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Cable Update (GBPUSD)

  • #676,081
  • Aug 16, 2022 9:15pm Aug 16, 2022 9:15pm
NZD USD


RBNZ raises cash rate 50 basis points, Kiwi jumps.
Bulls move in on a critical 4-hour resistance

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  • #676,082
  • Aug 16, 2022 9:54pm Aug 16, 2022 9:54pm
Quoting Pat Chiko
NZD USD RBNZ raises cash rate 50 basis points, Kiwi jumps. Bulls move in on a critical 4-hour resistance {image}
on my chart..it will drop soon..
  • #676,083
  • Aug 16, 2022 10:29pm Aug 16, 2022 10:29pm
will it drop to 1.2050 because of reject from mid bb h4?
or candle close it stay above 1.21 to start bullish?
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  • #676,084
  • Aug 16, 2022 11:30pm Aug 16, 2022 11:30pm
Quoting voeltoez
will it drop to 1.2050 because of reject from mid bb h4? or candle close it stay above 1.21 to start bullish? {image}
Stay above 1.21 = bullish, pump it.
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  • #676,085
  • Aug 16, 2022 11:45pm Aug 16, 2022 11:45pm
i am waiting for y's high to break up to confirm up trend
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signal
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yes yes yes
  • #676,086
  • Aug 16, 2022 11:48pm Aug 16, 2022 11:48pm
Quoting Moty
i am waiting for y's high to break up to confirm up trend{image} signal{image}
yes, break of yesterday high, confirms first target R1.

Then a pull back to be bought too for uptrend today
Intraday only.
  • #676,087
  • Aug 16, 2022 11:48pm Aug 16, 2022 11:48pm
I am expecting to hit TP at 2040 today! And I expect it just after news. See if it works.
  • #676,088
  • Edited 12:55am Aug 17, 2022 12:00am | Edited 12:55am
I'm a Bull today!

Long in at 1.2121 target 1.2137
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Don't trade what you think. Just what you see!!!
  • #676,089
  • Aug 17, 2022 12:00am Aug 17, 2022 12:00am
British CPI may be a surprise like US CPI
Intraday only.
  • #676,090
  • Aug 17, 2022 12:03am Aug 17, 2022 12:03am
break up
my tp is 1.21477
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yes yes yes
  • #676,091
  • Aug 17, 2022 12:04am Aug 17, 2022 12:04am
Quoting navk
British CPI may be a surprise like US CPI
I think the forecast is too high.
  • #676,092
  • Aug 17, 2022 12:16am Aug 17, 2022 12:16am
good morning team
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  • #676,093
  • Aug 17, 2022 12:22am Aug 17, 2022 12:22am
selling UJ to start
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  • #676,094
  • Aug 17, 2022 12:45am Aug 17, 2022 12:45am
Quoting PatienceFx
selling UJ to start {image}
quit -10
  • #676,095
  • Aug 17, 2022 12:46am Aug 17, 2022 12:46am
Quoting JereMi256
I would love to see how 1.2130 reacts, sell limit placed @2128
I expected this to touch before news, holding position till battle front(CPI) , will add higher till 1.2159

SL 1.2165
TP 1.2057
Face 'ur fears & tame 'ur greed
  • #676,096
  • Aug 17, 2022 12:48am Aug 17, 2022 12:48am
just a good target now bull is 2147, may in range up more or less , more may correct below 2104 to evn 2074 to up . anyway it likely take the target before next decision.
so checking usdx. Yesterday a doji but at least broken correction signal up and logically a little correction down 105.44 to up continue, not necessary but better only. unlike eu it already printed a new high towards target , so extension to failure most possible .
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #676,097
  • Aug 17, 2022 12:56am Aug 17, 2022 12:56am
Looks like they didn't get exactly what they were looking for out of the US session, so it's cracked another high.
Let's hope the drop is a nice one.
  • #676,098
  • Aug 17, 2022 1:02am Aug 17, 2022 1:02am
Massive green on the Uk data . This could go all the way to 122
Insane in the Brain..
  • #676,099
  • Aug 17, 2022 1:04am Aug 17, 2022 1:04am
Quoting Theoak
I'm a Bull today! Long in at 1.2121 target 1.2137 {image}
Well that was quick
Don't trade what you think. Just what you see!!!
  • #676,100
  • Aug 17, 2022 1:06am Aug 17, 2022 1:06am
Quoting BeeTogether
Massive green on the Uk data . This could go all the way to 122
Yup, all green data for the news, initial pump after the news was great, pumped it to near my TP, then suddenly the momentum of the candle fizzled out, leaving a long up wick.

Maybe the green candles will follow suit after giving it some time?
Anyway, PUMP IT.
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