Cable Update (GBPUSD)

Entered long at 1.25555 watching if it would retouch 1.26000

Same here but it’s broke out of tl so need to watch for any confirmation. 2576 area

Either a break or it widened the playground for prices. I might close it early if it hints otherwise

Bought TP 1.261

Bullish exhaustion showing up, weekly range already 288 pips, the anticipated 1.26 was touched and couldn't hold for a retest of 1.2645. failure at 1.26 is paving way for first correction to 1.2310 and further correction to 1.2160.

In a little late but took a buy on the Dragon @ 136.53 TP 136.69

Easy Peasy Japanesey......LOL

I'm done for the night made some nice green last few days, trying not to trade late into the night here in Australia, screws me up for work the next day

Long closed at 1.25806
+25 pips.

I'm done for my goal today.

let's see if the sell finally holds...

Waiting for another short opportunity. One more touch of 2600 or more and adding. Target still 2260.

The completion of a three top formation on GU D1 time frame around the 1.26400 area may result in a southward turnaround. The area has held as horizontal resistance since mid-April and it is adjoined by a nearby congestion area, a few pips northward.

I may be wrong. Trade safe and prosper.

KP

See attached chart.

KP

Attached Image (click to enlarge)

Quoting KeenPips

Disliked

The completion of a three top formation on GU D1 time frame around the 1.26400 area may result in a southward turnaround. The area has held as horizontal resistance since mid-April and it is adjoined by a nearby congestion area, a few pips northward. I may be wrong. Trade safe and prosper. KP

Ignored

I am still getting those short formation signals. Its the 3rd one appearing today, so i do believe that 1.25 is back in the game with a break that could lead back to 1.22

NY is going to be like this.

That scalping BS!!! F*** EM

Sell stop limit

Im pressing the sell button for good.

Maybe the price needs liquidity for friday.
I see sells here.

Its being bid above the yesterday's London fixing level (2556)

Below it, and bears shall be freed

the open of 1.14 .. in gbp/usd in the past ..... leave some clues

I see another push to 1.25600 by the end of the day.