Cable Update (GBPUSD) | Page 22856 | 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)

  • #457,101
  • Dec 16, 2017 3:05pm Dec 16, 2017 3:05pm
I put something similar up a few weeks ago, so far so good, ive been waiting for the retest of that low. it should be a big candle similar to the one i've pointed out. but more towards being a bullish hammer. newtons quote apply's here, " For every action, there is an equal and opposite reaction" it will be fairly equal, but on the opposite side of the high. in order to continue up.
Attached Image (click to enlarge)
Click to Enlarge Name: 2.PNG Size: 114 KB
  • #457,102
  • Dec 17, 2017 5:08am Dec 17, 2017 5:08am
MN bull engulf in control, waiting for new daily valleys for long continuation

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 101 KB
  • #457,103
  • Dec 17, 2017 7:40am Dec 17, 2017 7:40am
What does everyone think about the weekly downtrend line?
Attached Image (click to enlarge)
Click to Enlarge Name: usdgbp.jpg Size: 200 KB
  • #457,104
  • Dec 17, 2017 8:14am Dec 17, 2017 8:14am
Will the passing of the Tax Bill on Tuesday ( or before Christmas ) strengthen the Dollar and dump GBP?

Several support levels around 3200-3280....
  • #457,105
  • Dec 17, 2017 8:38am Dec 17, 2017 8:38am
Quoting Starcraftmaz
What does everyone think about the weekly downtrend line? {image}
Triangle.
Down breakout?
Parity

We'll I'm just modest 1.25 1.16 target.
Beware of robber banks (RB), bad advisors.
  • #457,106
  • Dec 17, 2017 8:42am Dec 17, 2017 8:42am
Quoting Not-KPMG
{quote} Triangle. Down breakout? Parity We'll I'm just modest 1.25 1.16 target.
those targets are out of whack - this will require a total collapse. Having said that daily does show signs of weakness and 3260-3280 is the key.
If this cracks GU can sink 300-400 points. For now bulls will defend this zone.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 27 KB
  • #457,107
  • Dec 17, 2017 8:44am Dec 17, 2017 8:44am
Quoting pohchuan
Will the passing of the Tax Bill on Tuesday ( or before Christmas ) strengthen the Dollar and dump GBP? Several support levels around 3200-3280....
dips bought near 3260-80 are a safe bet this week. GU won't flush without at least another re-test of highs near 3480-3520. They always pump before flushing.
  • #457,108
  • Dec 17, 2017 8:44am Dec 17, 2017 8:44am
Pls anybody give me the link so that I can know the market open price. Thanks in advance
  • #457,109
  • Dec 17, 2017 12:35pm Dec 17, 2017 12:35pm
Lets see how much lower we can play whilst avoiding the odd rogue statement here and there lol ..
132 800 and looking North - called Friday am before the sell of course ..
Mindfull of bullshit traders thats just logical ..
  • #457,110
  • Dec 17, 2017 12:47pm Dec 17, 2017 12:47pm
Quoting Shakhir
Pls anybody give me the link so that I can know the market open price. Thanks in advance
http://www.xe.com/currencyconverter/...rom=GBP&To=USD
  • #457,111
  • Dec 17, 2017 1:32pm Dec 17, 2017 1:32pm
Quoting Shakhir
Pls anybody give me the link so that I can know the market open price. Thanks in advance
https://www.bloomberg.com/quote/GBPUSD:CUR
  • #457,112
  • Dec 17, 2017 1:43pm Dec 17, 2017 1:43pm
I attach the Volatility Response Model (VRM) predictions for tonight and tomorrow until 5 pm New York time.

Please see my previous posts for the attached document charts-01.pdf which describes the format of these charts. Results will be posted tomorrow after New York close.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.PNG Size: 59 KB
  • #457,113
  • Dec 17, 2017 8:01pm Dec 17, 2017 8:01pm
Although the pair strong bearish trend seems slow down, but with uncertainty on Brexit, I'm expecting further decline towards below support level 1.3300.
  • #457,114
  • Dec 17, 2017 8:44pm Dec 17, 2017 8:44pm
Hello fellow traders,

Still expecting a higher high on h4 until 1.3220 is broken.

Thanks

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 38 KB
"The markets can remain irrational longer than you can remain solv
  • #457,115
  • Dec 17, 2017 10:59pm Dec 17, 2017 10:59pm
looks like 1.3 still in play for daily chart...
Bismillah
  • #457,116
  • Dec 18, 2017 12:19am Dec 18, 2017 12:19am
Inserted Video
  • #457,117
  • Dec 18, 2017 1:06am Dec 18, 2017 1:06am
Holding above 1.3343 is a good for next station 1.3365 / 1.3375. Open buy transaction last friday at 1.3308 and take a profit 1.3410. Let's see
  • #457,118
  • Dec 18, 2017 3:00am Dec 18, 2017 3:00am
Watching 3384 area for bearish signs down to support
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 26 KB
Come with me if you want to live....
  • #457,119
  • Dec 18, 2017 4:55am Dec 18, 2017 4:55am
I assume that the price will continue descending to the point of 1.32481. And it will test support here. But price, can pass half of this way down and make a reverse toward the resistance to the point of 1.34165.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_STPH4.png Size: 29 KB
  • #457,120
  • Dec 18, 2017 5:06am Dec 18, 2017 5:06am
I am seeing something a bit different. The price action is in a consolidating mode. Technically, the bigger picture is still in favour of bulls; just look left and see how the trend has moved before the consolidation or correction you are seeing. You may also check the D1 time frame for technical context.

I may be wrong. Trade safe and prosper.

KP

Quoting Zakhar13
I assume that the price will continue descending to the point of 1.32481. And it will test support here. But price, can pass half of this way down and make a reverse toward the resistance to the point of 1.34165. {image}
Do your homework, follow the footprints of smart money
424 traders viewing now