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Cable Update (GBPUSD)

  • #860,401
  • Edited May 26, 2025 12:49am May 25, 2025 11:20pm | Edited May 26, 2025 12:49am
strong resistance 3592 hit , while next bull target 3638 , next 3751 and limit down is 3468 , anyway range up likely in play til a top failure next . take care
checking usdx , getting to pullback after failure bounce so far but ok as needed 98.66 breaks down perhaps , so done it and likely bounce any day .
so gbpusd bull may not that smooth
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #860,402
  • May 25, 2025 11:34pm May 25, 2025 11:34pm
Quoting Abeylyn
{quote} Discount of 10 pips in favour of Sellers. Goodluck bro.
Hopefully 1.3600 can resist
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #860,403
  • May 25, 2025 11:41pm May 25, 2025 11:41pm
Can you guide on some basic analysis
  • #860,404
  • May 26, 2025 12:34am May 26, 2025 12:34am
GBP/USD is expected to rise 40 pips or 50 pips due to price being overbought among all timeframes and there was a trendline breakage on the 4 hourly charts. Market makers are expected to keep pushing GBP/USD upwards continuously.
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  • #860,405
  • May 26, 2025 12:49am May 26, 2025 12:49am
[quote=Wavegarrick;15231653]
Quoting Wavegarrick
{quote} GU buy trade opened at 1.34159 target 1.35425. Cheers. {image}
Above trade closed for 156 pips profit with target reached. All other trades locked at breakeven and some and price must do what it has to.
Have a great week.
Cheers.
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Trade to trade another day
  • #860,406
  • May 26, 2025 1:54am May 26, 2025 1:54am
[quote=Wavegarrick;15256405]
Quoting Rafa745
{quote} Look in my file attachments. You'll find everything there. Cheers.
ok dear thanks
  • #860,407
  • May 26, 2025 1:59am May 26, 2025 1:59am
Be careful of those who only post when in profit, they are only here for the own egos...
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  • #860,408
  • May 26, 2025 2:01am May 26, 2025 2:01am
Quoting Yngwie
{quote} touchdown. now sold 1.3590
Closed 20p. Next target maybe 1.3640
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #860,409
  • May 26, 2025 2:03am May 26, 2025 2:03am
[quote=Wavegarrick;15256919]
Quoting Wavegarrick
{quote} Above trade closed for 156 pips profit with target reached. All other trades locked at breakeven and some and price must do what it has to. Have a great week. Cheers. {image}
I like your trading.
you make good use of pivots?
Leave Israel alone and Palestine will be free
  • #860,410
  • May 26, 2025 2:07am May 26, 2025 2:07am
Quoting Yngwie
{quote} Closed 20p. Next target maybe 1.3640
Sellers Frenzy missed out on 1.359ish target should be 1.3460 on crossing of 1.3577
Keep the Lights on then you can catch the rise from the dark.
  • #860,411
  • May 26, 2025 2:19am May 26, 2025 2:19am
[quote=Forgediron;15256972]
Quoting Wavegarrick
{quote} I like your trading. you make good use of pivots?
Your right, Leon has made good use of pivots......this time....
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  • #860,412
  • May 26, 2025 2:20am May 26, 2025 2:20am
It should be going down to 1.3540
  • #860,413
  • May 26, 2025 2:21am May 26, 2025 2:21am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #860,414
  • May 26, 2025 2:28am May 26, 2025 2:28am
USDCAD_H4, an EW extended Wave 5. Sorry GU bulls, the run is over.
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  • #860,415
  • May 26, 2025 2:58am May 26, 2025 2:58am
Is the USD/JPY in an uptrend? Should I leave my long position at BE?
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  • #860,416
  • May 26, 2025 3:02am May 26, 2025 3:02am
Quoting sakimer
Is the USD/JPY in an uptrend? Should I leave my long position at BE? {image}
Only you can answer that...
  • #860,417
  • May 26, 2025 3:04am May 26, 2025 3:04am
Quoting sakimer
Is the USD/JPY in an uptrend? Should I leave my long position at BE? {image}
I'm long > 143.800
  • #860,418
  • May 26, 2025 3:17am May 26, 2025 3:17am
The USD/JPY has shown signs of weakening due to its short-term rise being too strong. Long positions will be closed for now and await another opportunity to rise.
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  • #860,419
  • May 26, 2025 4:19am May 26, 2025 4:19am
Quoting Yngwie
{quote} Closed 20p. Next target maybe 1.3640
Not yet time for GU Buyers. It should go a little more down... At least 1.3545/50 zone.
Market Structure is the King.....
  • #860,420
  • May 26, 2025 4:32am May 26, 2025 4:32am
[quote=Wavegarrick;15256919]
Quoting Wavegarrick
{quote} Above trade closed for 156 pips profit with target reached. All other trades locked at breakeven and some and price must do what it has to. Have a great week. Cheers. {image}
I suggest you to close all byus and to open sell. What do you think, Leon?
I mean daily chart.
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