As expected GBP reached 1.40 level yesterday. I was thinking that it may reject this area which it did with impeccable timing from bad UK news this morning at 7am. Pullback finished around 1.3910 about an hour ago. I did place a cheeky long position at 1.3910 which the expectations it will continue up from here. Its Friday - be careful as sometimes Cable likes...
Almost immediately after CME closed at Friday's bell, the weekend fackery began! Bitcoin saw a steep decline off current resistance from $8500 and is picked up at support above $8200. BTC currently trading above $8300. Without 4h closures below $8200 this weekend, look for a gap fill come Sunday/Monday/Tuesday/(?) when the real traders take the helm. At this...
This bearish count will most likely happen if there's no major PUMP within the next 48 hours