Cable Update (GBPUSD) | Page 22935 | 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)

  • #458,681
  • Mar 21, 2018 7:45pm Mar 21, 2018 7:45pm
significant open number
today
Attached Image (click to enlarge)
Click to Enlarge Name: 2045 GBPUSD-Daily.png Size: 42 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,682
  • Mar 21, 2018 7:50pm Mar 21, 2018 7:50pm
Attached Image (click to enlarge)
Click to Enlarge Name: 2050 GBPNZD-4-hours.png Size: 24 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 22 GBPNZD-4-hours.png Size: 27 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,683
  • Mar 21, 2018 8:03pm Mar 21, 2018 8:03pm
Potential short term sell zone for a bit.
Watching PA.
I reckon any drops will be good discounts for bulls.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 22 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 24 KB
Come with me if you want to live....
  • #458,684
  • Mar 21, 2018 8:11pm Mar 21, 2018 8:11pm
Cable won't do anything until tomorrow.
  • #458,685
  • Edited 8:52pm Mar 21, 2018 8:15pm | Edited 8:52pm
Quoting Bones
whats the $ news {quote}

In accordance with Trump message's (Long time ago) : "Make $ US Dollar the Weakest Currency to be competitive and stay Survive in the World"

The point is that the Economic Crisis 2008 didn't Happen again

This mandate will definitely run Powell later...


But... It's been Almost 10 years Now ??? It Not Enough for Recovery ?
Are they Accustomed to Crisis ?
Always looking the GREAT, never left GOOD Point...
  • #458,686
  • Mar 21, 2018 8:39pm Mar 21, 2018 8:39pm
Quoting Tsar
{quote} Today... All News Reported is Support for Bullish GBP News is Positive Reported USD News is Negative Reported It just Wait FOMC News later... We already know the Leakage of that's News

Cable in H4 Chart will try Broke the Price 1.40885 as Resistance. After Broken, she has Clean Up previous Bearish Candle.

And the Next go Daily Chart, Price 1.4100 as Key point (Calculation by 2 Body Crosses) and Above in Price 1.41458


Daily Chart

Fed hikes rates and raises GDP forecast again in CNBC

...
Attached Image (click to enlarge)
Click to Enlarge Name: _20180322_073621.JPG Size: 180 KB
Always looking the GREAT, never left GOOD Point...
  • #458,687
  • Mar 21, 2018 9:59pm Mar 21, 2018 9:59pm
taking a bit of correction

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot - 22_03_2018 , 9_57_42.png Size: 22 KB
  • #458,688
  • Mar 22, 2018 12:36am Mar 22, 2018 12:36am
Quoting Tsar
{quote} In accordance with Trump message's (Long time ago) : "Make $ US Dollar the Weakest Currency to be competitive and stay Survive in the World" The point is that the Economic Crisis 2008 didn't Happen again This mandate will definitely run Powell later... But... It's been Almost 10 years Now ??? It Not Enough for Recovery ? Are they Accustomed to Crisis ?
Trump also said, this year:

"The dollar is going to get stronger and stronger and ultimately I want to see a strong dollar,"
  • #458,689
  • Mar 22, 2018 12:55am Mar 22, 2018 12:55am
Quoting Violenteer
{quote} Trump also said, this year: "The dollar is going to get stronger and stronger and ultimately I want to see a strong dollar,"

When He said like that ?
And Where ?

Quote
The United States runs a hefty goods trade deficit with China of $375 billion.

Check this INFO :
Trump set for China tariff announcement on Thursday, trade war fears grow in Reuters
Always looking the GREAT, never left GOOD Point...
  • #458,690
  • Mar 22, 2018 1:06am Mar 22, 2018 1:06am
GBPUSD for today
Attached Image (click to enlarge)
Click to Enlarge Name: 22.03.jpg Size: 180 KB
  • #458,691
  • Mar 22, 2018 1:20am Mar 22, 2018 1:20am
Quoting Nala66
and can often double the account in one day, as happened yesterday. {image}
good, but be careful....if you continue down that road, you might become rich, and that's no walk in the park....
Look Sharp/Trade Tight
  • #458,692
  • Mar 22, 2018 1:21am Mar 22, 2018 1:21am
My view on GBPUSD
http://www.electoo.com/?p=36
  • #458,693
  • Mar 22, 2018 1:24am Mar 22, 2018 1:24am
Quoting Tsar
{quote} When He said like that ? And Where ? {quote} Check this INFO : Trump set for China tariff announcement on Thursday, trade war fears grow in Reuters
https://www.cnbc.com/2018/01/25/doll...-stronger.html
  • #458,694
  • Mar 22, 2018 2:09am Mar 22, 2018 2:09am
Quoting Nala66
{image}
What does the blue high lighted section on the rsi 5 indicate to you?
  • #458,695
  • Mar 22, 2018 2:47am Mar 22, 2018 2:47am
The weaker than expected inflation in February had briefly caused doubts on the market about an imminent Bank of England rate hike. But the doubts were already cast aside by improved wage data yesterday. What matters now is that the BoE will confirm market expectations today. The central bankers would have every reason to come across more optimistically. So far the economy seems robust and inflation remains above target. Only the Brexit negotiations entail the most significant risk for the future development of the British economy. After all the old EU principle still applies: nothing has been agreed until everything has been agreed. As a result markets assume that the BoE will not take too clear a stance. Yes a further rate hike in May is possible, but any more, i.e. anything to provide sustainable support for Sterling, seems unlikely in view of the continued Brexit uncertainty...
  • #458,696
  • Mar 22, 2018 3:16am Mar 22, 2018 3:16am
Qtr break ends..... I took a peep into the long term chart to see how Cable fares and this is what I see (I may be wrong) but do give me your views.

From 1996 to 2016 about 20 years it stayed supported at the cyan-blue region until the 2016 Brexit saw it crashing down. Now its back to the region of the then support now (possibly) turned resistance, I mean after the 20 years that broke it, I personally do not think the current test is going be anything but a test (but that's my opinion)....

Since 1980 to 1985 it's been an inside ranging 2.4460 to 1.0350, and 1.3880 being the point of reference, its crucial to know that if that region stays resistance, the low of 1.0350 is real.....

But its anybody's guess how it may pan from here, so am looking for clues from H4 onwards as this will be the big fellas game.... 1.3880 Line and region needs to be respected....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-w1.png Size: 39 KB
  • #458,697
  • Mar 22, 2018 3:28am Mar 22, 2018 3:28am
Plonk in some lines.

There is a long term down trendline from 2007-2014, there is a possibility this year its going to drag itself within the blue circled region, possibly sideway action. In any case 1.49xx to 1.45xx stays capped its going to be bad.... but of course if it decides to break the down trendline then by all means.

See red line in the triangulation from 2013 to 2016, it broke down instead and the trendline support is now the resistance, well if its strong willed it can possibly stays within the blue circle until direction is set....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-w1-2.png Size: 43 KB
  • #458,698
  • Mar 22, 2018 3:45am Mar 22, 2018 3:45am
Quoting PayTheLimit
{quote} good, but be careful....if you continue down that road, you might become rich, and that's no walk in the park....
Not much chance of becoming rich since I withdraw and pay myself monthly. Still it is a good living and plenty enough for me at my age.
  • #458,699
  • Mar 22, 2018 3:45am Mar 22, 2018 3:45am
Of course the Day chart looks good, nice breakout from the TL
  • #458,700
  • Mar 22, 2018 3:46am Mar 22, 2018 3:46am
Quoting Trade-G
Of course the Day chart looks good, nice breakout from the TL
Sorry decided to delete this chart....
355 traders viewing now