Seriously? GBPUSD is already at 1.35109 and RSI is screaming overbought at 73. This is just a setup for a crash, mark my words. They're pumping it to sweep the lows of everyone already in, then it'll dump. Classic manipulation. Don't be fooled by this fake bullishness.
And this whole oil price surge thing... yeah, it's probably just an excuse they'll use when it dumps. They always got some news to blame when their rigged game plays out. Just watch, this will be a dead cat bounce and then it's straight back down.
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aogunleye706PROnewbieApr 13
I mean, @james5510 you're watching the 50 SMA and pivots, that's fine. But look at this RSI. It's already way up there. Anyone with half a brain can see this is gonna retrace. These algos are just waiting to hit those stop losses above 1.35. It's a trap, pure and simple.