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Cable Update (GBPUSD)

  • #727,381
  • Feb 8, 2023 12:37pm Feb 8, 2023 12:37pm
Quoting tauhidur
{quote} hahaha but logicaly i think tread is up.
Well, I do think there is a possibility for a new high before reversing to the downside.
  • #727,382
  • Feb 8, 2023 12:42pm Feb 8, 2023 12:42pm
Quoting Wavegarrick
{quote} I am starting to get subtle bullish hints from a 4 hr perspective. My weekly pivot at 1.21722 a reasonable target. Cheers. {image}
4 hr candle rejection off my yearly pivot at 1.2055. Price is above my future daily pivot (yellow highlight) at 1.20719 ish, for now. I am getting full bullish confirmation signals from a 4 hrly perspective and I guess pullbacks towards and above 1.20500 should be seen as buy opportunities for a target of my weekly pivot at 1.21722. Patience key here.
We are a few days from the mid point of the first quarter of this year.
Trade well.
Cheers.
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Trade to trade another day
  • #727,383
  • Feb 8, 2023 12:47pm Feb 8, 2023 12:47pm
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yes yes yes
  • #727,384
  • Feb 8, 2023 12:50pm Feb 8, 2023 12:50pm
[quote=Coreg2004;14318915]
Quoting Pat Chiko
{quote} Pat, yes, maybe, perhaps. I would be more inclined to your point of view if you posted Mbappe's picture...
I wanted to.
But since Mbappe doesn't show the sign discreetly, I switch to Ronaldo photo.
Anyway, here Mbappe, photo showing the same sign in different way, just to please you......
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #727,385
  • Feb 8, 2023 12:55pm Feb 8, 2023 12:55pm
we will act according to the situation, the market itself shows what needs to be done, I think that I agree that a rollback to 1.2053 may not be
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  • #727,386
  • Feb 8, 2023 12:57pm Feb 8, 2023 12:57pm
GU kinda formed a double top at/around 1.2440-46 and waiting... US CPI next week could just light the fuse

Happy Trading
Trades technical moves enforced by fundamentals
  • #727,387
  • Feb 8, 2023 1:21pm Feb 8, 2023 1:21pm
While waiting for CPI we should also consider Fed Governor Christopher Waller sentiment he warns that interest rates could go higher than expectations. Yet I'm not surprised why the pair is selling
I'm enjoying the wins because I was once terrified by loses
  • #727,388
  • Feb 8, 2023 1:24pm Feb 8, 2023 1:24pm
Quoting palpite
sell - 1.2088
trade closed - 1.2078
Together we can be strongest
Vantage Return This Month: -97.0%
  • #727,389
  • Feb 8, 2023 1:36pm Feb 8, 2023 1:36pm
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Follow The Markets Structure - Patience and Discipline
  • #727,390
  • Feb 8, 2023 1:56pm Feb 8, 2023 1:56pm
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yes yes yes
  • #727,391
  • Feb 8, 2023 2:06pm Feb 8, 2023 2:06pm
gbpusd on h4 timeframe shows descending movement. falling will be more and more.
  • #727,392
  • Feb 8, 2023 2:16pm Feb 8, 2023 2:16pm
buy - 1.2066

target - 1.2076

stop loss - 1.2056
Together we can be strongest
Vantage Return This Month: -97.0%
  • #727,393
  • Feb 8, 2023 2:52pm Feb 8, 2023 2:52pm
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yes yes yes
  • #727,394
  • Edited 4:10pm Feb 8, 2023 3:00pm | Edited 4:10pm
Word of the Day : February 8, 2023
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  • #727,395
  • Feb 8, 2023 3:18pm Feb 8, 2023 3:18pm
Quoting palpite
buy - 1.2066 target - 1.2076 stop loss - 1.2056
trade closed - 1.2068
Together we can be strongest
Vantage Return This Month: -97.0%
  • #727,396
  • Feb 8, 2023 3:23pm Feb 8, 2023 3:23pm
next pivot daily - 1.2072
Together we can be strongest
Vantage Return This Month: -97.0%
  • #727,397
  • Feb 8, 2023 3:29pm Feb 8, 2023 3:29pm
Now the EURGBP crossed the support, after i close my trade.

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Together we can be strongest
Vantage Return This Month: -97.0%
  • #727,398
  • Feb 8, 2023 3:37pm Feb 8, 2023 3:37pm
Quoting palpite
{quote} But we can doing scalps, closing in the MA200-M5, MA200-M15, MA200-M30. Let's see how will be the up movement.

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Together we can be strongest
Vantage Return This Month: -97.0%
  • #727,399
  • Feb 8, 2023 3:38pm Feb 8, 2023 3:38pm
Traders, do all of you who trade pivots use the same levels or some are different from others?
How to succeed in zero sum game?
  • #727,400
  • Feb 8, 2023 5:27pm Feb 8, 2023 5:27pm
Quoting Whale
{quote} stopped out -27 I will renew it right now with 30 pips sl. not easy one {image}
Nice, your sl tight, 1.18 still to come

Economist advise -
The British Pound is expected to trade at 1.18 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.11 in 12 months time.
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