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  1. #1
    Solid Member

    Lightbulb Trading the GBP/USD - Intraday Trading !!!

    The GBP/USD Live Binary Options Trading Arena!

    Think you know where those commodities are headed? What will happen in the next few hours? 10 minutes? Are you a Winner? A binary options GBP/USD master? Or just a newbie wants to follow the PROS?

    Either way, this is the place to be!

    Notice! Latest Trades --> Last Thread

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    Happy Trading!

  2. #2
    Specialist Member marvel's Avatar
    Very interesting observation! I was thinking and still think so that GBP/USD is in a long term range conditions and will stay in this range this year, but there could be some major change as we see everyday the economic policy changes.

  3. #3
    Specialist Member LesterK's Avatar
    For me GBP/USD will touch again the 1.63 level. It is prety strong and also is not dependent directely from the Europe problems and could very easily change its sentiment from bearish to bullish!

  4. #4
    Specialist Member RCox's Avatar
    The GBP/USD is a surprisingly volatile pair given that it is one of the majors but when you compare general price activity to the EUR/USD, the size of the movements can be very different. This should be surprising given that we are dealing with values against the same currency (the USD). At the moment, the GBP is actually vulnerable to major price moves against some of the Non Dollar currencies, given the fact that those currencies had much larger moves in recent weeks.

  5. #5
    Veteran Member uj.forex's Avatar
    it's in range.... bothering very much.... not a good currency to buy at the moment.. huge pressure on it, forecast about it is to test 1.5200 level..

  6. #6
    Junior Member
    GBP/USD is really a highly volatile pair as compared to the other majors. I don’t think uj.forex that it will test 1.5200 very soon. I even think that most probably it will test the upper boundary at 1.63 in the next few months. If there are more problems in Euro zone and more negative sentiment on the Euro, the British pound will trade in the opposite direction and could grow to higher levels. Also I like the volatility it gives more opportunity to traders, but also some problems especially for binary option traders.

  7. #7
    Senior Member dorrian's Avatar
    British pound is very week last several weeks. I don’t understand what happens? British economy is in not so bad shape and even better than most of the European countries, but the price action dictate lowering the GBP against the Euro. Why is that? I expect that this is a temporary trend and will last no more than one or two months from now, but what do you think?

  8. #8
    Rookie Member

    GBP/USD will go UP/DOWN? !!!

    Hi traders! Today I have seen that the GBP/USD went down to 1.54828 and I thought that tomorrow it will be higher. I am not an experienced trade yet , but , what do you think? Should I doble it up? Or it will go down?
    Thank you (:

  9. #9
    Specialist Member LesterK's Avatar
    Hi, Gsrus! GBP/USD is in a strong downtrend on four hour chart (H4) and the possibility for further continuation of that trend is not small, The price is now on a fresh low 1.5480 and there is a chance for today or Monday to see some retracement, so if your position is small enough you could wait till Monday or double it and try to exit with smaller loss or with profit. If your position is too big it is not recommended to double it just wait for some bounce to close it at better price.
    That’s my short advice. I hope it will help you. It is not a good idea to close the trade at the worst moment as it is now, but if you trade too big you will have no choices.. That’s why it is better to not overleveraged your positions!

  10. #10
    Rookie Member
    Thanks for your advice , it helped me a lot !

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