Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#755,121
Jun 30, 2023 5:38am Jun 30, 2023 5:38am

dantpm
Joined Aug 2022 | Status: Trader | 4,859 Posts

Quoting BeeTogether

Disliked

{quote} yup totally.. for some reason even though I’m shorting I can’t rule out a move above 127.. if not today then on Monday, and it could be from not so important data too

Ignored

Next week should be an entirely different animal with the US holiday on Tuesday, short trading week that gets shortened even more!

#755,122
Jun 30, 2023 5:44am Jun 30, 2023 5:44am

navk
Joined Oct 2010 | Status: Trader | 21,478 Posts

It is bearish close on Thursday.
Caution is needed in taking longs now.
For me, long trades possible only in Asia which I did
For NY session, will trade after news event
No trade open now

Intraday only.

#755,123
Jun 30, 2023 5:47am Jun 30, 2023 5:47am

dele5000
| Joined Mar 2018 | Status: Trader | 682 Posts

My pivot at this point is 1.2636, and i suspect it is either going to 1.2717 0r 1.2555, please if you have a crystal ball, let us have your thought

#755,124
Jun 30, 2023 5:53am Jun 30, 2023 5:53am

Headland
Joined Apr 2020 | Status: Trader | 8,806 Posts

... bullish upside follow thru off last 1hr piercing pattern close - price challenging 3 fib cluster @/around top of prev 1hr sw hi zone to current dly hi, (2 shown on chart below,) top of this coexistent with 4hr part of prev 1hr/4hr sw hi zone to 2666/67. Dly R1 @/around 2655 in it. 2 x fibs there too @ same level.

1hr below

Attached Image (click to enlarge)

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Trader with an Edge.

#755,125
Jun 30, 2023 6:09am Jun 30, 2023 6:09am

Phil_GMT
Joined Jan 2008 | Status: Trader | 601 Posts

Looks like a bullish Friday Reversal, uptrend with D1 chart.

All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 18.2%

#755,126
Jun 30, 2023 6:19am Jun 30, 2023 6:19am

OnlineAddict
Joined May 2014 | Status: From1toMillion | 9,471 Posts | Online Now

We are at 2650 now...and we should see 2750...either today or next week. Lets see.

p.s. US inflation numbers would need to be low, for it to happen today, I suppose.

Everyone can see the chart, but only a few can actually read it.

#755,127
Jun 30, 2023 6:23am Jun 30, 2023 6:23am

Scotteyy
Joined May 2020 | Status: Trader | 775 Posts

Shorting from this level is good imo, stops above 12665. Break above this level is bullish.

#755,128
Jun 30, 2023 6:26am Jun 30, 2023 6:26am

montygoldy
Joined May 2017 | Status: Intermediate Trader | 6,412 Posts

Feeling dxy is preparing for next leg up......

Extreme gut feeling trader

#755,129
Jun 30, 2023 6:26am Jun 30, 2023 6:26am

pipfarm
Joined Oct 2010 | Status: Trader | 4,465 Posts

USDCAD looks good for longs

D1 is moving against W1 so overall corrective
H4 moved against D1 so corrective

and H1 has now started to trend up in line with H4 and D1

Follow The Markets Structure - Patience and Discipline

#755,130
Jun 30, 2023 6:27am Jun 30, 2023 6:27am

ScalaFX
Joined May 2021 | Status: Trader | 7,225 Posts

Quoting OnlineAddict

Disliked

We are at 2650 now...and we should see 2750...either today or next week. Lets see. p.s. US inflation numbers would need to be low, for it to happen today, I suppose.

Ignored

hello Bro OA!
I think probably take 2550 first before strong bounce, but we will see I think after NY open, I dont like trading against you but stick to my system, green pips to you and I wish you see till end of year this 1M on your TE, cherrs!