MA
MarcinO
Rep: 67
Posts: 5,506
Since Pound has dropped below 1.3 a bit too late, key lines for my area are above Fibs grouping.
So if they are going to stop it on lines it will be about 1.2990, although the Fibs are indicating 1.2960.
So if they are going to stop it on lines it will be about 1.2990, although the Fibs are indicating 1.2960.
MA
MarcinO
Rep: 67
Posts: 5,506
Pound made 3D into the area (see M5), so even if this not a low of a major move, it may start at least intraday corrective wave up here.
MA
MarcinO
Rep: 67
Posts: 5,506
Wrong. 73 stopped it.
Originally posted by MarcinO
73 area hit as expected, but I guess we will see 70.50 overnight.
MA
MarcinO
Rep: 67
Posts: 5,506
Pound made another roll over this time stopping in 60's.
M1 price action is simillar to 'machine buying' behaviour, which is important 10 minutes before GDP estimate release.
M1 price action is simillar to 'machine buying' behaviour, which is important 10 minutes before GDP estimate release.




