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Cable Update (GBPUSD)

  • #646,141
  • Dec 28, 2021 11:34am Dec 28, 2021 11:34am
Quoting genadi
{quote} i will stay at home for a month. will go back at the end of January, if government wont announce quarantine.
Sounds like a nice staycasion, dont forget to get your sleighs out and hit those "mini" hills
Liepkalnis ski resort
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  • #646,142
  • Dec 28, 2021 11:56am Dec 28, 2021 11:56am
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yes yes yes
  • #646,143
  • Dec 28, 2021 12:08pm Dec 28, 2021 12:08pm
Quoting Wavegarrick
{quote} Hi Guys, Subtle little bearish hints here from an hourly perspective. My weekly open at 1.334014 ish is an important barrier for my weekly pivot at 1.33377 which beckons. The count down continues for year-end and my trades are locked in. Trade safe, Cheers {image}
  • #646,144
  • Dec 28, 2021 12:10pm Dec 28, 2021 12:10pm
Quoting Jolita
{quote} Sounds like a nice staycasion, dont forget to get your sleighs out and hit those "mini" hills Liepkalnis ski resort {image}
  • #646,145
  • Dec 28, 2021 12:12pm Dec 28, 2021 12:12pm
Quoting Georginson
{quote} Hello Mate, price has closed above the decider price 1.3330 which gives room for possible 1.3530. Even at that projected 1.3530, the move will be seen as corrective only which will prompt a sell off to 1.29 in weeks ahead. Let's wait and see This year close and year 2022 open price for new projections.

I doubt it can go there..infact I see 1.31

pullback on weekly playing into monthly?
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  • #646,146
  • Dec 28, 2021 12:25pm Dec 28, 2021 12:25pm
drop mister aussie mf
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yes yes yes
  • #646,147
  • Dec 28, 2021 12:50pm Dec 28, 2021 12:50pm
It is going to be bearish close today.

A sell off is not ruled out tomorrow to daily s1 first.
Intraday only.
  • #646,148
  • Dec 28, 2021 1:06pm Dec 28, 2021 1:06pm
Quoting navk
It is going to be bearish close today. A sell off is not ruled out tomorrow to daily s1 first.

where is the s1?
  • #646,149
  • Dec 28, 2021 1:12pm Dec 28, 2021 1:12pm
I can see arguments for both ways tomorrow

Ultimately I feel DXY will test 97 at some point so the bears will come out on GU soon, question is when

For tomorrow

A dip below today low into the h4 demand will give me an intraday buy. Conversely if we run stops I'll sell the h1 supply created today around the 1.3450 area. Basically the trading range is 1.34-3450 until breakout. Feeling is bulls will want to take this up to 1.35 area at some point before any real fall-- significant swing high just above 1.35 which is also close to being 50pc of the last daily swing.

Dxy accumulating for a move soon but it's never straight forward and can easily run some of the clean lows around 96 and 95.85 before up

Hopefully we see some volume return tomorrow

Thoughts on DXY last week, still valid and holding as planned https://www.forexfactory.com/thread/...0#post13834870
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  • #646,150
  • Dec 28, 2021 1:24pm Dec 28, 2021 1:24pm
Quoting palpite
sell - 1.3437
Quoting palpite
add sell - 1.3453

trades closed - 1.3426
Together we can be strongest
Vantage Return This Month: na
  • #646,151
  • Dec 28, 2021 1:51pm Dec 28, 2021 1:51pm
Quoting nAVIN2007
{quote} I doubt it can go there..infact I see 1.31 pullback on weekly playing into monthly? {image}
Super trendline drawer. The master market puller. Glad you v rejoined us. Waiting to long from these places 1.29 area and 1.30 area
  • #646,152
  • Dec 28, 2021 1:53pm Dec 28, 2021 1:53pm
Matter of time before Dxy hits the psychological 100. That's one of the reasons among other reasons why for every rise of GU, i sell
  • #646,153
  • Dec 28, 2021 2:48pm Dec 28, 2021 2:48pm
Quoting Nd10
{quote} You don't believe it will happen in 3 months?
in GU 500 pips can happen in 1 week
  • #646,154
  • Dec 28, 2021 3:28pm Dec 28, 2021 3:28pm
Everybody seeing shorts, huh? I'm seeing 1.3480- 1.3500 tomorrow.
  • #646,155
  • Dec 28, 2021 5:17pm Dec 28, 2021 5:17pm
Quoting nAVIN2007
{quote} where is the s1?
I calculate @ 1.34105
  • #646,156
  • Dec 28, 2021 5:17pm Dec 28, 2021 5:17pm
I waited for 1.3100 to buy to 1.3600... it didn't happen, now in the middle of the channel nothing to enter for me

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  • #646,157
  • Dec 28, 2021 5:52pm Dec 28, 2021 5:52pm
Quoting Mitiblotch
Everybody seeing shorts, huh? I'm seeing 1.3480- 1.3500 tomorrow.
may be short from 1.35
  • #646,158
  • Dec 28, 2021 6:30pm Dec 28, 2021 6:30pm
Quoting chess king
I waited for 1.3100 to buy to 1.3600... it didn't happen, now in the middle of the channel nothing to enter for me {image}
love the 50 and 61.8 level
not euphoria follower
  • #646,159
  • Dec 28, 2021 6:40pm Dec 28, 2021 6:40pm
Uk and us back tomorrow could be correction day
Insane in the Brain..
  • #646,160
  • Dec 28, 2021 6:52pm Dec 28, 2021 6:52pm
Quoting nAVIN2007
{quote} where is the s1?
3410
Intraday only.
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