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amended post
Good luck
Another up day for the GBPUSD. This pair could go back to its uptrend if the Pound gets support by the Bank of England.
We are back to heavy ranging again
After yesterdays pin bar, all continues as usual. There is no change in bearish trend and there are no signs of some significant correction now. The attempt from yesterday went right to 1.29 but then retreated. We are probably going to see attempt(s) at that 1.29 but the odds are that we are going to see the testing of the major 1.275 support first
I have a feeling that there will be no major change before tomorrow
EUR/USD appears to be in consolidation again but the doji candlestick in the daily filter chart could be an indication that it will continue its descent if it breaks below the supprt at 1.2810. However, the bearish trend appears to be exhausted, so I am not sure how reliable that signal is.
Time to push down to 1.27 (as Goldman & Sachs "forecasted") has come
And again front running started exactly 1.5 hours before the US news. No news selling any more
And again front running started exactly 1.5 hours before the US news. No news selling any more
Actually yesterdays pin bar was an early warning for this. When 1.29 break up was not successful, and when all the gains were given up, the logical direction was this what happened today
If tomorrow US unemployment data comes in good, 1.27?