Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#656,861
Edited 12:27pm Apr 24, 2022 11:59am | Edited 12:27pm

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

Quoting Georginson

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{quote} Thanks for the positive feedback on my analysis. As regards the possibility of 1.2550 being a potential bottom area, such occurence will likely provoke full scale sell off to 1.22 area and will invalidate 1.43 this year. Whether 1.2550 happens or not, 1.3775 must be seen this year 2022. remember money management is the king of all analysis. Cheers.

Ignored

1.2031 may next support this year or next and may not get good support to bounce enough ! next weekly support goes to 1.2674 while limit up iis 1.2971 and tank target 1.2500 before bounce try typically next over 1.3298 but limit up 1.3159 may be active that time and hence bounce may be aborted and continue yearly bear towards the low of the year possible towards 1.2031!!

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Not understand?better not follow my analyses!doubt clearer first, risks ++

#656,862
Apr 24, 2022 3:16pm Apr 24, 2022 3:16pm

mysterio
Joined Sep 2009 | Status: Trader | 6,009 Posts

Intraday view

1.28 is short target

Retracement bounce could be as low as 1.2730s

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#656,863
Apr 24, 2022 3:33pm Apr 24, 2022 3:33pm

BeeTogether
Joined Oct 2020 | Status: Trader | 14,017 Posts

Quoting mysterio

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Intraday view 1.28 is short target Retracement bounce could be as low as 1.2730s {image}

Ignored

hi mate don’t you think we might see an immediate upswing due to the French elections? I do agree it’s a bearish trend though so maybe until the dust settles ?

Insane in the Brain..

#656,864
Apr 24, 2022 3:53pm Apr 24, 2022 3:53pm

KeenPips
Joined Dec 2015 | Status: Trader | 8,751 Posts

The technical structure and order flow of GBPUSD price action on the daily time frame favour bears. On Friday, a relatively big bearish candlestick broke down the 1.29800/1.30620 area (magenta), nestled in the 1.29800/1.31300 weekly supply zone, flipping it as the operating horizontal resistance.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money

#656,865
Apr 24, 2022 4:13pm Apr 24, 2022 4:13pm

donfriday
Joined Jan 2009 | Status: bye FF | 8,806 Posts

Quoting Georginson

Disliked

{quote} Thanks for the positive feedback on my analysis. As regards the possibility of 1.2550 being a potential bottom area, such occurence will likely provoke full scale sell off to 1.22 area and will invalidate 1.43 this year. Whether 1.2550 happens or not, 1.3775 must be seen this year 2022. remember money management is the king of all analysis. Cheers.

Ignored

guud post bro...

MY OPINION NOT FINANCIAL ADVISE

#656,866
Apr 24, 2022 4:34pm Apr 24, 2022 4:34pm

mysterio
Joined Sep 2009 | Status: Trader | 6,009 Posts

Quoting BeeTogether

Disliked

{quote} hi mate don’t you think we might see an immediate upswing due to the French elections? I do agree it’s a bearish trend though so maybe until the dust settles ?

Ignored

Oh yeah good point-- well depends who wins I guess? If LePen gets it then maybe down swing? Will keep an eye out for that I'll tune into the news tomorrow early. Thanks bro

#656,867
Apr 24, 2022 5:20pm Apr 24, 2022 5:20pm

trumps
Joined Mar 2020 | Status: Trader | 3,499 Posts

At this point, I would see bullish activity as a sell opportunity towards target support zone below

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Compulsions can be hard to resist

#656,868
Apr 24, 2022 6:12pm Apr 24, 2022 6:12pm

Profit
| Joined Apr 2022 | Status: Trader | 7 Posts

Quoting BeeTogether

Disliked

{quote} hi mate don’t you think we might see an immediate upswing due to the French elections? I do agree it’s a bearish trend though so maybe until the dust settles ?

Ignored

Incumbent Emmanuel Macron Has Won 2022 French Presidential Election According to Exit Polls

#656,869
Apr 24, 2022 7:21pm Apr 24, 2022 7:21pm

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

Quoting Moty

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{image}{image}

Ignored

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yes yes yes

#656,870
Apr 24, 2022 7:43pm Apr 24, 2022 7:43pm

crow
Joined Sep 2013 | Status: Cocaine | 406 Posts

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#656,871
Apr 24, 2022 7:45pm Apr 24, 2022 7:45pm

navk
Joined Oct 2010 | Status: Trader | 21,479 Posts

2816 to 2850 first to me.

I am long now

Intraday only.

#656,872
Apr 24, 2022 8:00pm Apr 24, 2022 8:00pm

TooSlow
Joined Mar 2012 | Status: Trader | 14,314 Posts

Quoting Nd10

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{quote} Please which other price are you seeing? Kindly share. I see 1.34 to 1.35

Ignored

The current price. Daily open, high, low. No crystal ball here, Mate. CHEERS!

My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade

#656,873
Apr 24, 2022 8:07pm Apr 24, 2022 8:07pm

Erebus
Joined Jul 2011 | Status: Gold Again | 10,569 Posts

Quoting crow

Disliked

{image}

Ignored

So it more than just the ZIGZAG signals?

It takes a lot for me to IGNORE you, but you can try.

#656,874
Apr 24, 2022 8:34pm Apr 24, 2022 8:34pm

BigNumbers
| Commercial User | Joined Jul 2021 | 3,280 Posts

Gbpjpy short
target : 162:033
325 pips

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My telegram: https://t.me/avidforex

#656,875
Apr 24, 2022 8:50pm Apr 24, 2022 8:50pm

fxnewworld
| Joined Apr 2022 | Status: Trader | 8 Posts

In my personal opinion, GDPUSD try to testing the support level 2 (1.27222) Fibonacci 161.8%
but be careful with the "Durable Goods Orders m/m" on Tuesday
and "Advance GDP q/q" on Thursday.

Resistance 2: 1.33022
Resistance 1: 1.31543
Support 1: 1.29686
Support 2: 1.27222 (Fibonacci 161.8%)

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