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Cable Update (GBPUSD)

  • #845,641
  • Edited 2:20am Nov 19, 2024 1:51am | Edited 2:20am
Quoting BeeTogether
{quote} Just got back from the school run, in that time GU is down by 20 pips, GJ is down by 60 odd pips but gold for some reason is going up even with DXY at 106 ..
I close all at previous low and watching , likely test lows eurusd and gbpusd .

Dxy should test 207.74; not check where now

Gbpusd breaks up 2639 and will wait for next leg down to low and may more
Breakout down may at 2630
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #845,642
  • Nov 19, 2024 1:51am Nov 19, 2024 1:51am
Quoting Fredrick7
It seems Ukraine has started to use the Atacms in Russia.

Any heavy cruise missile The Ukraine uses that can be fitted with a nuclear warhead will be regarded by the Russians as one that is fitted with a Nuclear Warhead.
They are not guided by The Ukrainians but by US and Euro/British satellites therefore will be considered an attack by NATO on Russia.
This is a very deadly game being played out and if the nukes start flying it's all over for the Human race.

One heavy cruise missile fitted with a thermo nuclear device will destroy the entire city of Moscow and some
Don't Leave Money on the Table
  • #845,643
  • Nov 19, 2024 1:56am Nov 19, 2024 1:56am
Yes, hence the big drop in risk-on currencies.
  • #845,644
  • Nov 19, 2024 1:59am Nov 19, 2024 1:59am
Quoting HaLBot
{quote} Any heavy cruise missile The Ukraine uses that can be fitted with a nuclear warhead will be regarded by the Russians as one that is fitted with a Nuclear Warhead. They are not guided by The Ukrainians but by US and Euro/British satellites therefore will be considered an attack by NATO on Russia. This is a very deadly game being played out and if the nukes start flying it's all over for the Human race. One heavy cruise missile fitted with a thermo nuclear device will destroy the entire city of Moscow and some
I think they only have a range of 190 miles, maybe this means they're not nuclear? I've no idea but surely means things can't get better any time soon ...
Don't you know that I'm loco ...
  • #845,645
  • Nov 19, 2024 2:00am Nov 19, 2024 2:00am
Quoting Fredrick7
Yes, hence the big drop in risk-on currencies.

Yes your right about the cruise missiles

https://www.forexlive.com/news/stock...kets-20241119/
Don't Leave Money on the Table
  • #845,646
  • Nov 19, 2024 2:03am Nov 19, 2024 2:03am
Quoting BeeTogether
{quote} Just got back from the school run, in that time GU is down by 20 pips, GJ is down by 60 odd pips but gold for some reason is going up even with DXY at 106 ..
Market is panicking bec the US indices are warming up for a falling knife routine (it seems). The bright shiny stuff is always a lure in times of uncertainty. The election party may be over. The morning after hangover may be about to make its presence felt.
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  • #845,647
  • Nov 19, 2024 2:05am Nov 19, 2024 2:05am
Quoting Jackoboms
Are the bears eyeing 1.25?
Impossible to say for now. We need a pullback to the centre after which Buyers or Sellers can have it ....
Market Structure is the King.....
  • #845,648
  • Nov 19, 2024 2:05am Nov 19, 2024 2:05am
Quoting Jade Gate
{quote} Market is panicking bec the US indices are warming up for a falling knife routine (it seems). The bright shiny stuff is always a lure in times of uncertainty. The election party may be over. The morning after hangover may be about to make its presence felt.
definitely looks like it.. and if the cruise missile news is for real them gold will hit a new high too
Insane in the Brain..
  • #845,649
  • Nov 19, 2024 2:06am Nov 19, 2024 2:06am
Quoting HaLBot
{quote} Yes your right about the cruise missiles https://www.forexlive.com/news/stock...kets-20241119/
This says RBC-Ukraine news have confirmed Ukraine have fired the actcam at Russia, but the RBC news site has no mention of it ...

https://newsukraine.rbc.ua/war-in-ukraine
Don't you know that I'm loco ...
  • #845,650
  • Nov 19, 2024 2:08am Nov 19, 2024 2:08am
Quoting Jade Gate
{quote} Market is panicking bec the US indices are warming up for a falling knife routine (it seems). The bright shiny stuff is always a lure in times of uncertainty. The election party may be over. The morning after hangover may be about to make its presence felt. {image}
Nice 1.
Market Structure is the King.....
  • #845,651
  • Nov 19, 2024 2:14am Nov 19, 2024 2:14am
Nice response so far to reaching the low @ 126125. If price trades above the 126415 mark and comes back to retest it, I'll look long to 12660 area
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Don't you know that I'm loco ...
  • #845,652
  • Nov 19, 2024 2:17am Nov 19, 2024 2:17am
Quoting Jackoboms
Are the bears eyeing 1.25?
no
the bulls eyeyng 1.27
squeezy crooky drop
you shell not drop below 1.26
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yes yes yes
  • #845,653
  • Nov 19, 2024 2:22am Nov 19, 2024 2:22am
Quoting RedAllOver
{quote} Where'd you hear that?
It often pays to read the news reports on ff.
  • #845,654
  • Nov 19, 2024 2:25am Nov 19, 2024 2:25am
Quoting Fredrick7
{quote} It often pays to read the news reports on ff.
Only if you can validate the source amigo, they are often inaccurate
Don't you know that I'm loco ...
  • #845,655
  • Nov 19, 2024 2:31am Nov 19, 2024 2:31am
Quoting Moty
{quote} no the bulls eyeyng 1.27 squeezy crooky drop you shell not drop below 1.26 {image}
Friend,

Nobody knows whatever.. I think the centre determines who will have it. Bull or Bear.
Market Structure is the King.....
  • #845,656
  • Nov 19, 2024 2:31am Nov 19, 2024 2:31am
Quoting RedAllOver
Nice response so far to reaching the low @ 126125. If price trades above the 126415 mark and comes back to retest it, I'll look long to 12660 area {image}
Long
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Don't you know that I'm loco ...
  • #845,657
  • Nov 19, 2024 2:32am Nov 19, 2024 2:32am
Quoting RedAllOver
{quote} Only if you can validate the source amigo, they are often inaccurate
Yes, that's why I said often.
  • #845,658
  • Nov 19, 2024 2:34am Nov 19, 2024 2:34am
Quoting Fredrick7
{quote} Yes, that's why I said often.
And don't forget, even fake news can move the markets.
  • #845,659
  • Nov 19, 2024 2:36am Nov 19, 2024 2:36am
Quoting Abeylyn
{quote} Friend, Nobody knows whatever.. I think the centre determines who will have it. Bull or Bear.
i know
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yes yes yes
  • #845,660
  • Nov 19, 2024 2:44am Nov 19, 2024 2:44am
Quoting azhantahir
{quote} SWINGER ONBOARD FOR GU and EU {image} {image}
DXY H1 reaction. Let's go US Index, reversal times. Times to swing high for GBPUSD and EURUSD IMO
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Look right, we'll see the signs
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