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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Small gap up to start the week...
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Not really a gap today according to ex
So far not too big… however it could go either way. I’m still looking at 120 first before any lows. But it has to break 11960 still.
GBPUSD price action on the daily time frame is in a bullish corrective mode. Bullish price action tested the 1.22420/1.19812 weekly supply (purple) on Tuesday but failed to close within it. Although presently the price action is sideways, we may see a further northward move before a southward turnaround.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
Test short 1.1878

Have a great monday everyone
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No pen no gen
Shorted this around 1.189
Didn't get a drop Friday, but today looks promising
It seems everyone is shorting.
Quoting elude
{image} Sell limit 1.1965; SL 1.1928 (37 pips); TP 1.1787 (141 pips)
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Quoting elude
{quote} {image} {image} Sell limit triggered



Adding sell 1.18672; SL 1.19042 (37 pips); TP 1.17870 (80.2 pips)
Geez i missed a nice sell opportunity ...already at S1 WHERE is Keanny baby?????
Current Rate : 1.18487

Expecting retracement of previous move to end here , ( counter-trend long )

Strategy/Entry level:
Date :21.11.2022
Type: Market Order
Buy at : 1.18484
Stop-Loss: 1.18239
Objective: 1.21368

-Bella's Blue
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Goddess of Thunder..
Quoting Bella.al
Current Rate : 1.18487 Expecting retracement of previous move to end here , ( counter-trend long ) Strategy/Entry level: Date :21.11.2022 Type: Market Order Buy at : 1.18484 Stop-Loss: 1.18239 Objective: 1.21368 -Bella's Blue {image}
I am with you on buy entry. My entry 1844.

Target, I am not sure.
Intraday only.
Quoting navk
{quote} I am with you on buy entry. My entry 1844. Target, I am not sure.
Me too on buy side entry @1.1849. sl @1.1820.
Quoting Bella.al
Current Rate : 1.18487 Expecting retracement of previous move to end here , ( counter-trend long ) Strategy/Entry level: Date :21.11.2022 Type: Market Order Buy at : 1.18484 Stop-Loss: 1.18239 Objective: 1.21368 -Bella's Blue {image}
Quoting navk
{quote} I am with you on buy entry. My entry 1844. Target, I am not sure.
Quoting Abeeha
{quote} Me too on buy side entry @1.1849. sl @1.1820.
Indeed..... bought at 1.18388 no target as of yet....
probably a retest around 1.1873
Last TP of $1.20 was hit. Updated TP is at $1.35, currently price testing $1.17 support point.
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Hope we get a big bounce so i can short the pig again!!!!
Quoting KevinZeng
It seems everyone is shorting.
More likely most people look for buy
Training.
Gold currently short
Quoting Houtbay
Gold currently short
Same, I think its free fall on gold this week
No pen no gen
COT report Net short on USD
May be cable goin down to grab some liquidity to go up!
Trade at good levels or no trade at all!
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