i'm short @ 1.4234 and now i placed sell limit @ 1.4267
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why is the pound so strong? explanation for the near vertical move over the past 24 hours has all the signature characteristics of a short squeeze by the break of a key support level in EURGBP.
despite the seeming disparity between price action and fundamentals, now i am with short careful... i look to close my posi today in plus...
as long as we don't see break and close under 1.4174 on a daily basis there could be more advance in this pair especially if cable breaks the last high @ 1.4345, then it can run towards the 1.44
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daily: bearish gartley ... i have sell limit at 1.4283
if not deeper, then at least 1.4089 should be reached... by the end of the week
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sell limit now @ 1.4288
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second short 1.4325
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btw GBPJPY also short 153.66
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GBPCHF: 10 up would be even better
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GBPUSD: Wednesday?!?
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my comment above: @ April 16 was GBPUSD: Wednesday?!? today is wednesday and: GBPUSD down