Cable Update (GBPUSD)

Trade test, GU M15 long, the next bar after the yin line became a positive line and it was successful, the current bar also became a small positive line, but it is not expected to continue.

Trade test, dollar yen H4 short continues.
The target is HiddenGapcenter147.6, but there are 157 minutes until the current bar is confirmed. Let's see what the results will be.

dont forget "gentlemen" japan banks are closed today and ive found the path of least resistance in markets is up LOL

Some of us are content with few pips.

buy stop 2403 tp open sl 2375

Try long 2395

Trade test, dollar yen H4 short H4 pair confirmed.
The liquidity is low and it has not reached HiddenGapmiddle1, but the positive line has turned to the negative line, and it looks like it will fall a little further.
The test is satisfactory.

same SL

GBP/USD: Price rejecting Fibonnaci Retracement at 61.8 at Price 1.23995 again. The price might hit 1.23700 to 1.23600. If it goes through support at 1.23600, next possible target can be 1.23200 before going long. Same, if it goes through, we may see the price hit at 1.2300 or below.
Tommrow we get CAD news, if CAD gets stronger against USD, GBP might go long. Same as if it CAD is weaker (which I think it will be), USD will gain against CAD and GBP might dip against USD. Because, UK is facing higher inflation rates already.

(Just a beginner point of view and analysis posting here for seniors to judge me if I am analysing it correctly)

Cable bears appear well-set to revisit the mid-2023 lows surrounding the 1.2300 round figure unless it crosses the 1.2450 upside hurdle.

GBP/USD

Price established a Support at 1.23869, however I need some more data to figure out the Resistance.
Then, we have a classic Range, Selling at Resistance and Buying at Support.

Price action looks disorderly at the moment. Waiting for Range to be established.

Meanwhile, here I am waiting for confirmations in front of my screen to go long/short for long trades with some good profits. :v

GBP/USD

Went Short

Possible Resistance established.

Trade test, dollar yen short was settled successfully.
In addition, since the next leg is going down towards the headwind, I think there will naturally be a move to test higher prices.

what happaned to your daily system????

critical price to the upside 1.2424, prolly a london false breakout where i m planning to place some shorts

My target is 1.24400 weekly pivot

Planning some shorts, price is retesting before going down.
Price is rejecting fibonnaci retracement 61.8 again.