Cable Update (GBPUSD) | Page 28125 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #562,481
  • Dec 1, 2020 7:25am Dec 1, 2020 7:25am
Quoting Temujin
{quote} Idk, why 15 min for 2 YEARS? 1.31 is next. EUR/GBP finally had a swing in price higher. A big warning to GBP/USD longs.
Not a bad call, 3 days ago. SuperMarios saw it too.
Be humble or be humbled.
  • #562,482
  • Dec 1, 2020 7:26am Dec 1, 2020 7:26am
...just updating charts - seeing what I missed after own session ended.

88.6% 3305-3407 at the current dly lo - that in the oft tested prev 1hr/4hr sw lo zone that goes down to 3304. 4hr below. Hope everyone did ok today.
Attached Image (click to enlarge)
Click to Enlarge Name: 9a21fb1ed39d3517a12ad3c33ff23649.png Size: 43 KB
Trader with an Edge.
  • #562,483
  • Dec 1, 2020 7:33am Dec 1, 2020 7:33am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 20 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 21 KB
yes yes yes
  • #562,484
  • Dec 1, 2020 7:34am Dec 1, 2020 7:34am
Quoting KiwiTrada
{quote} nope candle "body" top has to be higher and candle body bottom lower for bearish engulfing I think?
..Perhaps semantics but I think it has to be equal or higher than body at top, and equal or lower than body at bottom to be engulfing. Ie equal engulfs, higher and lower more than engulfs.
Attached Image
Trader with an Edge.
  • #562,485
  • Dec 1, 2020 7:36am Dec 1, 2020 7:36am
Quoting goldfish3
370-380 definitely on the cards today for NY bouncing off weekly pivot and monthly open at the moment
for me bear persistence only evident if we start closing below todays open.
  • #562,486
  • Dec 1, 2020 7:42am Dec 1, 2020 7:42am
Quoting Ksth
Just my own view. Should be reaching area 1.351 to 1.355 area then will drop crazy. Good luck n green pips. Play abit only for gu.. Very slow... Now more focus on gold.. Still aiming 1832 area.. Haha
Was my expectation as well, but it does not look to be happening. EU/GU/AU reached 1.2/0.74/1.348 on September 1. And on November 30, they reached the same levels, with exception of GU, that could only manage 1.338. Now for GU to get into 1.35 area, either there should be dollar weakness (and that would mean EU should go to at least 1.21 -- possible, but tricky I would say), OR pound strength. The latter cannot come from economy which is in dismal shape, and it does not come from Brexit talks that are stuck.
  • #562,487
  • Dec 1, 2020 7:44am Dec 1, 2020 7:44am
Quoting Maximumheigh
{quote} 1.3318 area touched as forcasted. Let see some pullback now to 1.337x area before more downward move. IMO
Scalping the pullback with a tight stoploss. More downside around 1.337x. IMO
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (20).png Size: 50 KB
  • #562,488
  • Dec 1, 2020 7:45am Dec 1, 2020 7:45am
GU 1h: PREVIOUS UP SWING was very weak, i'm waiting breakout 1.3310 TP 1.3295
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 25 KB
  • #562,489
  • Dec 1, 2020 7:53am Dec 1, 2020 7:53am
Quoting VM.
{quote} Was my expectation as well, but it does not look to be happening. EU/GU/AU reached 1.2/0.74/1.348 on September 1. And on November 30, they reached the same levels, with exception of GU, that could only manage 1.338. Now for GU to get into 1.35 area, either there should be dollar weakness (and that would mean EU should go to at least 1.21 -- possible, but tricky I would say), OR pound strength. The latter cannot come from economy which is in dismal shape, and it does not come from Brexit talks that are stuck.
That why I don't like trade EU very tricky. I rather trade gu Gj n gold. Easier to trade compare to other currency.
  • #562,490
  • Dec 1, 2020 7:55am Dec 1, 2020 7:55am
...approaching 50% of the fall...1hr below.
Attached Image (click to enlarge)
Click to Enlarge Name: 2a41af20c646153662c1a34749a1cfe1.png Size: 70 KB
Trader with an Edge.
  • #562,491
  • Dec 1, 2020 7:57am Dec 1, 2020 7:57am
shot re-entry on the 1h mid BB or bulls are back?
  • #562,492
  • Dec 1, 2020 8:02am Dec 1, 2020 8:02am
gone short for little bit here
In tea leaves we trust!
  • #562,493
  • Dec 1, 2020 8:02am Dec 1, 2020 8:02am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 46 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 36 KB
yes yes yes
  • #562,494
  • Dec 1, 2020 8:03am Dec 1, 2020 8:03am
Undoubtably, this slaughter range has been a strong pain for bears .. It just won’t crash as they wish.. I probably spoke the mind of many on here..

well, the fact that it won’t fall should be a sign for opposite direction.

Okay, this bottle looks way too empty for me to be the only one drinking from it
  • #562,495
  • Dec 1, 2020 8:03am Dec 1, 2020 8:03am
Quoting Maximumheigh
{quote} Scalping the pullback with a tight stoploss. More downside around 1.337x. IMO {image}
Offloaded my longs at 1.3351. watching to load shorts! trade safe
  • #562,496
  • Dec 1, 2020 8:04am Dec 1, 2020 8:04am
GBPUSD failed break, sends the pair back into the meat of the up and down range https://www.forexlive.com/technical-analysis/!/gbpusd-failed-break-sends-the-pair-back-into-the-meat-of-the-up-and-down-range-20201201 …
  • #562,497
  • Dec 1, 2020 8:08am Dec 1, 2020 8:08am
Pound can keep playing its range, gold scalps are bread and butter right now.
  • #562,498
  • Dec 1, 2020 8:10am Dec 1, 2020 8:10am
this thing can drop once more..... I ll come back to confirm when I do my calculations
99.9% persistence
  • #562,499
  • Dec 1, 2020 8:12am Dec 1, 2020 8:12am
Quoting zuluremys
this thing can drop once more..... I ll come back to confirm when I do my calculations
1.3365 for me, quick scalp. still holding HTF longs.
  • #562,500
  • Dec 1, 2020 8:15am Dec 1, 2020 8:15am
Quoting jaff1988
GBPUSD failed break, sends the pair back into the meat of the up and down range https://www.forexlive.com/technical-analysis/!/gbpusd-failed-break-sends-the-pair-back-into-the-meat-of-the-up-and-down-range-20201201 …
Yeah saw that too.
Attached Image (click to enlarge)
Click to Enlarge Name: 3d7c31c19960537cbafc351c8f0b1ad7.png Size: 49 KB
377 traders viewing now, 1 is registered:
F.g