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Cable Update (GBPUSD)

  • #756,321
  • Jul 6, 2023 4:45am Jul 6, 2023 4:45am
Taking partials (20%) at current area for safety. 1.273
Now we wait and see if it breaks or getting pushed back.
Exhausted
  • #756,322
  • Edited 5:03am Jul 6, 2023 4:49am | Edited 5:03am
Quoting tradexyz
CABLE shitters chew on it bond shell company many spell binders GAS NAM soviet style bureaucracy iam not ru T less on lernen focus referee...hone in
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for the money... honey...it's rough where we are from...ru ig rock&roll with it tweet on munitions depot pr scope
  • #756,323
  • Jul 6, 2023 4:50am Jul 6, 2023 4:50am
GBP has been hitting resistance at 1.2730 - 40 but looks strong, the past 2 days, it didn't reverse as much as the euro did for all the news. I think it will break little higher. Check all time frames around 1.2735 it is like a wall.
  • #756,324
  • Jul 6, 2023 4:50am Jul 6, 2023 4:50am
Market pricing in 6.50% of IR as a target for BOE. Holy shit that is high. Just based on this GBP/USD should be reaching 1.30 in a few days.

Quite possibly this is the most important news for GBP/USD in a short term now.

Quite frankly, fundamentally, there is nothing going on at the moment that would push the GBP/USD down. For price to go down either shocking US news have to happen or some major event.

Direction is up.
  • #756,325
  • Jul 6, 2023 4:56am Jul 6, 2023 4:56am
Quoting TheWraith
Market pricing in 6.50% of IR as a target for BOE. Holy shit that is high. Just based on this GBP/USD should be reaching 1.30 in a few days. Quite possibly this is the most important news for GBP/USD in a short term now.
Weekly view is 1.3 for next week or at least by the end of month.
However, there are some unfinished business at the bottom area it seems.
Maybe the news will be the triggers for the drop.
Exhausted
  • #756,326
  • Jul 6, 2023 4:56am Jul 6, 2023 4:56am
GBPJPY
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  • #756,327
  • Jul 6, 2023 5:06am Jul 6, 2023 5:06am
Quoting Abouelzelouf
GBP has been hitting resistance at 1.2730 - 40 but looks strong, the past 2 days, it didn't reverse as much as the euro did for all the news. I think it will break little higher. Check all time frames around 1.2735 it is like a wall.
dr61 2 oranges lines pdhi on sin aapl cosinus issues tangibles cold war hard to get info keep it frozen cell IQF
WR38-DR78 ..456-..458 wait 7
  • #756,328
  • Jul 6, 2023 5:18am Jul 6, 2023 5:18am
GBPUSD has completed the retest o trendline, most likely going up. Im long
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There is NO SHORTCUT to become a SUCCESSFUL Trader
  • #756,329
  • Jul 6, 2023 5:18am Jul 6, 2023 5:18am
Taking off another partials (50%) at current price point 1.274 - 1.275.
Leaving rest to positive BE and 1.276 ~ 1.277 as target.
Exhausted
  • #756,330
  • Edited 5:28am Jul 6, 2023 5:18am | Edited 5:28am
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wie want more... be wees kind... ican read kicks back easy chair PWHI
  • #756,331
  • Jul 6, 2023 5:20am Jul 6, 2023 5:20am
Will wait for US data today to confirm any trades and status of current loss
Insane in the Brain..
  • #756,332
  • Jul 6, 2023 5:21am Jul 6, 2023 5:21am
Quoting OnlineAddict
We are at 2650 now...and we should see 2750...either today or next week.
2750 hit, it was the latter.
Everyone can see the chart, but only a few can actually read it.
  • #756,333
  • Jul 6, 2023 5:22am Jul 6, 2023 5:22am
daily down pattern invalid now.
it can go up to a new yearly high.

but im not going to trade it
  • #756,334
  • Jul 6, 2023 5:26am Jul 6, 2023 5:26am
Change of plans, closed all longs. Dk, just some gutsy feeling that I shouldn't hold.
I'm done for the day.
Trade safe peeps.
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Exhausted
  • #756,335
  • Jul 6, 2023 5:28am Jul 6, 2023 5:28am
Have taken some partials at this level daily R2. Will hold most of longs and add more if price drops below 1.2730.
  • #756,336
  • Jul 6, 2023 5:30am Jul 6, 2023 5:30am
..nice spurt up and upside follow thru on 3rd b/o of Asian hi and last 1hr bullish thrust close...breaking upside of prev minor dly/4hr/1hr sw hi zone to last wk's hi now.

4hr below
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Trader with an Edge.
  • #756,337
  • Jul 6, 2023 5:30am Jul 6, 2023 5:30am
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  • #756,338
  • Jul 6, 2023 5:34am Jul 6, 2023 5:34am
Quoting donfriday
I expect Gu to rally back above 1.2750 in 3 days failure of close above 1.2750 will target price back to preceding Level 1.25

out of trades

NFP TOMORROW

NEXT WEEK I WILL BE LOOKING FOR TREND TO 1.30 or 1.25 depend on how we close the week above or below the quarter point
MY OPINION NOT FINANCIAL ADVISE
  • #756,339
  • Jul 6, 2023 5:34am Jul 6, 2023 5:34am
short 2765 GU
People don't plan to lose. They lose because they don't plan.
  • #756,340
  • Jul 6, 2023 5:35am Jul 6, 2023 5:35am
news or before more probably
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