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Cable Update (GBPUSD)

  • #475,701
  • Mar 15, 2019 3:00pm Mar 15, 2019 3:00pm
d1
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yes yes yes
  • #475,702
  • Mar 15, 2019 4:40pm Mar 15, 2019 4:40pm
Quoting Ill-b-back
{quote} A bearish pattern? You don't see it off weekly/monthly resistance?? Easy on the eye isn't it If you're a bear that is... Nice retrace off the 88.6... {image} {image} {image}
Shorts no good from this, but looking further up towards initial plan for swing south
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Come with me if you want to live....
  • #475,703
  • Mar 15, 2019 4:55pm Mar 15, 2019 4:55pm
After market shows 1.3313..we could continue bullish on Monday too.
  • #475,704
  • Mar 15, 2019 5:13pm Mar 15, 2019 5:13pm
possible good sign for GBP bulls next week if the deal passes the meaningful vote

https://www.express.co.uk/news/polit...ommons-ERG-DUP

looks like this time, the critics of May's deal may get on board and vote

i think GBP may open with a gap next week
Don't Worry Be Happy
  • #475,705
  • Edited 3:31am Mar 16, 2019 2:12am | Edited 3:31am
bull continue for the target , more choppy few weeks likely making a bulky head and at the same time get the correction 1.3467+, support at 1.3057 test retest most probable, also may 1.3004.

usdx bull ok but have more space to let them play before action, support not willing to take action , tanking may continue !!
take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #475,706
  • Mar 16, 2019 2:45am Mar 16, 2019 2:45am
Quoting fontu
bull continue for the target , more choppy few weeks likely making a bulky head and at the same time get the correction 1.3467+, support at 1.3057 test retest most probable, also may 1.3004. usdx bull ok but have more space to let them play before action, support not willing to take action , tanking may continue !! take care {image} {image} {image}
Charts are repeatative..defo a bull move unless it backfires with some discouraging news
  • #475,707
  • Mar 16, 2019 3:33am Mar 16, 2019 3:33am
Quoting Suj
{quote} Charts are repeatative..defo a bull move unless it backfires with some discouraging news
ok , just tried to show in bigger tf probable . corrected pic
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #475,708
  • Mar 16, 2019 7:13am Mar 16, 2019 7:13am
Quoting fontu
{quote} ok , just tried to show in bigger tf probable . corrected pic
Are you thinking 1.3340 - 60 before it drops or will it just drop from Mon trading?
  • #475,709
  • Mar 16, 2019 7:23am Mar 16, 2019 7:23am
Please when is the next boe press conference?
  • #475,710
  • Mar 16, 2019 9:58am Mar 16, 2019 9:58am
just 2 votes I think it should be re-run

Quoting oblong
That was close, PM remains in charge of Brexit by winning two votes. Reckon she would of resigned had she lost that one. Other key vote, they have agreed to ask EU to extend Article 50. So next stage will probably be another vote on her deal again and another vote on holding a second referendum. Today's vote on holding second referendum was not expected to win, as the key people who want second referendum abstained as its too early and they want to see how the other motions put forward will play out. So the poker game / merry go round continues!!!...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #475,711
  • Mar 16, 2019 10:59am Mar 16, 2019 10:59am
Quoting Suj
{quote} Are you thinking 1.3340 - 60 before it drops or will it just drop from Mon trading?
very possible 1. 3330+ before correction down , so may gap up , anyway for smaller very crazy bull at top may limit 3233/57 to go for 3467 target. so may to bull to end first to start mighty bear.
Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #475,712
  • Mar 17, 2019 8:39am Mar 17, 2019 8:39am
Hello fellow traders,

Possible downward move before going up?

Thanks

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"The markets can remain irrational longer than you can remain solv
  • #475,713
  • Mar 17, 2019 2:49pm Mar 17, 2019 2:49pm
Quoting shyean
Hello fellow traders, Possible downward move before going up? Thanks {image}
there could be a dip before the vote on March 19th
Don't Worry Be Happy
  • #475,714
  • Mar 17, 2019 4:05pm Mar 17, 2019 4:05pm
There are some forecasts which say whatever happens during this week its still staying bullish. I wonder. i am not playing cable this week as not sure
  • #475,715
  • Mar 17, 2019 5:44pm Mar 17, 2019 5:44pm
1.32383 they definitely broke that resistance so GBP will go bullish, the gold worth question is how long and until where my guessing is 1.34317 until next resistance.
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  • #475,716
  • Mar 17, 2019 5:47pm Mar 17, 2019 5:47pm
Last week closed at a 10 month high, with a weekly engulfing bar. The close was above the resistance marks of 1.32 - this year's previous highs in January. If we look at the H4 chart, it's messy but there are classic higher lows and higher highs. Nothing in forex is certain, but I'm building longs here with some success and looking for 1.39+

Here is how the retest went on Friday: (Pearls)
Gone to a better place
  • #475,717
  • Mar 17, 2019 5:49pm Mar 17, 2019 5:49pm
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Gone to a better place
  • #475,718
  • Mar 17, 2019 5:56pm Mar 17, 2019 5:56pm
Quoting smikester
Last week closed at a 10 month high, with a weekly engulfing bar. The close was above the resistance marks of 1.32 - this year's previous highs in January. If we look at the H4 chart, it's messy but there are classic higher lows and higher highs. Nothing in forex is certain, but I'm building longs here with some success and looking for 1.39+ Here is how the retest went on Friday: (Pearls)
yeah, that's the annoying part of trading can't be 100 % right.
  • #475,719
  • Mar 17, 2019 7:34pm Mar 17, 2019 7:34pm
Hello fellow traders,

Wedge on m5.

Thanks

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"The markets can remain irrational longer than you can remain solv
  • #475,720
  • Mar 18, 2019 12:19am Mar 18, 2019 12:19am
This might be be a good buy right now those trading bull move
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James2982