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Cable Update (GBPUSD)

  • #668,621
  • Jul 11, 2022 10:44am Jul 11, 2022 10:44am
Quoting Waveskierrob
{quote} No sorry

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Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #668,622
  • Jul 11, 2022 10:47am Jul 11, 2022 10:47am
Quoting Fardeen1209
{quote} Wasalaam bro, the 20% chance is understandable, but what got me pondering for at least 4mins is what comes after the 1/5 chance. will it be 75bps hike or 50bps hike in july. the overall sentiments favored 75bps

  1. if 75 then cable may be flat, or down
  2. if less than 75, cable will go up faster than a rocket on short unwinding

  • #668,623
  • Jul 11, 2022 10:47am Jul 11, 2022 10:47am
Quoting lengendff
END of downtrend for GBPUSD.
if not then trennd is countinu down side
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  • #668,624
  • Jul 11, 2022 10:47am Jul 11, 2022 10:47am
Quoting BeeTogether
{quote} lets see it might just be a breather before further drops
looking UGLY tbh in lower TF:
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new try LOWER because 1.190 couldn't be broken...
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  • #668,625
  • Jul 11, 2022 10:52am Jul 11, 2022 10:52am
Quoting Moty
{image} {image}
note down 1975 price level for upside correction.
Intraday only.
  • #668,626
  • Jul 11, 2022 10:54am Jul 11, 2022 10:54am
GbpUSD - GU //ICHI 5m, hits cloud each time:
lets see at 1.190

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  • #668,627
  • Jul 11, 2022 11:00am Jul 11, 2022 11:00am
Quoting lengendff
END of downtrend for GBPUSD.
LIKE THIS ONE EU
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  • #668,628
  • Jul 11, 2022 11:02am Jul 11, 2022 11:02am
ok hit cloud on 5m
very likely to test lower or lowest now, beware

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  • #668,629
  • Jul 11, 2022 11:03am Jul 11, 2022 11:03am
Quoting PatienceFx
UK GDP data may push cable north on `wednesday, then drop on us cpi data {image}
Gov. Bailey Speech for Tuesday was also red, but now they changed it to orange which means I can trade Pound now Ju-Hu.
  • #668,630
  • Jul 11, 2022 11:08am Jul 11, 2022 11:08am
Quoting Whale
{quote} i know that rule, maybe im wrong.
Don't worry, everyone can be wrong, that's what S/L is for
https://breakpullback.com
  • #668,631
  • Jul 11, 2022 11:22am Jul 11, 2022 11:22am
nice price action.
ichi is very useful if you know how to read:

ichi rejection:
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  • #668,632
  • Jul 11, 2022 11:23am Jul 11, 2022 11:23am
Quoting BeeTogether
{quote} lets see it might just be a breather before further drops
Take a step back , you may have forgotten something..........
Brentford just 3 mins walk.......

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  • #668,633
  • Jul 11, 2022 11:26am Jul 11, 2022 11:26am
Quoting Pat Chiko
{quote} Take a step back , you may have forgotten something.......... Brentford just 3 mins walk....... {image}
more like a 30 min drive the dollar is bloody relentless today! Like on steroids
Insane in the Brain..
  • #668,634
  • Jul 11, 2022 11:28am Jul 11, 2022 11:28am
the journey continues
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  • #668,635
  • Jul 11, 2022 11:29am Jul 11, 2022 11:29am
Quoting eyefeelsix
{quote} Don't worry, everyone can be wrong, that's what S/L is for
This is what has happens to Robert two weeks ago...........

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  • #668,636
  • Jul 11, 2022 11:31am Jul 11, 2022 11:31am
lets see the lowest-bottom now pls
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  • #668,637
  • Jul 11, 2022 11:41am Jul 11, 2022 11:41am
GU

Want to short again ?

Maybee , tomorrow.........

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  • #668,638
  • Jul 11, 2022 11:43am Jul 11, 2022 11:43am
Quoting openyoureyes
lets see the lowest-bottom now pls {image}
i hope its clean
  • #668,639
  • Jul 11, 2022 11:52am Jul 11, 2022 11:52am

  1. price significanty below 20 sma - 74 pips
  2. chance of a fresh short Zero

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  • #668,640
  • Jul 11, 2022 11:55am Jul 11, 2022 11:55am
Quoting Pat Chiko
GU Want to short again ? Maybee , tomorrow......... {image}
yeah, now it's not great for a new entry.
if short in 1-2 hrs. you should have sold from 1.190 rejection

now eyeing 1.1880, for further down - maybe short stop, wait there


// I expect easy test of 1.180 - this week - maybe 1.16 later...
/// too many edits but certainly down until end of month rate decision
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