Eurusd/gbpusd - page 1581

 

Bearish, potential targets will be 1.35375 and 1.35025, let's see.

 

1.36 looks like a next logical target to test (now that 1.36 is broken)

 

They are doing that every day at a same time (pushing it down). It certainly looks like an intervention

 
eurofreek:
They are doing that every day at a same time (pushing it down). It certainly looks like an intervention

It was two times at London open. Consider it normal for now that it happens then (when the market makers start to work)

 
searchingFX:
It was two times at London open. Consider it normal for now that it happens then (when the market makers start to work)

Yep, you are right

 

The GBPUSD stays in the middle of the range between the 1.6700 level and the 1.6800. If it continues going lower, then a visit to the 1.6700 may stop the price there.

 

One more 10 pip range Asian session ahead of us

Going to rest and to wait to see tomorrow if there will be an attempt to hit 1.35

 

Probably it will

They are pricing in USD rate hike, Euro is becoming desirable for carry trades, ... all is pointing to a 1.35 very soon

 

This was a first attempt - now waiting for the second attempt to get to 1.35

 

It is still stuck in a narrow range

Needs a push to change more