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Cable Update (GBPUSD)

  • #458,021
  • Feb 23, 2018 1:09am Feb 23, 2018 1:09am
Quoting Trade-G
{quote} Back to 1.3970 region, larger timeframe trendline support tested and hold on daily. Looking for clues on the lower timeframe, as long as 1.3922-30 region hold as support, looking if current setup will result in an upswing. failure of support may result to 1.3900 region being tested again and then 1.3800
Now testing 1.3930 region
  • #458,022
  • Feb 23, 2018 1:13am Feb 23, 2018 1:13am
Hello Traders. Its been a while but I'm back. Feels good to be back in the cable thread and I can see I'm in good company here.
I'm high on trading, cant you tell?
  • #458,023
  • Feb 23, 2018 1:22am Feb 23, 2018 1:22am
Quoting Sammih
Hello Traders. Its been a while but I'm back. Feels good to be back in the cable thread and I can see I'm in good company here.
Hi hi, nice to see you... am rather new here
  • #458,024
  • Feb 23, 2018 1:41am Feb 23, 2018 1:41am
1.3922 to 30 zone reached, lets see how it reacts here...
  • #458,025
  • Feb 23, 2018 1:53am Feb 23, 2018 1:53am
Quoting Trade-G
1.3922 to 30 zone reached, lets see how it reacts here...
3929 was where the 1 hour found bull support. I have been expecting 4031 since yesterday but it only made it half way.

I am watching for a break of this range
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  • #458,026
  • Feb 23, 2018 1:56am Feb 23, 2018 1:56am
Quoting Nala66
{quote} 3929 was where the 1 hour found bull support. I have been expecting 4031 since yesterday but it only made it half way.
Ok great lets wait together, in position and targeting 1.4000 at least
  • #458,027
  • Feb 23, 2018 2:04am Feb 23, 2018 2:04am
Ut Oh the 1 hour just found bear support down she goes... could be 3850
  • #458,028
  • Feb 23, 2018 3:50am Feb 23, 2018 3:50am
GBP looks good for a long term short if and when it meets the weekly high.
There is a daily trendline there.
There is divergence with sister pair Euro/Usd.
And also a strong resistance from the 08.02 Hi-Low. Market has good memory, remembered this level on 16.02. It`s safe to use this level as S/L.
Hope it gets up there. High probabilty trade if so.

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  • #458,029
  • Feb 23, 2018 3:57am Feb 23, 2018 3:57am
Quoting Trade-G
{quote} Hi hi, nice to see you... am rather new here
Hi, nice to see you. I've always found good company on FF whenever I'm trading. Great to see its as active as ever.
I'm high on trading, cant you tell?
  • #458,030
  • Feb 23, 2018 4:04am Feb 23, 2018 4:04am
Quoting Sammih
{quote} Hi, nice to see you. I've always found good company on FF whenever I'm trading. Great to see its as active as ever.
Great! What's the weekly high?
  • #458,031
  • Feb 23, 2018 4:05am Feb 23, 2018 4:05am
Quoting Trade-G
{quote} Ok great lets wait together, in position and targeting 1.4000 at least
Zoomed to 1.3994, and I am out, the breakout is not as expected.... anyhow FF seems to suddenly freezed lol....
  • #458,032
  • Feb 23, 2018 4:07am Feb 23, 2018 4:07am
My sentiment is bullish on this pair. We have a bullish trend line on the pair, last touch point at 3900 or there abouts. The significant support for now IMO is 3910. I think the market is ripe for a buy market order.

I expect resistance at 1.4 but should we break that, I'm looking at 4080 followed by 4130.
I'm high on trading, cant you tell?
  • #458,033
  • Feb 23, 2018 4:10am Feb 23, 2018 4:10am
1.3988 needs to be cleared for any upside.... am done for the day.... best to all....
  • #458,034
  • Feb 23, 2018 4:14am Feb 23, 2018 4:14am
Nice bullish setup on the lower timeframe lets see
  • #458,035
  • Feb 23, 2018 4:21am Feb 23, 2018 4:21am
Anything below 1.3960 region will seem to lack conviction, if it goes sideways too long, it also may not be a good thing..... cheers all
  • #458,036
  • Feb 23, 2018 4:47am Feb 23, 2018 4:47am
Quoting Sammih
My sentiment is bullish on this pair. We have a bullish trend line on the pair, last touch point at 3900 or there abouts. The significant support for now IMO is 3910. I think the market is ripe for a buy market order. I expect resistance at 1.4 but should we break that, I'm looking at 4080 followed by 4130.
Agree, but I look and trade the lower timeframe thus.....
  • #458,037
  • Feb 23, 2018 4:52am Feb 23, 2018 4:52am
The Pound is going up today, it's looking good.
  • #458,038
  • Feb 23, 2018 5:07am Feb 23, 2018 5:07am
There you go a push down to 1.3903, hope the support 1.39220 region have teeth
  • #458,039
  • Feb 23, 2018 5:10am Feb 23, 2018 5:10am
WTF ? lost 50 pip in 10 seconde..... and then rise up..... someone know what MPC Member Ramsden is going to say....
  • #458,040
  • Feb 23, 2018 5:11am Feb 23, 2018 5:11am
Quoting Trade-G
{quote} Zoomed to 1.3994, and I am out, the breakout is not as expected.... anyhow FF seems to suddenly freezed lol....
A failure of H1 breakout
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