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Cable Update (GBPUSD)

  • #713,561
  • Dec 12, 2022 7:48am Dec 12, 2022 7:48am
1.22025 acting a double bottom, perhaps starting the road map to 1.25ish before the downward train, awaiting the breakout confirmation to buy.
Keep the Lights on then you can catch the rise from the dark.
  • #713,562
  • Dec 12, 2022 7:49am Dec 12, 2022 7:49am
Quoting mrluckystar
{quote} Gbpjpy
haha i never knew it was called that
i never trade jpy pairs
in wondering about yourself, you forgot what you came here to be part of
  • #713,563
  • Dec 12, 2022 7:49am Dec 12, 2022 7:49am
Quoting Fawad12
{quote} I was also planning to have sell your post assured me to have sell trade.
This time i have received your message , lets see i am expecting 'Bella's resistance : 1.22987' to hold

-bella
Goddess of Thunder..
  • #713,564
  • Dec 12, 2022 7:52am Dec 12, 2022 7:52am
Quoting Robinhood1
{quote} Thanks buddy. Eventually will come down. Did not know exactly where but as i said, before making a new high . It stopped 37 pips away.
This is great! The more Pound goes up the better. When recession hits we will have a very nice price to Short from..
If Pound falls just a half of what was in 2007-08 against Yen, we will be stacked!
  • #713,565
  • Dec 12, 2022 7:54am Dec 12, 2022 7:54am
Quoting knkie
{quote} haha i never knew it was called that i never trade jpy pairs
G/J ÷ U/J = GU
Peace Yo!
  • #713,566
  • Dec 12, 2022 7:54am Dec 12, 2022 7:54am
Quoting TheWolf
{quote} This is great! The more Pound goes up the better. When recession hits we will have a very nice price to Short from..
know nothing about fundamentals
POSTMASTER
  • #713,567
  • Dec 12, 2022 7:55am Dec 12, 2022 7:55am
Quoting Robinhood1
{quote} know nothing about fundamentals
I just know that GJ 200% long 166.00/40
POSTMASTER
  • #713,568
  • Dec 12, 2022 7:55am Dec 12, 2022 7:55am
Quoting knkie
{quote} another break even. Price is struggling which means something explosive is coming. But which way ?
it would seem up
now: was this just a liquidity pool for stop hunts or a true break?
in wondering about yourself, you forgot what you came here to be part of
  • #713,569
  • Dec 12, 2022 7:56am Dec 12, 2022 7:56am
Quoting Robinhood1
{quote} know nothing about fundamentals
Don't have to know anything... just look at 07-08 and how currencies behaved. Everyone suffered against Yen and Pound the most.
We'll cross that bridge when we get there though.. all of the TF's point north at the moment so it's gonna be that soon anyway..

By looking at the Weekly and Daily charts, I think we're about to visit +170..
  • #713,570
  • Dec 12, 2022 8:00am Dec 12, 2022 8:00am
Quoting TheWolf
{quote} Don't have to know anything... just look at 07-08 and how currencies behaved. Everyone suffered against Yen and Pound the most. We'll cross that bridge when we get there though.. all of the TF's point north at the moment so it's gonna be that soon anyway.. By looking at the Weekly and Daily charts, I think we're about to visit +170..
Complete bearish Gartley and QML at that level. 170/171
Peace Yo!
  • #713,571
  • Dec 12, 2022 8:02am Dec 12, 2022 8:02am
Quoting Bella.al
{quote} Short GBPUSD :1.22787 S/L :1.23032 T/P:1.19903 -Bella's Blue {image}
Current Rate : 1.22924

Currently "Bella's Resistance : 1.22987" is doing it's job as expected , waiting for an update.

Bella's Blue
Attached Image (click to enlarge)
Click to Enlarge Name: Bella'sBlue_01.png Size: 13 KB
Goddess of Thunder..
  • #713,572
  • Dec 12, 2022 8:03am Dec 12, 2022 8:03am
Quoting mysterio
{quote} The Daily open ? yeah possibly.
It is a H4 VAP demand level.
  • #713,573
  • Dec 12, 2022 8:03am Dec 12, 2022 8:03am
What do you say about W here at USD? and running to 105.20 (for scalp)
  • #713,574
  • Dec 12, 2022 8:04am Dec 12, 2022 8:04am
BTW, GU is not looking so good now, if 1.2105 is broken maybe it has reversed. I maybe wrong
POSTMASTER
  • #713,575
  • Dec 12, 2022 8:04am Dec 12, 2022 8:04am
Another attempt to BUY

The Average Daily Range (based on ATR 14) lies around 2340-2350s..

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 26 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 23 KB
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #713,576
  • Dec 12, 2022 8:05am Dec 12, 2022 8:05am
Quoting Bella.al
{quote} This time i have received your message , lets see i am expecting 'Bella's resistance : 1.22987' to hold -bella
It should be dropped but taking time and making a bit confusion as last hour candle was also bit bullish which should not be but let lets see how it goes
  • #713,577
  • Dec 12, 2022 8:05am Dec 12, 2022 8:05am
Quoting TheWolf
{quote} Don't have to know anything... just look at 07-08 and how currencies behaved. Everyone suffered against Yen and Pound the most. We'll cross that bridge when we get there though.. all of the TF's point north at the moment so it's gonna be that soon anyway.. By looking at the Weekly and Daily charts, I think we're about to visit +170..
Yes, and a bit higher.
POSTMASTER
  • #713,578
  • Dec 12, 2022 8:06am Dec 12, 2022 8:06am
Back short again this time at 12294 let’s see if we can get a drop to below todays open. As Pat mentioned the data wasn’t as impressive as it seemed. So the rally up could be over. Also the data from Friday hasn’t seemed to have made an impact as yet. TP wi be as low as possible preferably below 122 otherwise I take profit when I see an exhaustion
Insane in the Brain..
  • #713,579
  • Dec 12, 2022 8:07am Dec 12, 2022 8:07am
Quoting Robinhood1
BTW, GU is not looking so good now, if 1.2105 is broken maybe it has reversed. I maybe wrong
If 1.2323 is broken then we are ok, i think
POSTMASTER
  • #713,580
  • Dec 12, 2022 8:08am Dec 12, 2022 8:08am
Currently long gold, short gbpusd
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