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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting Mtsai
{quote} & Off we go hippie
For short term sell trend to continue we need it to break lower than 3190...I have 3150 as TP...Do own analysis

Guess the concern for Euro & Pound traders is will FOMC minutes be hawkish or Dovish plus low volume holiday trading...
Quoting Tekin
{quote} second try to break {image}
i closed many shorts at 1.3197 now waiting to touch 1.3185 then i will look for new sell opportunities
GBPUSD January

1.35323
1.35144

1.33932
1.33753

1.33153
1.33033

1.32782
1.32706

1.32182 Open

1.31658
1.31582

1.31331
1.31211

1.30611
1.30432

1.29220
1.29041
Short res and sup
Attached Image (click to enlarge)
Click to Enlarge Name: Capture 11.JPG Size: 39 KB
Shiort term
Can go up or down if down can go as far as 25 level which is H4 support
  • Post #507,447
  • Quote
  • Edited Jan 3, 2020 2:53am Jan 2, 2020 8:16am | Edited Jan 3, 2020 2:53am
Quoting ChiForex
GU bulls will try to keep price above 1.3170, while bears under there..before year end.
A clear break of 1.3170 will see the pair fall to 1.309* first.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
Lets see whether 3170 is a level. Because like RickM there are space and vacuum
nothing to hurry yet , lots of job with year end & new start! pending working here & there though, gu & gj almost same pa but bull may try some more odds just ! so care with logical sl at all times
Attached Images (click to enlarge)
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liquidity problem on 31 st and today.
Intra day only.
now it should retrace. 3135 must be stop.
Intra day only.
Quoting navk
now it should retrace. 3135 must be stop.
Agreed. Good SL at 3135.
My TP1 at 3213 ; TP2 3265.
Quoting MamounDeb
{quote} Agreed. Good SL at 3135. My TP1 at 3213 ; TP2 3265.
only retrace. still sell is there.

hourly showing shorts still.
Intra day only.
Quoting navk
{quote} only retrace. still sell is there. hourly showing shorts still.
inpressive retrace! Happy i sold 2/3 of the lot at 315.

the speed of the retrace due to holidays still?

Pending order shorts again at 1.32...if we reach there... the reason beeing that i dont see any retrace at GJ at all after the fall, rather slowly lower GJ actually, that makes the sentiment of that G still very week just as you say navk... this dollar and gold :-(
Quoting krst8
{quote} inpressive retrace! Happy i sold 2/3 of the lot at 315. the speed of the retrace due to holidays still? Pending order shorts again at 1.32...if we reach there... the reason beeing that i dont see any retrace at GJ at all after the fall, rather slowly lower GJ actually, that makes the sentiment of that G still very week just as you say navk... this dollar and gold :-(
yes 3210 and above sale area
Intra day only.
and 3240 stop
Intra day only.
Attached Image (click to enlarge)
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I don't predict. I try to react.
Good morning,
what Indacators are that?
Quoting navk
{quote} only retrace. still sell is there. hourly showing shorts still.
I didnt see this one coming..was still aiming for 3220
if some one again wants to long, wait for 3135 to break. then long. for another retrace.
Intra day only.
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