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Cable Update (GBPUSD)

  • #578,901
  • Feb 18, 2021 5:53am Feb 18, 2021 5:53am
Quoting giveachance
{quote} the plan is to take the gbp as high as possible so that UK does not benefit after brexit. again forex market was always rigged. back in 2011-13 used to have 100 pip rallies on a day
Thanks for the hint. That is the cherry on the top of the cake. Not sure if ECB really starts a war against the GBP, I think it is still more buying back from last years but that turns down lots of retail trader accounts and so also the volatility on what we all live here. That makes me sad.
  • #578,902
  • Feb 18, 2021 5:53am Feb 18, 2021 5:53am
We still are not out of the woods / be safe and sound
  • #578,903
  • Feb 18, 2021 5:54am Feb 18, 2021 5:54am
1.405
  • #578,904
  • Feb 18, 2021 5:55am Feb 18, 2021 5:55am
folks Cable has a huge free space to flow before res
there's no need to bet against, just follow it's trend.
Attached Image (click to enlarge)
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  • #578,905
  • Feb 18, 2021 5:55am Feb 18, 2021 5:55am
I need to see 1.39509 will be touched up own
  • #578,906
  • Feb 18, 2021 5:56am Feb 18, 2021 5:56am
Quoting DailyChart
1.405
I see 1.45 within few months.
Damage
  • #578,907
  • Feb 18, 2021 5:59am Feb 18, 2021 5:59am
Quoting JackintheBox
Thank for your comments. Of course I know these exaggerations we see currently. What f**cks me up is the stupidness of ECB and their big friends who bought the EUR/GBP like hell to press on UK to maintain in EU last years. Now everything is over and that stupid heads have to buy (GBP) back everything. Of course they have no clue of trading, burning probably billions of Euros currently to buy that stuff back and mess up the markets. Yes, Market never wrong, but the facts behind that make me angry. It's like trading a penny stock. I just cannot bet...
And why, what is now happenig is ridiculous? when by fundament and tehnical are strong buy. i didnt said this is normal when you look from begining of forex market, this is normal accoridng what is happenig in the world right now. If you are trading for a long time you know you have to adjust your strategy to things that are happening today and not what happend yesterday and especially not a year ago
patience, patience, patience and after that more patience
  • #578,908
  • Feb 18, 2021 6:00am Feb 18, 2021 6:00am
I am expecting price to reach 1.40, hopefully this week as its a strong psychological level.
  • #578,909
  • Feb 18, 2021 6:02am Feb 18, 2021 6:02am
Attached Image (click to enlarge)
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yes yes yes
  • #578,910
  • Feb 18, 2021 6:02am Feb 18, 2021 6:02am
Quoting vanca
{quote} And why, what is now happenig is ridiculous? when by fundament and tehnical are strong buy. i didnt said this is normal when you look from begining of forex market, this is normal accoridng what is happenig in the world right now. If you are trading for a long time you know you have to adjust your strategy to things that are happening today and not what happend yesterday and especially not a year ago
That's true. Well, the fundamentals you can argue about, see yesterday (USD). Anyway, look at the 5 min Stochastic LOL , don't know when I have seen sth. like that before haha.
  • #578,911
  • Feb 18, 2021 6:02am Feb 18, 2021 6:02am
pound oversold on h1
4 wave get ready.
Attached Image (click to enlarge)
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  • #578,912
  • Feb 18, 2021 6:02am Feb 18, 2021 6:02am
Quoting greengp
i need to see 1.39509 will be touched up own

short here tp 1.39224
  • #578,913
  • Feb 18, 2021 6:04am Feb 18, 2021 6:04am
Quoting greengp
{quote} short here tp 1.39224

ALIGHT TO M 1
  • #578,914
  • Feb 18, 2021 6:05am Feb 18, 2021 6:05am
possible retrace from 3950
Intraday only.
  • #578,915
  • Feb 18, 2021 6:11am Feb 18, 2021 6:11am
ALRIGHT TO M 1
  • #578,916
  • Feb 18, 2021 6:12am Feb 18, 2021 6:12am
if we do retrace here 3920 and 3903 should be bought
  • #578,917
  • Feb 18, 2021 6:12am Feb 18, 2021 6:12am
Quoting abconqq7
{quote} I see 1.45 within few months.
What about in a few hours or days? We don't even know if we'll be alive in a few months.....
Lost....
  • #578,918
  • Feb 18, 2021 6:14am Feb 18, 2021 6:14am
Quoting giveachance
if we do retarce here 3920 and 3903 should be bought
maybe yes maybe no..
it could go below 1.39 and it still be good.
Attached Image (click to enlarge)
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  • #578,919
  • Feb 18, 2021 6:16am Feb 18, 2021 6:16am
Quoting gespiri
{quote} What about in a few hours or days? We don't even know if we'll be alive in a few months.....
https://www.forexfactory.com/thread/...0#post13408390

this view i post on sunday this week
  • #578,920
  • Feb 18, 2021 6:17am Feb 18, 2021 6:17am
I think we'll drift down for a couple of hours then i'll look out for price action confirmation to go long in the ellipsed areas

However very good chance it wont go down that far so may miss the boat. Retracement levels of this move are worth watching 1.3908, 1.3895, 1.3882
Attached Image (click to enlarge)
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