LOL - Even Red gets it wrong....
1.37 kek
Cable Update (GBP/USD) without Idiots 23 replies
Is it just me or is cable acting random? 44 replies
Why is GBPUSD called cable? 66 replies
Cable (GBPUSD) vs Euro (EURUSD) 26 replies
cable short for gbpusd? 6 replies
Disliked{quote} In addition to Brexit saga, there are a lot of important data releases and risk events next week. If all goes in your direction -- Brexit rhetoric calmed down, UK unemployment and inflation better than expected, Fed even more dovish than usual (it that's possible), BOE less so -- I guess G/U may go back to 1.305 area, maybe even close to 1.32 (I would be surprised, though). But unless Brexit no deal threat unexpectedly comes off the table, I can't see G/U higher than that.Ignored
Disliked{quote} Same story over and over again, people never learn it seems...not so long ago we had a strong friday bear to close below 2100...everybody was short, it opened at 2080 and everybody was laughing at bulls for even suggesting a 50 pip upmove...we went up 1400 pips...then above 3400 everyone long again...all I heard was 3700...we dropped 700 pips...now friday bear again and everybody selling the bottom. I would laugh if it wasn't so depressing to see the same shit happening every week and people doing the same mistakes! I will expect 3100-3240...Ignored
Disliked{quote} Yes but you're talking about different point in the curve ,price was low with a bullish set up 2100 the opposite now. Its coming off a relatively high point.It can retrace like you say but thats 700 pip off a high, below last month low after failing to break up.Ignored
Disliked{quote} Yes, I am not expecting it to break or even touch 3480...that thing might be done...but a healthy retrace yes...and sometimes they tend to be scary and more than expected. All depends on monday...if it breaks above 2860 and stays there, it should go up until wednesday-thursday. How high is yet to see...Ignored
Disliked{quote} I'm not going to be shocked with the retrace you say if it wants to keep to some kind of structure ,I'm wondering if this isn't that kind of moment, like you say pivot and open matter.Ignored
Dislikedgood work by the 4 week chart, its not possible to call it with timed ranges or low tf {quote} {image} {image}Ignored
DislikedGU, 1.2750-1.28 zone has served as a S/R and a swing level at times. {image}Ignored
DislikedFurther to what OA said earlier about GU and USD, it's interesting that GU has dropped over 700 pips, while USD has risen only about 150. USD could have a little catching up to do. {image}Ignored
Disliked{quote} Good morning (from timezone) From what I know, I think the DXY dollar ind main constituent is the Euro cuurency. This whole week is all about GBP and in a lesser extend is the Euro. I do not know what next week brings. The USD may never catch up with GU, depend on the situation. My two cents.
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