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Thread: Big gap on GBPUSD

  1. #1
    Senior Member fxtester's Avatar
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    Default Big gap on GBPUSD

    Big gap on GBPUSD-gu-gap-gif

    A gap of 150+ pips.

    A lot of people have lost thousands of dollars, that's why it is advised to exit the trades before the week-end.

    We can clearly say that there is an opportunity here.

    The price will hit friday close price, when ? it can be today, in one week or more.

  2. #2
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    Long entry following a bullish price action reversal on the H1 time frame immediately upon the next touch of 1.5000.

  3. #3
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    This pair fell sharply over the past week, continuing a clear longer-term downwards trend, with the sharp move down following dovish talk from the Bank of England. However we are starting to approach some key supportive levels at around 1.4800 and 1.4700. Note how 1.4500 has tended to act as a floor for this pair over many years.

  4. #4
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    The GBP/USD marked has a mixed trend at the moment, giving great opportunities to scalpers. It was at the level of 1.4241 at the moment of market closing.


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