We’re near the end of the month so the fixes are going to see a bit more action thatn usual
GBPUSD has fallen to 1.3237 from 1.3275. The fix is up shortly and as these moves seem limited to GBP on the whole (GBPJPY and EURGBP all moving), we can pin it on the fix.
1.3220/30 has been an old solid S&R level for wuite some time so watch the level carefully.
I’ve just bought small at 1.3230 to test this support.
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I have been shot this pair since friday, maybe too early but I’m out now. I get lucky because I was usd long…. vs euro chf jpy and I admit yesterday I was a little bit worried but I closed all my longs except one and reenter long usdjpy and swissie ;). Always the eurchf is a good pair to trade too. Now about a long gbpusd, I know U wrote an interesting point of view but before the 4th, I can’t go long, just only when there are some little pullbacks. 🙂
Next time I’ll shut my mouth….