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Cable Update (GBPUSD)

  • #736,961
  • Mar 20, 2023 10:28am Mar 20, 2023 10:28am
slowly down
R and S
Attached Image (click to enlarge)
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Trendlines H1,H4, SMC
  • #736,962
  • Edited 10:43am Mar 20, 2023 10:32am | Edited 10:43am
Attached Image (click to enlarge)
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FWIW charting i use META Quotes don't care what others brokers bucket shops quote...
  • #736,963
  • Mar 20, 2023 10:35am Mar 20, 2023 10:35am
Quoting Robinhood1
{quote} There is not much to go and it should retrace down to 1.20xx. As i do not wish to go against the main swing trend, i personally will not short cable for a while. This is my help and i may be wrong. GL
There may be 2 other dollar pairs strenghtening now: usdcad & Usdjpy.
POSTMASTER
  • #736,964
  • Mar 20, 2023 10:45am Mar 20, 2023 10:45am
Quoting Robinhood1
{quote} There may be 2 other dollar pairs strenghtening now: usdcad & Usdjpy.
PHASE II running 666 ZES who? lol $hell and america...welcome on board enjoy your cruise...
  • #736,965
  • Mar 20, 2023 10:52am Mar 20, 2023 10:52am
Short 2271. Let me help bears a little.
  • #736,966
  • Mar 20, 2023 10:52am Mar 20, 2023 10:52am
DX
slowly rising...
Attached Image (click to enlarge)
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Trendlines H1,H4, SMC
  • #736,967
  • Mar 20, 2023 10:58am Mar 20, 2023 10:58am
Quoting tradexyz
{quote} PHASE II running 666 ZES who? lol $hell and america...welcome on board enjoy your cruise...
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POSTMASTER
  • #736,968
  • Mar 20, 2023 11:00am Mar 20, 2023 11:00am
GBPUSD update
if we stay bellow white line = short
Attached Image (click to enlarge)
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Trendlines H1,H4, SMC
  • #736,969
  • Mar 20, 2023 11:13am Mar 20, 2023 11:13am
Quoting Mitiblotch
Short 2271. Let me help bears a little.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 46 KB
  • #736,970
  • Mar 20, 2023 11:14am Mar 20, 2023 11:14am
Quoting eyefeelsix
{quote} my Cable updated, not too many transactions in this pair, GU still in recovery mode.. {image}
Based on HP&RN, atm more/less 50p to the zone.
Attached Image (click to enlarge)
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https://breakpullback.com
  • #736,971
  • Edited 11:27am Mar 20, 2023 11:15am | Edited 11:27am
Quoting tradexyz
{quote} PHASE II running 666 ZES who? lol $hell and america...welcome on board enjoy your cruise...
klawron suriv love clay pigeons... juif norwalk virus need more $witches...Riding shotgun...
  • #736,972
  • Mar 20, 2023 11:42am Mar 20, 2023 11:42am
up way over 100 pips now on gbpusd!! LOL
  • #736,973
  • Mar 20, 2023 11:45am Mar 20, 2023 11:45am
The bulls are too strong
Every retracement candle get smashed
Attached Image (click to enlarge)
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yes yes yes
  • #736,974
  • Mar 20, 2023 11:52am Mar 20, 2023 11:52am
Hi all! The stretching is painful.
Hope you are ok.
The reality hit when least expected, we knew this is gonna happen, interest rate rising, bets are high, weeker banks can not afford.

Fed rates is a question - will it be -
as aimed 0,5% to reduce inflation, ignoring all the mess - don't think so
0.25% slight reduction - maybe
Or no change - high possibly

For UK I think will be no change and inflation should half, this Is what Sunak is expecting.
We will see soon

This should be a good resistance level to short 12280. But of course still risky, 58% opened shorts, banking situation and unknown rate sentiment can drag further up towards 1.24 - 1.2448.. Trade safe.
  • #736,975
  • Mar 20, 2023 11:58am Mar 20, 2023 11:58am
Quoting Jolita
Hi all! The stretching is painful. Hope you are ok. The reality hit when least expected, we knew this is gonna happen, interest rate rising, bets are high, weeker banks can not afford. Fed rates is a question - will it be - as aimed 0,5% to reduce inflation, ignoring all the mess - don't think so 0.25% slight reduction - maybe Or no change - high possibly For UK I think will be no change and inflation should half, this Is what Sunak is expecting. We will see soon This should be a good resistance level to short 12280. But of course still risky, 58%...
I doubt that the FED will actually take responsibility for their massive screw-up of the US Economy and the planet! It will be interesting to see what they actually do!
  • #736,976
  • Mar 20, 2023 12:00pm Mar 20, 2023 12:00pm
Quoting Moty
The bulls are too strong Every retracement candle get smashed {image}
what did I say on Fri????
  • #736,977
  • Mar 20, 2023 12:00pm Mar 20, 2023 12:00pm
Sell limit 1.229
Face 'ur fears & tame 'ur greed
  • #736,978
  • Mar 20, 2023 12:23pm Mar 20, 2023 12:23pm
Quoting ninner
{quote} what did I say on Fri????
🍀😉
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People don't plan to lose. They lose because they don't plan.
  • #736,979
  • Mar 20, 2023 12:23pm Mar 20, 2023 12:23pm
Quoting dantpm
{quote} I doubt that the FED will actually take responsibility for their massive screw-up of the US Economy and the planet! It will be interesting to see what they actually do!
Not easy.
I hope that situation will be handelled well.
Stock market is on a sell mode.
We need a solution.
  • #736,980
  • Mar 20, 2023 12:26pm Mar 20, 2023 12:26pm
Next 1.22000
Quoting manager68
1.21630 ( maybe 1.21300 ) & after that 1.22650
PIP CU PIP SE ADUNA !!!
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