Cable Update (GBPUSD)

Quoting Wavegarrick

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{quote} As much as I would like to believe that the 4 hr time frame is my only time frame I also have to look at the higher time frames. We have a significant pullback from last weeks low at 1.20000 and I am getting buy signals from a daily t/frame perspective. I have a buy trade at 1.20789 with a 50 pip stop. A daily close above my green horizontal line at 1.20608 puts bulls back in charge, below bears. Things are tough, I know when it comes to this. a daily close above 1.21275 should seal the deal for bulls. Take...

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Quoting Moty

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{image}

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Quoting Whale

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{quote} what the worse thing can happen?

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Quoting Georginson

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{quote} That 1.2060 looked like a strong support last week as well before it got cleanly broken to 1.2003, it will require strong fundamentals to break it cleanly. Today is perfectly poised for a gigantic range of between 140 - 180 pips. Expect a break out... Key levels are 1.2150 and 1.2060 ✓A break of 1.2060 exposes 1.1890 ✓A break of 1.2150 exposes 1.2290 If buying, simply put your stop at 1.2058 If selling, simply put your stop at 1.2152. I'm selling with a position opened at 1.2135 and tight stop already applied at 1.2152....

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Quoting carbonmimeti

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GBPUSD 15 min: The height of the climb = 2 times the base ... now it's time for a retracement {image}

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Quoting RCtrader

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My bets are on gbpusd being bullish till the end of the day.

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Quoting boodvah

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lets see if this is impulse or if it was part of the plan..

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