Cable Update (GBPUSD)

Quoting Moty

Disliked

{image}

Ignored

Quoting DrDave

Disliked

{quote} You need to put a TF that you are using to arrive at 1.363. and 1.41. High TFs such as MN may not show any worthwhile resistance at those levels whereas smaller TFs might.

Ignored

Quoting Robinhood1

Disliked

{quote} Ok Timeframe sorry

Ignored

Quoting Georginson

Disliked

Hello guys, the last 24 hours has produced quite some moves of around 200+ pips and notably 1.3330 decider price did break, now the big question is can we close above it and maintain movement above this 1.3330? Failure to do so is a certain invitation of 1.3080 after the cheerful news of BOE rate hike fades away. In simple Summary: Above 1.3330 means 1.3520 Below 1.3330 means 1.3080 (My Likely Scenario) Either of these prices is poised to happen in the remaining days of this December, except if December range produces less than 300 pips range. Below...

Ignored

Quoting Mitiblotch

Disliked

{quote} Our superstar. Lol... Good job man. On a second thought, the daily and 4hr do actually signify that a bottom has been put in. I highly doubt that price can break down 3170 this year, and many Decembers the theme is always sell dollar. But if we do break down back below 3280 then we might have a bear Christmas. Kudos to your predictions. Probabilities and math beat every other method so long as I am concerned. They work most times.

Ignored

Quoting Mitiblotch

Disliked

3320 breached. Waiting for reaction at the next place which is 3000. If breached I wait for 32800. The 1 minute chart can show you so many things in this world. {image}

Ignored

Quoting Georginson

Disliked

{quote} Thanks for the compliment mate. Please let's take note that 7 years of the last 10 years Decembers have produced the yearly high or low price of the year while 3 years December have produced the lowest prices of the year (December 2014, 2018 and this Current December 2021). Also noteworthy that The lowest December range in the last 10 years is 250 pips (December 2017) and this Current December 2021 range is 213 pips (1.3160 - 1.3373) which means at least 37 more pips is expected to match the lowest December ranges of 250 pips... Which means...

Ignored

Quoting TrickorTrade

Disliked

{quote} Can you explain what you mean by 1MIN chart can show many things? I find anything from M15 and under very noisy

Ignored

Quoting Jolita

Disliked

{quote} That's what I had in mind too (up). Atm daily swiping out both ways, yesterday, double top, today double bottom. We know isn't easy, sl's will be hit before we know it. Still is a good clue for GU trend. We'll see where we go tomorrow. Also need to look at weekly / monthly chart for wider picture. At swimming , c u

Ignored

Quoting Mitiblotch

Disliked

{quote} I called you superstar for a reason. You spit out math,probabilities and statistics like a professor. You have earned your stripes. Kudos. And like I said earlier, your way is the best and easiest.

Ignored

Quoting Bones

Disliked

its hard to go up thats all {image}

Ignored