Cable Update (GBPUSD) | Page 25006 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #500,101
  • Oct 22, 2019 4:23am Oct 22, 2019 4:23am
today will be the last …
Attached Image
  • #500,102
  • Oct 22, 2019 4:27am Oct 22, 2019 4:27am
I think the result of 07.00 UK vote will impact GBP the next bull or bear will be the result of the vote
  • #500,103
  • Oct 22, 2019 4:34am Oct 22, 2019 4:34am
sounds weak analisys,
you don't have the daily yet
Quoting donfriday
{quote} why would you long when 1.30 have become a resistance in the last 3 days backwards ...check ur daily chart
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #500,104
  • Oct 22, 2019 4:38am Oct 22, 2019 4:38am
Says that the consequences of Brexit have been underestimated in the UK
As mentioned here, the UK transition period is only up until the end of 2020 with any extension needed to be agreed upon by 1 July 2020.


Johnson's withdrawal agreement bill lays out that the government is the one to decide on that extension and with the EU already making it clear that any future trade relationship will take years to forge, there is still a risk of a no-deal Brexit by the end of next year.

So, if UK lawmakers do vote in favour of Johnson today, they will have to think about that or otherwise work to get that clause amended - which I reckon they would.

We Recommend
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #500,105
  • Edited 5:04am Oct 22, 2019 4:45am | Edited 5:04am
expected drop.
here is a picture from last night...

Attached Image (click to enlarge)
Click to Enlarge Name: 20191022_040533.jpg Size: 190 KB
  • #500,106
  • Oct 22, 2019 4:46am Oct 22, 2019 4:46am
2920 seems to be holding.
Intraday only.
  • #500,107
  • Oct 22, 2019 4:49am Oct 22, 2019 4:49am
Quoting Bones
sounds weak analisys, you don't have the daily yet {quote}

okay
MY OPINION NOT FINANCIAL ADVISE
  • #500,108
  • Oct 22, 2019 4:52am Oct 22, 2019 4:52am
Quoting navk
2920 seems to be holding.
Yeah and will it break the second time asking? Closed my shorts and waiting to see where the H1 candle closes before going in again.
  • #500,109
  • Oct 22, 2019 4:59am Oct 22, 2019 4:59am
long time i have waited to say this ?

are you ready for the drop ?
Attached Image (click to enlarge)
Click to Enlarge Name: eg h1.png Size: 36 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GU H1.png Size: 35 KB
yes yes yes
  • #500,110
  • Oct 22, 2019 5:01am Oct 22, 2019 5:01am
Quoting avpcap
{quote} Yeah and will it break the second time asking? Closed my shorts and waiting to see where the H1 candle closes before going in again.
until daily turns weak, it is bullish.

It is sort of retrace
Intraday only.
  • #500,111
  • Oct 22, 2019 5:10am Oct 22, 2019 5:10am
this is enough now. will trade again after voting in the evening.
Attached Image (click to enlarge)
Click to Enlarge Name: Liquidity Soft Solutions.png Size: 88 KB
Intraday only.
  • #500,112
  • Oct 22, 2019 5:12am Oct 22, 2019 5:12am
Quoting navk
{quote} until daily turns weak, it is bullish. It is sort of retrace
navk, the daily turned already buddy, strong resistance on H4 and daily...I saw this weakness on Sunday already...remember my post on a stronger dollar this week? Only a favorable Brexit outcome can turn this bullish.
Charts don't drive price, market conditions drive price...
  • #500,113
  • Oct 22, 2019 5:14am Oct 22, 2019 5:14am
Attached Image (click to enlarge)
Click to Enlarge Name: dx h1.png Size: 30 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GU H1.png Size: 31 KB
yes yes yes
  • #500,114
  • Oct 22, 2019 5:18am Oct 22, 2019 5:18am
Quoting Guztro
{quote} navk, the daily turned already buddy, strong resistance on H4 and daily...I saw this weakness on Sunday already...remember my post on a stronger dollar this week? Only a favorable Brexit outcome can turn this bullish.
Well, this 50/50 right, buddy? It is what driving the next wave, isn't it?
  • #500,115
  • Oct 22, 2019 5:20am Oct 22, 2019 5:20am
Quoting Guztro
{quote} navk, the daily turned already buddy, strong resistance on H4 and daily...I saw this weakness on Sunday already...remember my post on a stronger dollar this week? Only a favorable Brexit outcome can turn this bullish.
I agree there is resistance , daily and H4 at 3013.

however, the voting news will prevail and rule the direction today.

I am out of my trade and clean chart.
Intraday only.
  • #500,116
  • Oct 22, 2019 5:27am Oct 22, 2019 5:27am
I AM IN !!!!!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU H1.png Size: 32 KB
Click to Enlarge Name: eg h1.png Size: 39 KB
yes yes yes
  • #500,117
  • Oct 22, 2019 5:28am Oct 22, 2019 5:28am
Quoting navk
2920 seems to be holding.
AND 61.8 FIB COULD BE A TURNING POINT AT 1.29624 AS WELL

EDIT TIGHT MOVES I AM OUT
  • #500,118
  • Oct 22, 2019 5:28am Oct 22, 2019 5:28am
Quoting navk
{quote} I agree there is resistance , daily and H4 at 3013. however, the voting news will prevail and rule the direction today. I am out of my trade and clean chart.
My mentor years back hammered the following into me. Retail traders provides the liquidity...other time frame traders (Big Banks) determines the direction.

So, what is strong resistance then? It's the other time-frame traders rejecting higher prices. I go back as far as 10/12 months to see what price has done, and the overall trend to me is still bearish.

I also respect that there are smaller time-frame traders in here...each to his own.

Guz
Charts don't drive price, market conditions drive price...
  • #500,119
  • Oct 22, 2019 5:30am Oct 22, 2019 5:30am
Quoting elbert3
{image} 1st hurdle
1st hurdle was right now will it confirm breakout of the line sell on the last low
  • #500,120
  • Oct 22, 2019 5:34am Oct 22, 2019 5:34am
Sold at 1.2953 stop 1.2965 very tight
330 traders viewing now, 1 is registered: