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Why is GBPUSD called cable? 67 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting Jolita
{quote} Daily candle close higher - short term buy Weekly candle closed lower - buy beginning of the week, sell by the end? Candles are bearish on Dxy, sell from top. If Dxy continues lower, pound will get strong

dxy is often weak in the 1st quarter to give investors to buy DIP that bring us to gold we could see drop also ... without any news such as that of covid or country terrorist attack

Gu is currently at bottom channel meaning we should see a bounce not more than 135-136 for next round of sell but GU in 1st quarter of 2022 i think 138
I NEVER LOSE/=I EITHER WIN OR LEARN
Quoting Jolita
{quote} Previous strong support turned in to resistance, this green candle is melting away. We might close week and month bearish.. Definitely will rise before Dec 6th (BOE rate announcement). Had a few small sells underwater, which turning positive. Crazy day. Time for a bike ride to school. {image}
Yea exactly was watching this zone for the melt could have held longer in hindsight
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Why GBPUSD was not part of friday 11/26/2021v big moves?
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weekly we have closed right on the supportline 3331, but the reaction was a bit weak for my taste.
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I know that you and I know nothing.
monthly we have a supportline at 3258, so still downward potential for next week.

and the pattern is still bearish the 6th month in a row.
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I know that you and I know nothing.
Quoting Entuculo
Why GBPUSD was not part of friday 11/26/2021v big moves? {image} {image}
GBP and USD both weakened on Fri then recovered a bit at the same time

Their relative strength needs to be opposite for a big move
Quoting Entuculo
Why GBPUSD was not part of friday 11/26/2021v big moves? {image} {image}
Because i am positioned long We will see 13543 eventually
Guardian Angel
Two Clocks All Time Return: -16.3%
Vaccinated


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Guardian Angel
Two Clocks All Time Return: -16.3%
Anyone checked the weekend rates? GU weekend rate on ig has tanked a fair bit. Be interesting to see if we open with a big gap
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Quoting BeeTogether
Anyone checked the weekend rates? GU weekend rate on ig has tanked a fair bit. Be interesting to see if we open with a big gap
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Guardian Angel
Two Clocks All Time Return: -16.3%
Gbpnzd has reached top. We should see it pullback down to circle and then skyrocket. This means that a gbp has locked in and thus all gbp will turn temporarely. My opinion.

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Guardian Angel
Two Clocks All Time Return: -16.3%
maybe Gap down on sunday evening..
gu now 1.3309
I NEVER LOSE/=I EITHER WIN OR LEARN
Quoting donfriday
maybe Gap down on sunday evening.. gu now 1.3309
not seen this level of drop for a while
Quoting BeeTogether
Anyone checked the weekend rates? GU weekend rate on ig has tanked a fair bit. Be interesting to see if we open with a big gap {image}
can you see if GN has dropped. im expecting big drop incoming for GN
@tt
Quoting mysterio
{quote} Yea exactly was watching this zone for the melt could have held longer in hindsight {image}
What is the significance of the candles chosen for the 50% zones? The lower one is an inside bar. Can't determine the upper one.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
Quoting T721
{quote} can you see if GN has dropped. im expecting big drop incoming for GN
Doesn’t seem to be a weekend GN pair
Quoting T721
{quote} can you see if GN has dropped. im expecting big drop incoming for GN
https://www.xe.com/currencycharts/?f...to=NZD&view=1D
Guardian Angel
Two Clocks All Time Return: -16.3%
Drawings
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Breakout and retest (xx times) ┐( ∵ )┌ I was expecting one retest, but the price just slides down
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