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Cable Update (GBPUSD)

  • #753,741
  • Jun 22, 2023 7:00am Jun 22, 2023 7:00am
news missing on FF ! little bounce to 2767/74 ok to see next move if towards 2690
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #753,742
  • Jun 22, 2023 7:02am Jun 22, 2023 7:02am
Quoting fontu
news missing on FF ! little bounce to 2767/74 ok to see next move if towards 2690
what news?
Insane in the Brain..
  • #753,743
  • Edited 7:26am Jun 22, 2023 7:06am | Edited 7:26am
Quoting BeeTogether
{quote} what news?
eur and usd 3 news at 6pm my time , ok they are published now as positive all and also powell
Testifies, so may provide liquidities. 7pm Crude Oil Inventories to finalise today though today !

checking usdx , it should go more down for a good support , ok but it can try best a bounce now too ! though bear continue , and this bounce may bear other , like go to 2741/17/10 or 2690 possible ! lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #753,744
  • Jun 22, 2023 7:10am Jun 22, 2023 7:10am
Long on GJ…
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My telegram: https://t.me/avidforex
  • #753,745
  • Jun 22, 2023 7:14am Jun 22, 2023 7:14am
Quoting Pat Chiko
{quote} GU _ real time LOnng rWhre's my roket ?{image}
GU - Real Time

This is my thought process in tking those trades.
First & second N3 description with adjusted SL
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #753,746
  • Jun 22, 2023 7:16am Jun 22, 2023 7:16am
Quoting ylltahiri
Took a short position and im feeling confident {image}
Nice one Bro
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #753,747
  • Jun 22, 2023 7:18am Jun 22, 2023 7:18am
Quoting OperaniyiFx
{quote} GU will down today tomorrow no more up
Nice on Bro.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #753,748
  • Jun 22, 2023 7:22am Jun 22, 2023 7:22am
Back to square one, volume seems to be on a beer break
Insane in the Brain..
  • #753,749
  • Jun 22, 2023 7:26am Jun 22, 2023 7:26am
Quoting Pat Chiko
{quote} Nice on Bro.
Hi Pat, you re so active, I m very sorry it was not possible to communicate with you
  • #753,750
  • Jun 22, 2023 7:29am Jun 22, 2023 7:29am
GU will make another leg up.

from here 1.275 or from 1.265 area
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  • #753,751
  • Jun 22, 2023 7:40am Jun 22, 2023 7:40am
looks pa perfect play, 2726 by next 15 min ok , after 7 pm news may try for 2712 to 2690 target !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #753,752
  • Jun 22, 2023 7:41am Jun 22, 2023 7:41am
Quoting Bella.al
Currently i am not allowed to trade , so i am just charting. ( Possibilities ) {image}
Note: I have removed the resistance line (1.28013 ) from the previous chart. I am glad it worked but the time is over.

Chart + Bella's Blue
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Goddess of Thunder..
  • #753,753
  • Jun 22, 2023 7:42am Jun 22, 2023 7:42am
Quoting navk
{quote} 2840/00 rejected many times this week. With this scenario... 2650 will make 200 pips for this week.
Today's close is very key to decide whether 1.2650 or 1.2900 tomorrow... A close above 1.2780 will attack 1.2900, a close below 1.2730 will attack 1.2650...
Data + Stat + Risk/Emotions Management
  • #753,754
  • Jun 22, 2023 7:45am Jun 22, 2023 7:45am
Anyone who is interested in trying this ma setup I have been testing for trend momentum. I’m usin two ma of the same period with both using typical price but one will be a smooth moving average and one will be linear weighted. It prints really interesting results using a fast and slow ma of the same period.
be a thinker before being a reacter
  • #753,755
  • Jun 22, 2023 7:46am Jun 22, 2023 7:46am
I called that res earlier this week and I was right
You shell not pass 1.28126 mf
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yes yes yes
  • #753,756
  • Jun 22, 2023 7:50am Jun 22, 2023 7:50am
Quoting boodvah
Anyone who is interested in trying this ma setup I have been testing for trend momentum. I’m usin two ma of the same period with both using typical price but one will be a smooth moving average and one will be linear weighted. It prints really interesting results using a fast and slow ma of the same period.
TRY THIS...
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  • #753,757
  • Jun 22, 2023 7:56am Jun 22, 2023 7:56am
A bit underwhelming day. I did not expect a 0.5% hike, and looking at yesterday's inflation report, the sectors driving the inflation don't get affected by the rate hikes anyway. It might be a policy mistake, but we'll see that in the coming months.
As far as the report, it's all hawkish.
US data is mixed, but considering the divergence between the FED and market pricing, the risk is definitely to the upside for the USD. So there is a bullish case for both currencies.
Luckily, we're getting good reports tomorrow that could trigger sizeable moves. If the data comes in stronger for the UK, the GBPUSD will catch up to the yield spread quickly, but weaker data can easily ignite recession fears and spark debate about whether the 0.5% hike was the correct decision. In the US, stronger print and the markets will start believing the FED will hike again.
  • #753,758
  • Jun 22, 2023 8:02am Jun 22, 2023 8:02am
got crude oil inventories as very positive , may take some time to react and more as last news time !
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #753,759
  • Jun 22, 2023 8:06am Jun 22, 2023 8:06am
Nearly time to crack open a
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Insane in the Brain..
  • #753,760
  • Jun 22, 2023 8:09am Jun 22, 2023 8:09am
Quoting IgorGG
A bit underwhelming day. I did not expect a 0.5% hike, and looking at yesterday's inflation report, the sectors driving the inflation don't get affected by the rate hikes anyway. It might be a policy mistake, but we'll see that in the coming months. As far as the report, it's all hawkish. US data is mixed, but considering the divergence between the FED and market pricing, the risk is definitely to the upside for the USD. So there is a bullish case for both currencies. Luckily, we're getting good reports tomorrow that could trigger sizeable moves....
We can see that 0.5 was without action, this is the reality, the explanation is not important. What will be tomorrow, we can see only tomorrow, if we keep the eyes open
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