GBPUSD

[beast_master]

Downside potential is not really clear as of the moment. Very bullish and price action. Mukhang me bala pa ito paakyat. Although I see a divergence on the hourlies, it is not solid not until it breaks 1.4610 which is a previous resistance.

There has been rumors early this week that the UK is going to raise interest rates in the coming months so that's what has been driving up GBP pairs I think.

[yeahbah]

Price action is indeed bullish but that bearish butterfly and that red indicator in my chart tells me that this move is not sustainable and there it is, hindi na sustain ang run up above 1.47. I guess konti pa ang convinced sa tsismis he he

Move ko na sa BE ang aking stops then tulog na

I'm looking at 1.4550 as target

[yeahbah]

as usual breakeven

[hunter]

^nakapasok po kayo sa trade na yan? cool! congrats! mukhang naka 100pips na po kayo ah.. hehehe..

[yeahbah]

Breakeven nga eh he he +0 pips. Pumalo kasi bigla, nag high somewhere 1.477x. So sinagasaan ang aking breakeven stop. Naka long naman ako sa USDCHF 1.1590

[yeahbah]

Anyone see the probability of this going up to 1.5275/95?

[yeahbah]

Strong resistance near 1.5227. 1.5275/95 shouldn't be hard to reach once the resistance is broken.