Cable Update (GBPUSD)

ALT1 OR ALT2 ?

Attached Image (click to enlarge)

Attached Image (click to enlarge)

dxy is in correction will soon fall.

ALT2

both possible as no good signal yet .

It really depends on one's methodology. For me it was confirmed in the middle of June after the cascade moved through M1, M5, M15, M30 then to H1 (if memory serves me correctly, I can't find all my image notes).

I'm betting on a continuation of the cascading fractal through time.

======================================================================================
London open has been very easy to trade for the last few months so I hope there will be lots of content here just before tomorrow's open.

Until tomorrow!!!

Bat pattern on GBP/USD H4 chart. Providing a support around 1.2569

Long at 1.2577 I think we’re headed to 1.2980

National holiday in US fellaz. Very bad news for bulls like me. European traders are shorting the pound like crazy. Hope its not the case tomorrow but in eurgbp we are in a resistance zone, if they break it and go higher GU might also collapse. Not sure about the exact levels but 1.2520, 1.25 are on the map in case everyday scenario take place. Trade safe.

Confuse area for now. 50:50

bull at the moment
then short at 1.262 if it goes that high today consider 4th july

I smell bear will come if price stay below 1.2590.

fxpattern11, do you have any particular reason to start harmonic pattern in the middle of nowhere? I am just curious... I've noticed you do this often. Good luck with your trading.

Looks like up to me andUSDX down..long at 2578..not that i would know

US holiday today. USDX may be not any move. But GBP?

unlike eurusd flat bottom this pair may bull/ correct to 2642/70 without much sideways . Lets see if sustain eurgpb correction down run 0.8895 then.

usdx waiting for next leg up."you may expect 96.52/59 if no 96.84 as predicted before this week ( friday ) , that is, one leg up before settle likely ,96.42 may test today also . .goodluck"

back in-front of my pc

Short in at 1.2581 first target 1.2576

Just 4 pips??

Go to 1.2540 area?

buy set up
long 1.2581