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Cable Update (GBPUSD)

  • #860,101
  • May 21, 2025 1:52am May 21, 2025 1:52am
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E. H. --- Quite a difference...Eeeh ...??? Huge divergence . . . .


  • #860,102
  • May 21, 2025 2:18am May 21, 2025 2:18am
GBPUSD UPDATE
Price was rejected @ 1.3469 equating previous month high.
Need to wait for pullback to at least 1.3387 and 1.3403 zone before trading decision.
Market Structure is the King.....
  • #860,103
  • May 21, 2025 2:21am May 21, 2025 2:21am
Quoting Yngwie
Sold 1.3465 SL 1.3475
closed 45p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #860,104
  • May 21, 2025 2:30am May 21, 2025 2:30am
Quoting Yngwie
{quote} closed 45p
sharp and precise calling
Keep the Lights on then you can catch the rise from the dark.
  • #860,105
  • May 21, 2025 2:35am May 21, 2025 2:35am
Quoting Mitiblotch
Long 3366.
Bank at 3429. +63 pips in the bag.
  • #860,106
  • May 21, 2025 2:37am May 21, 2025 2:37am
Quoting Mitiblotch
I still remember that the top at 3442 was set by Asia. One word: untenable!
Indeed untenable. Asian high or lows are targeted to be taken out. Almost ALWAYS!

Quoting Mitiblotch
In my books this isn't a sell yet. All this hiccups simply mean that 3442 might be violently taken out. This is my fallible opinion.
Yass!!!
  • #860,107
  • May 21, 2025 2:37am May 21, 2025 2:37am
Crooky squeezey mf
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yes yes yes
  • #860,108
  • May 21, 2025 2:43am May 21, 2025 2:43am
Quoting Yngwie
CPI y/y GBP news is coming up
I don't know why Forex factory didn't have it
  • #860,109
  • May 21, 2025 2:44am May 21, 2025 2:44am
[quote=Wavegarrick;15251972]
Quoting Wavegarrick
{quote} As anticipated. The breakout on the weekly timeframe is happening as of writing. We have the 20th to month end which should see volatile moves but more importantly a weekly close above 1.33033 ish needed. Immediate target remains 1.35425. Have a great week. Cheers. {image}
Hi Wavegarric, could you please share the indicators you have on your chart here so I can use them too?
  • #860,110
  • May 21, 2025 2:46am May 21, 2025 2:46am
Quoting alvink
{quote} I don't know why Forex factory didn't have it
It did.
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  • #860,111
  • May 21, 2025 2:48am May 21, 2025 2:48am
Quoting Yngwie
{quote} closed 45p
Sold again 1.3436
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #860,112
  • May 21, 2025 2:50am May 21, 2025 2:50am
Quoting Mitiblotch
{quote} It did. {image}
i guess maybe it had shown another day
  • #860,113
  • May 21, 2025 3:01am May 21, 2025 3:01am
Quoting Abeylyn
GBPUSD UPDATE Price was rejected @ 1.3469 equating previous month high. Need to wait for pullback to at least 1.3387 and 1.3403 zone before trading decision.
Also scalping against the trend for just 42 pips. Short @ 1.3435
Attached Image (click to enlarge)
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1st Primary intention is to look for a Buy
Market Structure is the King.....
  • #860,114
  • May 21, 2025 3:25am May 21, 2025 3:25am
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yes yes yes
  • #860,115
  • May 21, 2025 3:46am May 21, 2025 3:46am
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yes yes yes
  • #860,116
  • May 21, 2025 3:52am May 21, 2025 3:52am
Hope everyone is looking forward to revisiting the holy 1.33 because it doesn't look like we're reacting to 1.34
  • #860,117
  • May 21, 2025 4:02am May 21, 2025 4:02am
Quoting Yngwie
{quote} Sold again 1.3436 {image}
Closed 45p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #860,118
  • May 21, 2025 4:06am May 21, 2025 4:06am
Long 1.3400 SL 1.3380
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #860,119
  • May 21, 2025 4:18am May 21, 2025 4:18am
Quoting Abeylyn
{quote} Also scalping against the trend for just 42 pips. Short @ 1.3435 {image} 1st Primary intention is to look for a Buy
Take Profit hit @ 1.3395.

Can buyers takeover from here..... yesterday high where price broke out to the upside ?

I need to watch.
Market Structure is the King.....
  • #860,120
  • May 21, 2025 4:21am May 21, 2025 4:21am
Are you saying to sell and hold until that zone
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