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Cable Update (GBPUSD)

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  • Post #476,041
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  • Apr 4, 2019 3:20am Apr 4, 2019 3:20am
  •  Moty
  • Joined Dec 2017 | Status: Member | 13,064 Posts
Gu + eg h1
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don't try to tell the market where to go , let him tell you
  • Post #476,042
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  • Apr 4, 2019 3:29am Apr 4, 2019 3:29am
  •  PayTheLimit
  • Joined Aug 2009 | Status: Ride the Pig | 31,000 Posts
good looking resistance up here, but so what....not seeing anything to wager on, good luck, and good bye...
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Look Sharp/Trade Tight
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  • Post #476,043
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  • Edited at 4:52am Apr 4, 2019 3:51am | Edited at 4:52am
  •  Moty
  • Joined Dec 2017 | Status: Member | 13,064 Posts
Gu 15m
Eg h1
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don't try to tell the market where to go , let him tell you
  • Post #476,044
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  • Apr 4, 2019 4:19am Apr 4, 2019 4:19am
  •  Henry2501
  • Joined Nov 2011 | Status: Member | 114 Posts
Quoting Moty
Disliked
15m {image}
Ignored
Good spot Moty. My prediction that GBP will push down from this level hasent happened yet. i did say 31555 or maybe a bit higher still hasn't happened. I am waiting for the drop. I am already short on all GBP pairs but she seems to be stubborn.

End of month i am hoping to hit the lows of around 1.30500, but we all know forex. She can bite you when you least expect it.
1
  • Post #476,045
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  • Apr 4, 2019 5:37am Apr 4, 2019 5:37am
  •  barloc
  • Joined Nov 2012 | Status: Member | 510 Posts
1m action
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Dragon Rider
  • Post #476,046
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  • Apr 4, 2019 5:57am Apr 4, 2019 5:57am
  •  sgkrishn
  • Joined Oct 2013 | Status: Long term Analyst | 1,192 Posts
gbp Daily
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Never follow/blame others,Patience is the key skill for Succesfull trading.
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  • Post #476,047
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  • Edited at 7:09am Apr 4, 2019 6:05am | Edited at 7:09am
  •  Moty
  • Joined Dec 2017 | Status: Member | 13,064 Posts
Exit short , took long .
Tp. at 1.31900
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don't try to tell the market where to go , let him tell you
  • Post #476,048
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  • Apr 4, 2019 7:25am Apr 4, 2019 7:25am
  •  rkr81
  • Joined Aug 2012 | Status: Member | 472 Posts
Holding GU short from 1.3180 Target 1.3041
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Forex Learner
1
  • Post #476,049
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  • Apr 4, 2019 7:30am Apr 4, 2019 7:30am
  •  Mrcl
  • | Joined Mar 2019 | Status: Member | 108 Posts
Quoting Moty
Disliked
Exit short , took long . Tp. at 1.31900 {image} {image} {image}
Ignored
Aren't you gonna change your mind ?, the bear is still .... keep fighting ~
  • Post #476,050
  • Quote
  • Apr 4, 2019 7:31am Apr 4, 2019 7:31am
  •  YardiFX
  • | Joined Jun 2014 | Status: Member | 324 Posts
Quoting rkr81
Disliked
Holding GU short from 1.3180 Target 1.3041 {image}
Ignored
Very good... 1.3043 is the traget .. But I'm only selling any significant highs until that traget gets hit
Peace & Pips
  • Post #476,051
  • Quote
  • Apr 4, 2019 7:55am Apr 4, 2019 7:55am
  •  Moty
  • Joined Dec 2017 | Status: Member | 13,064 Posts
This is long imo
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don't try to tell the market where to go , let him tell you
1
  • Post #476,052
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  • Apr 4, 2019 7:58am Apr 4, 2019 7:58am
  •  rkr81
  • Joined Aug 2012 | Status: Member | 472 Posts
Quoting Moty
Disliked
This is long imo {image}
Ignored
I took that level around 1.32 as a double top formation in 1 Hr TF
Forex Learner
  • Post #476,053
  • Quote
  • Apr 4, 2019 8:01am Apr 4, 2019 8:01am
  •  masudsardar
  • | Joined Dec 2016 | Status: Athlete(Shooting), Freelancer | 144 Posts
Technical analysis of GBP/USD for April 04, 2019

