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Cable Update (GBPUSD)

Will it Drop for 1.21000
Today sideway, may be.
Move on NY open if no side way.
Quoting Gilaforex13
Today sideway, may be. Move on NY open if no side way.
A drop towards 1.21 now..technicals look bearish for now
Looking for that last spike up until London opens (1.2237).....then possible short.
Lost....
Why anyone want to buy this
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sell strength in falling markets, and buy weakness in rising markets.
the tension is the market is very high
either way i win
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Quoting Moty
{image}
Thats a lot of drawdown...
The grind never stops
Quoting ongtrumvn99
{quote} add long 1.2205
closed all at 1.2208

short 1.2208
SCALP WIN
A break of 1.22030 will take us to 1.2165 and then maybe another test of 1.23400.

Let’s see what London open will bring.

Im also noticing that the pound is going up during London session, but turning south in Us session. Let’s see if this will be the case today.
Patience and Discipline.
i have set a sell pending order because they want to take us unaware
one can look for 2312 R1 after drop or staying above 2200 when Frankfurt opens.
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Intraday only.
Oct 2019 low 1.21947, NOV. 2016 LOW 1.22052 DEC 2016 LOW 1.22004 so be careful . it may find support but anything possible in trading . flexibility
little bit of sense, little bit of luck
Ktr Return This Month: -3.0%
Quoting Tpak
Oct 2019 low 1.21947, NOV. 2016 LOW 1.22052 DEC 2016 LOW 1.22004 so be careful . it may find support but anything possible in trading . flexibility
These lows happened after price dropped to 1 1475 (October 2016 Flash Crash), this is a deep search. after this lows price dived to 1.2774
Rejections spur me for greatness!!!
Quoting htcone
Why anyone want to buy this {image}
because it could be false break , it happened before , but you need to enter when price is coming back above support
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Quoting Suj
{quote} A drop towards 1.21 now..technicals look bearish for now
Look bearish, but i want to sell high.
Quoting Moty
{quote} because it could be false break , it happened before , but you need to enter when price is coming back above support {image}
stoploss?
The grind never stops
Quoting Moty
{quote} because it could be false break , it happened before , but you need to enter when price is coming back above support {image}
Make or break for GU today.
Focus.
On H4 TF look like Bears want take profit around 1.2120, then retr up to 1.23
1.2080 is good target too
1.21945 may support
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