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Cable Update (GBPUSD)

  • #770,921
  • Aug 29, 2023 6:27am Aug 29, 2023 6:27am
Quoting Yngwie
{quote} Fed up. Closed 30p .1.2580 should be support.
1.2850 should be keep bulls pressure. However 2 big usd news coming up soon.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #770,922
  • Aug 29, 2023 6:34am Aug 29, 2023 6:34am
Quoting Yngwie
{quote} 1.2850 should be keep bulls pressure. However 2 big usd news coming up soon.
The 'big news' data is 'very soft' when it comes to the FED and Forex rates (it isn't CPI or employment!) but no one knows how the MM's will move price!
  • #770,923
  • Aug 29, 2023 6:35am Aug 29, 2023 6:35am
Now we are getting somewhere
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yes yes yes
  • #770,924
  • Aug 29, 2023 6:38am Aug 29, 2023 6:38am
Quoting Traderview
{image}
For bulls price needs to stay above 1.2605.

Price has been moving sideways range of 1.2570 - 1.2670 and could extend to 1.2720. I'd get in and get out. Holding is not wise.
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  • #770,925
  • Aug 29, 2023 6:57am Aug 29, 2023 6:57am
In long 1.2590...target - 1.2630....sl-1.2576
  • #770,926
  • Aug 29, 2023 7:13am Aug 29, 2023 7:13am
Quoting monaghan
Mt take this morning, Area of confluence, to go short {image}
Job done for today
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  • #770,927
  • Aug 29, 2023 7:16am Aug 29, 2023 7:16am
buy entered here
Intraday only.
  • #770,928
  • Aug 29, 2023 7:21am Aug 29, 2023 7:21am
GBP/USD (4H): the price formed a lower high at the resistance zone.
Soon we may see the continuation of the downtrend towards the 1.24500 support area
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  • #770,929
  • Aug 29, 2023 7:30am Aug 29, 2023 7:30am
Yes yes yes
Close all 5 pips before my initial tp at 1.25600
Exit at 1.25650
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yes yes yes
  • #770,930
  • Aug 29, 2023 7:35am Aug 29, 2023 7:35am
last trade of the month for me

will try again next week/month
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MY OPINION NOT FINANCIAL ADVISE
  • #770,931
  • Aug 29, 2023 7:36am Aug 29, 2023 7:36am
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1hr
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  • #770,932
  • Aug 29, 2023 7:45am Aug 29, 2023 7:45am
Still holding longs....I believe you can fly
average dude treading water
  • #770,933
  • Aug 29, 2023 7:58am Aug 29, 2023 7:58am
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  • #770,934
  • Aug 29, 2023 8:06am Aug 29, 2023 8:06am
Quoting T721
Going back to bed, still feeling shit and getting worse.... Good luck trading guys {image} {image} {image}
Try NAC 600mg. Parapharma(natural) after one month will never see covid again. It wipes graphene oxide from your blood. Very cheap. I bought online 15€. They delivered in 2 days here in Spain.
POSTMASTER
  • #770,935
  • Aug 29, 2023 8:13am Aug 29, 2023 8:13am
Will have to exit Shorts if Yen doesn't go up on the news.
Having 166 on CHF/JPY again.. thank you Central Banks!
This pair will drop so hard it'll be a nice gift for Christmas from central banks to my account.
  • #770,936
  • Aug 29, 2023 8:17am Aug 29, 2023 8:17am
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yes yes yes
  • #770,937
  • Aug 29, 2023 8:22am Aug 29, 2023 8:22am
It's funny how the low on GBP/USD will have nothing to do with BOE or Fed, but rather Japan. When Japan intervenes and starts dumping USD to prop up JPY, that's when the new low on GBP/USD will happen.

At least I think that's going to be the case.
  • #770,938
  • Aug 29, 2023 8:26am Aug 29, 2023 8:26am
[quote=TheWraith;14554044]It's funny how the low on GBP/USD will have nothing to do with BOE or Fed, but rather Japan. When Japan intervenes and starts dumping USD to prop up JPY, that's when the new low on GBP/USD will happen. At least I think that's going to be the case.[/quote

Usdjpy will be going to 150 first
  • #770,939
  • Edited 8:56am Aug 29, 2023 8:33am | Edited 8:56am
Quoting Robinhood1
{quote} Try NAC 600mg. Parapharma(natural) after one month will never see covid again. It wipes graphene oxide from your blood. Very cheap. I bought online 15€. They delivered in 2 days here in Spain.
Thanks, will try to get it today all for 1 an 1 for all
  • #770,940
  • Aug 29, 2023 8:42am Aug 29, 2023 8:42am
Quoting Traderview
{quote} For bulls price needs to stay above 1.2605. Price has been moving sideways range of 1.2570 - 1.2670 and could extend to 1.2720. I'd get in and get out. Holding is not wise. {image}
update: check out the yellow range
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