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Cable Update (GBPUSD)

  • #654,521
  • Mar 22, 2022 10:40am Mar 22, 2022 10:40am
Quoting Georginson
{quote} 1.3550 is a potential swing for target of 1.29 in weeks ahead... The above analysis is for 1 - 2 weeks Projection.
Thanks for your answer
There is nothing wrong with being kind & loving to each other
  • #654,522
  • Mar 22, 2022 10:48am Mar 22, 2022 10:48am
the reversal is confirm from all directions
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yes yes yes
  • #654,523
  • Mar 22, 2022 10:48am Mar 22, 2022 10:48am
Quoting Moty
{quote} Yes I know, I was in Long yesterday with a target at 1.325000 but when I saw him stop at 1.32000, I took profit and then he went down again and again I took Long and took profit again at 1.32000 but today he decided to continue
I believe in the drop around 1.32, so you can close you trade in the break even and wait the market to show the next entry.
Together we can be strongest
Vantage Return This Month: na
  • #654,524
  • Edited 11:16am Mar 22, 2022 11:04am | Edited 11:16am
Quoting Wavegarrick
{quote} Hi Guys, The little positive I take from my buy trades is that Friday's high has been broken. I have a 4hr close below 1.320000. but a daily close above will be more assuring for me. A break of last week's high at 1.32019 ish will be even better.. Possible retrace towards my future daily pivot at 1.318000 Take Care. {image}
Hi Guys,
Right now I am not going to play devil's advocate in calling direction. We are at my 61.8% fib retrace at 1.32700 and a very important 1.33000 just above. If price closes above 1.32000 it will be positive for bulls and more so above 1.33000. A daily close below 1.32000 will change my bullish bias.
All trades are locked in and I will take whatever the market throws at me.
Trade safe
Cheers.
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Trade to trade another day
  • #654,525
  • Mar 22, 2022 11:50am Mar 22, 2022 11:50am
You shell not pass
Nice block there
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yes yes yes
  • #654,526
  • Mar 22, 2022 12:15pm Mar 22, 2022 12:15pm
Hello every one I never see any ta about commodities why?
  • #654,527
  • Mar 22, 2022 12:26pm Mar 22, 2022 12:26pm
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yes yes yes
  • #654,528
  • Mar 22, 2022 1:17pm Mar 22, 2022 1:17pm
Quoting Moty
{image} {image}

let your position hold duration of winning trade longer than losing.
MY OPINION NOT FINANCIAL ADVISE
  • #654,529
  • Mar 22, 2022 1:27pm Mar 22, 2022 1:27pm
price to watch in 2nd quarter for another key PA

possible down to 1.30 1.29 and 1.28 for buying interest
possible up to 2022 open 1.3550 area break above switch to a bullish trend
MY OPINION NOT FINANCIAL ADVISE
  • #654,530
  • Mar 22, 2022 1:45pm Mar 22, 2022 1:45pm
Been trying to short this pair around 3256 but it isn't coming down so keep getting out with few pips profit. GJ already rose about 300 oips today and is currently at a price from which it fell over 400 pips in one day. I am taking my chance for at least 25 pips.

Went short 160.07. Will jump out at 159.80. I hope that's not too much to ask from the devils moving price?
  • #654,531
  • Mar 22, 2022 2:24pm Mar 22, 2022 2:24pm
Quoting Mitiblotch
Been trying to short this pair around 3256 but it isn't coming down so keep getting out with few pips profit. GJ already rose about 300 oips today and is currently at a price from which it fell over 400 pips in one day. I am taking my chance for at least 25 pips. Went short 160.07. Will jump out at 159.80. I hope that's not too much to ask from the devils moving price?
Please help us push GU to 1.332
  • #654,532
  • Mar 22, 2022 2:28pm Mar 22, 2022 2:28pm
Quoting donfriday
price to watch in 2nd quarter for another key PA possible down to 1.30 1.29 and 1.28 for buying interest possible up to 2022 open 1.3550 area break above switch to a bullish trend
Nice analysis Don baba. A bit of tweaking would mean a solid break above 1.365 would really confirm bullish Biase till 1.4 area. If it still remains under, sell till 1.28 - 1.30
  • #654,533
  • Mar 22, 2022 2:55pm Mar 22, 2022 2:55pm
Quoting Georginson
{quote} 1.3550 is a potential swing for target of 1.29 in weeks ahead... The above analysis is for 1 - 2 weeks Projection.
IMHO if we see 1.3550 I cannot see 1.29..but 1.4 at least
  • #654,534
  • Mar 22, 2022 3:16pm Mar 22, 2022 3:16pm
Quoting Nd10
{quote} Please help us push GU to 1.332
Pound should lift up tomorrow. Chancellor will release Spring Statement to ease households with living cost, fuel, suspend tax and NI increase.

https://www.telegraph.co.uk/money/co...or-date-sunak/
  • #654,535
  • Mar 22, 2022 3:21pm Mar 22, 2022 3:21pm
Quoting nAVIN2007
{quote} IMHO if we see 1.3550 I cannot see 1.29..but 1.4 at least
Hi Nav,
Welcome back. Long time. You were not adding your strength again to our buys . Will resume selling from 1.35 area till 1.29 unless 1.365 is dealt with seriously
  • #654,536
  • Mar 22, 2022 3:22pm Mar 22, 2022 3:22pm
Quoting Jolita
{quote} Pound should lift up tomorrow. Chancellor will release Spring Statement to ease households with living cost, fuel, suspend tax and NI increase. https://www.telegraph.co.uk/money/co...or-date-sunak/
Hi Jolita,
Happy to read this. Can't wait for it to hit from 1.33 to 1.35 so i commence selling again to 1.29 area
  • #654,537
  • Edited 4:48pm Mar 22, 2022 3:22pm | Edited 4:48pm
I can assure you inflation is rampant in the Uk,
probably go double digit this year cpi (lie)
If you take electric, the unit rate would have tripled in less than 15 months by the next rise in April and thats huge
this government is totally out of touch offering a 200 loan in October to deal with the problem ,some people get 150 off their council tax
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #654,538
  • Mar 22, 2022 3:25pm Mar 22, 2022 3:25pm
Quoting nAVIN2007
{quote} IMHO if we see 1.3550 I cannot see 1.29..but 1.4 at least

its likely that 1.3550 will break if we see that level again can take us to 1.42 but i am waiting for 1 more test of 1.30 1.29 2nd quarter is bullish for me
MY OPINION NOT FINANCIAL ADVISE
  • #654,539
  • Mar 22, 2022 3:28pm Mar 22, 2022 3:28pm
Quoting Nd10
{quote} Please help us push GU to 1.332
Just give me 159.80 on GJ (sold 160.07 for scalp) then you can 2.0 on GU. Lol
  • #654,540
  • Mar 22, 2022 3:51pm Mar 22, 2022 3:51pm
this daily is proven bullish by the break
with the high probability weekly in mind it will go higher
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On-site guru & also FF member's' psychiatrist, when not drinking tea
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