Above: biased long
Below: biased short
Brexit is a ‘British decision,’ European Commission chief says.
"I'm not an architect of new border stations," said Juncker in a pre-recorded interview with Sky News' Sophy Ridge that aired Sunday. "The British have to tell us exactly the architectural nature of this border. I don’t like a border."
He also stressed that Brussels will "make sure that the interests of the EU and of the internal market will be preserved."
GBP hut on Johnson comments. News algos react first and then market decides whether news matters.
Mtl JP 12:42:22 GMT - 09/20/2019
wham ! 100day
got to be FAST! or
Mtl JP 11:51:56 GMT - 09/20/2019
GBP 100 day tested
n holding on first try
Mtl JP 11:12:49 GMT - 09/20/2019
yes. 100 day at 1.2471
london red 11:10:47 GMT - 09/20/2019
eurgbp has tested 200dma from below, having broken and closed below yest. this may be all or it may move higher but close at or under it today, if move is to continue. sellers generally step in to such a pullback the day after breaking and closing lower. this pair and that indicator will be key as will 100dma for cable.
Mtl JP 10:54:28 GMT - 09/20/2019
GBP 1.2509 = Pivot
by the pros at Global-View.com
Mtl JP 10:44:18 GMT - 09/20/2019
like playing Russian roulette (1/6 chance)
london red 10:33:33 GMT - 09/20/2019
lt tech is fine but type of brexit if at all decides if 1.40 or 1.15. once u have your decision then u can fully incorporate lt tech. until then it must be taken with a pinch of salt up/down unless u expect to be lucky.
kl shawn 09:46:37 GMT - 09/20/2019
cable's monthly will start forming double bottom towards 1.42-1.43 neck
jkt abel 09:30:33 GMT - 09/20/2019
you guys dont see climb to 1.2970?
london red 09:27:46 GMT - 09/20/2019
maybe needs o test 125 bids and also 100dma which took so long to break. think bids lined up 12480-125 with stop under 12435 may work for a tgt of 126ish as the mood stands right now. but all goes out windo if mood changes, thats how things are now.
Richland Mailman 09:10:03 GMT - 09/20/2019
A tight one at 1.2520
Mtl JP 09:05:08 GMT - 09/20/2019
Mailman - out of interest: w/what sl ? tks
Richland Mailman 08:53:07 GMT - 09/20/2019
And so, we switched to buy now while this level holds. :)
Richland Mailman 08:38:28 GMT - 09/20/2019
Been selling this below 1.2580 as charted. This 1.2540 is crucial, either it bounces and resumes uptrend or it targets 1.2500, pivot of the day.
Mtl JP 08:37:19 GMT - 09/20/2019
Bruno Waterfield Retweeted
27m27 minutes ago
"Repeated extensions of #Article50 look weak. Endless prevarication over #Brexit is damaging the morale, reputation and efficiency of the European Union."
Follow Follow @BrunoBrussels
What’s the Brexit mood in Brussels? It is “dark” - but too early to call until after Conservative party conference
36m36 minutes ago
Juncker “good mood music” is deliberately upbeat even surreally so to keep show on road even with major gaps
36m36 minutes ago
Barnier concerned that talks have gone "backwards”
Nothing new in the three "non-papers", which repeat positions set out by Frost over last month - and that is seen as a backwards step. Barnier hoping to hear more from Barclay today - but not holding his breath
JP, shorts getting quite bothered by +ve newsflow but maybe weekly kijun by 12615 can cap with a stop abv 1.2670 fib if u must short. many bought 1.24 but many also did not so 1.25 becomes new base and bids will start from 1.2520. eu always said backstop non negotiable but now they have said if can be peplaced with something else equally effective than ok. its a small step and a sideways one, but remember good news is good news and bad news is also good news for now.
Richland Mailman 06:22:02 GMT - 09/20/2019
This 1.2580 is a resistance zone. Let's see.
Mtl JP 23:33:51 GMT - 09/19/2019
robot looking for ~120pips south
red line approximate target
sl above the high
London Trader 09:49:34 GMT - 09/19/2019
Watch eurgbp as it is continues to influence eirusd and gbpusd
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