GU back to M5 average now at 2258. Decision point.

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GU has closed above EMA 500/M15 but also below EMA 200/M30. Dicey. PA can go either way. We cross our fingers

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The market is already steaming without the news. At present PA is near to 2238 (EMA 200/H4) and 2235 (H4 average): potential retracement zone. Bears beware

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The market is swinging. Explanations later though you sound pugnacious

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GU is now at the M5 average: 2268. Let’s see if we shall obtain the bear support here, in which case we head south or whether the bulls will take over

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The bearish RSI divergence on D1 has done its job of getting a minimum of 100 pips. Let us see what happens from here

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GU is posting a bearish RSI divergence on H4. In effect, once we are through with the current bull run, GU will plummet by, at least, 50 pips. Meanwhile, we wait to see whether the mid BB of H4 currently at 2219 will halt the bulls

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Yes, it is one of the most volatile and unpredictable pairs in forex but you are assured of pips on a daily basis. Once you have a hang on it, you can always make 50 pips daily

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At last, it's like we now have a proper M5 run in GU with bull support at 2177

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Aki, have you joined the bullish GU train yet? Also, EU is on the march

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H4 re-prints the RSI bullish divergence. Who says GU is not going up. Barring any tweets and sneezes, 2223 here we come at the first instance

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GU bulls have now taken out the old H1 average swing lo at 2171. Their next target is the old H1 average swing hi at 2190 before a similar swing hi at 2210. 2252 is the next old Average swing hi but I feel that the mid BB on H4 at 2223 will have a ...

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GU bulls have now taken out the old H1 average swing lo at 2171. Their next target is the old H1 average swing hi at 2190 before a similar swing hi at 2210

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It's like GU has gotten the figure it is looking for southwards: the old H1 average swing hi at 2164. So, the bulls are likely to be back henceforth

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The RSI divergence on M15 is saying that the next trip belongs to the bulls

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The RSI divergence on H4 should take GU to 2223 (mid-band of BB) for starts.

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LO has just given us a 34-pip band to play with. So, let's see what gives from here

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GU is still on indecisive mode. London is appearing in the next 15 minutes and hopefully we shall get some action

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In GU, the M5 run has produced 28 pips. Now that PA has kissed the D1 average at 2245, maybe we can now get the bull support on M5 that will propel us beyond the old H1 average at 2252. Alternatively, PA might want to get to 2252 first before giving ...

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Wish to inform the house that GU is now posting a bullish RSI divergence on H4. The previous H4 bearish divergence off 2292 has yielded 60 pips and appears to have done its job. So, bears beware

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