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Overview:
The GBP/USD pair continues to move upwards from the level of 1.3087. Last week, the pair rose from the level of 1.3087 to a top around 1.3201 but it rebounded to set around the spot of 1.3140. Today, the first resistance level is seen at 1.3206 followed by 1.3268 , while daily support 1 is seen at 1.3087 (38.2% Fibonacci retracement). According to the previous events, the GBP/USD pair is still moving between the levels of 1.3087 and 1.3268; so we expect a range of 181 pips in coming days.
Furthermore, if the trend is able to break out through the first resistance level at 1.3206, we should see the pair climbing towards the double top (1.3268) to test it.
Therefore, buy above the level of 1.3087 with the first target at 1.3206 in order to test the daily resistance 1 and further to 1.3268. Also, it might be noted that the level of 1.3268 is a good place to take profit because it will form a double top. On the other hand, in case a reversal takes place and the GBP/USD pair breaks through the support level of 1.3087, a further decline to 1.2976 can occur which would indicate a bearish market.
to err is human
1
  • Post #476,054
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  • Apr 4, 2019 8:02am Apr 4, 2019 8:02am
  •  KeenPips
  • Joined Dec 2015 | Status: Member | 6,357 Posts
Mate, there is a horizontal resistance about 90 pips from current location. The 1.32170 area should be watched.

I may be wrong. Trade safe.

KP

Quoting Moty
Disliked
This is long imo {image}
Ignored
Do your homework, follow the footprints of smart money
1
  • Post #476,055
  • Quote
  • Apr 4, 2019 8:04am Apr 4, 2019 8:04am
  •  KeenPips
  • Joined Dec 2015 | Status: Member | 6,357 Posts
Technically, as a swing trader, my bias is southward on this pair but I prefer watching the market until we gain clarity next week.

KP

Quoting KeenPips
Disliked
Mate, there is a horizontal resistance about 90 pips from current location. The 1.32170 area should be watched. I may be wrong. Trade safe. KP {quote}
Ignored
Do your homework, follow the footprints of smart money
1
  • Post #476,056
  • Quote
  • Apr 4, 2019 8:07am Apr 4, 2019 8:07am
  •  Tangilh
  • | Membership Revoked | Joined Jan 2013 | 70 Posts
Quoting KeenPips
Disliked
Mate, there is a horizontal resistance about 90 pips from current location. The 1.32170 area should be watched. I may be wrong. Trade safe. KP {quote}
Ignored
ok.
  • Post #476,057
  • Quote
  • Apr 4, 2019 9:39am Apr 4, 2019 9:39am
  •  arulisme
  • | Joined Apr 2014 | Status: Member | 95 Posts
Tp at 1.3080
1
  • Post #476,058
  • Quote
  • Apr 4, 2019 10:26am Apr 4, 2019 10:26am
  •  Peace-maker
  • | Joined Jan 2017 | Status: Member | 78 Posts
don't fear to sell this every sell ever plus
  • Post #476,059
  • Quote
  • Apr 4, 2019 10:35am Apr 4, 2019 10:35am
  •  Peace-maker
  • | Joined Jan 2017 | Status: Member | 78 Posts
wo ha ha like my said just intro
  • Post #476,060
  • Quote
  • Apr 4, 2019 10:38am Apr 4, 2019 10:38am
  •  sgkrishn
  • Joined Oct 2013 | Status: Long term Analyst | 1,192 Posts
Quoting sgkrishn
Disliked
gbp Daily {image}
Ignored
great pips
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Never follow/blame others,Patience is the key skill for Succesfull trading.
1
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