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Cable Update (GBPUSD)

  • #526,681
  • Jun 10, 2020 3:37am Jun 10, 2020 3:37am
Quoting Moty
Down down and away {image}
Not so sure big drop but divergence one of the most beautifull things to spot!!
Life is great!!
  • #526,682
  • Jun 10, 2020 3:38am Jun 10, 2020 3:38am
Quoting despichtt
{quote} Even negative headlines regarding brexit dont do much anymore; wouldnt be suprised to test 1.30 soon again
Yes but at that stage all pairs were getting smashed by the strength of the dollar.
Don't trade what you think. Just what you see!!!
  • #526,683
  • Jun 10, 2020 3:39am Jun 10, 2020 3:39am
Quoting despichtt
{quote} Even negative headlines regarding brexit dont do much anymore; wouldnt be suprised to test 1.30 soon again
Yes it could easily hit 1.3000 even just after FOMC......Euro has gained almost 600 pips in 18 days but before that it was all about dollar strength and I guess lots of traders were thinking were in for another push above 100 and then BAMMMMM negative day after negative day...
Don't Leave Money on the Table
  • #526,684
  • Jun 10, 2020 3:40am Jun 10, 2020 3:40am
head and shoulder
PATIENCE AND DISCIPLINE!
  • #526,685
  • Jun 10, 2020 3:40am Jun 10, 2020 3:40am
Quoting despichtt
{quote} Not so sure big drop but divergence one of the most beautifull things to spot!!
Check h1/h4, its been running for so long and no drop
COT: The precious data ignored
  • #526,686
  • Jun 10, 2020 3:42am Jun 10, 2020 3:42am
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Attachment gAttachment g
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yes yes yes
  • #526,687
  • Jun 10, 2020 3:43am Jun 10, 2020 3:43am
GBPUSD is almost the weekly SANDWICK zone. 1.2800 is most likely to hit before reversal of half the monthly range is taken out.

Attached Image (click to enlarge)
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Le$$ I$ More
  • #526,688
  • Jun 10, 2020 3:46am Jun 10, 2020 3:46am
Quoting kuroro001
{quote} Check h1/h4, its been running for so long and no drop
Might well correct a bit why not. Brexit krep didnt do much last last friday despite still no progress again and quite some negative headlines

When I look to USA I cant help thinking they're the ones that gonna suffer much more long term. European social systems far better for human beeing
Life is great!!
  • #526,689
  • Jun 10, 2020 3:46am Jun 10, 2020 3:46am
Head and shoulder forming on the 5M, maybe time for that bear run
Add value everyday in Pips
  • #526,690
  • Edited 4:17am Jun 10, 2020 3:51am | Edited 4:17am
Gone for dodgy short against sentiment and trend

in at 1.2764 - target previous lows just above fib level
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Don't trade what you think. Just what you see!!!
  • #526,691
  • Jun 10, 2020 3:57am Jun 10, 2020 3:57am
Quoting Theoak
Gone for dodgy short against sentiment and trend in at 1.2764
Can i get 2564 today ?
COT: The precious data ignored
  • #526,692
  • Jun 10, 2020 3:58am Jun 10, 2020 3:58am
Please consider taking a look at my analysis. DXY starts at 0:03, GBP/USD starts at 11:15.

In preparation for CPI and FOMC, I took a little bit more time today.

I upload weekly analysis every Sunday and daily analysis from TUE to FRI.

Inserted Video
  • #526,693
  • Jun 10, 2020 4:00am Jun 10, 2020 4:00am
Gone for short off the back of the head and shoulder pattern emerging. TP at 1.2710, SL 1.2790, thoughts?
  • #526,694
  • Jun 10, 2020 4:05am Jun 10, 2020 4:05am
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yes yes yes
  • #526,695
  • Jun 10, 2020 4:16am Jun 10, 2020 4:16am
I am out of my long . I am bearish on GBPUSD and GBPJPY now I might sell GBPJPY with SL 50
  • #526,696
  • Jun 10, 2020 4:19am Jun 10, 2020 4:19am
Quoting Theoak
Gone for dodgy short against sentiment and trend in at 1.2764 - target previous lows just above fib level {image}
+ 14 pips (See what it does off this fib level)
Don't trade what you think. Just what you see!!!
  • #526,697
  • Jun 10, 2020 4:19am Jun 10, 2020 4:19am
AM short
Attached Image (click to enlarge)
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Watch me trade Live on YouTube
  • #526,698
  • Jun 10, 2020 4:20am Jun 10, 2020 4:20am
the drop is here
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yes yes yes
  • #526,699
  • Jun 10, 2020 4:34am Jun 10, 2020 4:34am
Sydney's Bankwest Stadium booked to host Fury v Wilder 3 on Boxing day
2020.....

This is HUGE news, wonder if it'll happen????
Don't Leave Money on the Table
  • #526,700
  • Jun 10, 2020 4:36am Jun 10, 2020 4:36am
https://www.fxstreet.com/analysis/gb...paign=analysis
Patience and Discipline.
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