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Cable Update (GBPUSD)

  • #859,401
  • May 11, 2025 10:11am May 11, 2025 10:11am
This is all good news. Stock market will go up this coming week, dollar up.
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  • #859,402
  • Edited 1:43pm May 11, 2025 12:04pm | Edited 1:43pm
checking pa , 3326 as pullback tested last , ok bounce target 3344 to 68 just plus limit before down or top failure 3204 still most likely . so last leg up as spike to play down 3326 should be next plays , where 3204 should be an intermediate target and confirmation failure for next target 3124 and 3000 perfect . so 3330 breaks and hold should be the key for correction test all targets !! and most watching level then ! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #859,403
  • May 11, 2025 12:26pm May 11, 2025 12:26pm
Quoting ib1985ib
This is all good news. Stock market will go up this coming week, dollar up. {image} {image} {image} {image} {image}
GU is still bullish on the D1, W1 and MN1. I expect EU, AU and NZ to join Stocks higher, but the dollar will move lower. Why? because correlation has been out of sync for more than 2 weeks, this will come back in line this week.
  • #859,404
  • May 11, 2025 1:05pm May 11, 2025 1:05pm
U.S. Announces China Trade Deal in Geneva – The White House

Good news. Detail on Monday, stocks will rocket up so will the Dollar. Can't wait.
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  • #859,405
  • May 11, 2025 3:21pm May 11, 2025 3:21pm
The GBPUSD price action on the daily time frame is presently sideways at the 1.32970 area. The area is within the 1.32017/1.34007 horizontal channel of consolidation (blue), and we may still see further consolidation before a bearish breakdown of the channel.

I may be wrong. Trade safe and prosper.

KP


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Do your homework, follow the footprints of smart money
  • #859,406
  • May 11, 2025 3:33pm May 11, 2025 3:33pm
EU and GU, half an hour before the Sydney Open...
https://www.netdania.com/currencies/gbp-usd
https://www.netdania.com/currencies/eur-usd
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fooled by randomness in art
Meditation All Time Return: 8.9%
  • #859,407
  • May 11, 2025 4:10pm May 11, 2025 4:10pm
Quoting Moty
{image}
mf !!!!!
I was afraid to stay for the weekend with all the talk about the tariff war, and they opened with a 40 pips Gap Down.
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yes yes yes
  • #859,408
  • May 11, 2025 4:25pm May 11, 2025 4:25pm
Quoting Moty
{quote} mf !!!!! I was afraid to stay for the weekend with all the talk about the tariff war, and they opened with a 40 pips Gap Down. {image}
From the shape of the chart price should go down before going up.
  • #859,409
  • May 11, 2025 4:51pm May 11, 2025 4:51pm
GU and EU H4.
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  • #859,410
  • May 11, 2025 7:31pm May 11, 2025 7:31pm
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Best to wait for price to revisit 3310 upper zone before looking for Short.

It looks more like a Buy inside a range to me atm.
Market Structure is the King.....
  • #859,411
  • May 11, 2025 10:19pm May 11, 2025 10:19pm
Quoting fontu
checking pa , 3326 as pullback tested last , ok bounce target 3344 to 68 just plus limit before down or top failure 3204 still most likely . so last leg up as spike to play down 3326 should be next plays , where 3204 should be an intermediate target and confirmation failure for next target 3124 and 3000 perfect . so 3330 breaks and hold should be the key for correction test all targets !! and most watching level then ! take care {image} {image}
So gap down to up as far as possible .let's see.immefiste bounce 3276 to 3306 possible
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #859,412
  • May 11, 2025 11:18pm May 11, 2025 11:18pm
PA hunting SL
  • #859,413
  • May 11, 2025 11:19pm May 11, 2025 11:19pm
Quoting Traderview
Whoever lost on Friday to bulls, Monday is your day. A possible leg down on Tuesday or Wednesday. I will share the chart and as well as update you as things progress forward.
For bears Price needs to stay below 1.3282. Any PA move above this would be SL hunting. Patience is highly recommneded as well as do not go in with higher lots. PA is in manipulative zone 1.3272 - 1.3317.
  • #859,414
  • May 12, 2025 12:25am May 12, 2025 12:25am
these are my imporant zones today.

at the moment i see no clear trend, often on monday it takes some time to see clear.
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trading is like dancing, don't think and just listen to the music!
  • #859,415
  • May 12, 2025 12:34am May 12, 2025 12:34am
Happy monday 2 every1, My proxies H4,H1 at 3312 and 3284 respectively, are well laid for Bulls that broke the structure at 3250.
BUY LIMIT AT 3237
SL AT 3203
TP AT 3362
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MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #859,416
  • May 12, 2025 1:24am May 12, 2025 1:24am
Quoting birdland
these are my imporant zones today. at the moment i see no clear trend, often on monday it takes some time to see clear. {image}

seems to favor the upside this morning
trading is like dancing, don't think and just listen to the music!
  • #859,417
  • Edited 1:43am May 12, 2025 1:29am | Edited 1:43am
Quoting Abeylyn
{image} Best to wait for price to revisit 3310 upper zone before looking for Short. It looks more like a Buy inside a range to me atm.
From.my perspective, 4 hour trend is still in favour of the Sellers but market sentiment is ranging.

The best probability entry is to look for a signal to Sell at the upper zone 1.3306 - 1.3322.

Footprint of MM is compulsory before Short can be initiated.

Patience is key to avoid unnecessary loss.
Market Structure is the King.....
  • #859,418
  • May 12, 2025 2:03am May 12, 2025 2:03am
It doesn't matter what price does. I'm not buying before 3162 or at least before London takes out that lower set by Asia on Friday at 3211. If it goes up without my entry that's okay but no buys before then.
  • #859,419
  • May 12, 2025 2:15am May 12, 2025 2:15am
GU toward 1.3000/10 EU 1.0990s Enjoy
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #859,420
  • May 12, 2025 2:16am May 12, 2025 2:16am
I don't know why I'm asking because no one actually knows, but anyone know why everyone has a hard-on for the dollar this morning?
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