Cable Update (GBPUSD)

Hi FX Beginner
Your report is exceptional and remarkable.
I think everyone should read it.
Very well Master and Thank you so much.
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Comparisons : 2017/12/06 - 21017/12/22.

Double click image for full view.

Note: Charts not MT4 - no time for questions.

Time: GMT (0)
Purple: 00:00
Dark Blue: 08:00
Light Blue & Green: 12:30, 13:30 & 14:30 (major US news release and US open)
Orange: Personal reference - no related to trading.
Double Red: 21:30/22:00 (swaps/rollover)

don't try to trade the pound on the short side this week. Overall, under heavy accumulation, strong floor @ 3300. Mid-term (next 8 weeks) super heavy floor @ 3200 if you get this price buy as much as possible, cause 3800-3900 is coming by mid March 2018.

No more posts from my side in this thread, I will be posting weekly trade setups in my own thread every Sunday.

Thanks for the tips.
Merry Christmas and Happy holiday!

Nice small swing down thereafter

I attach the VRM predictions for GBPUSD for tonight and tomorrow finishing 5 pm 27th December in New York.

A description of the algorithm and format of the attached chart can be found in my previous posts in this thread.

For anybody interested in predictions for other FX pairs just follow the link at the end of these two documents.

I say pending short at 1.3370 target 1.3225 with a pending buy stacked on top of it. good luck.

Cable going crazy the last 2 days.

Hey! I'm bullish all the way for the moment. H4 Bias remains bullish provide the last week;s low is not violated.

Last night I attached the predicted support and resistance levels of GBPUSD of the Volatility Response Model (VRM) for today. Here are the results. Weekly levels in the top 30 minute chart, daily levels in the bottom 30 minute chart. Times are GMT-4 . EMA channel (4,7) included.

Daily level 1.3372 was the day's low before rising to daily level 1.3432. There were some large gaps between levels.

Predictions for tonight and tomorrow to follow shortly.

I attach the VRM predictions for GBPUSD for tonight and tomorrow finishing 5 pm 28th December in New York.

A description of the algorithm and format of the attached chart can be found in my previous posts of this thread.

For anybody interested in predictions for other FX pairs just follow the link at the end of these two documents.

On a week view[using H4]-that is till Friday Dec 29th. I did stick out with Bullish Bias. The volatility of GU seem to be on the slow though. An H4 violation of 1.3300 would change the outlook.

This could be the top before the drop good luck.

I agree. Price hitting 1.3420 zone should actually mark an initial pullout. We should pull out some lots now and trail stop. A successful violation of that zone would see cable pushing for further high into next week or could just experience a sideway movement. Bravo!

the weak shiatty usd isnt helping.

Scalp long out before last hour closing.... from the looks of it looks primed for further upside, tight stops pls...

This is the spot to watch for Uber shorts to 1.32