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Cable Update (GBPUSD)

  • #724,701
  • Jan 31, 2023 2:24am Jan 31, 2023 2:24am
Quoting SnailFX
{quote} 1.2362 is hit. Let's see if price can break above this R. If it closes below this price you have a good signal to short (Hourly). (Kudos to my friend from Wall Street). Although, it's London Open.. patience!
1.2362 snipper point
  • #724,702
  • Jan 31, 2023 2:30am Jan 31, 2023 2:30am
Quoting KevinZeng
{quote} 1.2362 snipper point
I hope sniper will continue to deliver.
1.227 should be next.
  • #724,703
  • Jan 31, 2023 2:31am Jan 31, 2023 2:31am
Daily has to close below 12320, after close direction is south.
Attached Image (click to enlarge)
Click to Enlarge Name: _20230131_082803.JPG Size: 105 KB

Unions on strike, NHS in trouble, GDP bad, employment after Brexit shrinking. Rishi in trouble with all.
  • #724,704
  • Jan 31, 2023 2:37am Jan 31, 2023 2:37am
Quoting Yngwie
Short 1.2354 SL 1.2380
Closed for 40 pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #724,705
  • Jan 31, 2023 2:38am Jan 31, 2023 2:38am
Quoting Jolita
Daily has to close below 12320, after close direction is south. {image} Unions on strike, NHS in trouble, GDP bad, employment after Brexit shrinking. Rishi in trouble with all.
Daily closing above 1.227 will still provide some chances for Bulls, not much but some.
  • #724,706
  • Jan 31, 2023 2:41am Jan 31, 2023 2:41am
You have to make a collection for the English, and buy them diapers for the poop!!! drop to the ground!! 1, 2, 3, crawl!!
  • #724,707
  • Jan 31, 2023 2:42am Jan 31, 2023 2:42am
Today is the last day of the month, it may drop more for another 100 pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 9 KB
  • #724,708
  • Jan 31, 2023 2:44am Jan 31, 2023 2:44am
Quoting SamiFX
Today is the last day of the month, it may drop more for another 100 pips {image}
If 1.227 doesn't hold then the rally is definitely over.
  • #724,709
  • Jan 31, 2023 2:48am Jan 31, 2023 2:48am
The news don't matter, the price does. News are just used to aim the price to its original destination.
  • #724,710
  • Jan 31, 2023 3:00am Jan 31, 2023 3:00am
Quoting montygoldy
Dxy has huge potential to go down {image}
The Fed rate announcement could change that. The probable event is that the Fed will raise rates by 25 basis points. The rate hike is theoretically good for the dollar, but meeting market expectations complicates everything.
Just follow the trend.
  • #724,711
  • Jan 31, 2023 3:01am Jan 31, 2023 3:01am
USDJPY

Sell at current price 130.39

Stop loss 130.60

Target 129.85
  • #724,712
  • Jan 31, 2023 3:05am Jan 31, 2023 3:05am
Looks like the IMF forecast is helping the bears with a direction for now. Let’s see how much further we can see it drop. The 12270-80 area first area of potential bounce back. I’m still targeting the 12034 area where Wave has his shorts open from
Insane in the Brain..
  • #724,713
  • Jan 31, 2023 3:08am Jan 31, 2023 3:08am
Long 1.2308 SL 1.2290
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #724,714
  • Jan 31, 2023 3:12am Jan 31, 2023 3:12am
Buying GU target 1.2380

stops below 1.23
  • #724,715
  • Jan 31, 2023 3:13am Jan 31, 2023 3:13am
Perhaps they're taking their time to reach 1.227. We'll see where this H4 will close.
  • #724,716
  • Jan 31, 2023 3:26am Jan 31, 2023 3:26am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM6 j31.png Size: 25 KB
  • #724,717
  • Jan 31, 2023 3:34am Jan 31, 2023 3:34am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 j31 mstar.png Size: 37 KB
  • #724,718
  • Jan 31, 2023 3:34am Jan 31, 2023 3:34am
Quoting Yngwie
Long 1.2308 SL 1.2290
Those are wicked stop losses!
  • #724,719
  • Jan 31, 2023 3:40am Jan 31, 2023 3:40am
Let's see where this retracement ends (unless it's still Range). Buyers are counting on that we are still in the Range. We'll see.. GL to all!
  • #724,720
  • Jan 31, 2023 3:48am Jan 31, 2023 3:48am
Quoting donfriday
DXY {image}

can it hold?
Attached Image (click to enlarge)
Click to Enlarge Name: DXY_2023-01-31_09-47-38.png Size: 20 KB
MY OPINION NOT FINANCIAL ADVISE
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