Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#725,601
Feb 2, 2023 6:28am Feb 2, 2023 6:28am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,004 Posts

12280 still the bouncer

Insane in the Brain..

#725,602
Feb 2, 2023 6:28am Feb 2, 2023 6:28am

Elysion
Joined Sep 2022 | Status: Trader | 2,296 Posts

Quoting Headland

Disliked

...pot supp zone to 2262 under attack again, below that and coexistent with it a pot supp zone to 2254. 4hr below {image}

Ignored

Watching closely as I entered a bit of long trades :3
Currently moving back upwards I presume.

Exhausted

#725,603
Edited 6:46am Feb 2, 2023 6:29am | Edited 6:46am

dantpm
Joined Aug 2022 | Status: Trader | 4,859 Posts

Quoting DubaiFX

Disliked

Hey Waoo, what a Move i Missed my sell 1.2400 Fujjjj.. anyways for now its 1.2280 must be Closed below and stay below in 30M candle it will go down to 1.2210. Good Luck Guys. Market is Crazy.. but Down Move Looks Likely to be Continued Specially if BOE is Not Hawkish, that is for sure, lets see what the Meeting minutes say..

Ignored

Doesn't look like it wants to give it to you.

Edit Whoops maybe it does...

#725,604
Feb 2, 2023 6:30am Feb 2, 2023 6:30am

Headland
Joined Apr 2020 | Status: Trader | 8,804 Posts

...this is the 4th 4hr attack on this prev 1hr/4hr/minor dly sw lo zone that extends down to 2262, = prev supp = pot supp.

1hr below

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 21 KB

Trader with an Edge.

#725,605
Feb 2, 2023 6:30am Feb 2, 2023 6:30am

maxi444
| Joined Jan 2012 | Status: Trader | 764 Posts

Quoting SnailFX

Disliked

{quote} Good job! Keep going!

Ignored

GU was good to sell today, probably after yesterday's high, maybe later it will be good to buy too, I'm not sure !!!

#725,606
Feb 2, 2023 6:30am Feb 2, 2023 6:30am

Limying
| Joined Sep 2022 | Status: Trader | 47 Posts

prices may move higher later, keep watching it

#725,607
Feb 2, 2023 6:31am Feb 2, 2023 6:31am

Elysion
Joined Sep 2022 | Status: Trader | 2,296 Posts

Quoting SnailFX

Disliked

{quote} I'm afraid if Pound drops that low, it would be a miracle Pound recovers once more to 1.24 especially due to the news from UK. Who knows.. I had some feeling they were testing 1.24 many times to confuse the people that price cannot break this level and the price storming through this R like nothing, but that thinking was wrong. There was actually a ton of pressure coming from up there in the end.. I thought.. why give people this many chances to Short from 1.24 right if this is the high of near the high? The ways of the market..

Ignored

MM baiting more sells from the top so they can buy more and breach it easily and upwards.
My indicator in daily chart suggests we should be moving upwards. My stoch is still in OB zone, strong pressure to upside. I can be wrong tho.

Exhausted