Cable Update (GBPUSD)

Quoting Fawad12

Disliked

{quote} In long run it may be sell Bela - it should go down may be some ups but main trend should be down as per VSA as we saw high volume on top of chart which has dragged value from 1.2120 to 1.941 and should go down just my thoughts i may be wrong as well

Ignored

Quoting Jolita

Disliked

From economies- The GBPUSD pair resumes its positive trading to approach from 1.2300 barrier, reinforcing the expectations for the main bullish trend continuation, waiting for testing 1.2345 level initially, followed by heading towards 1.2450 levels on the near-term basis. Therefore, we will keep preferring the bullish trend in the upcoming period supported by the EMA50, being aware that holding above 1.2170 is important for achieving these targets. The expected trading range for today is between 1.2200 support and 1.2370 resistance. The expected...

Ignored

Quoting Traderview

Disliked

{image}{image}{image}

Ignored

Quoting mrluckystar

Disliked

{quote} I do agree if breaks 1.2344, we will see 12464 and 1.2619. On bears side, if breaks 1.2219, we will see 1.1966.

Ignored

Quoting Jolita

Disliked

{quote} Keep those levels in mind but still be prepared for unexpected moves next week. Ok GBP is rising, dollar sold. Countries implementing rules to sell foreign currencies (Japan, Nigeria, Turkey). Same time there are rumours stocks will sell off again, rates decision next week, 0.75pc or 0.50, which may reverse dollar sthrenght.

Ignored

Quoting mrluckystar

Disliked

{quote} Might be last push before sell off... Dragon on the edge of sell off...

Ignored

Quoting Robinhood1

Disliked

{quote} Target: green line with red dot. {image}{image}

Ignored

Quoting mrluckystar

Disliked

{quote} Gap down 100 pip?

Ignored

Quoting Robinhood1

Disliked

There is only one market but with 2 worlds. the real one and the one of the retailers orchestrated by metaquotes and whoever exists behind it.

Ignored

Quoting mysterio

Disliked

I'll post a full analysis later but I think we'll sweep both sides of this range next week. Probably upside first so buy the dip, but we'll see how asia pans out. I expect bears to kick in big style after last Mondays high is swept {image}

Ignored

Quoting TheWolf

Disliked

Tried my best to outline those Resistance and Support areas as best as I could. I might have missed on some pair, but all in all, should be good. {image} {image} {image} {image} {image} {image}

Ignored

Quoting gjgriff

Disliked

Hi Friends, I don't know who posted this image/projection a couple of weeks ago. I'm wondering if anyone would also care to make their 2023 projections for the next twelve months. {image}

Ignored

Quoting Bainbrito

Disliked

GBPUSD should remain bullish for the near future and possibly medium future - 1.3 in sight, this area is a 'fair price zone' or volume Point of Control where cable was balanced for a significant time, I think we are almost certain to reach it although a retrace seems overdue, 5 consecutive bull weeks, however this last week has printed an inside bar which to me looks prime to break out in a new uptrend. {image} This view is supported by the indices, DXY in a downtrend, BXY in an uptrend. {image}{image}

Ignored

Quoting nAVIN2007

Disliked

{quote} Yes that is an important turning point in a trader mindset, we can know everything about market movement and still it can go wrong, must understand money management is key to any trade and what will happen will happen. long term trend is paramount and key to everything, all else is noise..gotta stick to your conviction and understand, this is zero sum game..the fish will be shot in the barrel..and we need to understand this I thought your analysis was top notch and 1 year back im not sure if u had the same hindsight,...

Ignored

Quoting mtako

Disliked

{quote} Lost that one with the 1H BO of >3030(-39), now finally selling again Sold 3112.

Ignored

Quoting mysterio

Disliked

{quote} On m30 i'm seeing this. On bookmap most of the liquidity is residing above but we'll have a clearer picture on Monday morning {image}

Ignored