Cable Update (GBPUSD)

last 6.5 hours , 30 pips rangebound

GBPUSD-H4-FORECAST

I added a bit to chart ,
we could close out week in the box ,I don't know at all about there being a lower line up ,but short is better until it develops
Daily is risky
I know for a fact the red line up is good

m30 & h4 ! im looking at the same...
i think price falls one more time as you mentioned.

pending short @ 2325.
just to test waters and if it is powerful i will add.

as long as we are below 2372 on H4 im in bear mode.

Very ST view! GU is in a middle of a small range of 1.230-1.238. It might go either way to the top for 1.239x or the bottom 1.229x

Rest in comfort to see the chart, test breakout around 98.80 likely for 99.10 d top areas as in morning usdx views. So continue bear others.
Wonder Seeing eurusd soft landing at 1.0926 witout violent reaction yet. Even gbpusd failed reaction at 2300 so far, next support 2282 remain untested yet, so likely go down 2300 and stay for soft 2282 support before breaks below 2232 to 1957 leg. Apparently good bounce just below 2232 before further tanking. So scalping short at times ok now or next morning before breaks and stay type below 2282 (also seems weak fight for this weekly close) ,may be to wait next week for perfect setup Take care

M30 chart

As above. E.U. needs to see 0780 area

this crude chart was the breakout 6th sept for thous who played it and i think that where it’s returning

easily 2290 today. Entries above 2328 to 2360

Today we may expect a huge fall. My target it 1.2170

The reversal thing happens in American session.....or London session. ( Rare though )

And watchout the PA, You use pivot points in your trading.

R1 or S1 need to be tested before reversal.

So there was breakout upper tl usdx at 98.80 but other pairs not responded overnight and so divergence in price action and may be pending movements ahead while usdx target goes to 99.10+ not small areas while good tempo need break 99 handle .may need some news here to play fast.take care

Maybe it can can go back to 1.2360 today

Pita bread in making

Limit up for down but may extend the 5th below 2282 support, 2250 if not 2232 for the limit try if any bounce possible before all clear to try best!
Likely try to hold 2282 weekly support closewise as better than worst possible!

Adding to short 1.2332

Target the recent lows with the overall target 1.2275 approx. if breaks lows