GBP news

Moderators: mrtools, xard777, Banzai



Re: GBP news

#2
Sterling covered a third of the losing positions against the dollar after the selloffs urged by fear around elections in UK and most likely next week may continue to recover.

Re: GBP news

#3
If look history chart today gbp has larger movement if compared with another currency, we can look on gbpusd and gbpjpy that has bearish candle with long bodi on H1 might because election parlementary on UK

Re: GBP news

#4
GBP explodes after after Barnier says the EU wants to make a Brexit deal :roll:

barnier.png
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Re: GBP news

#5
Jimmy wrote:
Thu Aug 30, 2018 12:23 am
GBP explodes after after Barnier says the EU wants to make a Brexit deal :roll:


barnier.png
maybe selling in to that buying , end of month, we will see next week


Re: GBP news

#7
FBI wrote:
Mon Sep 03, 2018 6:39 pm
yeah
Yep, good call mate. It's finally retracing now. Took profit on my GBP short trades so now looking at buying just under the Fibs 50 retracement level on GBPCAD.

GBPCADH4.png
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Re: GBP news

#8
I am thinking whether I should short on GBP/USD now or wait until it breaks out below 1.2800.

Re: GBP news

#10
GBP/USD extends slide after EU summit to fresh weekly lows

Pound losses strength after EU summit and prints new daily lows across the board.

Cable hits lowest since October 9, near 1.3050.

The GBP/USD pair dropped further during the last hours and extend losses. It reached 1.3057 and rebounded modestly. It was hovering under 1.3070, still under pressure.


The move to the downside took place amid a stronger US dollar and particularly on renewed weakness around the pound following the end of the European Union summit in Brussels. UK PM Theresa May explained that a longer transition period could help solve the Irish border issue. European Union officials consider that a longer transition will probably take place.
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