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Very important session for cable, now we await the BoE interest rate announcement and honestly we expected a technical rebound much more supported, however, the price has remained just above above the support area 1.4087/1.4132. Most likely, during the announcement there will be much volatility, then manage its position. Technically, there's no change: potential technical rebound, and subsequent bearish consolidation.
I know this, but your arrows seem to indicate reversal to the downside at the light green box area (1,4450-1,4380). That is why I am asking you.
Walentine
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Hi signalswiss, where is stop loss?
TheAnonymousBanker
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put your stop in breakeven.... :)
NVTForex
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I think buy GBP/USD,thanks you
TheAnonymousBanker
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Very important session for cable, now we await the BoE interest rate announcement and honestly we expected a technical rebound much more supported, however, the price has remained just above above the support area 1.4087/1.4132. Most likely, during the announcement there will be much volatility, then manage its position. Technically, there's no change: potential technical rebound, and subsequent bearish consolidation.
hadi.mestour
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Thanks for your analyses, rebound means sell or buy please.
TheAnonymousBanker
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rebound= long pullback= short
jkeita
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Hi Signal, I have been reading the comments and please understand that I am a great supporter of yours but at times your instructions can be confusing until after the result has happened. To those reading, regarding the last few comments, I believe that this is a long setup because it was published 3 months ago and now the idea of a pullback was published where you could obviously go short. Hope this helps. Mr Rasi correct me if I am wrong.
Thanks