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Cable Update (GBPUSD)

  • #475,321
  • Feb 27, 2019 5:34am Feb 27, 2019 5:34am
Quoting Abrar1299
{quote} buying is still better then selling @ 1.33 as dxy is failing to find support. So if its bad to buy @ 1.33 its even worse to sell it here without any confirmation. next stop might be @ 1.3360
Yes, no signal yet for correction yet, lets see
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #475,322
  • Feb 27, 2019 5:34am Feb 27, 2019 5:34am
Buy and hold
Don't Worry Be Happy
  • #475,323
  • Feb 27, 2019 5:36am Feb 27, 2019 5:36am
Quoting fontu
So 3296 broken, target bull then meet and correction next possible towards 3113before further up. Price breaks below 3289/85 to strt, 3261/33 confirm . Lets see
I can see a old tl from august up to the last breakout number 3200 area which is notable 3325area breakouts there leads to 33750 and 3450 and still think correction bottom 2874 area
  • #475,324
  • Feb 27, 2019 5:38am Feb 27, 2019 5:38am
Quoting Abrar1299
{quote} maybe this is a higher low from back from 1.2 (not a correction) ofcourse it will need to break 1.4380 to prove that but if brexit goes positively that will happen in time and the GBP has way more upside potential than downside so it might not come back down for a while. let aside USD weakness for now GBP is breaking weekly levels against most major pairs and thats saying something alot of liquidity is behind this move.
Possible, 3471 is just minimal correction level, can easily go 3700+before tanking in real. With brexit or not to me it is corrective wave big though before bear big continue.
Now signal goes to 3309/03 for correction.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #475,325
  • Feb 27, 2019 5:44am Feb 27, 2019 5:44am
Quoting fontu
{quote} Possible, 3471 is just minimal correction level, can easily go 3700+before tanking in real. With brexut or not to me it corrective wave big though before bear big continue. Niw signsl goes to 3309/03 for correction.
I have just been buying dips but will watch this area in case 1 it does break my level or it false outs and leaves the wick .. all rules are out of the window .
  • #475,326
  • Feb 27, 2019 5:45am Feb 27, 2019 5:45am
Quoting sgkrishn
what will happen when BREXIT goes Negatively.
Then I would think the Pound will crap itself.

But not just yet...

Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDWeekly.png Size: 24 KB
Come with me if you want to live....
  • #475,327
  • Edited 8:50am Feb 27, 2019 5:49am | Edited 8:50am
A signal at 3324broken, next waiting 3314 to see if correction start for next signal, 3309/03, 3289/first confirmation 3261, second confirmation at 3233"breaks down start for target above limit down for up 3113.
3300 may take little more time, round #

usdx situation positive and eurgbp also around weekly support to help the present scenarios , more or less
https://www.forexfactory.com/showthr...5#post12054785

next Powell effect by 10min may do some +- before settle again !!
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPWeekly.png Size: 37 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #475,328
  • Feb 27, 2019 9:15am Feb 27, 2019 9:15am
buy dips into 1.33, 1.325, and 1.32

stop below 1.30

then take partial profits at 1.34 and 1.35, leave rest open until it is confirmed that there will not be a hard Brexit
Don't Worry Be Happy
  • #475,329
  • Feb 27, 2019 9:46am Feb 27, 2019 9:46am
Quoting MrPresident
Buy and hold
Support levels: 1.3240 1.3210 1.3170
Resistance levels: 1.3295 1.3335 1.3362
next immediate Target is 3362.
  • #475,330
  • Feb 27, 2019 12:04pm Feb 27, 2019 12:04pm
Well it broke out of my tl . So let's see if it confirms now for a higher move up . No stopping it . It never it the dip and now watch 3310 buy or slide ??
  • #475,331
  • Feb 27, 2019 12:09pm Feb 27, 2019 12:09pm
Attached Image (click to enlarge)
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Quoting elbert3
Well it broke out of my tl . So let's see if it confirms now for a higher move up . No stopping it . It never it the dip and now watch 3310 buy or slide ??
Attached Image (click to enlarge)
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sell on it tight stop again sell order on the bottom .
  • #475,332
  • Feb 27, 2019 1:24pm Feb 27, 2019 1:24pm
buy zone and target area I think
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 28 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 23 KB
Come with me if you want to live....
  • #475,333
  • Edited 9:10pm Feb 27, 2019 2:35pm | Edited 9:10pm
Quoting Ill-b-back
buy zone and target area I think {image} {image}
Hope perfect if all ok like this for gbp. But as it artificially pumped up to tank next in intention so if correct towards 3113 or nearerit may feel difficult pump up again. Anyway next h1tf tl close arounds 3145 may support, now bo and stay watching. Take care, no build in advance!
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #475,334
  • Feb 27, 2019 4:50pm Feb 27, 2019 4:50pm
Quoting fontu
{quote} Hope perfect if all ok like this for gbp. But as it artificially pumped up to tank next in intention so if correct towards 3113 or nearerit may feel difficult pump up again. Anyway next h1tf tl close arounds 3145 may supporrot now bo and stay watching. Take care, no build in advance! {image}
It looks to be on the move up . But we know cable does not let you get away with such a big move without taking it all back
  • #475,335
  • Feb 27, 2019 4:52pm Feb 27, 2019 4:52pm
Quoting fontu
{quote} Hope perfect if all ok like this for gbp. But as it artificially pumped up to tank next in intention so if correct towards 3113 or nearerit may feel difficult pump up again. Anyway next h1tf tl close arounds 3145 may supporrot now bo and stay watching. Take care, no build in advance! {image}
That tail sticking out is the first target I would say as it does tell you it can or will fill that tail
  • #475,336
  • Feb 27, 2019 7:30pm Feb 27, 2019 7:30pm
almost close time or more high? add more sell
  • #475,337
  • Edited 9:31pm Feb 27, 2019 9:18pm | Edited 9:31pm
Quoting elbert3
{quote} That tail sticking out is the first target I would say as it does tell you it can or will fill that tail
Yeah only only step by step, same still, targeting 1.3261/33 to confirm then 3152.this pair can jump/even top play at any level / time , so be/sl for all trades test only running now,
Very conservative targets can be h1 close supports 3270/40.
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #475,338
  • Feb 28, 2019 12:17am Feb 28, 2019 12:17am
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Morning international rescue here lol thunderbirds are go . Up early to catch the move gj is making biggish moves and just watching this to see if Gu will follow
  • #475,339
  • Feb 28, 2019 12:19am Feb 28, 2019 12:19am
Quoting elbert3
{image}Morning international rescue here lol thunderbirds are go . Up early to catch the move gj is making biggish moves and just watching this to see if Gu will follow
https://m.youtube.com/watch?v=9XNWA_yZvWo
  • #475,340
  • Feb 28, 2019 12:21am Feb 28, 2019 12:21am
Attached Image (click to enlarge)
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watching to add long or short
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