Cable Update (GBPUSD)

Quoting carbonmimeti

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Time update...GBPUSD 15 min chart....1 day cycle and 2 day cycle. Today or tomorrow setup for inversion, also 1.618 of time of the previous ascent otherwise continuous descent at 21/22nd day. If instead it should go up from 18th to 22nd, then it goes down after... I'm really curious to see how it ends. {image}

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Quoting tradexyz

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ABCDD {image}

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Quoting arthurbolbos

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{quote} CLAIM: Photos show a boy who, at 11 years old, hacked the computer system of a Swiss bank and transferred $75 billion to his father’s account. AP’S ASSESSMENT: False. An Associated Press photo shows the 14-year-old boy was appearing in court for the first time on charges of killing his father, not hacking a bank. Boy in courtroom images was charged with manslaughter, not hacking bank | AP News

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Quoting TheWraith

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{quote} You are doing 4:1 reward to risk ratio or?

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Quoting TheWraith

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{quote} Weekly is what? Bearish? My chart tells me it isn't.

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Quoting voeltoez

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Long taken..expect bounce from here..lower bands daily. {image}

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Quoting Scotteyy

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{quote} I don't have a specific RR in the mind it's just whatever the high/low is for my SL and then TP is wherever I think price is going to go which is a combination of ADR and pivot points. At least for my intraday account. I prefer not to take trades that are less than 2:1 in general though.

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Quoting pipfarm

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These are the current set ups i am looking at CHFJPY D1-H1 for entry long GBPJPY D1-H1 for entry long GBPCAD D1-H1 for short - see chart in previous post EURJPY D1-H1 for long

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Quoting Wavegarrick

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{quote} Just sitting back and enjoying the ride Levels I will watch is my 78.6% fib retrace at 1.27081 of the June low to July high and below at 1.22640 - 88.6% retrace for some sort of pullback. Cheers. Edit: Just realized typo. 1.26640 not 1.22640 {image}

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Quoting BeeTogether

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ADP is rated a yellow sticker on dailyfx yet it helped open the trapdoor for a significant drop. 12680 looks a weak support this could be a drop for liquidity to move up towards 128-129 especially with BoE and NFP this week. 0.25 is a dead cert can’t see 0.5 so the reaction could be muted and help push the pound down unless there is talks to carry on the rises and a bigger one if things don’t calm down. Either way 130 is out of my view on 4H as but 125-123 is starting to appear

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Quoting navk

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bought gu 2685

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