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Cable Update (GBPUSD)

  • #714,681
  • Dec 15, 2022 7:17am Dec 15, 2022 7:17am
Quoting tradexyz
GBP/USD 1.20648 1.22062 1.22704 x 1.23476 1.24118 1.2489 1.26304 could bounce of 200MA 1hr
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  • #714,682
  • Dec 15, 2022 7:17am Dec 15, 2022 7:17am
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going very well now with added trades
  • #714,683
  • Dec 15, 2022 7:19am Dec 15, 2022 7:19am
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this was the important on from the other day . 1650 area anybody ??
  • #714,684
  • Dec 15, 2022 7:25am Dec 15, 2022 7:25am
Long GU at 1.2240

Update: -10pips closed.
"Exchange of hands"
  • #714,685
  • Dec 15, 2022 7:27am Dec 15, 2022 7:27am
Quoting TheWolf
{quote} This wasn't expected from Lagarde.. still not the time to Short. I won't make any prognosis anymore, I'll just Short every hundred pips until one level actually holds. EUR/USD is also in play, from 1.08 if it get's there. As luck would have it Pound remained well below 1.24 for now. {image}
This is one of those moments when I have to decide - what to believe technicals or fundamentals?

I CHOOSE FUNDAMENTALS = LONG DXY AND SHORT OTHERS.

Read the statements (NOT the headlines) and you get two VERY DIFFERENT outlooks.

Good luck all.
...because you never know - until you do!
  • #714,686
  • Dec 15, 2022 7:31am Dec 15, 2022 7:31am
Attached Image (click to enlarge)
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  • #714,687
  • Dec 15, 2022 7:36am Dec 15, 2022 7:36am
Quoting ToSatisfy
Ok On the Other Account of mine I Have this Setup {image} Charts are UJ Top EJ Bottom Timeframe H4 For EJ to reach my Target EURUSD should appreciate at ECB Targets for EJ are 145.137 Targets for UJ are 137.024 I expect them to Hit Soon
Ok Type 1 Act

Targets all Achieved. I said too these Targets will hit for sure and after ECB euro should appreciate to make EJ reach my Target
Anyway I missed further upmove. I should have reentered after TP as the move til next overhead channel was very on. But I missed it

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UJ reached too Nice TP there

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Ok Type 2 Act

GBP gave me a snooze yesterday and I missed to buy that dip and hence the TP was missed
I tried today early but had to settle some scores with her
Target was hit with a Nice Profit I was sure after that bearish candle its Highle Bearish

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Shekh In Desert
  • #714,688
  • Dec 15, 2022 7:45am Dec 15, 2022 7:45am
My weekly pivot retest at 1.22364 and weekly open just above. Waiting for price to stabilize around here or just below for possible buy entries.
We shall see.
Cheers.
Trade to trade another day
  • #714,689
  • Dec 15, 2022 7:54am Dec 15, 2022 7:54am
Attached Image (click to enlarge)
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GBP/USD
1.21423
1.22039
1.2225
1.22655 pivot

pvts hourly
  • #714,690
  • Dec 15, 2022 8:07am Dec 15, 2022 8:07am
Gu lost its breaks
yes yes yes
  • #714,691
  • Dec 15, 2022 8:08am Dec 15, 2022 8:08am
Start buying
Attached Image (click to enlarge)
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yes yes yes
  • #714,692
  • Dec 15, 2022 8:12am Dec 15, 2022 8:12am
Quoting Moty
Start buying {image}
hopefully will not break that level
  • #714,693
  • Dec 15, 2022 8:13am Dec 15, 2022 8:13am
Quoting Moty
Start buying {image}
GU has taken Ms. Lagarde seriously that even EU.
  • #714,694
  • Dec 15, 2022 8:15am Dec 15, 2022 8:15am
Quoting Pat Chiko
{quote} Shorter version what ECB wanted to say is...........{image}
in other words... no more cheap bank financing..let's see in the future if they can pay!
  • #714,695
  • Dec 15, 2022 8:23am Dec 15, 2022 8:23am
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This is H4 Chart.
I Think this is the time to make lower low and Lower high. Fundamentals tell that Price need correction. Even BoE could not extend the price. USD is not that weak, as it has been considered. This is clear sign.
Regards,
Kashif
  • #714,696
  • Dec 15, 2022 8:23am Dec 15, 2022 8:23am
Quoting Moty
Gu lost its breaks
Finally.. thank God!..
  • #714,697
  • Dec 15, 2022 8:28am Dec 15, 2022 8:28am
Something strange on the thread, doesn't it?
  • #714,698
  • Dec 15, 2022 8:29am Dec 15, 2022 8:29am
Quoting eyefeelsix
it took one more push to the north {image}
unseen structure, kiss of death wave5
Attached Image (click to enlarge)
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https://breakpullback.com
  • #714,699
  • Dec 15, 2022 8:31am Dec 15, 2022 8:31am
Quoting muazmisran
{quote} hopefully will not break that level
It won't
Perfect entries
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yes yes yes
  • #714,700
  • Dec 15, 2022 8:34am Dec 15, 2022 8:34am
Quoting palpite
sell = 1.2246
Quoting palpite
add sell = 1.2235
Quoting palpite
add sell = 1.2262
Quoting palpite
add sell = 1.2368
Quoting palpite
add sell = 1.2438

trades closed - 1.2220
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