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Cable Update (GBPUSD)

  • #678,881
  • Aug 28, 2022 9:45am Aug 28, 2022 9:45am
Quoting Nordling
Idk how boomers and millennials measure ... size but Gen Z does it with track records & before the fact charts
  • #678,882
  • Aug 28, 2022 10:03am Aug 28, 2022 10:03am
This is market is over as far as I am concerned...OVER!!!
  • #678,883
  • Aug 28, 2022 10:12am Aug 28, 2022 10:12am
Quoting ninner
This is market is over as far as I am concerned...OVER!!!
Why so ?
  • #678,884
  • Aug 28, 2022 11:28am Aug 28, 2022 11:28am
Quoting Waveskierrob
{image}
Lol, funny, reminded me of this one
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  • #678,885
  • Aug 28, 2022 12:25pm Aug 28, 2022 12:25pm
Will GU and EU be bullish in Asia Tomorrow?
To priced in the ECB Rate hike and Hawkish comments?
Both EU and GU are at Strong Support,
EU
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GU
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More time in the market, does not mean you trade better!
  • #678,886
  • Aug 28, 2022 1:35pm Aug 28, 2022 1:35pm
Quoting Waveskierrob
{quote} Why so ?
The Market is currently in what is called a Downtrend....a Downtrend. Friday a big Key reversal ..huge huge...market is pointing to where it wants to go.....go!!
  • #678,887
  • Aug 28, 2022 1:48pm Aug 28, 2022 1:48pm
Quoting shakmoney
{quote} Retrace where
Did not do much analysis, I only see a support and bounce.

Am taking off from trading for three days until wednesday.

Keep up your good work and make money guys.

Bye now.
Intraday only.
  • #678,888
  • Aug 28, 2022 2:47pm Aug 28, 2022 2:47pm
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  • #678,889
  • Aug 28, 2022 3:01pm Aug 28, 2022 3:01pm
Quoting Fardeen1209
Will GU and EU be bullish in Asia Tomorrow? To priced in the ECB Rate hike and Hawkish comments? Both EU and GUf are at Strong Support, EU{image}GU {image}
Reading your chart EU made HH and LH, upwards move

GU still ranging, as Top Resistance was touched and is aiming to revisit support. Range between red and green horizontal lines. Buy at support with sl bellow yearly low.
  • #678,890
  • Aug 28, 2022 3:12pm Aug 28, 2022 3:12pm
Quoting ninner
{quote} The Market is currently in what is called a Downtrend....a Downtrend. Friday a big Key reversal ..huge huge...market is pointing to where it wants to go.....go!!
So what you are saying is the market is in a downtrend ......and not over?
  • #678,891
  • Aug 28, 2022 3:35pm Aug 28, 2022 3:35pm
GBPUSD price action on the daily time frame is in consolidation within the 1.18270/1.17390 horizontal support zone (green). The bearish candlestick printed on Friday broke down a minor area of consolidation created on Wednesday and Thursday but could not break below the open of the bullish candlestick printed on Tuesday. Should bears fail to maintain market influence, we may see a bullish pullback to an area of value before further southward drive.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
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Do your homework, follow the footprints of smart money
  • #678,892
  • Edited 4:15pm Aug 28, 2022 3:40pm | Edited 4:15pm
Quoting UKBanter
{quote} Agree with you and bonsey. However my thoughts of the NHS. WellI'm afraid its toast.
Well if you want to pay more...

https://www.bbc.co.uk/news/uk-42950587

You can't afford to get sick
Don't trade what you think. Just what you see!!!
  • #678,893
  • Aug 28, 2022 4:31pm Aug 28, 2022 4:31pm
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  • #678,894
  • Aug 28, 2022 4:36pm Aug 28, 2022 4:36pm
Quoting PatienceFx
{image}
No time to waste!
Face 'ur fears & tame 'ur greed
  • #678,895
  • Aug 28, 2022 5:13pm Aug 28, 2022 5:13pm
Quoting Waveskierrob
{quote} So what you are saying is the market is in a downtrend ......and not over?
It is over...over!!
  • #678,896
  • Aug 28, 2022 5:15pm Aug 28, 2022 5:15pm
20 odd pops down already this is a sinking ship
Insane in the Brain..
  • #678,897
  • Aug 28, 2022 5:19pm Aug 28, 2022 5:19pm
Quoting BeeTogether
20 odd pops down already this is a sinking ship
As i said before...this market is ooooooooooooooooooooooooooooooooooooooooooooooooooooover!!!!!
  • #678,898
  • Aug 28, 2022 5:22pm Aug 28, 2022 5:22pm
Quoting ninner
{quote} As i said before...this market is ooooooooooooooooooooooooooooooooooooooooooooooooooooover!!!!!
market will touch 1.18 again
  • #678,899
  • Aug 28, 2022 5:27pm Aug 28, 2022 5:27pm
Quoting BeeTogether
20 odd pops down already this is a sinking ship
Titanic is an understatement. The new word is Titanic-whore-o-us(nic-hoelas)
Face 'ur fears & tame 'ur greed
  • #678,900
  • Aug 28, 2022 5:29pm Aug 28, 2022 5:29pm
Quoting shakmoney
{quote} market will touch 1.18 again
118-11950 is still on the cards question is at what point.
Insane in the Brain..
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