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GBP/USD daily outlook
Anggota Sejak Oct 02, 2014
909 pos
Anggota Sejak Jul 10, 2014
1117 pos
Jun 06, 2017 at 06:39
Anggota Sejak Dec 16, 2011
297 pos
victoriajensen posted:
GBP/USD moved to the upside again today and reached a new high at 1.2940 before it bounced off that level. Should it break out above that high it could continue rallying towards 1.3000.
but it won't . SELL GBP this week
Anggota Sejak Feb 03, 2017
29 pos
Anggota Sejak Feb 03, 2017
29 pos
Jun 07, 2017 at 11:49
Anggota Sejak Jun 07, 2017
12 pos
At least as high. A Labour win would cause a very strong decline in GBP. But there would also be a lot of volatility following Conservative win. If it is a hung parliament then there would also be a fall. I'm tempted to take a short with a 200 pips SL and target 1.23
Anggota Sejak Feb 03, 2017
29 pos
Anggota Sejak Jul 10, 2014
1117 pos
Jun 08, 2017 at 22:08
Anggota Sejak Apr 09, 2016
421 pos
The pound-dollar currency pair opened the day at 1.2907 on Wednesday, and by the end of the session the British currency added another 50 pips to its asset. No breakthroughs at key levels were reached. Before noon the bears reached their bottom at 1.2887. The next hour of the course gradually rose to reach a peak at 1.2965.
Jun 09, 2017 at 00:01
Anggota Sejak Nov 14, 2015
325 pos
dmaggio posted:Polls are not very useful when it is seat for seat, you can win 70% on a poll, but win 30% of the seats since polls are usually by voters and some districts are big.
Is the majority of the volatility finished in this pair for the next several days? Any possibility of another major sudden movement? Any polls set to still come out?
Anggota Sejak Feb 03, 2017
29 pos
Jun 09, 2017 at 15:48
Anggota Sejak Apr 09, 2016
421 pos
The pound-dollar currency pair recorded a volatile session before the parliamentary elections in the UK. The pound lost 6 pips after the opening day of the day was 1.2957, and the last day's quote remained 1.2951. Today's extreme values remained respectively at 1.2977 and bottom at 1.2907.
Jun 09, 2017 at 17:52
Anggota Sejak Nov 14, 2015
325 pos
Conservatives did not get a majority. As such the risk for political instability have increased. What gave the fuel to boost the pound are now over, I think the pair is likely to stay continue below 1.27 just as before the election announcement.
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