Cable Update (GBPUSD)

Quoting Wavegarrick

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{quote} 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. {image}

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Quoting Wavegarrick

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{quote} I closed me weakest buy trade at 1.21722, my weekly pivot for 162 pips. I will monitor here for a possible rejection to enter sell trades. Flip side daily/ weekly break and hold above my monthly pivot at 1.22012 could send this pair much higher. Patience is key here. Take care. {image}

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Quoting palpite

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{quote} The problem will be the EURGBP. {image}

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Quoting Pat Chiko

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{quote} GU I'm trying to go for LIQUIDITY zone. Maybe with some luck, it may reach the target. If no luck , it can take me out...{image}

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Quoting Erto

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What I like about the market is the fact that it goes where it's supposed to go and it doesn't do any favours to some of the broken analysis that we are seeing

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Quoting Pat Chiko

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{quote} GU Closed scalping position. SRF Time for another.........{image}

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Quoting maxi444

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to sell or to buy? better to wait !

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Quoting BeeTogether

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{quote} you going short?

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Quoting Reverso

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1.204 - 1.216 is my long term pivot area, if price remain inside then it is no mans land. Few days ago price able to break downwards but unable to sustain the momentum, now it is going back up but not yet clear the pivot range. I will do nothing until price can clear the range, be it up or down. Price action quite boring lately.

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Quoting BeeTogether

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{quote} a break below 12150 would be sell signals for me. However even 122 could trigger a retrace.

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Quoting DrDave

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{quote} doesn't do any favours to some of the broken analysis that we are seeing Nor to the numerous rounds of guesses and Hope&Pray.

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Quoting Pat Chiko

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{quote} I am waiting for somebody to give me signal to take a trade. Lately, due to lack of sleep, I'm too lazy to do my own analysis. I wait for signal, any signal........

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