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Too low volume - it will not be moved either way before enough open orders is accumulated. There is not enough stops to cause any kind of faster move
Too low volume - it will not be moved either way before enough open orders is accumulated. There is not enough stops to cause any kind of faster move
The only good thing is that the range is bigger today than it was the last days of the past week. 1.352 is the first support (not 1.35). It is because of the eventual limits and placed there - limits can have a cumulative effect. But, as you told, the volume is not enough for a significant move
Guys, take care. They are letting us open positions just in order to clean us up. The change will be very fast
Too much pressure forming. You might be right : the change can be violent and unexpected
Like we are in 1930s
In the last couple of hours range is less than 2 pips. 2 PIPS. Incredible
The GBPUSD stays below the 1.7100 level and it looks like it wants to continue going lower. A possible visit to the 1.7000 level could give us a bounce to the upside from that zone.
In the last couple of hours range is less than 2 pips. 2 PIPS. Incredible
Not incredible. The war is looming
Guys, take care. They are letting us open positions just in order to clean us up. The change will be very fast
Now we can say goodbye to 1.35 for some time
I told that it will be fast
This time it looks like a break not like a whipsaw. If it goes under 1.348 it is a done deal
This time it looks like a break not like a whipsaw. If it goes under 1.348 it is a done deal
It looks like that. After US CPI data we shall know for sure