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Cable Update (GBPUSD)

  • #492,141
  • Sep 5, 2019 5:38am Sep 5, 2019 5:38am
Quoting knkie
{quote} linky or you stinky Boris Johnson 'will not resign' to force early election https://www.aljazeera.com/news/2019/...172534889.html
Thanks, confused those 2.
Everyone can see the chart, but only a few can actually read it.
  • #492,142
  • Sep 5, 2019 5:38am Sep 5, 2019 5:38am
Lol yes you had to read the words I had to look twice
Quoting MXT
a Johnson resigns , but it 's not the right Johnson , just his brother
  • #492,143
  • Sep 5, 2019 5:39am Sep 5, 2019 5:39am
British politics is going down the drains
  • #492,144
  • Sep 5, 2019 5:40am Sep 5, 2019 5:40am
Almost 400 pips in 3 days. Unbelievable run.
Attached Image (click to enlarge)
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Intraday only.
  • #492,145
  • Sep 5, 2019 5:42am Sep 5, 2019 5:42am
Quoting OnlineAddict
PM resigns. Maybe GU will re-check 2130. Worth a try for 200+ pips.
If the PM resigns, then that is probably good news since a hard Brexit will be avoided.
Don't Worry Be Happy
  • #492,146
  • Sep 5, 2019 5:45am Sep 5, 2019 5:45am
Quoting OnlineAddict
{quote} Thanks, confused those 2.
no problem.
ive made such mistakes in the past.
in wondering about yourself, you forgot what you came here to be part of
  • #492,147
  • Sep 5, 2019 5:46am Sep 5, 2019 5:46am
Quoting navk
Almost 400 pips in 3 days. Unbelievable run. {image}
I know it’s my second best trading week since I started . Took big advantage of it . Regards E
  • #492,148
  • Sep 5, 2019 5:46am Sep 5, 2019 5:46am
Quoting MrPresident
{quote} If the PM resigns, then that is probably good news since a hard Brexit will be avoided.
i was never for a hard brexit unitl the remainers pulled this stunt.
now i just want johnson to win the fight.
in wondering about yourself, you forgot what you came here to be part of
  • #492,149
  • Sep 5, 2019 5:47am Sep 5, 2019 5:47am
Attached Image (click to enlarge)
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Ok took a short to the green line but might only be scalp
  • #492,150
  • Sep 5, 2019 5:51am Sep 5, 2019 5:51am
Quoting elbert3
{image}Ok took a short to the green line but might only be scalp
confluent with a mini supdem box on m5.
top of the box is 2307
Attached Image (click to enlarge)
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in wondering about yourself, you forgot what you came here to be part of
  • #492,151
  • Sep 5, 2019 5:51am Sep 5, 2019 5:51am
Quoting Bones
approaching a major level {quote} {image}
Bones, when I saw yesterday your chart (the same you posted today) I had recollection moment how quickly calculate a target for C point...simply add the number of pips market dropped below prior low (0 to B) to the high at A...Are we get there? maybe yes maybe not ...thanks for bringing my memories back...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU09.05.1H.c.png Size: 77 KB
Click to Enlarge Name: DX09.05.1H.png Size: 68 KB
Always trade your own plan...I don't provide trading signals.
  • #492,152
  • Sep 5, 2019 5:52am Sep 5, 2019 5:52am
Feels like the bulls died down for now, so probably range, maybe ADP this afternoon might bring down GU a little.

The question then becomes what's next? There were news this morning that essentially says EU believes further negotiations is essentially a waste of time now that BoJo have lost control, and EU most likely won't offer anything new now. Labour probably don't want a general election before Brexit is done, so it feels like Theresa May's deal is now the only thing that is on the table. But that deal has been voted down 3 times, so I wonder if EU will actually give UK another extension, maybe EU will impose the condition of passing May's deal in parliament or hold a second referendum as a condition.

Not so sure if this uncertainty on what's gonna happen is actually better for GBP, feels like all the cards are in EU's hand.
  • #492,153
  • Sep 5, 2019 5:52am Sep 5, 2019 5:52am
Quoting Bones
approaching a major level {quote} {image}
I think if 1.2335 fail to resist then welcome 1.2500
  • #492,154
  • Sep 5, 2019 5:55am Sep 5, 2019 5:55am
Quoting OnlineAddict
PM resigns. Maybe GU will re-check 2130. Worth a try for 200+ pips.
MP Jo Johnson resign not Boris Johnson. They're brothers though. He said he's " torn between family loyalty and national interest"
  • #492,155
  • Sep 5, 2019 5:56am Sep 5, 2019 5:56am
Quoting Loola
{quote} MP Jo Johnson resign not Boris Johnson. They're brothers though. He said he's " torn between family loyalty and national interest"
Bros shouldnt be in the same business.
One always gets in the way and one is always less succesful and gets bitter.
in wondering about yourself, you forgot what you came here to be part of
  • #492,156
  • Sep 5, 2019 5:57am Sep 5, 2019 5:57am
Quoting knkie
{quote} i was never for a hard brexit unitl the remainers pulled this stunt. now i just want johnson to win the fight.
Me and you both. This fuckers took me to the cleaners
  • #492,157
  • Sep 5, 2019 6:00am Sep 5, 2019 6:00am
Quoting Ill-b-back
{quote} I'm thinking we march onto 1.24
Approaching major zone for a bearish reversal
Attached Image (click to enlarge)
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Come with me if you want to live....
  • #492,158
  • Sep 5, 2019 6:00am Sep 5, 2019 6:00am
as things now stand , no one knows when brexit will happen , it could take 6 more months , who knows

things switched from an almost certain Johnson no deal brexit on Oct 31, to a no go , no elections , no no-deal , no negotiations
  • #492,159
  • Sep 5, 2019 6:02am Sep 5, 2019 6:02am
If if if that’s it’s full move then I just put the fibs on . 2160 should be noted . But we see how it goes
Quoting knkie
{quote} confluent with a mini supdem box on m5. top of the box is 2307 {image}
  • #492,160
  • Sep 5, 2019 6:03am Sep 5, 2019 6:03am
Quoting MXT
as things now stand , no one knows when brexit will happen , it could take 6 more months , who knows things switched from an almost certain Johnson no deal brexit on Oct 31, to a no go , no elections , no no-deal , no negotiations
which means perpetual uncertainty which is a mess for the EU and GB.
in wondering about yourself, you forgot what you came here to be part of
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