Cable Update (GBPUSD) | Page 31190 | 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)

  • #623,781
  • Sep 16, 2021 2:51am Sep 16, 2021 2:51am
Quoting Georginson
{quote} Minimum Monthly range is 360 pips; Current High (1.3913) minus 360 pips = 1.3553 Current Low (1.3726) plus 360 pips = 1.4086 Bearish bias Reasons: * Price keeps staying below 1.3910 * Price hasn't dropped below yearly open of 1.3650 by 250 pips or more which should make 1.3400 imminent by or before year end. Note: Since Year 2011, GBPUSD rate has always moved above and below yearly open prices by 250 pips or more. This year price has moved above the open price by 250 pips or more but yet to move below the opening price by 250 pips or more....
Well like i said last week, i dont marry my trade/ bias, if i see clear change in direction i will - without hesitation - change my direction.

Yes we still have today and tomorrow and I expect your predictions to be more accurate than mine
  • #623,782
  • Sep 16, 2021 3:21am Sep 16, 2021 3:21am
Bounce off daily pivot and without too much effort not good for bulls. Need a break over 13850 or below 138 for any direction
Insane in the Brain..
  • #623,783
  • Sep 16, 2021 3:24am Sep 16, 2021 3:24am
I look H4 big channel,I should say GU 3 times touched low channel in raw.2 times enouf touching and after will be rocket,it touched 3 times low,i think GU reverse to 1.42
  • #623,784
  • Sep 16, 2021 3:28am Sep 16, 2021 3:28am
Quoting mysterio
{quote} Probs just TP here or around 1.3838 wait for new setup {image}
is buy re-entry at piwot point still valid?
  • #623,785
  • Sep 16, 2021 3:38am Sep 16, 2021 3:38am
Quoting KiwiTrada
{quote} dix is couple pips away from putting in new daily high, important level, sellers do not want it taken!!!! 92 681 pa now 92 671 :-)
sellers spanked bye bye lmfao
If you are new to Forex? Say Goodbye to your account!!
  • #623,786
  • Sep 16, 2021 3:41am Sep 16, 2021 3:41am
Alot of divergence with DXY, GU not really breaking the last low but DXY on a tear. Tells me that GU has some upside left yet in it possibly.
  • #623,787
  • Sep 16, 2021 3:43am Sep 16, 2021 3:43am
Quoting mysterio
Alot of divergence with DXY, GU not really breaking the last low but DXY on a tear. Tells me that GU has some upside left yet in it possibly.
reminds me of a few weeks ago on the reverse when 13880 wouldn’t break much higher and then it dropped like a lead balloon. If this reverse works out then potentially 140 is a target
Insane in the Brain..
  • #623,788
  • Sep 16, 2021 3:46am Sep 16, 2021 3:46am
Quoting Theoak
Short in at 1.3634
There is a lot of support at this level if it cracks will be adding
Don't trade what you think. Just what you see!!!
  • #623,789
  • Sep 16, 2021 3:47am Sep 16, 2021 3:47am
Quoting fxmasterdxb
I'm short cable! Yes I have been talking all week long about price getting to 1.41 but now all the indications are showing price is droping further. I shorted 1.3828
Next stop is 1.3770
  • #623,790
  • Sep 16, 2021 3:48am Sep 16, 2021 3:48am
Quoting JayBag
{quote} Hi BT, I am anticipating a break of YH. I just need H1 to close above 1.38134 today then I’d be in compliance with Mr Lee Take Care bro
Morning Gang,

1.38134 seem to be holding up for the retest after yesterday's BO. I am looking forward to some bull pressure from this handle.

Let's see
Take care gang
  • #623,791
  • Sep 16, 2021 3:54am Sep 16, 2021 3:54am
DXY got some unfinished business up there
Attached Image (click to enlarge)
Click to Enlarge Name: dxy.PNG Size: 98 KB
  • #623,792
  • Sep 16, 2021 3:59am Sep 16, 2021 3:59am
Attachment g
yes yes yes
  • #623,793
  • Sep 16, 2021 4:02am Sep 16, 2021 4:02am
Quoting mysterio
Alot of divergence with DXY, GU not really breaking the last low but DXY on a tear. Tells me that GU has some upside left yet in it possibly.
Today I think the bulls have an upside target to reach, I'll stick with my original forecast of 1.3875

Still wanting to short higher up

Some equal lows here we'll see if they'll be raided

Hidden bearish divergence on this last move down, once DXY pulls back we should hopefully see GU rampage up
Attached Image (click to enlarge)
Click to Enlarge Name: GU2.jpg Size: 242 KB
  • #623,794
  • Sep 16, 2021 4:12am Sep 16, 2021 4:12am
fast down side move
  • #623,795
  • Sep 16, 2021 4:14am Sep 16, 2021 4:14am
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 102 KB
will these hold ? we will find out or else it will change direction quite fast
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #623,796
  • Sep 16, 2021 4:30am Sep 16, 2021 4:30am
Quoting mysterio
{quote} Today I think the bulls have an upside target to reach, I'll stick with my original forecast of 1.3875 Still wanting to short higher up Some equal lows here we'll see if they'll be raided Hidden bearish divergence on this last move down, once DXY pulls back we should hopefully see GU rampage up {image}
Last trade pre NY, locking in at BE quickly on this one, I suspect Euro has reached its intraday target
Attached Image (click to enlarge)
Click to Enlarge Name: GU2.jpg Size: 316 KB
  • #623,797
  • Sep 16, 2021 4:32am Sep 16, 2021 4:32am
Quoting kris89
{image}will these hold ? we will find out or else it will change direction quite fast
1.3814 is Weekly Pivot Point.

Sometimes I think, should I just wait 30 minutes after the American market opens. Because at that time there was very important news (Red News).

SU
  • #623,798
  • Sep 16, 2021 4:42am Sep 16, 2021 4:42am
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 36 KB
  • #623,799
  • Sep 16, 2021 4:45am Sep 16, 2021 4:45am
Quoting Theoak
{quote} There is a lot of support at this level if it cracks will be adding
added 1.3812 short... Come on ye bears
Don't trade what you think. Just what you see!!!
  • #623,800
  • Sep 16, 2021 4:45am Sep 16, 2021 4:45am
Quoting mysterio
{quote} Last trade pre NY, locking in at BE quickly on this one, I suspect Euro has reached its intraday target {image}
i am with you on this one
178 traders viewing now