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Why is GBPUSD called cable? 67 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

2hs for to close the day and not crossed the support, better wait tomorrow.


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Together we can be strongest
Quoting Georginson
{quote} If price gets to 1.3528 and closes below it, then it's game over for bulls as bears will ferociously crash the price to 1.2950 area within weeks. Failure to close below 1.3528 is an invitation of 1.42 in weeks ahead. At least 700 pips range is expected between January to February, it's 318 pips so far, which means additional 382 more pips is expected Within 6 weeks.
Hi. Gann says 13982 and if it cannot hold we should see 14220, lets see
Guardian Angel
Two Clocks All Time Return: -16.3%
Quoting Robinhood1
{quote} Hi. Gann says 13982 and if it cannot hold we should see 14220, lets see
Its holding at 13622 which is the 13747īs natural retrace. It dipped to 13572 as to balance the "no pullback" from 13513. so i donīt think it will let go 13622
Guardian Angel
Two Clocks All Time Return: -16.3%
GU within a key zone right now.
Oil approaching resistance
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Good Vibes - In charts we trust
Pulchra All Time Return: -88.4%
Quoting mysterio
My view We're on h1/daily demand, high volume node, BO/RT on dxy 1.36 area RBS {image}
Think there will be some accumulation/ranging between the high and low set today

Looking for a buy lower down at LO

If I can get the buy just right it will be 3 pip SL and 50 pip target, will try to get an entry up

Asia range will dictate the entry either it will be below yesterday's EQL or h1 demand area
Quoting Georginson
{quote} If price gets to 1.3528 and closes below it, then it's game over for bulls as bears will ferociously crash the price to 1.2950 area within weeks. Failure to close below 1.3528 is an invitation of 1.42 in weeks ahead. At least 700 pips range is expected between January to February, it's 318 pips so far, which means additional 382 more pips is expected Within 6 weeks.
I like reading and plotting your numbers George.
A close below 3528 could happen this week, but could be a tough ask.
To me, looks like 3605 area is important and would act as some resistance with a bounce from your 3528.
I've got oil coming down off resistance soon (next week)?
What's your thoughts?

Do you only trade GBPUSD?
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Good Vibes - In charts we trust
Pulchra All Time Return: -88.4%
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Banks would close if we all waited for the same thing !
Quoting trumps
{quote} I like reading and plotting your numbers George. A close below 3528 could happen this week, but could be a tough ask. To me, looks like 3605 area is important and would act as some resistance with a bounce from your 3528. I've got oil coming down off resistance soon (next week)? What's your thoughts? Do you only trade GBPUSD? {image} {image}
Thanks for your feedback. I don't follow crude oil anymore and yes I trade GBPUSD only. The bears had their chance yesterday and today to keep price below 1.3600 in order to attack that 1.3528 but as it stands they seem to be hesitating which is now giving bulls the initiative to resume their business of pushing the price to the north.
Swing and Intraday
Quoting Georginson
{quote} Thanks for your feedback. I don't follow crude oil anymore and yes I trade GBPUSD only. The bears had their chance yesterday and today to keep price below 1.3600 in order to attack that 1.3528 but as it stands they seem to be hesitating which is now giving bulls the initiative to resume their business of pushing the price to the north.
I've got the first local swing fib level at 36118.
A daily close below that after the retest today, clears the way for your 3528 next.
Good Vibes - In charts we trust
Pulchra All Time Return: -88.4%
Quoting Georginson
{quote} If price gets to 1.3528 and closes below it, then it's game over for bulls as bears will ferociously crash the price to 1.2950 area within weeks. Failure to close below 1.3528 is an invitation of 1.42 in weeks ahead. At least 700 pips range is expected between January to February, it's 318 pips so far, which means additional 382 more pips is expected Within 6 weeks.
700 pips range is expected between January to February ???

Who said it and for what ???
Together we can be strongest
not that it is important here in the gu thread, but still... did anyone noticed the ceiling, for now, on gold?

monthly view:
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daily view:
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Maadik Hugiis. IQ 69.
Quoting palpite
{quote} 700 pips range is expected between January to February ??? Who said it and for what ???
I've never posted in this forum but it does line up with the average monthly ADR. He's close jus not for January but Feb
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Quoting palpite
{quote} 700 pips range is expected between January to February ??? Who said it and for what ???

historical data of the last 10years have minimum and maximum for each month or quarterly range thats what George use to trade
I NEVER LOSE/=I EITHER WIN OR LEARN
ok , i switched to the bears side
sell signal at the 115m and h1 chart
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Quoting trumps
{quote} I've got the first local swing fib level at 36118. A daily close below that after the retest today, clears the way for your 3528 next.
Daily close 36117
Good Vibes - In charts we trust
Pulchra All Time Return: -88.4%
Quoting Georginson
{quote} Thanks for your feedback. I don't follow crude oil anymore and yes I trade GBPUSD only. The bears had their chance yesterday and today to keep price below 1.3600 in order to attack that 1.3528 but as it stands they seem to be hesitating which is now giving bulls the initiative to resume their business of pushing the price to the north.
close Day candle below 1.3611 so what did you think
3610 is "too high" to buy and "too low" to sell. I see 3730 and 3500 happening soon...the question is which will come first...I think 3730 will come first, but still not opening a long here...just waiting...
Everyone can see the chart, but only a few can actually read it.
Quoting Moty
ok , i switched to the bears side sell signal at the 115m and h1 chart {image} {image}
MA200 - M5 is the point for to open the trade.

Target of the pivot Daily = 1.3555

And have that other target iin 1.3528
Together we can be strongest
Sell - 1.3620
Together we can be strongest
Today buy above 3600 for target 3700/20.

Stop below Daily S1.
Intra day only.
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