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Cable Update (GBPUSD)

  • #673,061
  • Aug 3, 2022 4:04am Aug 3, 2022 4:04am
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yes yes yes
  • #673,062
  • Aug 3, 2022 4:06am Aug 3, 2022 4:06am
shorted @ 1.2193 and 1.2200
now we wait...
  • #673,063
  • Aug 3, 2022 4:07am Aug 3, 2022 4:07am
GU should bounce from this trendline. Next target 1.22. EU data is positive should pull GU along.
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  • #673,064
  • Aug 3, 2022 4:31am Aug 3, 2022 4:31am
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yes yes yes
  • #673,065
  • Aug 3, 2022 4:32am Aug 3, 2022 4:32am
Quoting BeeTogether
{quote} i think it was not as good as expected however the drop is not a quick one so maybe it won’t have much effect {image}

it still expanded even with rate increase..that is good
but i might be reading this wrong
  • #673,066
  • Aug 3, 2022 4:34am Aug 3, 2022 4:34am
Quoting EvilEye
shorted @ 1.2193 and 1.2200 now we wait...
It’s gonna trickle down I think no major drops or spikes just yet
Insane in the Brain..
  • #673,067
  • Aug 3, 2022 4:45am Aug 3, 2022 4:45am
I buy risky but no problem
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  • #673,068
  • Aug 3, 2022 4:49am Aug 3, 2022 4:49am
Quoting ScalaFX
GU 2200 Starting shorting, will add more
Will be taking profit where QM starts 1.213x and looking for long, also we have there H1 H4 down TL up trend line so we can see a bounce there but first will be watching PA what do there, trade safe all!
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People don't plan to lose. They lose because they don't plan.
  • #673,069
  • Aug 3, 2022 4:56am Aug 3, 2022 4:56am
GU will climb up to around 1.221X before the fall.
waiting for better price.
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  • #673,070
  • Aug 3, 2022 4:58am Aug 3, 2022 4:58am
Long @1.2171
-12pips risk

TP mental
Face 'ur fears & tame 'ur greed
  • #673,071
  • Aug 3, 2022 5:04am Aug 3, 2022 5:04am
Quoting Theoak
{quote} Short in art 1.2184 We know there is support at 1.2163, so be careful
+16 pips. I want the 1.2163 level to break to target the recent lows. Buyers will get in the market at this level so must protect profits at all costs, but don't you worry will be looking to short again..... Key 1.2163 (Monday's daily lows)!!!
Don't trade what you think. Just what you see!!!
  • #673,072
  • Aug 3, 2022 5:11am Aug 3, 2022 5:11am
Quoting JereMi256
Long @1.2171 -12pips risk TP mental
Closed +15pips
Face 'ur fears & tame 'ur greed
  • #673,073
  • Aug 3, 2022 5:16am Aug 3, 2022 5:16am
Quoting nAVIN2007
{quote} it still expanded even with rate increase..that is good but i might be reading this wrong
Yeah although I think it’s because it’s contracting which could spell a worry
Insane in the Brain..
  • #673,074
  • Aug 3, 2022 5:30am Aug 3, 2022 5:30am
The U.S. PMI data might be soft and cause GBP/USD to rally.

I went long from 1.218, stop loss is under 1.21, target is 1.228+.
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #673,075
  • Aug 3, 2022 5:33am Aug 3, 2022 5:33am
Quoting voeltoez
Bounce from middle bollinger bands h4...will see low or 1.2100 {image}
im done for now..open again at us session
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  • #673,076
  • Aug 3, 2022 5:33am Aug 3, 2022 5:33am
Quoting ForexGoose
The U.S. PMI data might be soft and cause GBP/USD to rally. I went long from 1.218, stop loss is under 1.21, target is 1.228+.
You are correct - a weak USA PMI would cause the DXY to fall giving us better heights to short.
...because you never know - until you do!
  • #673,077
  • Aug 3, 2022 5:34am Aug 3, 2022 5:34am
Had short in @ 56..closed off manually @ a loss can't see gu hitting new lows today...will wait USA data...to go long...
average dude treading water
  • #673,078
  • Aug 3, 2022 5:45am Aug 3, 2022 5:45am
Quoting BeeTogether
{quote} Yeah although I think it’s because it’s contracting which could spell a worry

would do that is the point of the rate rise
  • #673,079
  • Aug 3, 2022 5:49am Aug 3, 2022 5:49am
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  • #673,080
  • Aug 3, 2022 6:12am Aug 3, 2022 6:12am
Quoting nAVIN2007
{quote} would do that is the point of the rate rise
The rate has many factors, spending is out of control house prices are crazy high cost of living plus life outside the EU where we are paying a lot more for everything
Insane in the Brain..
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