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Cable Update (GBPUSD)

  • #547,361
  • Sep 10, 2020 8:51am Sep 10, 2020 8:51am
Quoting epzero
{quote} Moty EUR/GBP isn't the opposite of GBP/USD , EUR is strong and GBP is weak that's why GBP/USD is selling even when all the EUR Pairs are buying
it is .
if gbp is weaker then the euro it will drop
if it stronger , it will rise
Attached Image (click to enlarge)
Click to Enlarge Name: eg.png Size: 72 KB
yes yes yes
  • #547,362
  • Sep 10, 2020 8:58am Sep 10, 2020 8:58am
Quoting buddha-
be nice epzero,.
i am nice mate, tell cable to be nice to you lol
  • #547,363
  • Sep 10, 2020 8:58am Sep 10, 2020 8:58am
Interesting EU at medium term highs while GU only 1.2950

Side note: No good to sell at current market value as 1.2880s was a good buy that is seen to hold this week and anyways distance from now is tight..not worth for good Risk to Reward ratio..
Good sell was 1.31-1.3140 and another dip to 1.2890 can be good buy until 1.2880s break & price base below..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #547,364
  • Sep 10, 2020 9:00am Sep 10, 2020 9:00am
gbpaud buy opportunity
be patient
  • #547,365
  • Sep 10, 2020 9:03am Sep 10, 2020 9:03am
Quoting msniper
as long GU & GJ above my pink line and above the blue trend i will keep going long to 139.xx and 1.31xx once they close 4h below then different story i will turn to bear {image}
have you turned bear now?
  • #547,366
  • Sep 10, 2020 9:03am Sep 10, 2020 9:03am
  • #547,367
  • Sep 10, 2020 9:10am Sep 10, 2020 9:10am
Quoting Moty
{quote} it is . if gbp is weaker then the euro it will drop if it stronger , it will rise {image}
Stop euforia for short term moves and keep calm
  • #547,368
  • Sep 10, 2020 9:13am Sep 10, 2020 9:13am
GBP index getting close to the daily support !
Attached Image (click to enlarge)
Click to Enlarge Name: gbin.jpg Size: 116 KB
  • #547,369
  • Sep 10, 2020 9:18am Sep 10, 2020 9:18am
trying long here 2926
20 sl
  • #547,370
  • Sep 10, 2020 9:24am Sep 10, 2020 9:24am
Bullish reversal daily candle yesterday, should price break the previous low of 1.2884 by more than 20 pips (1.2863), it will be a fake and paused daily reversal, meaning price will likely test 1.2740 in days ahead before final recovery to the upside.

Should the low 1.2884 get defended yet again, then safe path to the northern area of 1.35.

This is my view. Trade with caution.

Peace.
Data + Stat + Risk/Emotions Management
  • #547,371
  • Sep 10, 2020 9:28am Sep 10, 2020 9:28am
1.292 looks like a strong support, bounced here last time and stall this time.

While I was typing, it broke, possibly more downside now.
  • #547,372
  • Sep 10, 2020 9:29am Sep 10, 2020 9:29am
Quoting VM.
1.292 looks like a strong support, bounced here last time and stall this time. While I was typing, it broke, possibly more downside now.
i was count on this level.. screw me
  • #547,373
  • Sep 10, 2020 9:31am Sep 10, 2020 9:31am
Quoting gatenio
{quote} i was count on this level.. screw me
There may be a bounce ahead of 4pm fix.
  • #547,374
  • Sep 10, 2020 9:33am Sep 10, 2020 9:33am
Quoting VM.
{quote} There may be a bounce ahead of 4pm fix.
stop out already..
i will take it again soon..
  • #547,375
  • Sep 10, 2020 9:34am Sep 10, 2020 9:34am
Quoting kuroro001
{quote} lol, i won't forget nothing volume was unusual at the bottom, big rise in volume in m15/m30. It was a good buy regardless of any support, trendlines, or indicators Maybe we'll have a retest of the highs i don't know but you can be sure it is NOT the bottom yesterday, it will be retested (maybe within 10 pips or so) or broken
In process

i personally would like to buy near 2780/2800

But its time to watch the current level
COT: The precious data ignored
  • #547,376
  • Sep 10, 2020 9:37am Sep 10, 2020 9:37am
Bought at 1.2916... target 1.3011... stop 1.2863
Data + Stat + Risk/Emotions Management
  • #547,377
  • Sep 10, 2020 9:38am Sep 10, 2020 9:38am
last try long 1.2913
sl 20
  • #547,378
  • Sep 10, 2020 9:40am Sep 10, 2020 9:40am
Long consolidation in EU... I remember in February or March, EUR reached high level after ECB and then started a fall that lasted for many days. Just something to keep in mind as a possible scenario.
  • #547,379
  • Sep 10, 2020 9:42am Sep 10, 2020 9:42am
Quoting gatenio
last try long 1.2913 sl 20

I have 1.28876 as my short target...
  • #547,380
  • Sep 10, 2020 9:45am Sep 10, 2020 9:45am
the fuck is EG doing?
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