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Cable Update (GBPUSD)

  • #514,161
  • Mar 18, 2020 6:45am Mar 18, 2020 6:45am
Quoting smikester
1.1475 in 2016... It's a Usd festival at the moment. All currencies are getting squashed.
Weird..i have 2016 lowest is 1.1878
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #514,162
  • Mar 18, 2020 6:48am Mar 18, 2020 6:48am
anytime soon $$ = Pound sterling.

ha..ha..
Intraday only.
  • #514,163
  • Mar 18, 2020 6:49am Mar 18, 2020 6:49am
Quoting navk
already all time lows. {image}
That's also my thoughts
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #514,164
  • Mar 18, 2020 6:51am Mar 18, 2020 6:51am
Quoting Almo2312
{quote} Weird..i have 2016 lowest is 1.1878{image}
Maybe - I was looking at an unreliable chart.
Gone to a better place
  • #514,165
  • Mar 18, 2020 6:54am Mar 18, 2020 6:54am
if the price breaks through 1730, I don't have a forecast...
  • #514,166
  • Mar 18, 2020 6:55am Mar 18, 2020 6:55am
Quoting Almo2312
What is the low time lows?
Sterling fell to $1.1971 on Tuesday morning as Boris Johnson prepares for a showdown with opposition MPs and Tory rebels seeking to block a no-deal Brexit. The currency was at its lowest against the dollar since 1985, except for the October 2016 flash crash.
WT
  • #514,167
  • Mar 18, 2020 6:56am Mar 18, 2020 6:56am
Attached Image (click to enlarge)
Click to Enlarge Name: GbpUsd20031850yrs.png Size: 50 KB


1.08 in February 1985


!
Gone to a better place
  • #514,168
  • Mar 18, 2020 6:57am Mar 18, 2020 6:57am
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just did this and the postman turned up so missed the scalp
  • #514,169
  • Mar 18, 2020 6:59am Mar 18, 2020 6:59am
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bull candle on 5 min .. thanks mr postman
  • #514,170
  • Mar 18, 2020 7:03am Mar 18, 2020 7:03am
Attached Image (click to enlarge)
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yes yes yes
  • #514,171
  • Mar 18, 2020 7:05am Mar 18, 2020 7:05am
price now 1.18

cable is targeting 1.12 for sure

but we might get a bounce in 1.16 to 1.17 zone for few hundreds pips before resuming the selling again to 1.12
  • #514,172
  • Mar 18, 2020 7:06am Mar 18, 2020 7:06am
The almighty dollar is on the run....strong dollar, weak stocks. Once it all reverses i'll be a bloodbath

EDIT : any chance we get free gasoline at the station once oil falls to 0 ?
COT: The precious data ignored
  • #514,173
  • Mar 18, 2020 7:07am Mar 18, 2020 7:07am
This is out of my skill set. All trades are closed for today.
Gone to a better place
  • #514,174
  • Mar 18, 2020 7:08am Mar 18, 2020 7:08am
Quoting smikester
{image} 1.08 in February 1985 !
thanks
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #514,175
  • Mar 18, 2020 7:10am Mar 18, 2020 7:10am
Some people are betting on a fall of the US economy!
COT: The precious data ignored
  • #514,176
  • Mar 18, 2020 7:15am Mar 18, 2020 7:15am
People will be frightened to go short . Don’t be just use your stops until the confidence of going long if you want returns . Remember when GU WAS UP AT 1.800 and higher . So many traders got caught going short because nobody could believe it would go higher.. we are in the same mind set now so note that as you think
  • #514,177
  • Mar 18, 2020 7:20am Mar 18, 2020 7:20am
Attached Image (click to enlarge)
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yes yes yes
  • #514,178
  • Mar 18, 2020 7:22am Mar 18, 2020 7:22am
no support anymore i think. only resistances
  • #514,179
  • Mar 18, 2020 7:24am Mar 18, 2020 7:24am
News coming out now
  • #514,180
  • Mar 18, 2020 7:30am Mar 18, 2020 7:30am
1790 is my last point
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