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Cable Update (GBPUSD)

  • #677,281
  • Aug 21, 2022 2:35pm Aug 21, 2022 2:35pm
Quoting boodvah
{quote} or even to the S61 {image}
nice.... AM waiting for the market to open up for me to scalp it up... i kinda missed the sell thou..
  • #677,282
  • Aug 21, 2022 2:38pm Aug 21, 2022 2:38pm
Quoting Whale
Xe showing gap down, atm below 1.18. below the fresh OB Hope it is wrong data else i must take my long out
Better checking xe od other live charts minimum 1hr before market open, now is 1.1829
People don't plan to lose. They lose because they don't plan.
  • #677,283
  • Aug 21, 2022 2:40pm Aug 21, 2022 2:40pm
Most importantly make sure one is on the right side of the trend which appears to be down.
  • #677,284
  • Aug 21, 2022 2:41pm Aug 21, 2022 2:41pm
Quoting Broke.Ricch
{quote} nice.... AM waiting for the market to open up for me to scalp it up... i kinda missed the sell thou..
DXY seems hella bullish... pushing to the previous higher high... i bet its gona break thru 109.204
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  • #677,285
  • Aug 21, 2022 3:27pm Aug 21, 2022 3:27pm
Quoting Whale
Xe showing gap down, atm below 1.18. below the fresh OB Hope it is wrong data else i must take my long out
XE rates don't really have any impact on market trading. The weekend rates are just used by money changers which are wildly inaccurate; they simply widen the spreads by a mile to ensure they are safe from any fluctuations.
  • #677,286
  • Aug 21, 2022 3:38pm Aug 21, 2022 3:38pm
If you are tracking GBPUSD this week, consider this technical perspective by a medium-term swing trader. GBPUSD price action on the daily time frame is bearish. Although technicals and the order flow favour further southward move we may still witness a bullish correction, as price action tackles the 1.18270/1.17390 horizontal support zone (green), before further southward drive.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #677,287
  • Aug 21, 2022 3:51pm Aug 21, 2022 3:51pm
Quoting Pat Chiko
Looking forward next week on GBP GBP/USD collapses to fresh six-week lows reached at 1.1791. Sentiment shifted sour as traders assessed recent Fed hawkish commentary. Next week, the UK calendar will unveil August’s S&P Global/CIPS PMIs. On the US front, the economic docket will feature S&P Global PMIs for August, claims for unemployment, the Fed Jackson Hole Economic Symposium, where Fed Chair Jerome Powell will speak, and the Fed’s favorite gauge of inflation, PCE for July, UK PM ? any effect to GBP ?.
Sounds like a very bumpy road
  • #677,288
  • Aug 21, 2022 5:40pm Aug 21, 2022 5:40pm
Quoting KeenPips
If you are tracking GBPUSD this week, consider this technical perspective by a medium-term swing trader. GBPUSD price action on the daily time frame is bearish. Although technicals and the order flow favour further southward move we may still witness a bullish correction, as price action tackles the 1.18270/1.17390 horizontal support zone (green), before further southward drive. I may be wrong. Trade safe and prosper. KP {image}
in my opinoin. clear downtrend and may be some correction between 1.1909 - 1.1935
and may see 1.1415 at end of week
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good luck
  • #677,289
  • Edited 8:03pm Aug 21, 2022 7:35pm | Edited 8:03pm
1813/12 long.

stop 1800
Intraday only.
  • #677,290
  • Aug 21, 2022 7:48pm Aug 21, 2022 7:48pm
Quoting navk
1813 long. stop 1800
Do you have a TP
  • #677,291
  • Aug 21, 2022 8:03pm Aug 21, 2022 8:03pm
Quoting Chris_35
{quote} Do you have a TP
40 pips.

Atleast upto daily pivot first target
Intraday only.
  • #677,292
  • Aug 21, 2022 8:04pm Aug 21, 2022 8:04pm
long at 1.18081
sl at 1.17905
tp at 1.18734
be a thinker before being a reacter
  • #677,293
  • Aug 21, 2022 8:08pm Aug 21, 2022 8:08pm
Quoting navk
{quote} 40 pips. Atleast upto daily pivot first target
Brave!!!
  • #677,294
  • Aug 21, 2022 8:15pm Aug 21, 2022 8:15pm
Quoting keyman.
{quote} When the car enters the toilet, it does not squeak, but when the guru flies to the moon, he declares himself to be an anthropogen who is talking complete nonsense. Hope you understand it, if not - you don't understand it and you do understand it, it underrstand you don't fella!!!!!!!!!!!! HERE'S THE THING. I'll put a billion trillion t-shirts in Theoak Cult's warehouse for you to pay me with because I want to be that guru. If you are a guru, I will give you even more Theoak Cult T-shirts
Booooooyah
  • #677,295
  • Aug 21, 2022 8:24pm Aug 21, 2022 8:24pm
testing support. 1.207 tp still
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  • #677,296
  • Aug 21, 2022 9:24pm Aug 21, 2022 9:24pm
Long in..tp.will be open
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  • #677,297
  • Aug 21, 2022 9:58pm Aug 21, 2022 9:58pm
UJ
RSF Short
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More time in the market, does not mean you trade better!
  • #677,298
  • Aug 21, 2022 10:48pm Aug 21, 2022 10:48pm
bullish o all time frames
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  • #677,299
  • Aug 21, 2022 10:54pm Aug 21, 2022 10:54pm
Go long eurchf



9600 is holding
  • #677,300
  • Aug 21, 2022 10:57pm Aug 21, 2022 10:57pm
Quoting navk
{quote} 40 pips. Atleast upto daily pivot first target
If the price stays above 1800 today in intraday method, in hourly chart, 1910 is indicated.
Do not quote me anywhere pls.
Intraday only.
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