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Where is GBPUSD Going?

Feb 08, 2022 at 07:03
6 Replies
Aaron Countee (FaintToasted)
Member Since Jun 19, 2021   49 posts
Feb 08, 2022 at 07:03 (edited Feb 08, 2022 at 05:18)
GBPUSD Short 🔴
Bearish Harmonic Return Strategy

Open 1.34196

Target 1.32183

Stop 1.35500

RR Ratio 9.91

Potential pips +301.3
*I kill pips for fun.*
Member Since Feb 08, 2019   213 posts
Feb 09, 2022 at 18:41
up up and away...
Sofia Anderson
Member Since Feb 09, 2022   2 posts
Feb 09, 2022 at 21:35
down we go, short trim :)
Suradi (FXOday)
Member Since Apr 03, 2021   470 posts
Feb 10, 2022 at 00:17
Yesterday GBPUSD price rose and get high 1.35878, but afterward, take profit then leading price down and now at 1.35336.
downtrend starting to weak, now. possible continue
Member Since Aug 12, 2015   40 posts
Feb 10, 2022 at 01:02
To answer this question about the direction of almost any pair, you have to have a chart that will show you the Dollar DX on a 60 and 240 minute timeline. Many pairs which have the dollar in them, such as GU, EU, AU, etc. are directly governed by the dollar DX. Many other pairs, GA, EA, etc. will also be controlled by the movement on the dollar even though they don't have the dollar in them. The dollar flipped today from a down direction to a current direction up.

The dollar affects about 78% of all trades, either directly or indirectly, so you have to keep aware of what it is doing if you want to trade wisely and safely.
Aaron Countee (FaintToasted)
Member Since Jun 19, 2021   49 posts
Feb 10, 2022 at 06:54
Remember I NEVER move my target. Also.. When it hits my open I will bank all the way to target 😁😄

This is how I trade.

I do not move target I do not move open.

I might enter higher for more profit but my target ALWAYS hits.
*I kill pips for fun.*
Chelsea Blacks (blackChelsea)
Member Since Jan 22, 2021   125 posts
Feb 10, 2022 at 07:49
It heads to up just like EURUSD a strong correlated pair.
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