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Cable Update (GBPUSD)

  • #860,321
  • May 23, 2025 4:46am May 23, 2025 4:46am
Yen pairs tanking but can’t see any news or data. Will look to re enter long when the knife slows down
Insane in the Brain..
  • #860,322
  • May 23, 2025 4:49am May 23, 2025 4:49am
come on
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yes yes yes
  • #860,323
  • May 23, 2025 4:50am May 23, 2025 4:50am
Quoting BeeTogether
Yen pairs tanking but can’t see any news or data. Will look to re enter long when the knife slows down
Probably our boy again.

Trump threatens tariffs on Apple if products not made in US,
Trump recommends a 50% tariff on EU starting on June 1, Cites lack of progress
  • #860,324
  • May 23, 2025 5:01am May 23, 2025 5:01am
Trump?
  • #860,325
  • May 23, 2025 5:06am May 23, 2025 5:06am
Quoting Guy1969
{quote} Probably our boy again. Trump threatens tariffs on Apple if products not made in US, Trump recommends a 50% tariff on EU starting on June 1, Cites lack of progress
it is not fun anymore
  • #860,326
  • May 23, 2025 5:09am May 23, 2025 5:09am
come on mister goldi
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yes yes yes
  • #860,327
  • May 23, 2025 5:30am May 23, 2025 5:30am
Quoting Yngwie
{quote} add 1.3500
closed 15p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #860,328
  • May 23, 2025 5:31am May 23, 2025 5:31am
Time for sellers to get screwed again?

1.35 the new floor?
  • #860,329
  • May 23, 2025 5:41am May 23, 2025 5:41am
Quoting MrFanciful
Time for sellers to get screwed again? 1.35 the new floor?
funny, I see sell off coming
I only follow traders with IQ above 160
Full leverage Bot All Time Return: 6,310.3%
  • #860,330
  • May 23, 2025 5:43am May 23, 2025 5:43am
This is too funny
  • #860,331
  • May 23, 2025 5:53am May 23, 2025 5:53am
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yes yes yes
  • #860,332
  • Edited 6:20am May 23, 2025 6:00am | Edited 6:20am
GBP/USD UPDATE 23/05/25

Three key levels identified from previous swing are 1.3520, 1.3550 and 1.3580... 1.618, 2.000 and 2.382 of last swing.

If price can breakout of 1.3520 zone, pullback to a Swing should be expected from 1.3550/80 zone. Sellers are to come in to move price to a Swing. This zone is inevitable. There must be pullback from here....

It's not magical or a vision but moves predetermined using Fibonacci tools.

New swing must be created before buyers can push up again.

The selloff may likely happen in the next 1 hours. 15:00 GMT

Goodluck and happy trading.
Market Structure is the King.....
  • #860,333
  • May 23, 2025 6:10am May 23, 2025 6:10am
Close or leave it a bit more??
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  • #860,334
  • May 23, 2025 6:14am May 23, 2025 6:14am
We know the dollar will be back over month end, using the current H1 range, I'm looking at a AB=CD. I marked 1.33700 earlier this week as my H4 Pivot. I'll now wait on PA to guide me.
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  • #860,335
  • May 23, 2025 6:20am May 23, 2025 6:20am
Quoting Mitiblotch
Close or leave it a bit more?? {image}
who knows...
0.2 lots in not so big position
  • #860,336
  • May 23, 2025 6:23am May 23, 2025 6:23am
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Anyone having fun yet?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #860,337
  • May 23, 2025 6:31am May 23, 2025 6:31am
come on bears
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yes yes yes
  • #860,338
  • May 23, 2025 6:35am May 23, 2025 6:35am
Quoting TooSlow
{image} Anyone having fun yet?
not really
  • #860,339
  • May 23, 2025 6:35am May 23, 2025 6:35am
Here's the AB=CD inside my H4 channel. Have a great weekend all.
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  • #860,340
  • May 23, 2025 6:37am May 23, 2025 6:37am
Quoting Abeylyn
{quote} Take Profit hit. Adjusted to break even on remaining trade to attempt a breakout of high.
Remaining 25% trade closed @ 1.3500.

A nice juice.

Happy weekend all.
Market Structure is the King.....
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