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Cable Update (GBPUSD)

  • #665,841
  • Jun 27, 2022 9:55pm Jun 27, 2022 9:55pm
Usdjpy and usdchf trend is upwards. Gbpusd trend still remains down
  • #665,842
  • Jun 27, 2022 10:07pm Jun 27, 2022 10:07pm
Guys, it's highly likely that market might have reached the high of the day. 1.2287 is the price.
1.2262. Anything moves below it, will make a new low of the week.
  • #665,843
  • Jun 27, 2022 10:10pm Jun 27, 2022 10:10pm
I would not be surprise if price will go up
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp.jpg Size: 280 KB
Click to Enlarge Name: 1.jpg Size: 311 KB
Trendlines H1,H4, SMC
  • #665,844
  • Jun 27, 2022 10:23pm Jun 27, 2022 10:23pm
Trading in range really hurts! Come on GU, resume the trend
  • #665,845
  • Jun 27, 2022 10:26pm Jun 27, 2022 10:26pm
Quoting JereMi256
Today will be tough, i lean with the bears to a greater extent, we might revisit the lows one more time. It's a 55 45 chance however, best to lower the risk till a clear break avails!
Hopefully! IMO, 1.19-1.20 could be break. Theres 2 major support at big timeframe. 1.14 and 1.08. Lets see later
  • #665,846
  • Jun 27, 2022 10:35pm Jun 27, 2022 10:35pm
Quoting ScalaFX
{quote} All shorts net protected, lets see we can make from this some more
Positions survived Asia session, that's sign I can add more 2270 added, Target for all still 2180 or deeper
People don't plan to lose. They lose because they don't plan.
  • #665,847
  • Jun 27, 2022 10:47pm Jun 27, 2022 10:47pm
Quoting ScalaFX
{quote} Positions survived Asia session, that's sign I can add more 2270 added, Target for all still 2180 or deeper
I am fully with you sir! Let's take it deeper. I expect this to fill to the downside before the month ends.

Cheers, as Wave would say.

Good morning.
  • #665,848
  • Jun 27, 2022 10:49pm Jun 27, 2022 10:49pm
Quoting Mitiblotch
{quote} I am fully with you sir! Let's take it deeper. I expect this to fill to the downside before the month ends. Cheers, as Wave would say. Good morning.
Yep. Me too fellows.
  • #665,849
  • Jun 27, 2022 11:14pm Jun 27, 2022 11:14pm
Attached Image (click to enlarge)
Click to Enlarge Name: aud.png Size: 13 KB
yes yes yes
  • #665,850
  • Jun 27, 2022 11:18pm Jun 27, 2022 11:18pm
Quoting iefx
{quote} Hopefully! IMO, 1.19-1.20 could be break. Theres 2 major support at big timeframe. 1.14 and 1.08. Lets see later
Well said.

I'm looking up to the reaction at 1.213, i believe this is the turning point for either a trend reversal/continuation.
Face 'ur fears & tame 'ur greed
  • #665,851
  • Jun 27, 2022 11:20pm Jun 27, 2022 11:20pm
P.S. This whole week we must maximaze our protection, we have decent data and we can see volatility we all waiting for, always protect your positions by SL or use best money management to secure your money, wish all green week! Cheers!
People don't plan to lose. They lose because they don't plan.
  • #665,852
  • Jun 27, 2022 11:38pm Jun 27, 2022 11:38pm
update

if the price does not fall under S, then we can break R and growth at 1.24
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.jpg Size: 326 KB
Trendlines H1,H4, SMC
  • #665,853
  • Jun 27, 2022 11:39pm Jun 27, 2022 11:39pm
Quoting ScalaFX
{quote} Positions survived Asia session, that's sign I can add more 2270 added, Target for all still 2180 or deeper
2285 added, pendings 2295
People don't plan to lose. They lose because they don't plan.
  • #665,854
  • Jun 27, 2022 11:39pm Jun 27, 2022 11:39pm
Has the time tome to start investing in CHF and JPY? Looking back in 2008 Euro and Pound did terribly, so one should expect the same to happen this time. As I said GBP fell 13000 pips over the course of several months when 2008 happened. What is your opinion on this? I find it near impossible to see Pound getting to 1.30 or 1.35 especially in these circumstances we are in now..
  • #665,855
  • Jun 27, 2022 11:42pm Jun 27, 2022 11:42pm
Also, Jordan stated that they will probably continue raising rates which should make, already strong CHF, even stronger.
  • #665,856
  • Jun 27, 2022 11:46pm Jun 27, 2022 11:46pm
Quoting ScalaFX
{quote} 2285 added, pendings 2295
Interesting, i have my first sell position waiting @1.2295
Face 'ur fears & tame 'ur greed
  • #665,857
  • Jun 27, 2022 11:53pm Jun 27, 2022 11:53pm
Attached Image (click to enlarge)
Click to Enlarge Name: aud.png Size: 15 KB
yes yes yes
  • #665,858
  • Jun 28, 2022 12:07am Jun 28, 2022 12:07am
Attached Image (click to enlarge)
Click to Enlarge Name: 24FF2D72-08F4-4AD5-86D3-D65BD31A7A8B.png Size: 119 KB
still in a squeeezzzze
  • #665,859
  • Jun 28, 2022 12:17am Jun 28, 2022 12:17am
Quoting JereMi256
{quote} Interesting, i have my first sell position waiting @1.2295
You took from hand? or still waiting ?
People don't plan to lose. They lose because they don't plan.
  • #665,860
  • Jun 28, 2022 12:21am Jun 28, 2022 12:21am
Quoting ScalaFX
{quote} You took from hand? or still waiting ?
I got ichy fingers @1.2280 but i let it go without me

we are still in the range, it can spike up any time, fingers crossed.
Face 'ur fears & tame 'ur greed
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