Cable Update (GBPUSD)

* Current 3444 wkly hi is the current yrly hi.
* 1st upside b/o of last wk's 3234 hi was false, as was 1st upside b/o of last yr's 3434 hi.
* So far today - 2 x false downside b/o's of y/day's lo and 1 x false 1st b/o of both the Asian lo and Asian hi.
* Price remains above last wk's 3233 lo so far.
* Next fib cluster to the downside is 3270-60, (3,) which includes the 23.6% of the main 2709-3444 move. Nothing in terms of downside clusters then till below 3202.
* Price opened the new Month above it's Pivot, which is @/around 3161.

EDIT: added

Direction shifts due to fakeouts
Direction continues due to breakouts

Which one is easier for you to follow ..the fakeout or the breakout ?
Both are valid, but only one gives you comfort, clarity, and confidence ... and that’s what you should master

Before any continuation, there’s often a manipulation

Before any reversal, there must also be manipulation

Why? Because…
Manipulation = Liquidity
Liquidity = Emotion
Emotion = Money

3350 is my current H1 equilibrium and 3338 my current H4 equilibrium so any sell must be above the two. WAITING

...38.2% of current dly lo-hi move catches the fall from current dly hi, so far @ least. Main move of the day so far is bullish.

1hr below

What we know for a FACT is that the monthly is bullish. There's NO argument today on that basis.
The res WON'T hold the month...which is a prediction.

GJ, a fakeout, trading the long fall back to the pivot.

GBP/USD ... Possible Long..

Hammer or better on close

Not too long till the US data, will add a SL at b/e in case the data is green..

You think you are smarter then me ?
Ha , you crooky, early reversed mf ?
You dropped just before hitting my sell limit order , but i took short positions manually, who is laughing now , mf ?

Gu give pain but i dont know this Gj..

Н4 to go UP, gu should stay at some basis ,basis is about 1.32- if it go where,and stays,after it can go 1.34-35. 32200 can be around it.
h1 only my idea,retrace will be or up.retrace h1 can be 33700.

No impact at all from poor US data…

Tempted to short GJ as later in the day we usually see a correction

Hammer time!

Trying short on GU,
13315

on daily point up today.point down was 29 .it means all day or till friday it goes up.only idea

Neither up or down. GBP looking stronger but no reaction to US data at all.

Took profit at just under 133 now back long to see if we can close near the opening area

Yes