Cable Update (GBPUSD)

Nice start to the day awaiting more set-ups

I never knew tariffs worked!

I think we have definitely re-entered the "Just sell the dollar"

EDIT: F-ing parabolic

Closing here for the day, slow, but in the green.

This is nice and sustainable.

Stay where the money goes simple

Sweet. Where do I sign up for that newsletter?

There you go. You had you 11% fib retracement, now get back to buying.

11% fib retracement from which timeframe?

I believe the pair is currently in a recovery phase, showing strong bullish momentum after bouncing off the 1.3300 area. The recent candle broke through short-term resistance, and this breakout could gain momentum if buyers continue stepping in.

Looking at the broader price action, GBP/USD has been in a consolidation range after peaking near 1.3450, and the current move looks like an attempt to re-test that zone. If the price manages to hold above 1.3360, we could see a push toward 1.3400–1.3450, which would be a key resistance level to watch.

The RSI is currently around 59.77, which suggests there’s still room for more upside before the pair becomes overbought. The RSI crossing above its moving average also confirms a potential bullish continuation.

However, if we see rejection near 1.3370–1.3400, it might indicate that the range is still in play, and the price could drop back toward the 1.3300–1.3280 support zone.
In short, I see this as a bullish setup in the short term, but I’ll be watching how price behaves near the upper resistance zone to decide whether it’s a true breakout or just another range-bound move.

Still riding the remaining Buy trade as price breakout of 1.333x with over 70 pips profit.

insightful!!!! lol

Can we go for 12 consecutive 15 minute candles?

Yes we can.

Yes we did. On to the 13th.

But we know the correction is coming, maybe at the NYSE open.

UJ gave me some decent money today, I re-entered short at 143.300 for another 70p

I wouldn't pin any hopes on that. That's what burnt a lot of people when the dollar tanked a month ago.

The H4 chart had a breakout, bringing 1.34555 into play.

while I was ..... BULL heat vaporized my SL at 3358, meanwhile I'm monitoring HI equilibrium 3321 currently below H4 at 3345,