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-   -   Cable Update (GBPUSD) (https://www.forexfactory.com/showthread.php?t=10378)

navk Jun 20, 2019 9:31pm | Post# 481901

{quote} If above 1.2750 is bull day. Target 1.30 or 1.26.
I do not see a bullish momentum before pull back.

even if it breaks 2727, not much to go up.

for me, 2727 is 4 hr resistance.

And I see a daily resistance for today

Gilaforex13 Jun 20, 2019 9:33pm | Post# 481902

{quote} I do not see a bullish momentum before pull back. even if it breaks 2727, not much to go up.
Yups, i agree with you. Bull need big power to break 1.2750 because next target 1.30. Its too far.

navk Jun 20, 2019 10:02pm | Post# 481903

{quote} Yups, i agree with you. Bull need big power to break 1.2750 because next target 1.30. Its too far.
yes, 2742 to 2750.

rkr81 Jun 20, 2019 10:15pm | Post# 481904

Have taken first short for today at 1.2722 target 1.2681.

zilo Jun 20, 2019 11:30pm | Post# 481905

buy limit at 1.2685

Moty Jun 21, 2019 12:50am | Post# 481906

2 Attachment(s)
Double top on the top of the descending channel.
I hope it will bring me atleast to my break even .
Click to Enlarge

Name: New Doc 2019-06-21 07.49.38_1.jpg
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Name: New Doc 2019-06-21 07.44.08_1.jpg
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Moty Jun 21, 2019 12:56am | Post# 481907

1 Attachment(s)
The main event, price against ema h&l.band
Click to Enlarge

Name: New Doc 2019-06-21 07.55.21_1.jpg
Size: 96 KB

Gilaforex13 Jun 21, 2019 12:58am | Post# 481908

1.26800 is very important support. Break or hold? If break go to 1.2600, if hold go to 1.2750.

navk Jun 21, 2019 1:02am | Post# 481909

now, from 2698 to 2750.

Gilaforex13 Jun 21, 2019 1:03am | Post# 481910

now, from 2698 to 2750.
Buy pressure or bear pressure?

navk Jun 21, 2019 1:08am | Post# 481911

{quote} Buy pressure or bear pressure?
2698 i took long.

should not drop below 2690

navk Jun 21, 2019 1:15am | Post# 481912

1 Attachment(s)
here.

tp 2750
Click to Enlarge

Name: GBPUSDM1.png
Size: 24 KB

Bones Jun 21, 2019 1:17am | Post# 481913

the system says long for the mo
momentum is up and quite strong, but that high is the current roadblock
if it breaks the high and closes it won't stop
this momentum up is stronger than that sell off down
but also mostly within the range
just sayin the bottom of range failed outright on D1

The main event, price against ema h&l.band {image}

Bones Jun 21, 2019 1:22am | Post# 481914

1 Attachment(s)
Click to Enlarge

Name: New Doc 2019-06-21 07.55.21_1.jpg
Size: 113 KB

Bones Jun 21, 2019 1:25am | Post# 481915

1 Attachment(s)
It would go some distance if it could take the problem we're looking at
I don't know if it can do it in one bit like that
Click to Enlarge

Name: GBPUSD-Weekly.png
Size: 19 KB

Gilaforex13 Jun 21, 2019 1:30am | Post# 481916

{quote} 2698 i took long. should not drop below 2690
Bear still win.

navk Jun 21, 2019 1:34am | Post# 481917

{quote} Bear still win.
to me, it will not drop below 2690.

my stop 2689

Bones Jun 21, 2019 1:39am | Post# 481918

1 Attachment(s)
over next week it's very difficult to recover this on USD
Click to Enlarge

Name: Screenshot 2019-06-21 at 06.38.10.png
Size: 66 KB

blackjacker Jun 21, 2019 1:48am | Post# 481919

1 Attachment(s)
SP 500 is just a step below 3000, I wonder if we are going to see wild Friday. Also DXY bearish, Gold climbing last time it went above 1400 was 2013, eurgbp print bearish signals, eurusd is setting up to break EMA26. Too many signals I would say. Here is eurusd.
Click to Enlarge

Name: weekly.png
Size: 17 KB

okosodo Jun 21, 2019 1:49am | Post# 481920

over next week it's very difficult to recover this on USD {image}
Probably officially an uptrend by next week, this means that the cable might be achieving new lows for the decade by next week. Time will tell


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