Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#830,321
Jun 24, 2024 3:28am Jun 24, 2024 3:28am

HaLBot
Joined Jan 2016 | Status: Trader | 5,200 Posts

Quoting birdland

Disliked

to avoid any misunderstandings: i have no allegiance to either russia or the west. both are concerned with natural resources in ukraine, but both are lying to the public about other reasons for the war. it's...like forex trading...once again just about money;-)

Ignored

Bullshit Birdland your a Wrusskie

Don't Leave Money on the Table

#830,322
Jun 24, 2024 3:32am Jun 24, 2024 3:32am

birdland
Joined Aug 2010 | Status: absolute beginner | 5,463 Posts

Quoting HaLBot

Disliked

{quote} Bullshit Birdland your a Wrusskie

Ignored

i don't stick to either side...in trading i'm also not a long or a short;-)

trading is like dancing, don't think and just listen to the music!

#830,323
Jun 24, 2024 3:33am Jun 24, 2024 3:33am

HaLBot
Joined Jan 2016 | Status: Trader | 5,200 Posts

Quoting birdland

Disliked

{quote} i don't stick to either side...in trading i'm also not a long or a short;-)

Ignored

Birdland just joking m8

Don't Leave Money on the Table

#830,324
Jun 24, 2024 3:37am Jun 24, 2024 3:37am

HaLBot
Joined Jan 2016 | Status: Trader | 5,200 Posts

This woman I follow for forex trading Lingrid has posted this chart of Eur/Usd going long which implies Cable heading north also. She could be wrong and doesn't get it right all the time...

Being a bull I had a little feast so far today

Not that I have anything against selling it's just that I'm not very good at it, should just follow the bears here

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Don't Leave Money on the Table

#830,325
Jun 24, 2024 3:39am Jun 24, 2024 3:39am

evansabove57
| Joined Feb 2024 | Status: Oil/FX Trader | 52 Posts

Quoting ScalaFX

Disliked

anybody seeing GU like I at 1.29 at end of the week?

Ignored

I'm bullish as well but not this week I think. No significant news to take out all the highs untill 1.29( only US GDP q/q). Looks like we'll hover around 1.26-1.27 this week.

Just another trader in drawdown... Volume Profiles & PA

#830,326
Jun 24, 2024 3:40am Jun 24, 2024 3:40am

genadi
Joined Nov 2020 | Status: Trader | 2,471 Posts

Quoting Waveskierrob

Disliked

{quote} Others may disagree...

Ignored

Who? Ferna? Where is he? Still searching for equality among traders?
He wants to be equal to you.

#830,327
Jun 24, 2024 3:41am Jun 24, 2024 3:41am

Headland
Joined Apr 2020 | Status: Trader | 8,809 Posts

G/M, the 4hr/dly/wkly part of that prev 1hr/4hr/dly/minor wkly sw hi zone = prev res = pot rbs that starts @ 2634 provided the demand @ fri's lo. Price remains in between fri's hi and lo, and has made an upside b/o of today's asian hi.

@ current dly hi price is challenging a prev 1hr/4hr sw hi zone = prev res = pot res / 2 x upside fibs/Wkly Pivot, as well as the 4hr/dly part of the prev 1hr/4hr/dly sw lo zone that starts @ 2658 = prev supp = pot sbr (see dly chart below.)

dly then 1hr below

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Trader with an Edge.

#830,328
Jun 24, 2024 3:53am Jun 24, 2024 3:53am

genadi
Joined Nov 2020 | Status: Trader | 2,471 Posts

Buy GU here at 1.2659

#830,329
Jun 24, 2024 3:54am Jun 24, 2024 3:54am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

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yes yes yes

#830,330
Jun 24, 2024 3:54am Jun 24, 2024 3:54am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,012 Posts

Quoting ScalaFX

Disliked

anybody seeing GU like I at 1.29 at end of the week?

Ignored

I think we may have not hit the bottom of the drop yet. Potentially 129-130 end of first week of July after UK elections. Especially if it is the landslide that has been predicted.

Insane in the Brain..

#830,331
Jun 24, 2024 3:58am Jun 24, 2024 3:58am

HaLBot
Joined Jan 2016 | Status: Trader | 5,200 Posts

Quoting BeeTogether

Disliked

{quote} I think we may have not hit the bottom of the drop yet. Potentially 129-130 end of first week of July after UK elections. Especially if it is the landslide that has been predicted.

Ignored

I see Nigel Farage's party is polling well and what will that do to the political landscape? Maybe a lot of the seats labour is expecting will go their way?
All will be revealed on election day

Don't Leave Money on the Table

#830,332
Jun 24, 2024 3:59am Jun 24, 2024 3:59am

genadi
Joined Nov 2020 | Status: Trader | 2,471 Posts

Quoting Moty

Disliked

{image}

Ignored

Moty, we are on the same side, but for the different reasons.
Green pips to you, my dear friend.

#830,333
Jun 24, 2024 3:59am Jun 24, 2024 3:59am

donfriday
Joined Jan 2009 | Status: bye FF | 8,806 Posts

Quoting ScalaFX

Disliked

anybody seeing GU like I at 1.29 at end of the week?

Ignored

i see a boring range between 1.26 and 1.27 this week

my overall view bullish

MY OPINION NOT FINANCIAL ADVISE

#830,334
Jun 24, 2024 4:09am Jun 24, 2024 4:09am

ScalaFX
Joined May 2021 | Status: Trader | 7,225 Posts

Quoting ScalaFX

Disliked

anybody seeing GU like I at 1.29 at end of the week?

Ignored

ok, seems Im not alone, thats good,GU can deep some more to test 1.26 or even 257x but I still see price dont take all LQ to dive deep oto the end of the year, lets see how this play out

People don't plan to lose. They lose because they don't plan.

#830,335
Jun 24, 2024 4:16am Jun 24, 2024 4:16am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,012 Posts

Quoting HaLBot

Disliked

{quote} I see Nigel Farage's party is polling well and what will that do to the political landscape? Maybe a lot of the seats labour is expecting will go their way? All will be revealed on election day

Ignored

even though he is polling well from
what I’ve been reading he won’t win many if any seats. His appeal is to the far right of the Tory party with one mantra to stir up racial hatred.

Insane in the Brain..

#830,336
Jun 24, 2024 4:16am Jun 24, 2024 4:16am

eyefeelsix
Joined Aug 2021 | Status: Trader | 2,503 Posts

Quoting ScalaFX

Disliked

anybody seeing GU like I at 1.29 at end of the week?

Ignored

volatility is too low for GU to reach that level, we only have average of 50p/day for the week ( unless there is a surprise )

https://breakpullback.com

#830,337
Jun 24, 2024 4:16am Jun 24, 2024 4:16am

tiborf71
Joined Apr 2011 | Status: survivor | 4,131 Posts

in any case, I expect a corrective candle to the north today or tomorrow.
eur/aud.
GBP/AUD
D1.

#830,338
Jun 24, 2024 4:19am Jun 24, 2024 4:19am

Headland
Joined Apr 2020 | Status: Trader | 8,809 Posts

...the prev 1hr/4hr sw hi zone to 2674 = prev res = pot res, (coexistent with the prev 4hr/dly sw lo zone that starts @ 2658, = prev supp =pot sbr) was the 1st test to get north of it from below it. It extends on 4hr and dly to circa 2685.

Dly R1 is just above current dly hi, @/around 2668.

4hr below

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