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Cable Update (GBPUSD)

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  • Post #645,901
  • Quote
  • Dec 23, 2021 8:09am Dec 23, 2021 8:09am
  •  IgorGG
  • | Joined Nov 2020 | Status: Member | 5 Posts
Nothing surprising in this gbpusd move. It's simply seasonality as usd almost always tends to get weaker in the last days of December and gbp was oversold anyway. Considering there was a BOE rate hike and now optimism about Omicron means more hikes in February. I wouldn't be surprised if we hit 1.36 by the end of the year.
 
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  • Post #645,902
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  • Dec 23, 2021 8:12am Dec 23, 2021 8:12am
  •  navk
  • Joined Oct 2010 | Status: Trader | 13,311 Posts | Invisible
Quoting navk
Disliked
seems to me 3325 is resistance for today. shorted. 3326 is stop.
Ignored
short 3432.

stop 3436.
Intra day only.
 
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  • Post #645,903
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  • Dec 23, 2021 8:16am Dec 23, 2021 8:16am
  •  giveachance
  • Joined Jun 2013 | Status: Trader by hobby not by profession | 5,925 Posts
last data of the year and it is high priority one. so trade accordingly. we can easily get 50 pips dump or pump
 
 
  • Post #645,904
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  • Dec 23, 2021 8:34am Dec 23, 2021 8:34am
  •  Coreg2004
  • Joined Oct 2009 | Status: Member | 2,048 Posts
Quoting Coreg2004
Disliked
{quote} After GU came to 38.2% @ 1.3164 I expect a stronger bounce, but so far the bounce is weak. {image} {image}
Ignored
Finally, the GU behaves by the book. The standard objective is 50-61.8% retracement of the last swing down @ 1.3501-1.3580. Are we get there? Time will tell.
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Always trade your own plan
1
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  • Post #645,905
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  • Dec 23, 2021 8:49am Dec 23, 2021 8:49am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 17,441 Posts | Invisible
now can expect a correction towards 3300! take care
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  • Post #645,906
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  • Dec 23, 2021 9:03am Dec 23, 2021 9:03am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 3,457 Posts | Online Now
Quoting fontu
Disliked
now can expect a correction towards 3300! take care {image}
Ignored
That would be great! The candles do look a bit tired on the 4h
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  • Post #645,907
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  • Dec 23, 2021 9:10am Dec 23, 2021 9:10am
  •  giveachance
  • Joined Jun 2013 | Status: Trader by hobby not by profession | 5,925 Posts
Quoting iqyu5an
Disliked
{quote} eu bottoming
Ignored
lol.. euro bottomed??
 
 
  • Post #645,908
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  • Dec 23, 2021 9:31am Dec 23, 2021 9:31am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 17,441 Posts | Invisible
Quoting BeeTogether
Disliked
{quote} That would be great! The candles do look a bit tired on the 4h {image}
Ignored
yeah a little , limit down for up 1.3362, and 1,3338 breaks down will confirm a breakout but at the same time likely bounce up any moment to further up , not today perhaps !
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  • Post #645,909
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  • Dec 23, 2021 9:42am Dec 23, 2021 9:42am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 3,457 Posts | Online Now
Quoting fontu
Disliked
{quote} yeah a little , limit down for up 1.3362, and 1,3338 breaks down will confirm a breakout but at the same time likely bounce up any moment to further up , not today perhaps ! {image} {image}
Ignored
Like now lol
 
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  • Post #645,910
  • Quote
  • Dec 23, 2021 10:21am Dec 23, 2021 10:21am
  •  ServerUang
  • Joined May 2007 | Status: Member | 355 Posts
Quoting iqyu5an
Disliked
New data on the severity of the Omicron variant is set to be published today - after two studies showed that it appears to be milder than Delta. In a move likely to inform Boris Johnson's decision over any further restrictions after Christmas. #UK #GBP #Omicron ( source : twitter )
Ignored
FINISH FOR TODAY
ENJOY with my consistence profit.
GOOD LUCK FOR YOU GUYS...
SU
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  • Post #645,911
  • Quote
  • Dec 23, 2021 10:23am Dec 23, 2021 10:23am
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 5,929 Posts
I don't know how I missed all the action during to being busy. Now price action is back to normal. Wednesday buys also mean Thursday bull. I missed it all.

Long 3435. TP 3500.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
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  • Post #645,912
  • Quote
  • Dec 23, 2021 10:27am Dec 23, 2021 10:27am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 4,823 Posts
Opened a sell-- but will they go for the previous weekly high like Navin said ?
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  • Post #645,913
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  • Dec 23, 2021 10:29am Dec 23, 2021 10:29am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 2,550 Posts | Invisible
Quoting Mitiblotch
Disliked
I don't know how I missed all the action during to being busy. Now price action is back to normal. Wednesday buys also mean Thursday bull. I missed it all. Long 3435. TP 3500.
Ignored
Price has closed above 1.3330 yesterday which opens path to 1.3530 which neutralizes 1.3080 in the immediate term. Your buy from 1.3435 may suffer some drawdown as retracement to 1.3335 area cannot be ruled out before bounce to 1.3530 in days left in year 2021.
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Swing and Intraday
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  • Post #645,914
  • Quote
  • Edited at 11:01am Dec 23, 2021 10:31am | Edited at 11:01am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 17,441 Posts | Invisible
small tf pa now , watching for who win! if bear confirm with d top tiny & breaks 3392 & hold and bull confirm then also a sell off at some top near next , so all cases little correction to go before up ok .!
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  • Post #645,915
  • Quote
  • Dec 23, 2021 11:06am Dec 23, 2021 11:06am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 4,823 Posts
Quoting mysterio
Disliked
Opened a sell-- but will they go for the previous weekly high like Navin said ? {image}
Ignored
TP
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  • Post #645,916
  • Quote
  • Dec 23, 2021 11:50am Dec 23, 2021 11:50am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,326 Posts
Quoting ServerUang
Disliked
{quote} FINISH FOR TODAY ENJOY with my consistence profit. GOOD LUCK FOR YOU GUYS... SU {image}
Ignored
mantab jiwa
not euphoria follower
 
 
  • Post #645,917
  • Quote
  • Dec 23, 2021 12:26pm Dec 23, 2021 12:26pm
  •  Robinhood1
  • Joined Dec 2011 | Status: Guardian Angel | 7,294 Posts
s
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Guardian Angel
Two Clocks All Time Return: -16.3%
 
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  • Post #645,918
  • Quote
  • Dec 23, 2021 12:27pm Dec 23, 2021 12:27pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 18,325 Posts
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  • Post #645,919
  • Quote
  • Dec 23, 2021 12:29pm Dec 23, 2021 12:29pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 3,457 Posts | Online Now
Quoting Moty
Disliked
{image}{image}
Ignored
looking forward to seeing a drop to below 134
 
2
  • Post #645,920
  • Quote
  • Dec 23, 2021 12:49pm Dec 23, 2021 12:49pm
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 5,929 Posts
What will happen this December is already clear. Bull till the last day. Lol... Jow firmly above that stubborn 3330.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
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