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Cable Update (GBP/USD) without Idiots 22 replies

Why is GBPUSD called cable? 66 replies

Cable (GBPUSD) vs Euro (EURUSD) 26 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting ChiForex
{quote} The move down before continuing little upward from 1.3210 to the indicated resistance around 1.3270 is not clean move and not good for bears because in current movement it shows that upward might not be over yet!! Story didn't end! Will be mainly stupid if GU will go to 1.3270 by tomorrow vote day..then crash down.. Anyways, all that doesn't change the entry levels indicated. Longs will start at 1.3110s, stronger at 1.3070s as month nearing to end.
H1 tf tl test & bounce ok to move forwards for new high, broken 3138 wave wise limit the bull move or ended but not necessary it work perfect , 3111 , 3093 intact still . so far it did not bull/ new tops today , may be soon to do or initiate a great failure instead! Test previous top at least !! tl breaks 3130 , test 3060 , next 2970 approximately!

eu doing good though I do not like this perfectly as subject to tank too .

usdx ok still to pullback if not tank again for any reason !! recent most movements due usdx tanking for unknown reasons !!take care , fontu
Attached Images (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 38 KB Click to Enlarge Name: #US$indx_H9H1.png Size: 31 KB Click to Enlarge Name: GBPUSDH41.png Size: 41 KB
Quoting elbert3
On your 4 hour make your chart small draw a line up from 12 Dec to 31dec price is 2825 this gives me an upper tl and 2970 area is a number to watch and you will see that on your tl That's it I am off . Have a good weekend
3090 is a possible 1st target 2860 is a fib from 15jan to Fridays top
Quoting iqyu5an
imho {image} {image}
piye tho boss, aku nduwe jemuran neng ngisor urung dikukut..lha kok iki prediksi bull-*** ....


I hope cable can be down more before FOMC At midWeek ....
Hey all...

Once again looking forward to a good session and hitting targets....
Hitting target yesterday meant sitting in front of PC for 8 hrs, getting to sleep at 2.30am then of to work at 5.30am.........sheeeeeez LOL

Here's a post with some GBP info that could help.....

https://www.forexlive.com/news/!/ste...-open-20190129
Quoting HaLBot
Hey all... Once again looking forward to a good session and hitting targets.... Here's a post with some GBP info that could help..... https://www.forexlive.com/news/!/ste...-open-20190129
Howdy. So far it seems ranging. EUR looks like wanna go try the 1,4500 but it might bounce of the 1400s, EURGBP is uptrending, trend is intact. Cable broke the 4h trendline but due to ranging so it could still go down, depends on what the EUR does. This is what I think. GL
Quoting kazachokings
{quote} Howdy. So far it seems ranging. EUR looks like wanna go try the 1,4500 but it might bounce of the 1400s, EURGBP is uptrending, trend is intact. Cable broke the 4h trendline but due to ranging so it could still go down, depends on what the EUR does. This is what I think. GL
Yeah you get the feeling today that cable will head back to the 3100s, but don't bet the farm on it. As you mentioned might be dragged up by Euro that's actually looking to takeout 1.1500 today!! That's my opinion based on further dollar weakness, I mean who would've thought Euro would be where it is this week mid last week?
E/G @ .87 right now, says GBP will go lower for a while.....
LMAO!
USD Est Non Mortuus
100MA @ 3100, like to buy there if it comes down....


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 29 Jan 19.png Size: 39 KB
Target: Daily 50% 1.32100
SO we got some news from our favorite site LIvesquawk which along with the EUR, helped it recover. Remember, any not so bad news, is amazing news for the pound
Quoting kazachokings
SO we got some news from our favorite site LIvesquawk which along with the EUR, helped it recover. Remember, any not so bad news, is amazing news for the pound
Yeah would've been a nice little buy, i'm a bit brain fried today so not reallly responding to well, lack of sleep and 36degree celsius days and 44 degree days last week here in OZ...
More oppos later I'm guessing....
Not sure if this means anything for Cable but ftse having it's first positive day in Seven....
Quoting David3333
GBPUSD closed now +12 pips, better +12 pips than -12 pips GBPUSD possible up to 1,3250 {image}
That's a shame, many more pips you could got out of it if you read the previous price better

Here, see attached images:
imbalance-zone.jpg = your chart
my-take-on-it.jpg = my chart
Attached Images (click to enlarge)
Click to Enlarge Name: imbalance-zone.JPG Size: 140 KB Click to Enlarge Name: my-take-on-it.JPG Size: 157 KB
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Quoting FXCyborg
{quote} That's a shame, many more pips you could got out of it if you read the previous price better Here, see attached images: imbalance-zone.jpg = your chart my-take-on-it.jpg = my chart {image} {image}
Thanks for the info even if for David333 , very timely as cable just hit 1.3176, not sure if same conditions in market atm but has pulled back and it's something I need to understand to become better trader...
Just to prove a point where the liquidity/sellers were - to the POINT... This is advanced T.A... doesn't take long to get a grasp of it

Hope this helps y'all
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 95 KB
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Quoting HaLBot
{quote} Thanks for the info even if for David333 , very timely as cable just hit 1.3176, not sure if same conditions in market atm but has pulled back and it's something I need to understand to become better trader...
no worries

here's another
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 92 KB
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Quoting FXCyborg
Just to prove a point where the liquidity/sellers were - to the POINT... This is advanced T.A... doesn't take long to get a grasp of it Hope this helps y'all {image}
I'm gonna get on youtube to understand these imbalance areas, I tend to know them as short term resistance levels, what makes then imbalanced?
What time will be the vote today?

Thanks.
Quoting HaLBot
{quote} I'm gonna get on youtube to understand these imbalance areas, I tend to know them as short term resistance levels, what makes then imbalanced?
OK when you do, show me the video, I'll let you know if they're full of S**t or not
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Quoting E.hamid
What time will be the vote today? Thanks.
I believe I found it, been googling the crap out for it..
https://www.bbc.com/news/uk-politics-47037365 19:00 GMT
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Quoting FXCyborg
{quote} OK when you do, show me the video, I'll let you know if they're full of S**t or not
Cheers Cyborg, won't be today but will get back to you...

Okay bought @ 1.3153 on the pull back from 1.3176 down to 1.3146
TP @ 1.3180
Would even be happy with 1.3173
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