Cable Update (GBPUSD)

No thanks. !!

Its beginning to sound bullish, check the last three candles on the weekly chart

gu vs eg d1
gu 5m
eg 5m

wow , 62 pips ( i took 35 pips) in one drop at the the mid-day trade between midnight and today.
The price jumps aggressively in one direction that this time really made sense
It was a most enjoyable day in all.
170 pips profit today
You do not have to be Grady
Take the movement from the pivot line to other pivot line, do not have to look for the extreme

i think that there will be more GBP selling if the market panics over a possible no-deal Brexit

my friend , the drop is coming

sell limit order has been set at 1.30887

Price revarsed 3 pips away from weekly pivot and 50% retracement and my sell limit order
.took it manually at 1.30700 for 70 pips.
Look at the crock's fake revarse h&s . I not falling for that anymore

Still on LONG

Bad news.
Let's go 1.300000

The GBP/USD pair recovery from 1.3025 lows fizzled once again near 1.3070 levels, as markets continue to weigh in the increased odds of a no deal Brexit after the UK Parliament rejected all the four indicative votes late-Monday. The Brexit stalemate extends, with only 10 days to go and hence, the bears retain control amid the ongoing Cabinet meeting and the recent comments by Chief EU Negotiator Barnier.

I say GBP push up just before NY open to 1.31555 then the sell of will come. Might go a bit higher just to kill the shorts for most people then drop like a stone down to 1.30 again and end of the month down to 1.2689 then we will see a strong rally up. But until brexit is done for this will be a rollercoaster ride.

The 1.3000 will come , by hook and by crock's

Cable is starting to look vulnerable - trying to break the trendline, and bearish momentum stats to appear which usually signals the start of a bigger move to the downside. Maybe market is starting to price in No Deal Brexit.
I think, still the base case is for the Up channel to continue, at least until there is some decisive bad news. Todays close should be interesting though if we get something around 1.3000 that would technically open the downside.

SMA 10 on H1

Long.. SL as in chart..

just for fun : https://www.forexfactory.com/showthr...4#post12177634

could be wrong ... relax

Yesterday's low is supporting price 3 times.
It can't hold forever

30m

Long Cable... So far, so Good!