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Day trade
Trade view / 21 July 2016 at 6:25 GMT

UPDATE: Bias turns bullish for GBPUSD

Analyst / PIA First
United Kingdom
Instrument: GBPUSD
Price target:
Market price:
Background

Yesterday’s trade call we recommended buying GBPUSD at 1.3140. We made an intraday low at 1.3133. We have now taken half profit at 1.3270. A break of this level is now essential to keep the bull story alive. There is no technical reason for a change of trend yet.

– Edited by Gayle Bryant

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Non-independent investment research disclaimer applies. Read more
21 July
HaythamSabry HaythamSabry
Ian, in your opinion, which has a stronger case now, the bearish EURGBP from its current level or bullish GBPUSD?
21 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
I prefer EURGBP but it is ECB
21 July
HaythamSabry HaythamSabry
after ECB decision? it's better to stay off market now, right?
21 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
again that is 50/50 ... could miss the move or get spiked out. I have rarely made money on ECB days ... normally they do little but then Draghi says something at the meeting.... I use triggers and never really get them or they are to big (stops)
21 July
HaythamSabry HaythamSabry
Thanks, of great help as usual
21 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
super snooze ...... all down to Draghi now
21 July
HaythamSabry HaythamSabry
Why do u think now after the dust has settled?
21 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
the dust has fair from settled.... Draghi still taking questions
21 July
Amiqero Amiqero
Below 1.31 possible today?
21 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
my PC is down again sorry...... national issue
21 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
back up .... I don't think so
21 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
EURGBP short is still my preferred trade .... hunting for signals
21 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
not sure of the USD at the moment so prefer crosses
21 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
GBPUSD hourly close above 1.3205 would be a buy signals for me
21 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
it is being well protected
21 July
HaythamSabry HaythamSabry
Recommendations for EURGBP or GBPUSD?
22 July
Amiqero Amiqero
Hello Ian is there any reason for this drop below 1.32?
Regards
22 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
Yes ... UK PMI figures at 9.30am
22 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
a lot worse than expected
22 July
Amiqero Amiqero
Any recover possible in near time? Or just sell it?
22 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
If it closes the one hour here (1.3276) then the bias has changed on my system
22 July
KaranKK KaranKK
Hi, Should we close the trade on loss ?
22 July
Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
please see the latest reports ans squawks
26 July
vyacheslav111 vyacheslav111
Hi ! Your opinion now ?

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