Eurusd/gbpusd - page 1597

 
sebastianK:
This one is not stopping now

It died a sudden death This market is heavily controlled - there was no reason whatsoever to come back to 1.36, and still, here we are

 

Tight trading range here, it should stay in this range until next big news.

 

4.5 pips range in the last 5 hours

 

Back to 1.36 level until next news send the euro tumbling again.

 

The GBPUSD stays above the 1.7000 level. This level has been acting now as a support, therefore it may try to visit its latest high around the 1.7062 level.

 

Wow - what a breakout

That was usually a 1 our range for a single bra before

 

That is not a breakout

That is an artificial volatility caused by some algo in order to cash in some money. The EURUSD volatility is at its historical low - there is no volatility - banks stepped out when they had to pay for rigging

 
searchingFX:
That is not a breakout That is an artificial volatility caused by some algo in order to cash in some money. The EURUSD volatility is at its historical low - there is no volatility - banks stepped out when they had to pay for rigging

Or they are pricing in bad US news already.

Then they are going to use the news to push it further up

 
eurofreek:
Or they are pricing in bad US news already. Then they are going to use the news to push it further up

Or we are going to see 1.36 again

 

I think we are going to see a usual nice little whipsaw

Reason: