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Cable Update (GBPUSD)

  • #851,761
  • Jan 26, 2025 9:18pm Jan 26, 2025 9:18pm
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  • #851,762
  • Edited Jan 27, 2025 2:39am Jan 26, 2025 9:48pm | Edited Jan 27, 2025 2:39am
Quoting fontu
{quote} Daily looks start an impulse but lower tf not , corrective in nature still but 2448 limit to o decide about. Likey breaks next days for 2400 pullback to next target up as last leg up! Let's see {image} {image}
So limit top failure signal 2448 broken, top range still present till first confirmation at 2400 at least for now
While no top failure signal in eurusd yet top bounce intact! While usdx should test breaks 106.40 and 105.40 as seen before before good bounce!
Gbpusd likely bounce intact for 2576 target still !

update : same as before . computer chart also
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #851,763
  • Jan 26, 2025 10:52pm Jan 26, 2025 10:52pm
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  • #851,764
  • Jan 27, 2025 12:10am Jan 27, 2025 12:10am
GBP/USD is trending heavily upwards and according to the trend meter, it's correct followed by the double bottom of this pattern confirms further upwards movement. This is a nice buy scalp for 30 pips. 1.24747 is my take profit level.
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  • #851,765
  • Jan 27, 2025 12:16am Jan 27, 2025 12:16am
In short 1.2457

tp- 1.2398
sl- none for now
  • #851,766
  • Jan 27, 2025 1:20am Jan 27, 2025 1:20am
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yes yes yes
  • #851,767
  • Jan 27, 2025 2:23am Jan 27, 2025 2:23am
Yep ... little M5 opportunity?
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  • #851,768
  • Jan 27, 2025 2:23am Jan 27, 2025 2:23am
Quoting birdland
probabilities that it will breakout today and reach the blue zone? {image}
step by step
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trading is like dancing, don't think and just listen to the music!
  • #851,769
  • Jan 27, 2025 2:49am Jan 27, 2025 2:49am
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yes yes yes
  • #851,770
  • Jan 27, 2025 2:56am Jan 27, 2025 2:56am
All is very simple.H4-trend long,H1 trend long.Reverse of H4 trend it takes one day.No short here.
  • #851,771
  • Jan 27, 2025 3:05am Jan 27, 2025 3:05am
Morning all! GJ looks like it’s giving back all its gains from Friday whereas GU be ready to try 125 again.
Insane in the Brain..
  • #851,772
  • Jan 27, 2025 3:12am Jan 27, 2025 3:12am
Quoting BeeTogether
Morning all! GJ looks like it’s giving back all its gains from Friday whereas GU be ready to try 125 again.
1.2630 is the target this week as far as it trades above 1.2400.
Data + Stat + Risk/Emotions Management
  • #851,773
  • Jan 27, 2025 3:16am Jan 27, 2025 3:16am
Quoting Georginson
{quote} 1.2630 is the target this week as far as it trades above 1.2400.
From a resistance perspective the psychological areas of 125 and then 12530 should be the areas today that we could see. This gives a pathway for a higher move. Not much in data today either that could derail it
Insane in the Brain..
  • #851,774
  • Jan 27, 2025 3:26am Jan 27, 2025 3:26am
G/M, looks like a genuine gap down @ the new week's open, (not just broker spread widening,) and an early false 1st downside b/o of Asian lo to the current dly lo (@ a 4 fib cluster) which was maybe some liquidity/stop hunting by early London traders under that lo, re the subsequent run-up to Asian hi/current dly hi @ base of that gap, where sellers have been encountered.

1hr below
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Trader with an Edge.
  • #851,775
  • Jan 27, 2025 3:27am Jan 27, 2025 3:27am
Quoting ThaoAnh
{quote} {image}
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  • #851,776
  • Jan 27, 2025 3:34am Jan 27, 2025 3:34am
...other than the prev 30min (+) sw hi's = pot res, and prev 30min (+) prev sw lo's = pot sbr above last wk's 2502 hi, the following secondary and tertiary potential res factors exist.

pot res factors per graphic below
Attached Image
Trader with an Edge.
  • #851,777
  • Jan 27, 2025 3:47am Jan 27, 2025 3:47am
So though risky still waiting bounce target !
Gbpusd over 2477 / 87 and eurusd 0498
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #851,778
  • Jan 27, 2025 3:49am Jan 27, 2025 3:49am
Quoting BeeTogether
{quote} From a resistance perspective the psychological areas of 125 and then 12530 should be the areas today that we could see. This gives a pathway for a higher move. Not much in data today either that could derail it
or bounce from 1.253 to the 1.237- zone
Always follow your own shit
  • #851,779
  • Jan 27, 2025 3:51am Jan 27, 2025 3:51am
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yes yes yes
  • #851,780
  • Jan 27, 2025 4:03am Jan 27, 2025 4:03am
Powerful breakout. Stop below the level
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