area
I will be looking to buy above these levels if they hold
I do not know it will be this month - during this contest period
But I expect a no vote to Brexit to be worth at least 200 pips to the upside,
so this makes GbpUsd longs very interesting
in this case I will also be look…
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Markets rattled by Belgium bombings

Markets are spooked today by the bombings in Belgium
This caused EurUsd and GbpUsd to go down
GbpUsd sufferd more after some dissapointing data and is below 1.43
This looks like a decent pullback to buy
and I am long GbpCad and GbpAud, with buy limits waiting in GbpNzd and GbpUsd
Gbp is still a strong currency at the moment
and I believe the retracement tergets are met now against dollar weakness last week
we shall see
gl all
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GBPUsd falling ahead of threat of Brexit

GbpUsd is falling fast triggered by fears of Brexit
Brexit of course being the case of UK leaving the Eurozone
Things are looking very bad indeed for the pair as we see on the weekly chart, first;
RSI_14 is really weak and heading to oversold without reason to bounce
because we see the RSI trend is holding the price down (red line)
Two large weekly candles down give us reason to believe in further decline,
as there is currently no reason fundamentally or technically that the pair should turn bul…
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