Cable Update (GBPUSD) | Page 41693 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #833,841
  • Jul 31, 2024 9:00am Jul 31, 2024 9:00am
Quoting HaLBot
{quote} Beetogether this is known as a forex fork in the road
it’s also the biggest pain in our asses. lol
Insane in the Brain..
  • #833,842
  • Edited 9:32am Jul 31, 2024 9:11am | Edited 9:32am
In the light of usdx now there can be camel effects around 2820 or little low for better grip ! While eurusd may to 0820 too !
Again eurusd after broken confirmation bounces above possible and gets rejection at upper tl and any great further bounce directly very unusual , so correct and to stay just top for now or today possible. Usdx at intermediate sr presently too .
So no gross win chance by any , better range within today's play !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: download - 2024-07-31T180916.672.png Size: 17 KB
Click to Enlarge Name: download - 2024-07-31T182105.723.png Size: 23 KB
Click to Enlarge Name: download - 2024-07-31T182842.628.png Size: 20 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #833,843
  • Jul 31, 2024 9:33am Jul 31, 2024 9:33am
Quoting HaLBot
{quote} Beetogether this is known as a forex fork in the road
...
Attached Image (click to enlarge)
Click to Enlarge Name: Yogi...fork.jpg Size: 9 KB
Always trade your own plan...I don't provide trading signals.
  • #833,844
  • Jul 31, 2024 9:43am Jul 31, 2024 9:43am
Very tasty pips today my god!!
Master your mind. Master Trading.
  • #833,845
  • Jul 31, 2024 9:46am Jul 31, 2024 9:46am
GU heading towards again 1.2822
then UP after making ABCDE pattern HopeFully
  • #833,846
  • Jul 31, 2024 9:58am Jul 31, 2024 9:58am
Quoting Pat Chiko
{quote} GU Scalping update {image} {image}
GU


Update scalping position
Hope it will reach target with some luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 065.jpg Size: 149 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #833,847
  • Jul 31, 2024 10:10am Jul 31, 2024 10:10am
Quoting Pat Chiko
{quote} GU Update scalping position Hope it will reach target with some luck.{image}
Intermarket Analysis

When trading GBP/USD, it’s smart to check out other stuff like GOLD/USD or indices like the US30 or S&P500.

Intermarket Analysis: It helps to see how different markets are connected.
For example, if the USD is going down, gold prices often go up, and that can affect GBP/USD too.

Risk Sentiment: Looking at indices like the US30 or S&P500 can show you the overall mood of the market.
If these indices are doing well, it means investors are more willing to take risks, which can strengthen GBP.
If they’re not doing well, the USD might get stronger as investors play it safe.

Economic Indicators: Big economic news from the US can impact lots of markets at once.
For example, an important report in the US can shake up USD pairs, gold prices, and stock indices.

Global Market Movements: Big global events or financial news can affect all markets.
Keeping an eye on different instruments helps you stay on top of things that might indirectly impact GBP/USD.

Even though it's not a must, looking at these other instruments can give you a better overall view and help you make smarter trading decisions with GBP/USD.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gold 010.jpg Size: 112 KB
Click to Enlarge Name: us30 004.jpg Size: 72 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #833,848
  • Jul 31, 2024 10:29am Jul 31, 2024 10:29am
US either cut rate or not. GU should move above i think... coz only probability of GU dip if they are hawkish.. keeping rate steady ll not make effect its direction
  • #833,849
  • Jul 31, 2024 10:52am Jul 31, 2024 10:52am
Quoting mturabkhan
US either cut rate or not. GU should move above i think... coz only probability of GU dip if they are hawkish.. keeping rate steady ll not make effect its direction
true so the impact could be minimal around 10-30 pips all depends on the conference and of course tomorrow BoE
Insane in the Brain..
  • #833,850
  • Jul 31, 2024 11:13am Jul 31, 2024 11:13am
Quoting mturabkhan
US either cut rate or not. GU should move above i think... coz only probability of GU dip if they are hawkish.. keeping rate steady ll not make effect its direction
Rate today is already priced in
Typical Buy the rumour sell the fact FOMC.
What is more important is Powell, if he is dovish, market will start price in a 50bps cut for sept FOMC, given PCE and CPI are both trending down.
More time in the market, does not mean you trade better!
  • #833,851
  • Jul 31, 2024 11:40am Jul 31, 2024 11:40am
Quoting BeeTogether
Maybe this will be enough fuel for 129? Not sure {image}
The phone
Attached Image (click to enlarge)
Click to Enlarge Name: Iphone meme.jpg Size: 10 KB
More time in the market, does not mean you trade better!
  • #833,852
  • Jul 31, 2024 11:54am Jul 31, 2024 11:54am
Quoting Wavegarrick
{quote} Nothing much to add with the above trade except moving my stop loss up a little. From a 4hr perspective I am setting up for a buy trade with a pullback, towards 1.290000 Cheers. {image}
Nothing to hide, nothing to gain. The above buy trade was taken out for a 56 pip loss. I am in with some more buy trades. I do suspect a reversal to the upside at some point.
Trade safe,
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_82.png Size: 35 KB
Trade to trade another day
  • #833,853
  • Jul 31, 2024 12:48pm Jul 31, 2024 12:48pm
Quoting Wavegarrick
{quote} Nothing to hide, nothing to gain. The above buy trade was taken out for a 56 pip loss. I am in with some more buy trades. I do suspect a reversal to the upside at some point. Trade safe, Cheers. {image}
don't let yourself be influenced, just keep drinking, because I see that many people here still believe in the few-line strategies. They think it's that simple.
good luck man.
  • #833,854
  • Jul 31, 2024 1:15pm Jul 31, 2024 1:15pm
Quoting Fardeen1209
{quote} Rate today is already priced in Typical Buy the rumour sell the fact FOMC. What is more important is Powell, if he is dovish, market will start price in a 50bps cut for sept FOMC, given PCE and CPI are both trending down.
Why do you think rate today is priced in?

thanks
How to succeed in zero sum game?
  • #833,855
  • Jul 31, 2024 1:16pm Jul 31, 2024 1:16pm
Look likes Federal Reserve to keep interest rate around 5.5%-5.25% in long run.

Good luck to business owners who have owed banks a lot of money. Hope they don't go bankrupt by keep paying high interest rate.
With courage, patience, and discipline, success is a matter of time.
  • #833,856
  • Jul 31, 2024 1:21pm Jul 31, 2024 1:21pm
Waiting eurusd daily close below 0811 and low 0797 need . If so gu automatically may below 2806!
Attached Image (click to enlarge)
Click to Enlarge Name: download - 2024-07-31T221451.285.png Size: 14 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #833,857
  • Jul 31, 2024 1:24pm Jul 31, 2024 1:24pm
Quoting fontu
Waiting eurusd daily close below 0811 and low 0797 need . If so gu automatically may below 2806! {image}
the conference in a bit needs to be hawkish for that
Insane in the Brain..
  • #833,858
  • Jul 31, 2024 1:24pm Jul 31, 2024 1:24pm
Quoting dempire1
{quote} Why do you think rate today is priced in? thanks
Aint you, the one that said using bloomberg or refinitiv eikon for order flow in gold thread?

I guess if you are using it, i dont need to answer your question. You already have the answer there, in the terminal.
More time in the market, does not mean you trade better!
  • #833,859
  • Jul 31, 2024 1:25pm Jul 31, 2024 1:25pm
GU will not go down i think so
its up up up
  • #833,860
  • Jul 31, 2024 1:29pm Jul 31, 2024 1:29pm
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 33 KB
406 traders viewing now, 2 are registered:
,
CPUmice