Eurusd/gbpusd - page 1611

 
searchingFX:
1.36 holding (strong support for now) We shall see next week

Next week - 1.37 here we go again

 
eurofreek:
Next week - 1.37 here we go again

I think that it looks like a perfect dip buying opportunity, but with volumes so low, with 10-15 pips daily change, even if it reverses immediately, it will take more than a week

Patience man Forex is all about patience

 

Hi guys

how is the market today?

 
Abdul2012:
Hi guys how is the market today?

Up and down For some up for some down

 

The GBPUSD goes back up to the levels before the news came out and it shows that the Pound is still very strong and most probably the Bank of England may be preparing for a rate hike.

 

This Eur Usd........................Daily & H4

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And This Gbp Usd......Daily & H4 & H1......

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Back to usual : 13 pips range

Waiting next week

 

Now it is testing the support line. We shall see how it develops. This looks like start of weekly profit taking

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eurusd_11.gif  70 kb
 

Looks like no support break today will happen (no volume in the market)

As i already told : we shall see next week

Reason: