Cable Update (GBPUSD) | Page 22664 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #453,261
  • Jun 23, 2017 7:12am Jun 23, 2017 7:12am
Quoting Ill-b-back
{quote} 2736ish is a spot I'm watching to look for reasons to short
If we don't get significant bearish PA here, then I think shorts might be waiting around 2870 area, just above the recent daily tops
Come with me if you want to live....
  • #453,262
  • Jun 23, 2017 7:58am Jun 23, 2017 7:58am
Quoting 1GoodTrade
Hi, I'm posting here again what was my GBP/USD forecast at the beginning of the week: {image} This is how it looks now: {image} Regards, 1GoodTrade --------------------- Follow me on twitter: https://twitter.com/Daytrader213
Nice charting great to see a trader just standing by his trades
Looks like that' s a marketscope chart ?
  • #453,263
  • Jun 23, 2017 9:06am Jun 23, 2017 9:06am
If 1.2770 isn't a target at all, things look much clearer as there isn't any significant target above that level...... which only points to the scenario that numbers below will get filled.
  • #453,264
  • Jun 23, 2017 9:33am Jun 23, 2017 9:33am
What a good day to me. i hope same to you all. Cheers.
SVT refer to mql5 link
  • #453,265
  • Jun 24, 2017 12:28am Jun 24, 2017 12:28am
Cable in Weekly Chart...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CABLE Small Harmonic Weekly 2017-06-24.jpg Size: 941 KB
Click to Enlarge Name: CABLE Big Harmonic Weekly 2017-06-24.jpg Size: 869 KB
Always looking the GREAT, never left GOOD Point...
  • #453,266
  • Jun 24, 2017 4:46am Jun 24, 2017 4:46am
Quoting dean1star
{quote} Nice charting great to see a trader just standing by his trades Looks like that' s a marketscope chart ?
Thanks!

The charts I'm using are from Tradingview

Regards,
1GoodTrade
---------------------
Follow me on twitter: https://twitter.com/Daytrader213
  • #453,267
  • Jun 24, 2017 5:36pm Jun 24, 2017 5:36pm
H4
[email protected]======>1.25097
Over==>1.26412====>1.27211====>1.27900

Quote
The British pound had a quiet session on Thursday as we continue to see the 1.26 level for support. I believe that the 38.2% Fibonacci retracement level has of course offered a significant amount of support, and ultimately, we could bounce to the 1.28 level. If we did breakdown below the 1.26 level, the market probably goes looking for the 50% Fibonacci retracement level, which is closer to the 1.25 level. Of course, there is a lot of concern when it comes to the United Kingdom and the divorce talks with the European Union, so headlights could come...
Attached Image (click to enlarge)
Click to Enlarge Name: h4.png Size: 61 KB
if you my trade,My-post analysis, subscribed to ME
  • #453,268
  • Jun 24, 2017 11:26pm Jun 24, 2017 11:26pm
Quoting Ill-b-back
{quote} If we don't get significant bearish PA here, then I think shorts might be waiting around 2870 area, just above the recent daily tops
Scratch that, looking at daily PA, I don't think there is much left in the bullish tank.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 26 KB
Come with me if you want to live....
  • #453,269
  • Jun 25, 2017 1:30am Jun 25, 2017 1:30am
Quoting Ill-b-back
{quote} Scratch that, looking at daily PA, I don't think there is much left in the bullish tank. {image}
Hard telling, would be cautious tho. Last week of the month and a quarter , monthly has bounced from a support zone after the little bear flag projection on the daily was met ,,,,, price did close above last quarters high for the week ,,, I will be watching the 2640ish area for a poke higher if given the chance ,time will tell, cheers all.
Attached Image (click to enlarge)
Click to Enlarge Name: 6 daily gbp.jpg Size: 219 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 6 monthly.jpg Size: 243 KB
  • #453,270
  • Jun 25, 2017 5:12am Jun 25, 2017 5:12am
GBP/USD is still hesitating, interesting to see what the week brings. Important events coming up.
  • #453,271
  • Jun 25, 2017 2:44pm Jun 25, 2017 2:44pm
TARGET 1.287
Attached Image (click to enlarge)
Click to Enlarge Name: tvc_e44a17c7b5dc7380b80863749052d98a.png Size: 34 KB
FREEDOM IS SECURITY.
  • #453,272
  • Jun 25, 2017 4:32pm Jun 25, 2017 4:32pm
2 gaps buy and sell
  • #453,273
  • Jun 25, 2017 4:51pm Jun 25, 2017 4:51pm
The pair start week with a small gap up. Political uncertainty remains as Theresa May has been unable to form a government until now.
  • #453,274
  • Edited 6:28pm Jun 25, 2017 6:07pm | Edited 6:28pm
On the 4 hr the bulls have found support at 270 and are now trying to break resistance at 274.

The next resistance is at 280 which would entail a break of the average also if the move is strong enough.

Long term it looks like 1.31 is on the cards now IF it can break the resistances.
  • #453,275
  • Jun 25, 2017 6:27pm Jun 25, 2017 6:27pm
My thoughts. Medium term target (approx 6 weeks) of 1.3400.
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 195 KB
  • #453,276
  • Jun 25, 2017 6:31pm Jun 25, 2017 6:31pm
Quoting Derivative92
My thoughts. Medium term target (approx 6 weeks) of 1.3400. {image}
Some nice volume confluence of the orange supply zones I have picked.

EDIT: Reason for trading first supply zone above volume/order grouping is round number preference.
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 237 KB
  • #453,277
  • Jun 25, 2017 7:10pm Jun 25, 2017 7:10pm
On the 1 hour the resistance at 2747 is holding but we are in the Asian session so maybe not much movement just yet.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 88 KB
  • #453,278
  • Jun 26, 2017 12:47am Jun 26, 2017 12:47am
Inserted Video
  • #453,279
  • Jun 26, 2017 2:22am Jun 26, 2017 2:22am
Quoting 10cents
If 1.2770 isn't a target at all, things look much clearer as there isn't any significant target above that level...... which only points to the scenario that numbers below will get filled.

This morning's move probably signals that the 1.2770,80,90 area is a target, initial suspicion was correct after all. I also have a target below at 1.2680, so my shorts are stuck in between. Hopefully the lower target gets tested first, fingers crossed.
  • #453,280
  • Jun 26, 2017 2:25am Jun 26, 2017 2:25am
Watch around 2758 on 4 hour look left if .. if it holds then to on the Sunday long and then back to 2719 area
1,011 traders viewing now, 2 are registered:
Waveskierrob
,