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Cable Update (GBPUSD)

  • #506,901
  • Dec 19, 2019 3:35pm Dec 19, 2019 3:35pm
The price back below a broken trend line at 1.3133 on the weekly chart, and the 200 week moving average at 1.30852.
  • #506,902
  • Dec 19, 2019 3:57pm Dec 19, 2019 3:57pm
took a while to get there
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in wondering about yourself, you forgot what you came here to be part of
  • #506,903
  • Dec 19, 2019 8:20pm Dec 19, 2019 8:20pm
in line with my chart, the price today not likely to go below 2987
Intraday only.
  • #506,904
  • Dec 19, 2019 10:46pm Dec 19, 2019 10:46pm
A holiday surprise? just my two cents... :-)
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  • #506,905
  • Edited 12:53am Dec 20, 2019 12:08am | Edited 12:53am
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yes yes yes
  • #506,906
  • Dec 20, 2019 12:36am Dec 20, 2019 12:36am
#GBPUSD / H4 / Bullish Idea
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  • #506,907
  • Dec 20, 2019 12:51am Dec 20, 2019 12:51am
Quoting Ayax.TSS
#GBPUSD / H4 / Bullish Idea {image}
normally your idea is work ?
  • #506,908
  • Dec 20, 2019 1:01am Dec 20, 2019 1:01am
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  • #506,909
  • Dec 20, 2019 1:07am Dec 20, 2019 1:07am
I have come to realise that its safer to follow the trend than to trade reversals.
Only trade reversals when you're very sure.
Patience.....
  • #506,910
  • Edited 1:23am Dec 20, 2019 1:09am | Edited 1:23am
make your analysis SIMPLE

need to close above 1.3133 for balancing, for now i see 1.2910 - 30

and today we have current account and brexit vote, safe trade...
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  • #506,911
  • Dec 20, 2019 1:53am Dec 20, 2019 1:53am
Quoting 19monza64
{image}
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  • #506,912
  • Dec 20, 2019 2:13am Dec 20, 2019 2:13am
today i will be at bull side as long as price above 1.2960 lets see whats gonna happen maybe 1.3615
  • #506,913
  • Dec 20, 2019 2:16am Dec 20, 2019 2:16am
Pivot WS 61 (3011) is standing firm. Have the bears lost it?
  • #506,914
  • Dec 20, 2019 2:23am Dec 20, 2019 2:23am
Quoting Bydyke
Pivot WS 61 (3011) is standing firm. Have the bears lost it?
Not yet....
  • #506,915
  • Dec 20, 2019 3:02am Dec 20, 2019 3:02am
Confirm up....
  • #506,916
  • Dec 20, 2019 3:19am Dec 20, 2019 3:19am
Quoting NieFenG999
Confirm up....
Good news is it bounced off 1.2980/1.3000 area (inside 1.2991/1.2999), but it rejected 1.3033.

A break of it could lead to 1.3075/80 that's what i'm looking at
COT: The precious data ignored
  • #506,917
  • Dec 20, 2019 3:31am Dec 20, 2019 3:31am
I am long in GBPUSD

we just did 5 waves down which can be counted as wave A

we will go up in correction to somewhere near 1.3200 to 1.3300 and end wave B

then go down again in wave C to below 1.2900
  • #506,918
  • Dec 20, 2019 3:35am Dec 20, 2019 3:35am
Did anyone else read about the audio feed leak 20/25 seconds before the BOE rate announcement yesterday? Even 5 seconds is long in this market...

Guz
Charts don't drive price, market conditions drive price...
  • #506,919
  • Dec 20, 2019 3:38am Dec 20, 2019 3:38am
Quoting Tekin
today i will be at bull side as long as price above 1.2960 lets see whats gonna happen maybe 1.3615
Very weak. a little closed at1.3045
  • #506,920
  • Dec 20, 2019 3:43am Dec 20, 2019 3:43am
Quoting navk
in line with my chart, the price today not likely to go below 2987
my long area yesterday is 3016 to today 2995.
Intraday only.
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