Cable Update (GBPUSD)

Noice, Very Noice

These are very good numbers.....

Data is very green all beating expectations.

Remember, I still maintain that you should BUY to 1.311 at least.

Had more Longs on since 1.297+ with proper risk management

Sold 1.3057

...mostly always get a strong reaction when the forecasts are bad and the actual numbers are good, or vice versa, and so it plays out this time. So, a sustained 1st upside b/o of Asian hi, after that 1st upside b/o above y/day's hi by Asian hi.

1hr below

Went long gu seems to be in an upward channel. Still a lot of room to the upside

protecting long term

Good bounce with news over 3050 ,near resistance 3077 , so short to see , signal 3061 and 49;
Next 3029 and confirmation 22. May to keep for whole day ! Let's see

Maybe, this will cheer you up
Leon the Lion Who Loved to Dance
Once upon a time in the sunny African savanna, there lived a lion named Leon. But Leon wasn’t just any lion; he had a secret passion—he loved to dance! While other lions spent their days lounging in the sun or hunting for food, Leon could be found twirling and leaping in the tall grass.
One bright morning, Leon decided he wanted to share his love of dance with his friends. "Let’s have a dance party!" he roared excitedly, inviting all the animals of the savanna. The zebras, elephants, monkeys, and even the shy little tortoise all agreed to join him.
As the sun began to set and painted the sky in colors of orange and pink, Leon set up a little stage made of leaves and stones. He wore a shiny flower crown and was ready to show off his moves. "Watch me!" he called out, as he spun around, his mane flowing like golden waves.
The other animals gathered around, curious but a little unsure. "Lions don’t dance," said Zuri, the zebra, shaking her head. "They roar!"
Leon just smiled and said, "But dancing is fun! Come on, join me!" He started to stomp with his big paws and wiggle his tail, making silly sounds that made everyone giggle.
Slowly, one by one, the animals began to join in. The zebras danced in stripes, the elephants swayed their big ears, and even the tortoise bobbed his shell to the beat. Before long, everyone was dancing together under the twinkling stars. It was a joyful sight!
As the night went on, the savanna was filled with laughter and music. Leon realized that it didn’t matter if they were lions or zebras or even a tortoise; everyone can dance and have fun!
From that day on, Leon became known as the Dancing Lion of the savanna. And every month, the animals held a dance party that rang through the night, reminding everyone that sometimes it’s nice to shake things up and let your heart dance, no matter who you are.
And so, Leon proved that dancing was not just for lions but for all friends in the beautiful African savanna.
The end!

It may likely start coming down from here. The next hourly candle will confirm.

Why did you recommend buy up to 1.31. ? Daily EWN 4.....

Can you show or tell me what you are seeing precisely ?

Gud day bro.

... upside fibs are shown on chart below, - they relate to the moves from major swing hi's on 4hr+ from and including 3434 - all to 2973 swing lo - the current wkly/mthly lo. So, the 2nd downside 4hr b/o of last mth's 3001 lo proves false too. Price @ the current dly hi is above Dly R2. Dly R3 is @/around 3081.

4hr below

...another short day

so as you know I went longnob Wednesday after the shitty uk data well it was an order that got processed proper dumb ass moment

...y/day and today so far bullish, but maybe only a sustained upside break of the 3103 current wkly hi will relieve the overall underlying bearishness? 3 fib cluster 3096-3100 leading to it, after two lower down, ie 3072-74, then 3080-84.

No worries man. Its all good. Gotta keep baiting the hook. If you got nothing in the water, you definitely catch 100% nothing. Your gonna loose sometime, totally normal. Keep fishing dude. Enjoy the weekend. Escape these charts!

Ty mister goldi on the plip side

A decent up from the days opening helped by decent UK data. Eating humble pie as I had no view that 131 was on the cards but here we are quite close. Not sure if we will get there today but there is time for a reversal and get back below 13030 too (it’s Friday)

Took short

Took PP at 1. 30 37 [unfortunately...] and have a SL at 1.30 23 now. Let the market show us its intentions . Patience.

another chance bounce may below 3057 , over 49 . next down resume may lover 3066 and 69. initial target should be 3027