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Cable Update (GBPUSD)

  • #707,161
  • Nov 15, 2022 2:05am Nov 15, 2022 2:05am
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thats the breakout so looking for resistance now a break sould see 1900 fail then 1635 is supported
  • #707,162
  • Nov 15, 2022 2:07am Nov 15, 2022 2:07am
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one min chart . Act
  • #707,163
  • Nov 15, 2022 2:08am Nov 15, 2022 2:08am
On the EURUSD daily, a 50% fib retracement from this point will take price nicely back to support from this area of resistance
  • #707,164
  • Nov 15, 2022 2:11am Nov 15, 2022 2:11am
Quoting Bella.al
{quote} Current Rate : 1.17709 I am +15 Pips as i write this , i would like to see 2 Objectives completed by GBP/USD by today's end. 1). A Daily Close above 1.18210 2). 1.18850 is Touched by Price -Bella's Blue . {image}

Current Rate : 1.18182

I am +64 Pips as i write this , i have moved my S/L to 1.17801 Locked (+25 Pips ) .

-Bella's Blue
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Goddess of Thunder..
  • #707,165
  • Nov 15, 2022 2:14am Nov 15, 2022 2:14am
G/M, Monday's 1hr gap finally closed. price @ the current dly hi challenging bottom of 4hr part of the prev 1hr/4hr sw lo zone extending to last week's 1854 hi.

1hr below

.. chart below shows where pairing found demand on the pullback from last wk's hi to y/day's lo

dly below
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Trader with an Edge.
  • #707,166
  • Nov 15, 2022 2:21am Nov 15, 2022 2:21am
Closed my shorts and have gone long
  • #707,167
  • Nov 15, 2022 2:22am Nov 15, 2022 2:22am
Quoting elbert3
{image} one min chart . Act
Stopped out don’t like losing trades lol
  • #707,168
  • Nov 15, 2022 2:23am Nov 15, 2022 2:23am
Quoting MrFanciful
On the EURUSD daily, a 50% fib retracement from this point will take price nicely back to support from this area of resistance
Hi. Are you short that pairing then?
Trader with an Edge.
  • #707,169
  • Nov 15, 2022 2:24am Nov 15, 2022 2:24am
t 08-22
Cable, the 07-45 candle break did not happen.
The 08-00 to 08-15 candle break. High broke for %%.
Maybe if it drops i will short, otherwise i am finished for the day.
Trade well all.
t 08-24.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #707,170
  • Nov 15, 2022 2:27am Nov 15, 2022 2:27am
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yes yes yes
  • #707,171
  • Nov 15, 2022 2:30am Nov 15, 2022 2:30am
...15/30min doji closes...which way will they resolve?

Current 10/20/50 ema crosses as below
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Trader with an Edge.
  • #707,172
  • Nov 15, 2022 2:34am Nov 15, 2022 2:34am
Short gold currently
  • #707,173
  • Nov 15, 2022 2:38am Nov 15, 2022 2:38am
Quoting Whale
Long.. levels on chart {image}
took profit @ 1.1825
  • #707,174
  • Nov 15, 2022 2:40am Nov 15, 2022 2:40am
Eurusd continues upwards and therefore I think Gbpusd will follow. Gold however continues down
  • #707,175
  • Nov 15, 2022 2:41am Nov 15, 2022 2:41am
Quoting Headland
{quote} Hi. Are you short that pairing then?
I don't really trade EURUSD, but am looking at doing so.
  • #707,176
  • Nov 15, 2022 2:45am Nov 15, 2022 2:45am
...of course fri/last wk's 1854 hi is the prev 4hr/dly sw hi zone that extends to 1901. Dly R2 is in there @/around 1885. Fri/last wk's's hi touched the bottom of the dly part of that zone, the 4hr part starts circa 1861. So a lot of potential resistance near-term.

Dly below
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Trader with an Edge.
  • #707,177
  • Nov 15, 2022 2:49am Nov 15, 2022 2:49am
Will we see a fall from the current Supply Zone?

SMC

There are lot of selling pressure
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More time in the market, does not mean you trade better!
  • #707,178
  • Nov 15, 2022 2:57am Nov 15, 2022 2:57am
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constantly trying to break that ema . It will do shortly
  • #707,179
  • Nov 15, 2022 2:57am Nov 15, 2022 2:57am
The pairing has seen £ buyers on back of that better than expected uk data earlier with upside last mth's revision. Bulls look strong at the present.
Trader with an Edge.
  • #707,180
  • Nov 15, 2022 2:58am Nov 15, 2022 2:58am
Quoting JayBag
Adding some longs here at 1.176767 TP remains at 1.184X
Good morning folks,

I resumed the forum late due to some Loadshedding
Anyway, we are here at 1.184XX

Closed all my longs and now hunting for shorts around here
I will start loading up at 1.184XX till 1.187 area.

Let's get it
Cheers
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