Guys, anyone remembers what was the reason of the big crash in GU around 700pips 1.21-1.14 and in many pairs too in 18-3-2020?

Cable Update (GBPUSD)

Aaah OK..jerks debating!

Cable Update (GBPUSD)

Any news not aware of from 4 hours ago that resulted in this fall in market, toward safe heaven currencies?

Cable Update (GBPUSD)

GU have potential to reach 1.3340-90. Really glad that I had quit selling this pair at 1.3085, felt abnormal movement so switched to other pairs.

Cable Update (GBPUSD)

Usd/Jpy like Eur/Chf seem to be moving in btw the bands of an unofficial crawling peg.

USD/JPY Discussion

After the spike above 1.2950 to 1.2977, although retreated but took 20 pips and increased my sell entry to 1.3015-25 as I see it might come, better positioning for me.

Cable Update (GBPUSD)

Tp2 met, despite a move to 1.2820s is possible but am sticking to my plan and took big profit @1.2875 Who want to buy, don't do before 1.2820s while for bears wait on side line for now but around 1.2950(today's high) seems good.

Cable Update (GBPUSD)

A word of advice for confused traders and they are the most here! Mentality is what makes you successful not skills. You should set a day/week/month plan and stick to it, not change your mind on buys or sells many times per day. Without good ...

Cable Update (GBPUSD)

g.nite GU 1.2970

Cable Update (GBPUSD)

Tp1 met, trailing stop on if Tp2 not targeted before..

Cable Update (GBPUSD)

Back to my words..GU failed to base above 1.3070 but exactly under it, targetting 1.3030 to decide if will base below or bounce to 1.3070 for another try..

Cable Update (GBPUSD)

The pair holds on major S/R but many days it get stuck in irrelevant range and if you enter at high level you might get stuck for days..so best to keep buying lower as daily movement analysis give signs of possible down move. However, some days like ...

EUR/CHF

Short entered on Friday @1.3045 have first Tp @1.2975, second Tp @1.2875 and SL @1.3105, with trailing stop according to price action. Generally, a base above 1.3030 necessary to start bullish movement to 1.3070 that needs another base above for ...

Cable Update (GBPUSD)

GU will find resistance just below 1.3050, only a daily close above 1.3050 may make the pair rally 200pips upward..

Cable Update (GBPUSD)

Now focus turning back to 1.2850-60s to Tp, a break below will target 1.2750s-80s, on upside no other than trailing stop for now

Cable Update (GBPUSD)

Market went into comma mode, bless its soul

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Failing to base below 1.2850 is switching my attention to shorting 1.2970s as possible bullish movement next, hopefully before FOMC.

Cable Update (GBPUSD)

Good news for $, less printing the more valuable $ becomes.

Cable Update (GBPUSD)

GU have the potential to fall further around 100pips down to the conflict support zone 1.2750s-1.2790s

Cable Update (GBPUSD)

GU fall to 1.2800s seem quicker than expected, a break there will target 1.2750s-60s that should hold the pair from further decline

Cable Update (GBPUSD)