Cable Update (GBPUSD)

Quoting JayBag

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{quote} Earth is weird AF. What a design. To think it's blazing hot elsewhere is crazy. We could really use some of that heat on this side. 56k? Maybe, but I'm taking 58k because it adds up. I could be completely wrong, of course, so let's see. Cheers

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Quoting JayBag

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Good morning, gang, Its probably not the best place to share a BTC chart, for that reason, I do apologies. GBPUSD remains BULLISH IMHO and BTC is about to join the party Okay, that's enough speculation this morning Cheers and keep warm (It's FREEZING here) {image}

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Quoting HaLBot

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{quote} I live in a country with blazing heat and been like that forever just like Africa. Australia is the driest inhabited continent in the world, only Antartica is drier. My Country by Dorothy Mackellar written in 1901 I love a sunburnt country, A land of sweeping plains, Of ragged mountain ranges, Of droughts and flooding rains. I love her far horizons, I love her jewel-sea, Her beauty and her terror - The wide brown land for me!

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Quoting ScalaFX

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{quote} I will be waiting for buys at 56000

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Quoting JayBag

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{quote} 56k? fair enough level as well. I am taking this 58k for some IMPULSIVE move. Let's see how they play it

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Quoting HaLBot

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{quote} Basing the 56.5k idea of the daily chart and price has gone below the 200day moving average for a short while. RSI suggest price can go a bit lower than where it is before a push back up....could be wrong {image}

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Quoting JayBag

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{quote} Oh really? I had no idea AU is that dry. Indeed we learn everyday. Dorothy was a brilliant poet. That was a beautiful poem.

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Quoting HaLBot

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{quote} The Red Centre of Australia, like this for probably a thousand kilometres in all directions... Uluru a monolith slap bang in the middle of the country and The Olgas with Uluru in the background and an Aboriginal culture at least 60 thousand year old {image} {image} {image}

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Quoting JayBag

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{quote} Your bias for 56k is justified TBH. I see your chart and how you play around it. However, I include TIME in my setups, and judging by the TIME (LONDON sesh) and DAY (Thursday), I think 58k will send it packing. Not forgetting that Thursdays are usually reversal days. There are other factors why I am taking this trade, but then again, I could be wrong despite all those factors, so Stop-loss will be there for the rescue {image}

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Quoting Headland

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G/M, 5th consecutive bullish-bodied dly candle y/day, and a 3rd consecutive > 30day adr day! So far today, Asia continued the pullback recovery just started y/day and there has been a 1st upside b/o of Asian hi during early london trading, price challenging the prev 1hr/4hr sw hi zone = prev res = pot res that leads up to y/day's hi (4hr part so far.) Is a Uk general election coupled with a U.s Bank Hol a liquidity killer? 1hr below {image}

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Quoting Headland

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G/M, 5th consecutive bullish-bodied dly candle y/day, and a 3rd consecutive > 30day adr day! So far today, Asia continued the pullback recovery just started late y/day, and there has been a 1st upside b/o of Asian hi during early london trading, price challenging the prev 1hr/4hr sw hi zone = prev res = pot res that leads up to y/day's hi (4hr part so far.) Is a Uk general election coupled with a U.s Bank Hol a liquidity killer? 1hr below {image}

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Quoting BeeTogether

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{quote} definitely! It’s more of a let’s wait till 11pm before the market can wake up lol

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Quoting ScalaFX

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{quote} if price broke that TL will fall with no checkpoint

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Quoting BeeTogether

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UK data was a pretty big miss, looks like we are in range zone

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Quoting knkie

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{quote} one would think that during election day price will range

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Quoting BeeTogether

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{quote} total day of rest

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