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Cable Update (GBPUSD)

  • #461,441
  • Jun 25, 2018 3:42am Jun 25, 2018 3:42am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDSBM15.png Size: 65 KB
  • #461,442
  • Jun 25, 2018 3:42am Jun 25, 2018 3:42am
Quoting sponge
{quote} Don't know about todays range but yesterdays low/volume suggests a repeat of it's range with target around 1.3430 area Dollar suggests the opposite
This target still in play atm, ideal if 3244 holds but we may get a deeper retrace of the range.

Some USD news out 12:30
All charts/ideas based on UK time zone
  • #461,443
  • Jun 25, 2018 3:50am Jun 25, 2018 3:50am
fooled by GU anyone?
  • #461,444
  • Jun 25, 2018 3:56am Jun 25, 2018 3:56am
Quoting SweetRevenge
fooled by GU anyone?
just scalps mate for fews pips
for me more deeper to drop before continue up
maybe i’m wrong
just for a cup of coffee...
  • #461,445
  • Jun 25, 2018 3:57am Jun 25, 2018 3:57am
Quoting akim0895
{quote} just scalps mate for fews pips for me more deeper to drop before continue up maybe i’m wrong
unfortunately you're RIGHT
  • #461,446
  • Jun 25, 2018 4:01am Jun 25, 2018 4:01am
Quoting SweetRevenge
{quote} unfortunately you're RIGHT
watching dxy..
if break below 94 level will be more upside to cabel
but if break upside its will be more deeper i hope so
just for a cup of coffee...
  • #461,447
  • Jun 25, 2018 4:16am Jun 25, 2018 4:16am
Quoting Ill-b-back
1.3250 area may well now be resistance for today for 1.32
That 1 hour spike into and rejection off resistance area, looks like a bearish sign.
Come with me if you want to live....
  • #461,448
  • Jun 25, 2018 4:25am Jun 25, 2018 4:25am
I will be buying GU if it goes below 1.3200 with SL either 1.3140 or the last low we made. target is open between 1.133 to 1.36
  • #461,449
  • Jun 25, 2018 4:33am Jun 25, 2018 4:33am
Quoting msniper
I will be buying GU if it goes below 1.3200 with SL either 1.3140 or the last low we made. target is open between 1.133 to 1.36
Ya I am also looking to buy cable long term 1.30 - 1.32 areas
  • #461,450
  • Jun 25, 2018 5:25am Jun 25, 2018 5:25am
Quoting OAPDave
{image}
Not much hope for this trade now, it will be what it will be, off to my walking football session, i will see whats the result is when i get back, think I know though
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDSBH1.png Size: 59 KB
  • #461,451
  • Jun 25, 2018 5:44am Jun 25, 2018 5:44am
no decisive price action to confirm bullish or bearish trend on this pair, may go up this week

1.316 strong support region

1.336 strong resistance region
Don't Worry Be Happy
  • #461,452
  • Jun 25, 2018 6:08am Jun 25, 2018 6:08am
Quoting OAPDave
{quote} Not much hope for this trade now, it will be what it will be, off to my walking football session, i will see whats the result is when i get back, think I know though {image}
stop is too tight, should be wider if you can afford it

you might be more safe with stop under 1.316, as that is the stronger support area
Don't Worry Be Happy
  • #461,453
  • Jun 25, 2018 6:22am Jun 25, 2018 6:22am
US news soon lets see if we get any reaction
All charts/ideas based on UK time zone
  • #461,454
  • Jun 25, 2018 6:24am Jun 25, 2018 6:24am
Quoting sponge
US news soon lets see if we get any reaction
ooops I was looking at the wrong day
All charts/ideas based on UK time zone
  • #461,455
  • Jun 25, 2018 7:00am Jun 25, 2018 7:00am
Quoting sponge
{quote} ooops I was looking at the wrong day
Got a reaction anyway lol
All charts/ideas based on UK time zone
  • #461,456
  • Jun 25, 2018 7:18am Jun 25, 2018 7:18am
Attached Image (click to enlarge)
Click to Enlarge Name: GBP.USD.TRADE.jpg Size: 65 KB
to err is human
  • #461,457
  • Jun 25, 2018 7:38am Jun 25, 2018 7:38am
Imho, the current northward disposition on the GBPUSD market is a temporary one. The bigger technical picture favours the bears. You may see a bearish reaction or sideways operation around the 1.33320 area if price action successfully breaches northward the descending trendline from the high of April 2018.

Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #461,458
  • Jun 25, 2018 7:40am Jun 25, 2018 7:40am
Quoting sponge
{quote} Got a reaction anyway lol
close my short at 1.3240(+60) open since friday
just for a cup of coffee...
  • #461,459
  • Jun 25, 2018 7:44am Jun 25, 2018 7:44am
See attached H4 chart.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H4_25th June, 2018_Tech Update.png Size: 48 KB


Quoting KeenPips
Imho, the current northward disposition on the GBPUSD market is a temporary one. The bigger technical picture favours the bears. You may see a bearish reaction or sideways operation around the 1.33320 area if price action successfully breaches northward the descending trendline from the high of April 2018. Trade safe and prosper. KP
Do your homework, follow the footprints of smart money
  • #461,460
  • Jun 25, 2018 8:05am Jun 25, 2018 8:05am
close long scalps also..
looking for short later
watching w/cup while sideline
just for a cup of coffee...
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