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Cable Update (GBPUSD)

  • #532,541
  • Jul 2, 2020 3:09am Jul 2, 2020 3:09am
Just a matter of psychology round number , 2500 .

just to break or not to break by shakespear ))))
not euphoria follower
  • #532,542
  • Jul 2, 2020 3:09am Jul 2, 2020 3:09am
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yes yes yes
  • #532,543
  • Jul 2, 2020 3:10am Jul 2, 2020 3:10am
Quoting palpite
{quote} Maybe it is an re-test, because the bears crossed the support in the last drop. Let's see.

Yes .. nornal thing i think
not euphoria follower
  • #532,544
  • Jul 2, 2020 3:11am Jul 2, 2020 3:11am
Sell at 1.2528
  • #532,545
  • Jul 2, 2020 3:17am Jul 2, 2020 3:17am
Quoting iqyu5an
Just a matter of psychology round number , 2500 . just to break or not to break by shakespear ))))
Yes, very simple. 50% for break and 50% for not break.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #532,546
  • Jul 2, 2020 3:17am Jul 2, 2020 3:17am
Still looking to clear BOE stops above 2550, but clearing good part here 2503
COT: The precious data ignored
  • #532,547
  • Jul 2, 2020 3:17am Jul 2, 2020 3:17am
Quoting iqyu5an
Just a matter of psychology round number , 2500 . just to break or not to break by shakespear ))))
Yes, very simple. 50% for to break and 50% for not to break.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #532,548
  • Jul 2, 2020 3:20am Jul 2, 2020 3:20am
1h DXY Bullish Garltey.

I guess we can expect it to pick up anytime soon.

GBP to 1.25220 before a possible retrace.



P.s I'm back bitches
Attached Image (click to enlarge)
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Patience and Discipline.
  • #532,549
  • Jul 2, 2020 3:28am Jul 2, 2020 3:28am
At least an pullback.

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Together we can be strongest
Vantage Return This Month: -97.0%
  • #532,550
  • Jul 2, 2020 3:33am Jul 2, 2020 3:33am
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2620
  • #532,551
  • Jul 2, 2020 3:41am Jul 2, 2020 3:41am
don't sell before that zone , if at all
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yes yes yes
  • #532,552
  • Jul 2, 2020 3:41am Jul 2, 2020 3:41am
Quoting Wavegarrick
I think you meant 1.24927 Bud
Thanks for pointing that out. Corrected.
  • #532,553
  • Jul 2, 2020 3:45am Jul 2, 2020 3:45am
...dly R1 reached in last leg up - bounce of y/day hi zone after the pullback...this is also 23.6% extension of y/day range and 161.8% ext of the last 1hr swing down and 61.8% 2687-2251.... that prev dly swing hi to 2543 above it and the Boe spike to 2548 above....95% of 13 week awr so far travelled in the move up.
Trader with an Edge.
  • #532,554
  • Jul 2, 2020 3:46am Jul 2, 2020 3:46am
No high IQ required to long gold, short USD
July is typically bearish for #USD and opens the door for #Dollar weakness through the remainder of the year
I also like #GBPUSD. #EURUSD is good too as both tend to show strength in July. Maybe the bullish engulfing pattern will push price above last weeks highs
  • #532,555
  • Jul 2, 2020 3:47am Jul 2, 2020 3:47am
Quoting forexdhaka
EURGBP breakout {image}
Hi, Just wondering what's the numbers about?
Don't trade what you think. Just what you see!!!
  • #532,556
  • Jul 2, 2020 3:50am Jul 2, 2020 3:50am
Quoting Stefan90csk
1h DXY Bullish Garltey. I guess we can expect it to pick up anytime soon. GBP to 1.25220 before a possible retrace. P.s I'm back bitches {image}
TP hit.

Nice bounce from the daily R1

Pullback to 1.24830
Patience and Discipline.
  • #532,557
  • Jul 2, 2020 3:57am Jul 2, 2020 3:57am
Quoting iqyu5an
https://youtu.be/wOsbi1bX7n4
There is only one band should be playing this song. The original and the best IMO.

Inserted Video
Don't trade what you think. Just what you see!!!
  • #532,558
  • Jul 2, 2020 4:01am Jul 2, 2020 4:01am
...bullish 1hr 2hr and 4hr closes...50% of the total 2813-2251 drop is @ 2532.
Trader with an Edge.
  • #532,559
  • Jul 2, 2020 4:04am Jul 2, 2020 4:04am
usually when a long wick is break , there is a strong move to the opposite side
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yes yes yes
  • #532,560
  • Jul 2, 2020 4:05am Jul 2, 2020 4:05am
Quoting elbert3
{image} 2620

I'm seeing 1.26 today/tomorrow without too much trouble.
Compulsions can be hard to resist
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