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Cable Update (GBPUSD)

  • #664,501
  • Jun 18, 2022 11:51am Jun 18, 2022 11:51am
Quoting Bones
range ? {image} {image}
logically try range a little but strong bearish still at the big support , monthly may try close around 1.2032, and doing so low can be more lows towards 1.1861 and good possible fail to do then next hope down toward 1.1300 weekly close after a good correction up 1.2666 + towards limit 1.3160. lets see how unfold .

usdx may support this bear as likely next bull target 109 + while correction 102.84/60 tl
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly1.png Size: 11 KB
Click to Enlarge Name: GBPUSDDaily1.png Size: 12 KB
Click to Enlarge Name: usdx2.png Size: 21 KB
Click to Enlarge Name: usdx.png Size: 22 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 13 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #664,502
  • Jun 18, 2022 12:14pm Jun 18, 2022 12:14pm
We are in a large range from 1.4 to 1.2 anything above or below this 2 numbers in the last 5 yrs are liquidity


In this coming 3rd quarter I remain bullish as I have state for the past 2 months

Key target is 1.2775 and 1.30 I am using hourly chart to enter this trades step by step

follow at ur own risk.
MY OPINION NOT FINANCIAL ADVISE
  • #664,503
  • Jun 18, 2022 12:17pm Jun 18, 2022 12:17pm
Quoting ninner
{quote} depends what your short term trading system parameters imply??

  1. google effect of rate hike on currency
  2. alternative check weekly chart for what happened during every rate hike or rate cut
  3. market had already priced in a 75 bps rate hike ; now that july 75 bps is also announced ......
  4. a break below 2172 .................

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 14 KB
  • #664,504
  • Jun 18, 2022 1:18pm Jun 18, 2022 1:18pm
Quoting Bones
range ? {image} {image}
yes Bones, gu isnt trending and for me it is a no touchy right now.
  • #664,505
  • Jun 18, 2022 1:19pm Jun 18, 2022 1:19pm
Quoting ninner
{quote} yes Bones, gu isnt trending and for me it is a no touchy right now.
lol...depends what the market does...i know what hikes do to currencies lol...but we will see what the future data does as compared to the past data .
  • #664,506
  • Jun 18, 2022 5:07pm Jun 18, 2022 5:07pm
In Forex, AUDUSD, GBPUSD, EURUSD all LONG this coming week; But In Cryto USD is very strong.
My telegram: https://t.me/avidforex
  • #664,507
  • Jun 18, 2022 5:39pm Jun 18, 2022 5:39pm
Quoting BigNumbers
In Forex, AUDUSD, GBPUSD, EURUSD all LONG this coming week; But In Cryto USD is very strong.
just follow your system big numbers.
  • #664,508
  • Jun 19, 2022 3:41am Jun 19, 2022 3:41am
cable, intraday for week open
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 63 KB
  • #664,509
  • Jun 19, 2022 5:25am Jun 19, 2022 5:25am
Cable remains in an upward trend. Two levels of resistance close above but price should reach 1.24400 next week
  • #664,510
  • Jun 19, 2022 6:00am Jun 19, 2022 6:00am
Quoting chess king
{quote} ZIG-ZAG from HH 68xxx
Playing chess? Rating?
  • #664,511
  • Jun 19, 2022 7:02am Jun 19, 2022 7:02am
Sell the retrace rallies for downtrend continuation.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #664,512
  • Jun 19, 2022 7:10am Jun 19, 2022 7:10am
monday calendar is mostly dry
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 21 KB
  • #664,513
  • Jun 19, 2022 9:01am Jun 19, 2022 9:01am
Quoting PatienceFx
monday calendar is mostly dry {image}
if no news drive then no breakout actively up , , still 2251/2290 ok to tank more towards below 2040 typically to 1.1990 or previous bottom or more as of standard pa . lets see how play
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 14 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #664,514
  • Jun 19, 2022 10:46am Jun 19, 2022 10:46am
From a H4 perspective it seems like Cable is still in correction phase and may be range bound between 1.1800 and 1.2265.
Attached Image (click to enlarge)
Click to Enlarge Name: 2022-06-19 GBPUSD H4.png Size: 49 KB
  • #664,515
  • Jun 19, 2022 11:20am Jun 19, 2022 11:20am
From weekly to one hour...

Eurusd long
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 22 KB
My telegram: https://t.me/avidforex
  • #664,516
  • Jun 19, 2022 11:24am Jun 19, 2022 11:24am
GBPUSD LONG
But we have to wait for rejection at the present level...
Attached Image (click to enlarge)
Click to Enlarge Name: GU22.png Size: 20 KB
My telegram: https://t.me/avidforex
  • #664,517
  • Jun 19, 2022 12:28pm Jun 19, 2022 12:28pm
Quoting BigNumbers
GBPUSD LONG But we have to wait for rejection at the present level... {image}
also if you are otpimistic:
Attached Image (click to enlarge)
Click to Enlarge Name: tothetop.jpg Size: 111 KB
amazing how the fiv is strictly respected
rip and tear until it's done
  • #664,518
  • Jun 19, 2022 3:35pm Jun 19, 2022 3:35pm
BTCUSD LONG
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Click to Enlarge Name: btc22.png Size: 23 KB
My telegram: https://t.me/avidforex
  • #664,519
  • Jun 19, 2022 3:37pm Jun 19, 2022 3:37pm
GBPUSD price action on the daily time frame turned sideways after a 61.8/78.6 zonal retracement of the 1.25950/1.19330 bearish swing. Technically, any further bullish move will be temporary, giving way to a bearish turnaround.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily_June 19, 2022.png Size: 14 KB
Do your homework, follow the footprints of smart money
  • #664,520
  • Jun 19, 2022 4:30pm Jun 19, 2022 4:30pm
'all see this as a wave 4 pullback to the downside or a wave 2 pullback to the upside?
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