Cable Update (GBPUSD)

...very likely a bearish daily candle will result now - a downside follow through on yesterday's bearish bodied dly hammer candle.

Price found support at top of the previous 4hr sw hi zone = prev res=pot rbs, and in a prev 1hr sw lo zone = prev supp=pot supp (now prev 1hr sw lo x 2 zone,) at the current dly lo...73% only of 30day adr. Below here on 1hr a prev minor 1hr sw lo zone thru which current Dly S2 and 85.4% 3670-3847 runs, then that prev 1hr/4hr/dly sw lo zone = prev supp = pot supp that extends down to 3670. Wkly S1 runs through the top of the dly/4hr part of that zone @ 3682. Not shown on 1hr or 4hr below there is a new dly asc t/line that joins 1411 with 3670 coming through on today's daily candle circa 3690, and obviously tomorrow it will be higher.

1hr and 4hr below.

Dly looks interesting, below.

Last day of month and Mthly candle almost certainly going to close bearishly, (inside candle.)

Two more reloads at 1.3772 for loads of pips

thank to gj I am at "0" (zero) now,
in reality already with small profit

I'll wait a little bit

I am expecting a bounce from 1.368ish area towards 1.376ish before I can sell this sucker once again.

Hello guys,

The non-farm employment change news will be out this Friday.

Please can you guys share your views or opinion on what will happen on Friday when and after the news is being released.

Do you think the GBPUSD pair will keep going to lower prices or do you think it will be bullish on Friday?

Thanks in advance.

closed in profit..,
left few positions

The yield continues to decline from the top. Dxy lacks the driving force to rise. I expect GU to go up

GU

Support & Resistant set up

Any comment are welcome

... mthly candle will probably close bearishly and the quarterly candle (as of now) is as below too.

Is the mthly asc wedge thingy going to break to the downside?

I'm not seeing any potential sbr (supp becomes res) on 4hr until the light blue zone above current price, on my 4hr chart below. Also, 4hr bullish engulfing was last candle close on that t/f. G/L with it.

Today wednesday
Trend reversal / continues is occur today. Also today is the last day for monthly candle. Trade wise
Big move can happen today

without comments

... bearish hidden divergence is present in 1hr oscillators and may well be valid so long as price stays below 3783.

1hr is below.

what we expected ?
end of month and PA of the wednesday
"Trade What You see"

maybe hope will come from gold ?
took it on support area for a little bounce up
maybe it will effect on the dx

both safe haven is being choose in this crisis , affected all pair within . need patient to see what happen next on london

triple bottom