Cable Update (GBPUSD)

Bitcoin broke all time highs recently, now retracing.

IF Gold falls after closing the gap, it will pull risk assets down with it.

Short UJ at 144.. open TP

oh baby , don't be so mean

Dxy extended divergence on 1h and below, 4h slightly turning, could be enough for usd bull, this gbp is in fresh highs with a strong daily divergence forming if a solid d1 bearish candle forms it could drive this down, depends if dxy closes solid d1 bull, if d1 bear the low could be tested and could drive the majors to reach for retests of or fresh highs and lows, dxys rsi daily strength on the low is quite low to where it is, if bottom broken and divergence still in play and/or a solid or sharp move/candle or formation is formed or at lows or in this zone, this retest or fresh high/low on the majors could be a good play in the future for reversal or this continuation possible

Look how i trade using the levels. For each level i place 1 trade with 0,01 lot, close with smal profit and replace the order.

Scalping GU for 26 pips.

Just bought GU @ 1.3420 Stoploss 1.3390 TP 1.3446.

consolidation highly likely.

nice level to short.

yen is strong based on PA for 1 hr. i will look for short set ups for uj, ej and gj.

What to buy at 1.3405 but my MT4 have a problem with my broker until now. really sucks. 4H strong support from MA10

Same as before ranging up for target over 3522 .take care
Looks gbpusd pair to signal and confirm for bull for eurusd and gold too as both overhead strong resistance. So care here too !!
So checking probable sl level , below 33887 may safe here for 3500 test , ,exact levels should not hit ! Stay safe
And exact level buy can be 3408 while test 3400 !

Yes, expecting a breakout either to the downside or upside after consolidation....

a multi year high, so bulls have good arguments for higher prices.

TP at 14335