Cable Update (GBPUSD)

Quoting mysterio

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{quote} Ya I mentioned last wk, I think this is underway {quote}

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Quoting genadi

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{quote} I know this is not AUDUSD thread, but i will ask anyway... how do you see this? will we see any significant bounce up next week, or will we see huge drop right away? {image}

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Quoting genadi

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{quote} I know this is not AUDUSD thread, but i will ask anyway... how do you see this? will we see any significant bounce up next week, or will we see huge drop right away? {image}

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Quoting Kimmymore

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H4 : GU will clear all gaps. Sell : I give up. Buy : OK. My Target : 138525 about 2 or 3 Weeks. LOL

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Quoting mysterio

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{quote} Its bearish, going for liquidity below the last swing low 0.7170, you can target 0.71800, however some bounce from 0.71921-0.72224 first, sell the rally. Sell at 0.73ish is best, or 0.7282-92

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Quoting Bones

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{quote} eu is bearish , under the immediate tl , I did think that could be h+s but its not perfect ,difficult to know the neck hey it's real life I accept things can be slightly off ,but not major off the rules but eu is also over a major multi year tl , Quarterly shaven inverted after dark cloud made wonder ,but only one of those are high probability ,now proven by market even after a bullish looking yearly {image} {image} {image}

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Quoting Georginson

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Hello guys there are six weeks left in year 2021 and lots of movements is expected. Below are some research excerpts that may be of help in deciding your trade directions. ✓ Minimum August to December Range is 819 Pips ✓ Current (year 2021) August to December Range High 1.3957 - 1.3352 Low = 605 pips, which means at least 214 more pips left to break either 1.3957 or 1.3352 Assuming 1.3957 high stays unbroken 1.3957 minus 819 pips = 1.3138 Possible Low By or Before end of December Assuming 1.3352 Low stays unbroken 1.3352 plus 819 pips...

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