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Cable Update (GBPUSD)

  • #489,061
  • Aug 11, 2019 4:01pm Aug 11, 2019 4:01pm
Here's my take on the GBPUSD.

On the H4 time frame, price action spent an extended period of time ranging in the 1.22120/1.21140 zone before breaking it down. Technically, we may expect a revisit of the zone or some pullback before further bearish continuation. The next horizontal support is in the 1.20100 area.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_August_11,_2019_H4.png Size: 37 KB
Do your homework, follow the footprints of smart money
  • #489,062
  • Aug 11, 2019 5:31pm Aug 11, 2019 5:31pm
there are rules with no deal there called WTO rules I'm not seeing there has to be a deal,
There would have to mini deals carried out on things like flights but Parliament already passed them off the top of my head
also, the UK already published the tariffs on no deal, something like 85% has none

Tariffs will be cut to zero on 87% of imports to the UK as part of a temporary no-deal plan, but prices of some imports including meat, shoes, underpants and cars will go up.

Quoting morfes2
here is my view on GBPUSD https://youtu.be/9aOsqFrWR6s
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #489,063
  • Aug 11, 2019 5:55pm Aug 11, 2019 5:55pm
Short with 1.1810 target
Come with me if you want to live....
  • #489,064
  • Aug 11, 2019 6:34pm Aug 11, 2019 6:34pm
Quoting Ill-b-back
Short with 1.1810 target
Longer term looking deep into next year, I see big picture fib ext to 0.95 very possible, with longer term TL confluence.
Come with me if you want to live....
  • #489,065
  • Aug 11, 2019 8:14pm Aug 11, 2019 8:14pm
Quoting Ill-b-back
Short with 1.1810 target
  • #489,066
  • Aug 11, 2019 9:08pm Aug 11, 2019 9:08pm
How's your view opening this week?

Quoting Gilaforex13
{quote}
yakinaja.hajarblehh
  • #489,067
  • Aug 11, 2019 9:16pm Aug 11, 2019 9:16pm
Cable playing bull trap/bear trap games in a desperate bid to distract from the obvious...
Come with me if you want to live....
  • #489,068
  • Aug 11, 2019 9:46pm Aug 11, 2019 9:46pm
Second that
I even left early for last weekend due to biased analysis. Turns out Bears were still feasting last week, this week is still in question though

Quoting Ill-b-back
Cable playing bull trap/bear trap games in a desperate bid to distract from the obvious...
yakinaja.hajarblehh
  • #489,069
  • Aug 11, 2019 10:19pm Aug 11, 2019 10:19pm
Time approaching maturity, do or die situation usdx, give her few 5 hrs to decide. Calm and quiet before the strom! Take care.
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #489,070
  • Edited 11:53pm Aug 11, 2019 10:34pm | Edited 11:53pm
i am leaning toward long trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU d1.png Size: 32 KB
Click to Enlarge Name: GU h1.png Size: 30 KB
Click to Enlarge Name: New Doc 2019-08-12 07.53.11_1.jpg Size: 84 KB
yes yes yes
  • #489,071
  • Edited 10:51pm Aug 11, 2019 10:38pm | Edited 10:51pm
Quoting Moty
i am leaning toward long trade {image} {image} {image}
Gu ...A possible bullish hidden crab in H1.. I'm waiting for confirmations.
  • #489,072
  • Aug 11, 2019 10:41pm Aug 11, 2019 10:41pm
h4
buy
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD - Alternate test2 - Aug-12 0811 AM (4 hour).png Size: 55 KB
  • #489,073
  • Aug 11, 2019 11:40pm Aug 11, 2019 11:40pm
Maybe of Bears got too full feasting last week
Otherwise, join the Bear, it is easier

Quoting Moty
i am leaning toward long trade {image} {image} {image}
yakinaja.hajarblehh
  • #489,074
  • Aug 11, 2019 11:43pm Aug 11, 2019 11:43pm
You may also want to check news on Boris, usually helps setting trade sentiment

Quoting Marcieny
{quote} Gu ...A possible bullish hidden crab in H1.. I'm waiting for confirmations.
yakinaja.hajarblehh
  • #489,075
  • Aug 11, 2019 11:57pm Aug 11, 2019 11:57pm
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-08-12 07.56.53_1.jpg Size: 108 KB
yes yes yes
  • #489,076
  • Aug 11, 2019 11:59pm Aug 11, 2019 11:59pm
Bold call, Moty
Hope it won't bleed too much ya

Quoting Moty
{image}
yakinaja.hajarblehh
  • #489,077
  • Aug 11, 2019 11:59pm Aug 11, 2019 11:59pm
will it go up or down...

This is where retailers have been making mistakes for many many years.


Intraday only.
  • #489,078
  • Aug 12, 2019 12:00am Aug 12, 2019 12:00am
Oh, and you're insto trader?
Cheers

Quoting navk
will it go up or down... This is where retailers have been making mistakes for many many years.
yakinaja.hajarblehh
  • #489,079
  • Aug 12, 2019 12:05am Aug 12, 2019 12:05am
Quoting modalyakin
Oh, and you're insto trader? Cheers {quote}
I am perfect retailer also.

I am struggling for last 9 years .

Not afraid or feel shame to say so.

Intraday only.
  • #489,080
  • Aug 12, 2019 12:06am Aug 12, 2019 12:06am
Been there, done that, and you're still in the game after all these years, great mate, hope your consistency paid off big

Quoting navk
{quote} I am perfect retailer also. I am struggling for last 9 years also. Not afraid or feel shame to say so.
yakinaja.hajarblehh
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