Cable Update (GBPUSD)

Whipsaw. Still watching the volume change in hourly candle. Sure make some hint to next candle

Candle bull very hard. But the volume change its a bit strange

Hello friends; Cable review and preview;
cable closed the week July 12-16 bullish @1.3770 when buyers seize control and on July 19 Monday last week sellers were defensive @1.3763 week's resistance causing price to drop consecutively for two day to 1.3571 in the absence of key economic events. And again buyers defended @1.3566 on Wednesday last week preventing a further fall to 1.3436 then price reversed up reaching weeks target of 1.3775 posted earlier but failed to hit last Friday's day's target @1.3914 finding sellers @ week's resistance 1.3763 again as priced had to close in favor of sellers making a high of 1.3787.

For this week sellers were ready @ 1.3777 today's day resistance for bearish reversal but we have seen buyers again defending @ 1.3769 turning that resistance to support as to gain control to take the price to week's target @1.3903(must be reached this week) although they have week's resistance an hurdle to break @ 1.3807 throughout today we expect price to continue staying above 1.3765 once broken by 7 pips. Happy trading.

naaaa..
the weekly wick will fill again.

Sell Limit @ 1.3830

Now I'm Buyer ...

ServerUang

Hello all,
just to share my trade for today, got to go again now, have something else to do.
Thanks.

1.M15 bar touched EMA 200 as support.
2.1Hr bar touched BB Lower Band as Support.
3.4Hr bar showing up trend bar
4.Dollar index showing exhausted.
5.TP for 15pips, as I set TP and SL, due to have to do something else.

Morning all. GU is bullish at the moment. Staying above the 45 degree angle and above 1.3775 will take her to at least 1.3817 where I expect her to meet resistance and possibly crash towards 1.3605 where I see a liquidity void following a possible drop below 1.36. So, in short, small long now then a big drop from around 1.3817 towards 1.36 later IMO

BO range and retest.

37 pips spike in ranging box.

Testing Friday High.

Target for this around the 3900 area or swing end

1.37302 (Closed)
SL 1.37816
TP: 1.36848

hhaaaiiii.... where is mr. M ?

SU

cable and geppy both running into daily resistance, r/r is good

Closed half with 50 pips.

GU

End of scalping

SBR zone.

RT to the BO range zone.

Looking for re bounce from RT of Friday High if support hold.

3800 to be high today

IMO

the 120 pips drop is coming

that is why it's important to wait for lo

i hope 1.38 will help bears like me towards 1.35

Above it.

i dont know exactly but 1,3918 if it breaks there too maybe new records

Is the SBR zone not significant enough for you to contemplate taking a sell trade? Thanks and regards

Trying the multiple lots. seems working well for now. 1.38500-600 could be in test.

Cheers !