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Cable Update (GBPUSD)

  • #822,141
  • Apr 18, 2024 12:23pm Apr 18, 2024 12:23pm
Now i am short on gbpusd
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My telegram: https://t.me/avidforex
  • #822,142
  • Apr 18, 2024 12:30pm Apr 18, 2024 12:30pm
Dollar is reaching its top as of the latest re-pricing in rates expectations -higher yields. Significantly stronger data is needed to push dollar further up which is highly unlikely. In fact, while the jobs market did add much more jobs than expected, CPI numbers came in basicly as expected, up only because of the rounding. Earnings were as expected, and producer prices actually softer. However, for a stronger decline in USD we will need more disinflation data which I expect from May; May could be the start of the USD bear trend into the elections where things could get bumpy.

Initial goal for GBP 1.3 by the summer/ early summer.
  • #822,143
  • Apr 18, 2024 12:36pm Apr 18, 2024 12:36pm
Quoting suhas316
Going short GBP/USD with lil stop loss {image}
Closed one lot 40 pips profit.... one still holding
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!! Radha Radha !!
  • #822,144
  • Apr 18, 2024 12:46pm Apr 18, 2024 12:46pm
USD/JPY Short 154.650.
  • #822,145
  • Apr 18, 2024 1:31pm Apr 18, 2024 1:31pm
Breaks and hold 2435 likely test 2400! Watching
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #822,146
  • Apr 18, 2024 1:59pm Apr 18, 2024 1:59pm
Price on GBP/USD is completely BEARISH. There are no signs of any reversal at the moment.
If you Buy now and it later proves to be correct, then you've just been lucky in my opinion.

M15 Short
M30 Short
H1 Short
H4 Weak Long (If 1.24318 doesn't hold, then H4 is turning Short again)
D1 Short
  • #822,147
  • Apr 18, 2024 2:07pm Apr 18, 2024 2:07pm
Quoting Whatevs
USD/JPY Short 154.650.
Short 154.590.
  • #822,148
  • Apr 18, 2024 4:12pm Apr 18, 2024 4:12pm
Quoting navk
sell day today. Atleast until LO
Nice call Navk, it was indeed a sell day
Compulsions can be hard to resist
  • #822,149
  • Apr 18, 2024 8:07pm Apr 18, 2024 8:07pm
Quoting Wavegarrick
{quote} Well, it looks like GU could be finding support around this area and a possible bullish cycle from a 4hr technical perspective. I am looking at a target of my weekly pivot at 1.25270 minimum. I could be wrong, of course. Trade safe. {image}
Nothing stopping the USD atm. WKY suggests support at 1.21-1.22. Cheers
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  • #822,150
  • Apr 18, 2024 8:13pm Apr 18, 2024 8:13pm
GBPUSD is on a downtrend this week snipe sells now!
  • #822,151
  • Edited 8:35pm Apr 18, 2024 8:24pm | Edited 8:35pm
Oil perks up on talk of a strike in Iran

As expected. US is going after Iran.


Pound could, Pound should and Pound will fall against USD.


There is WW3 going on and yet CB refuse to move the money into JPY. Ridiculous... so much about risk off, risk on.

Gregory Mannarino warned about the war between US and Iran... and he was right as usual.
  • #822,152
  • Apr 18, 2024 8:39pm Apr 18, 2024 8:39pm
Quoting Whatevs
Price on GBP/USD is completely BEARISH. There are no signs of any reversal at the moment. If you Buy now and it later proves to be correct, then you've just been lucky in my opinion. M15 Short M30 Short H1 Short H4 Weak Long (If 1.24318 doesn't hold, then H4 is turning Short again) D1 Short
Support on H4 is obviously broken because of Iran news and that means the next Support is 1.2309.
Then, 1.223 and last Support is 1.21.
  • #822,153
  • Apr 18, 2024 8:53pm Apr 18, 2024 8:53pm
Quoting OperaniyiFx
I will be dropping signal for 80pips TP soon. GBPUSD only. 100% winning guaranteed
Update please
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Emotional Control. Process, not outcome.
  • #822,154
  • Apr 18, 2024 8:54pm Apr 18, 2024 8:54pm
Quoting Whatevs
Oil perks up on talk of a strike in Iran As expected. US is going after Iran. Pound could, Pound should and Pound will fall against USD. There is WW3 going on and yet CB refuse to move the money into JPY. Ridiculous... so much about risk off, risk on. Gregory Mannarino warned about the war between US and Iran... and he was right as usual.
I just bough gbp from s2 for scalp.
Intraday only.
  • #822,155
  • Apr 18, 2024 8:54pm Apr 18, 2024 8:54pm
Quoting Whatevs
{quote} Support on H4 is obviously broken because of Iran news and that means the next Support is 1.2309. Then, 1.223 and last Support is 1.21.
wrong, 1.2350
  • #822,156
  • Apr 18, 2024 9:12pm Apr 18, 2024 9:12pm
Quoting Whatevs
Oil perks up on talk of a strike in Iran As expected. US is going after Iran. Pound could, Pound should and Pound will fall against USD. There is WW3 going on and yet CB refuse to move the money into JPY. Ridiculous... so much about risk off, risk on. Gregory Mannarino warned about the war between US and Iran... and he was right as usual.
USD and JPY are both risk off instruments.
Currently, AUD, EUR and GBP buying USD.
USD buying JPY and CHF. Our job is to now weigh the odds and go with the flow
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Emotional Control. Process, not outcome.
  • #822,157
  • Apr 18, 2024 9:20pm Apr 18, 2024 9:20pm
Quoting leonelaus
{quote} I expect more than this in the next coming days {image}
Bagged at 190.6 done waiting
  • #822,158
  • Apr 18, 2024 9:32pm Apr 18, 2024 9:32pm
Quoting leonelaus
{quote} Bagged at 190.6 done waiting
trailing my stops, see more movement, ADR already broken so expect another 100% or so of daily ADR
Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal
  • #822,159
  • Apr 18, 2024 9:35pm Apr 18, 2024 9:35pm
Quoting suhas316
Going short GBP/USD with lil stop loss {image}
85+ pips in profit and still holding
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!! Radha Radha !!
  • #822,160
  • Apr 18, 2024 9:36pm Apr 18, 2024 9:36pm
Quoting Iansco
{quote} trailing my stops, see more movement, ADR already broken so expect another 100% or so of daily ADR
Chart?
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