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Cable Update (GBPUSD)

  • #665,681
  • Jun 26, 2022 3:44pm Jun 26, 2022 3:44pm
GBPUSD price action on the daily time frame is sideways in a technically bearish market environment, the 1.30850/1.19315 (blue) bearish trading range. There has been a bearish rejection of the 1.27430/1.25840 major horizontal support zone (purple) seen on the weekly time frame, but we may still have a northward market engineering for liquidity grab. Personally, I am bearish on this pair, but, as a swing trader, I will await a feasible bearish setup at an area of value, perhaps within the 1.24120/1.24930 area of price imbalance (red).

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #665,682
  • Jun 26, 2022 3:57pm Jun 26, 2022 3:57pm
Has the market opened? My ig is showing this

like big gaps
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Insane in the Brain..
  • #665,683
  • Jun 26, 2022 4:02pm Jun 26, 2022 4:02pm
Quoting BeeTogether
Has the market opened? My ig is showing this like big gaps {image}
Is that really a big gap?
  • #665,684
  • Jun 26, 2022 4:31pm Jun 26, 2022 4:31pm
Quoting BrainBucks
{quote} Is that really a big gap?
Big between 9pm and 9.30
Insane in the Brain..
  • #665,685
  • Jun 26, 2022 5:57pm Jun 26, 2022 5:57pm
This week going to be like a Landmine or Goldmine?


Lagarde speech Monday and Tuesday

US GDP Wednesday (Recession on the cards?)

and then, for US speakers:
- Mester
- Powell
- Bullard

G7 Internationally....:speaker
- Lagarde
- Bailey

UK GDP Thursday

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Just watch out for USD/JPY Bull Trap..
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #665,686
  • Jun 26, 2022 6:38pm Jun 26, 2022 6:38pm
Quoting Yocam
HOLDING SHORT ON GU AND GO SHORT ON BTC {image} {image}
I'm out from both just waiting for another setup......as they say it's a waiting game .... good luck for all
  • #665,687
  • Jun 26, 2022 8:42pm Jun 26, 2022 8:42pm
2283 short.

My stop 2300.

Target daily s2. Close to 2200.
Intraday only.
  • #665,688
  • Jun 26, 2022 9:11pm Jun 26, 2022 9:11pm
Well last Friday was lacklustre, but yes - the calendar has a pile of red news this week.
Still ranging but at least the heavy moving averages are getting within range.

Looks like we're at top of the range looking to rotate down again, but I think we are still going up hard before dropping off.
Am going to wait to see what happens out of London.
  • #665,689
  • Jun 27, 2022 12:05am Jun 27, 2022 12:05am
Quoting navk
2283 short. My stop 2300. Target daily s2. Close to 2200.
Okay Iam in.
  • #665,690
  • Jun 27, 2022 12:12am Jun 27, 2022 12:12am
Quoting navk
2283 short. My stop 2300. Target daily s2. Close to 2200.
as long price is above daily pivot , i am long
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yes yes yes
  • #665,691
  • Jun 27, 2022 12:50am Jun 27, 2022 12:50am
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yes yes yes
  • #665,692
  • Jun 27, 2022 1:24am Jun 27, 2022 1:24am
my view
If below R = short
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Trendlines H1,H4, SMC
  • #665,693
  • Jun 27, 2022 1:25am Jun 27, 2022 1:25am
watching 2249 , if breaks then will watch for price 2200 below to restart up ! breaks and hold 2266 is important , better H 1 close below 2270..lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #665,694
  • Jun 27, 2022 1:44am Jun 27, 2022 1:44am
my goodness, cable traders have a lot of patience, my salute
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  • #665,695
  • Jun 27, 2022 2:04am Jun 27, 2022 2:04am
It’s a bull!! Well so far this morning lol
Insane in the Brain..
  • #665,696
  • Jun 27, 2022 2:12am Jun 27, 2022 2:12am
this girl earned 900 usd from YouTube for posting this video

my salute to those 900k viewers who spent time watching it

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  • #665,697
  • Jun 27, 2022 2:23am Jun 27, 2022 2:23am
Quoting BeeTogether
It’s a bull!! Well so far this morning lol
sideway.
as long price below 1.24 and above last week low.
  • #665,698
  • Jun 27, 2022 2:27am Jun 27, 2022 2:27am
Quoting OnlineAddict
{quote} Its at 2270 now +-...20 pips seem like nothing for GU during all Asia on monday...I would't be surprised if I woke up to 2330-50 before London opens.
Well, good morning, everyone.
Everyone can see the chart, but only a few can actually read it.
  • #665,699
  • Jun 27, 2022 2:28am Jun 27, 2022 2:28am
Two sets of stops smashed in the changeover.
Go long on pullback (if we get one!)
  • #665,700
  • Jun 27, 2022 2:28am Jun 27, 2022 2:28am
Quoting Whale
{quote} sideway. as long price below 1.24 and above last week low.
this is why i saluted all cable traders
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