Cable Update (GBPUSD)

maybe now, M5?

M1 just to make it stressful: )
)

.... and just as well

G/M. Y/day's dly candle was bullish-bodied but it's hi touched bottom of the dly part of the prev 1hr/4hr/dly sw hi zone = prev res = pot res that extends up to 2575 current mthly/yrly hi, where it met sellers. A further upside move after the downside p/back from y/day's hi was again met by sellers in Asia, and early London just sipped below the Asian lo before meeting buyers in the prev 1hr/4hr sw lo zone = pot supp that runs down to y/day's lo.

4hr @ least remains in a general uptrend as of now, but intraday so far is bearish.

1hr below

Waiting game. This thing should touch the previous equal top at 2475 and then keep going up from there. But I dont have the confidence to sell it because the SL will be too large.

Not hopefully as still eurusd not ready ! But still watching if can able bounce gbpusd as always not follow eurusd rather spikes up down before follow ! That unreliable move nay do after 1st confirmation at 2425 tests . 2449 may bounce signal next !


2453 successfully broken and wait for next level up, 2466 and eurusd 0457

...on 4hr there are clusters of potential supp factors to the downside, as well as pot supp and pot rbs zones.

4hr with 10/20/40 ema crosses graphic below

Viva la politica.. Starmer will get some profit from that reaction...

im up early cause i smell blood in the water and I want to get in on the feeding frenzy

yesterday a close in or above that shaded area in my chart in my quote was bullish...if you zoomed out to the daily it closed hier than the previous day and everything was copacetic till our stable genius in Washington decided to talk out of his ass again about tariffs and caused that big kneejerk drop after NY close LOL

i feel foolish saying this since I'm sure everyone knows that news related movements invariably get retraced 90+ percent of the time so i just added a long at 2450 cause i have faith that doing opposite of what donald says will make me rich LOL

that's what bein a contrarian does...uses opportunities like what happened after the close with his remarks and just ride the reversal/retrace back to the original price when he opened his mouth

good luck gentlemen and may god protect us cause we need it

...above y/day's 2523/24 hi there are 4 x clusters of pot res factors, as well of course as the pot res and pot sbr zones shown on charts.

Bulls are trying off that prev 1hr/4hr sw lo zone = prev supp = pot supp that extends down to y/day's 2425 lo, - just about an equal lo there right now.

Potential res factors above y/day's hi below

Yen pairs spiked up and then dropped! GJ tested 194 and then dropped by 50 odd pips and UJ 15580 and then drop by 50 too. Gotta love a rollercoaster

...you can see on chart below how price @ y/day's 2523/24 hi just touched bottom of the dly part of that prev 1hr/4hr/dly sw hi zone = prev res = pot res that extends up to 2575, the current mthly/yrly hi. Top of this and coexistent with and a 1st test of is the prev 4hr/minor dly/minor wkly sw hi zone = prev res = pot res that extends up to 2607. So we could see more supply emerge anywhere in those zones if tested.

dly below

...bulls currently struggling to get any upside follow-thru on last 1hr and 4hr bullish candle closes.

EDIT: corrected typo.

4hr/1hr below

Don't be forced into trading today. There is FOMC tomorrow and ECB on Thursday, with both events capable of producing hundreds of tasty pips. I'll probably wait until tomorrow except something nice happens with price today.

I'm not sure the bulls are finished