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Cable Update (GBPUSD)

this is in a free fall now. 1.15 is open.. whether this month or this quarter but it will be touched
Quoting giveachance
this is in a free fall now. 1.15 is open.. whether this month or this quarter but it will be touched
I think so too 👍
Compulsions can be hard to resist
Quoting Zebi
i was on holiday so i didnt post much but I'm still holding my longs ill update in the morning cause watching football playoffs right now
dude…? This pair is collapsing, with 1.22 support soon to become resistance.
got to go, all the best.
Compulsions can be hard to resist
i just want to say one thing before I go to bed and sober up LOL


the jobs data was an illusion since it involved Christmas hiring....most of those people will be laid off in a couple weeks after all the refunds get handed back for the crap that was bought unless people people have already been laid off

so that's why I kept my GU longs
short trump and go long the deepstate
  • #850,485
  • Quote
  • Edited Jan 13, 2025 12:00am Jan 12, 2025 11:43pm | Edited Jan 13, 2025 12:00am
Quoting GEfx
{quote} I just finished some chart work and have a possible target at 1.2157, which is where I will move my stops to BE upon hitting that price level. Major target remains at 1.2120-15.
I'm short again at 1.2187, and 1.2157. I have a TP at 1.2120. If the GBP can't find a place to retrace soon, something is very wrong here, but that's ok because I'm short. I'm done for the night.
Edit: stop set at 1 2147.
Quoting Zebi
i just want to say one thing before I go to bed and sober up LOL the jobs data was an illusion since it involved Christmas hiring....most of those people will be laid off in a couple weeks after all the refunds get handed back for the crap that was bought unless people people have already been laid off so that's why I kept my GU longs
no NFP has nothing to do with this selloff. it is in free fall ever since 1.22 is broken and I agree with one poster. that is resistance now. not to say we might get a dead cat bounce. but to say it will touch 1.28 or 1.30 is mere dillusion
Long 1.2130
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
Quoting ThaoAnh
My view {image}
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Quoting Georginson
GBPUSD UPDATE Yearly Opened at 1.2512 ✓Very possible areas price will touch this year are 1.2712 and 1.2312 ✓No single Quarter of year 2024 produced 1000+ pips, so expect one or two quarters of this year to produce 1000+ pips. ✓Expected range for this January is 450 - 650 pips... 225 pips done so far, which means 1.27 or 1.20 will likely be seen this January. Be patient, let price come to you.
450 pips range attained this January... 70% of selling already seen. Risk Reward now favours buying.

Constant price that must be seen this year is 1.2712.
  • #850,490
  • Quote
  • Edited 1:31am Jan 13, 2025 12:51am | Edited 1:31am
so tanking without delay with market open . watching 2166+- bounce to back further down ! take care

waiting 2155 _ or 2150 minus to start next trade as scalping long closed
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Quoting Georginson
GBPUSD UPDATE Yearly Opened at 1.2512 ✓Very possible areas price will touch this year are 1.2712 and 1.2312 ✓No single Quarter of year 2024 produced 1000+ pips, so expect one or two quarters of this year to produce 1000+ pips. ✓Expected range for this January is 450 - 650 pips... 225 pips done so far, which means 1.27 or 1.20 will likely be seen this January. Be patient, let price come to you.
well that's pretty logic you can see a massive support at the zone 1.21 -1.20
I would say this month should close at this zone and next end of the month we should see an inside bar. So first Quarter we should see turnover or a massive fall down.
Depending on UK Gov. And Rachel Reeves..
Always follow your own shit
Quoting jjoohhnnyy13
{quote} well that's pretty logic you can see a massive support at the zone 1.21 -1.20 I would say this month should close at this zone and next end of the month we should see an inside bar. So first Quarter we should see turnover or a massive fall down. Depending on UK Gov. And Rachel Reeves..
Year 2017 move may repeat itself this year, though subject to UK Gov. If price is to close around 1.20 - 1.21 zone, at least a mini bounce to 1.2350/70 area is a real possibility... Another scenario may be a support here at 1.20 - 1.21 zone and a big jump to 1.27 area.

Since the expected range for this January is 450 - 650 pips, so far 450 pips range is already attained (1.2575 - 1.2125).

Bulls first target should be 1.2350-70, second target is 1.2712... fingers crossed.
Quoting Moty
{quote} again , too easy i am in love of catching reversal i deserve to lose {image}
again i am at the wrong side
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yes yes yes
come on mister monthly range low
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yes yes yes
Quoting giveachance
{quote} no NFP has nothing to do with this selloff. it is in free fall ever since 1.22 is broken and I agree with one poster. that is resistance now. not to say we might get a dead cat bounce. but to say it will touch 1.28 or 1.30 is mere dillusion
Sir this is just January. GU can yet hit 1.28. In fact, it will hit it at some point. Someone is definitely buying these dumps. The people dumping it are also probably getting buys in.

Quoting teprewitt23
{image} options expiry 1-13-25 New York Cut 1.2bn GBP/USD @ 1.2375 will be interesting to see if they get defended good luck in the London session. Check out the EUR/USD options totaling 13.9 bn between 1.0200 and 1.0310 things that make you go hum....... last trading day for GBP January futures contracts, when the sentiment flips from short to long, expect a parabolic move. {image}
The entire dump will be retraced. If they are selling this much in January then it is almost certain the rest of the year will be up, retrace, up, retrace. This doesn't suggest buying blindly, but it means that one can wait until a solid bases is formed through ranging and multiple rejections.
I just noticed that I had an old pending buy at 2174 which got triggered. Oh dear!!!
Quoting Mitiblotch
{quote} Sir this is just January. GU can yet hit 1.28. In fact, it will hit it at some point. Someone is definitely buying these dumps. The people dumping it are also probably getting buys in. {quote} The entire dump will be retraced. If they are selling this much in January then it is almost certain the rest of the year will be up, retrace, up, retrace. This doesn't suggest buying blindly, but it means that one can wait until a solid bases is formed through ranging and multiple rejections.
You are a very experienced trader. Most times early year dump is usually met with aggressive buying in the mid to late part of the year. As a matter of fact, this January may still see 1.27.
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The idea to hold my shorts during the weekend was not a bad one... However I lower my SL as shown.....

Quoting Zebi
i just want to say one thing before I go to bed and sober up LOL the jobs data was an illusion since it involved Christmas hiring....most of those people will be laid off in a couple weeks after all the refunds get handed back for the crap that was bought unless people people have already been laid off so that's why I kept my GU longs
Mate, surely you must be getting a little nervous with all these bullish numbers being thrown around the room.
Compulsions can be hard to resist
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yes yes yes
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