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Cable Update (GBPUSD)

  • #538,661
  • Jul 28, 2020 4:23am Jul 28, 2020 4:23am
Please consider taking a look at my Daily Market Update.
I provide trading ideas with potential stops and targets.

DXY starts at 0:03.
GBP/USD starts at 10:30.

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

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  • #538,662
  • Jul 28, 2020 4:27am Jul 28, 2020 4:27am
Quoting ohakaba
Still bullish on GBP, bought GBPCHF today, longer-term targets on this above 1.2..
The latest bullish H1 candle could be a fakey. That is the make of GU these days
  • #538,663
  • Jul 28, 2020 4:28am Jul 28, 2020 4:28am
Quoting ohakaba
Still bullish on GBP, bought GBPCHF today, longer-term targets on this above 1.2..
GBP indice hasn't broken any major resistance on the daily chart, while on lower time frame the bulls keep building up there positions for the past 2 weeks now, knowing this it would be wise to buy GBP pairs on hourly dips.
  • #538,664
  • Jul 28, 2020 4:33am Jul 28, 2020 4:33am
Quoting trumps
Trying my hand at this Supply and Demand Bizzo. small Sell order waiting at 2880 SL 2910 TP 2830
Out of this trade, it looks to me like just continuing to 2950
Compulsions can be hard to resist
  • #538,665
  • Jul 28, 2020 4:39am Jul 28, 2020 4:39am
Quoting Bydyke
{quote} The latest bullish H1 candle could be a fakey. That is the make of GU these days
You possibly right, that's why risk management is important.
  • #538,666
  • Jul 28, 2020 4:42am Jul 28, 2020 4:42am
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yes yes yes
  • #538,667
  • Jul 28, 2020 4:58am Jul 28, 2020 4:58am
The bears have come to the party. Let's see if they can perform
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  • #538,668
  • Jul 28, 2020 5:09am Jul 28, 2020 5:09am
h&s in the making
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yes yes yes
  • #538,669
  • Jul 28, 2020 5:26am Jul 28, 2020 5:26am
Attached Image (click to enlarge)
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Follow The Markets Structure - Patience and Discipline
  • #538,670
  • Jul 28, 2020 5:54am Jul 28, 2020 5:54am
still waiting for 2950..
need more
just for a cup of coffee...
  • #538,671
  • Jul 28, 2020 6:05am Jul 28, 2020 6:05am
Quoting akim0895
still waiting for 2950.. need more
I was going to join you on the bear side if price just went straight to that handle..

uhmm since price gathered energy at the BB last band, I am worried it may just piece through without a blink ..

I will look at 1.303 and 1.307 rather
until then, may I join your popcorn fest?

SS
  • #538,672
  • Jul 28, 2020 6:06am Jul 28, 2020 6:06am
Quoting JayBag
{quote} I was going to join you on the bear side if price just went straight to that handle.. uhmm since price gathered energy at the BB last band, I am worried it may just piece through without a blink .. I will look at 1.303 and 1.307 rather until then, may I join your popcorn fest? SS
sure mate..
just for a cup of coffee...
  • #538,673
  • Jul 28, 2020 6:15am Jul 28, 2020 6:15am
Quoting JayBag
{quote} you'll only come back to massive DD

Not a big problem
not euphoria follower
  • #538,674
  • Jul 28, 2020 6:22am Jul 28, 2020 6:22am
Good day to all of you
Price close to Pivot and at important numbers right now
This might be a good place to buy..btw im waiting for price to come a litle lower..I would like it to touch the trendline and then go up but i dont think il will happen..lets see
Good trades all
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  • #538,675
  • Jul 28, 2020 6:25am Jul 28, 2020 6:25am
Quoting Moty
h&s in the making {image} {image}
try to cut short, 1h not looking she going to give you something..
  • #538,676
  • Jul 28, 2020 6:28am Jul 28, 2020 6:28am
Quoting morfes2
{quote} https://youtu.be/WsbLqaF-T3c
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  • #538,677
  • Jul 28, 2020 6:29am Jul 28, 2020 6:29am
i prefer to scalp to the long side actually thats what i do and did since this morning
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #538,678
  • Jul 28, 2020 6:30am Jul 28, 2020 6:30am
Quoting knkie
i wil let M30/H1 break 2873/2880 upward and then enter on the swing pullback. could still take a bit for this to complete
so the zone i was looking at has been broken.
Now price just has to go up a bit then down somewhat for the swing long.
this will be a bit zig zaggy on lower frames, which should stop out longs and shorts if the stops are too tight.
in wondering about yourself, you forgot what you came here to be part of
  • #538,679
  • Jul 28, 2020 6:33am Jul 28, 2020 6:33am
Gold just today decreased alot :o
(just saying this cus tomorrow big news) and i smell something happening to the dollar
  • #538,680
  • Jul 28, 2020 6:40am Jul 28, 2020 6:40am
Quoting HBN08
Gold just today decreased alot :o (just saying this cus tomorrow big news) and i smell something happening to the dollar
i don't think gold is going below 1900
be patient
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