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

bump or dump more now its on the move
Safe to say tomorrow's NFP data has been priced in, yes?
when you can accurately predict the future, you leave nothing to chance.
BoE didn’t disappoint, more impact than FOMC, what surprised me is the level of the drop. It was a9-0 BoE in favour. Didn’t read any commentary which might give us clues to the drop and the intensity of it
sold, target 1.21
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Falling knife.....stop now
average dude treading water
Quoting Luxyus
looking on monthly TF Ma10 now located @1.3279 is pointing to cross Ma50 @1.3123. If Math isnt an opinion we could see at least a further downside of cable till 1.2320. I ll start to try some exploring buys from 1.2375. Still holding shorts from 1.3431/01 from March and 1.2722 from April.{image}
very nice, first explorer in
Adding now to underwater hard stop for all 1.2280
People don't plan to lose. They lose because they don't plan.
Quoting Georginson
This is a very crucial time... If bulls can't comfortably close today above 1.2550 or close this week above 1.2600, then bears will not hesitate to have their last push towards 1.2358... A lot of caution guys as trapping is real now that we are trading dangerously close to the potential lowest price of 2022... Risk reward favours buying but a little more pain for bulls at 1.23 cannot be ruled out.
The Bears have moved it to this level (1.2358)... This is a classical crash...
Swing and Intraday
Quoting elbert3
could be back to the 2008 crash numbers 2038
Next target 1st may 2632 - 326 =2326 !
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Not understand?never follow my analyses!
When I was introduced to trading, I was told the news are used by market makers to accomplish their goals. I was told to stay clear of RED News releases, At least an hour before the news get released, and then I can trade again an Hour after the RED rnews. Took my morning trades off and now waiting to see if GU will offer a retracement back into the range during the US session.

GBP keeps making higher peaks and usually, when a peak is formed, price will continue to trade away from that peak. What you saw yesterday during the news was that Market makers were stopping everyone out to make transition to their next target easier without the market being net heavy. I still haven't seen any signals to the downtrend being over. As always, trade safe guys, Green pips to all
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Confused right now!!
2362 to hold.

I am long. -25 pips down.
Intraday only.
I discarded my buy, not interested anymore. Don't like 22mins to H4 closing.
Anyone can buy, I will join later.

Rueing taking of my SL now lol. The bears are in control for the moment. Will look for a move back to 125 -126 in the next week before adding any more shorts
Quoting fontu
{quote} Next target 1st may 2632 - 326 =2326 !
lol the good old minus pips ,, normally used on flags ,might of just ran out of steam here ,,hedge again time
diaktifkan
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Quoting Coreg2004
{quote} update... {image}
Here is possible intraday play...
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Always trade your own plan...I don't provide trading signals.
Quoting Georginson
{quote} The Bears have moved it to this level (1.2358)... This is a classical crash...
Last time i ve seen my monthly RSI (fast) at this level was in Oct 2016. The only difference i see, a part the relative price, ( cable reached historical low of 1.1475) is in bears power, so even if i m looking for a considerable bounce from these levels it s not excluded a flash crash to 1.20.
Quoting Eren10
{image}
noted
George Soros is back shorting cable again
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
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