Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#860,441
May 26, 2025 1:42pm May 26, 2025 1:42pm

Abeylyn
Joined Dec 2020 | Status: Trader | 1,673 Posts

Quoting Guy1969

Disliked

{quote} The current base building on the M15 chart is bearish, the candle formation confirms that. The break will be short, not long.

Ignored

The Short may likely come at the touch of the current day high and that should accommodate like 20 pips.

Infact, price may decide to form a triangle or even rectangle before final break to the downside. Nobody in the world knows what it will do but the next in line is a move to touch current high .....which gives a Buy..

Anyway, let's watch Asian Session and London open will give clarify..

Market Structure is the King.....

#860,442
May 26, 2025 7:39pm May 26, 2025 7:39pm

firsttimer
| Joined Oct 2011 | Status: Trader | 622 Posts

eu - 2 ranging likely to happen. 3 might happen.

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#860,443
May 26, 2025 7:43pm May 26, 2025 7:43pm

firsttimer
| Joined Oct 2011 | Status: Trader | 622 Posts

gu - may go for 1.36 first.

follow by pullback to 1.35 area.

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#860,444
May 26, 2025 11:48pm May 26, 2025 11:48pm

MoneyPrinte
Joined Jan 2025 | Status: Trader | 1,661 Posts

theres a buying pressure present during the drop but its still not yet in undervalued moment..lets see later

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https://x.com/moneyprinte

#860,445
May 27, 2025 12:13am May 27, 2025 12:13am

preetcoc25
| Joined May 2025 | Status: Trader | 20 Posts

this trade is progressing as i planned it

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#860,446
Edited 1:05am May 27, 2025 12:28am | Edited 1:05am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

Looks 3656/52/40 as seen to care already broken so next support goes to 3500 while overall support now bull at 3472.watching

now limit down for up 3532

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Not understand?better not follow my analyses!doubt clearer first, risks ++

#860,447
May 27, 2025 1:06am May 27, 2025 1:06am

MoneyPrinte
Joined Jan 2025 | Status: Trader | 1,661 Posts

Quoting MoneyPrinte

Disliked

theres a buying pressure present during the drop but its still not yet in undervalued moment..lets see later {image} {image}

Ignored

price do a nice rejection but theres ni guarantee..it can fail anytime

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#860,448
May 27, 2025 1:38am May 27, 2025 1:38am

Traderview
Joined Sep 2017 | Status: Trader | 4,493 Posts

sell stop 1.3560
Sl. 30 pips
Tp 1.3450

#860,449
May 27, 2025 1:59am May 27, 2025 1:59am

Yngwie
Joined Aug 2008 | Status: Trader | 3,984 Posts

Long 1.3548 SL 1.3545 TP 1.3590

Live trade ~ GBPUSD only. No chart! Follow at your own risk!

#860,450
May 27, 2025 2:09am May 27, 2025 2:09am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,047 Posts

143 cracked UJ now time for a tease of 144 Vamos!

Insane in the Brain..

#860,451
May 27, 2025 2:10am May 27, 2025 2:10am

ricmaj
Joined Jun 2011 | Status: Trader | 1,731 Posts

the Noise today will be much from a bull perspective
Just added Sell @ 1.35515 Sl 10pips tp 1.35315

Keep the Lights on then you can catch the rise from the dark.

#860,452
May 27, 2025 2:20am May 27, 2025 2:20am

randu
Joined Jun 2008 | Status: Ctrl-Z | 535 Posts

Quoting ricmaj

Disliked

the Noise today will be much from a bull perspective Just added Sell @ 1.35515 Sl 10pips tp 1.35315

Ignored

same here @ 1.3554

#860,453
May 27, 2025 2:21am May 27, 2025 2:21am

Yngwie
Joined Aug 2008 | Status: Trader | 3,984 Posts

Quoting Yngwie

Disliked

Long 1.3548 SL 1.3545 TP 1.3590

Ignored

Loss 3p

Live trade ~ GBPUSD only. No chart! Follow at your own risk!

#860,454
May 27, 2025 2:49am May 27, 2025 2:49am

Headland
Joined Apr 2020 | Status: Trader | 8,807 Posts

G/M, < 30day adr bullish candle on the dly y/day (U.s and Uk B/H's,) the 6th consecutively which is not very common on this t/f. Doesn't mean to say there won't be a 7th, - for eg there were 10 consecutively between 2709 and 3434! Just that the chances are lower. Anyways. so far today price trades within y/day's pip range after an attempt (Asain hi/current dly hi) on it's 3592 hi, (double top of 1hr,) was rejected, meeting supply, resulting in a move down past the Asian lo for a 1st downside b/o of it, after a rally attempt in early London trading.

1hr below

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Trader with an Edge.

#860,455
May 27, 2025 3:01am May 27, 2025 3:01am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

ty mister goldi

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yes yes yes

#860,456
Edited 4:18am May 27, 2025 3:20am | Edited 4:18am

Headland
Joined Apr 2020 | Status: Trader | 8,807 Posts

...$7.6tr needs refinancing this year re U.s debt, and add to that the circa $5.2tr that Trump's 'big beautiful bill' will add to the national debt if it passes congress, and you've got the makings of a potential bond crisis? How much longer will the world keep financing U.s debt? Fed is quietly ramping up QE again.
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... demand comes in @ the prev 1hr sw hi = prev rbs = pot rbs = prev sw lo = pot supp zone that extends down to y/day lo. 1st ppa for the bulls overhead now - a prev 30min minor sw lo zone = pot sbr

EDIT corrected to '...that extends down to y/day lo... from '..Asian lo..'

1hr below

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Trader with an Edge.

#860,457
May 27, 2025 3:35am May 27, 2025 3:35am

firsttimer
| Joined Oct 2011 | Status: Trader | 622 Posts

Quoting BeeTogether

Disliked

Looks like 143 just not gonna happen.. need a rocket up to break the zone

Ignored

Rocket has happened. 170pips from low.
Gj follow closely behind 150pips.
Ej at 110pips.
Wild swings, from USD to yen.

Lots of patience required.

#860,458
May 27, 2025 3:42am May 27, 2025 3:42am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,047 Posts

Quoting firsttimer

Disliked

{quote} Rocket has happened. 170pips from low. Gj follow closely behind 150pips. Ej at 110pips. Wild swings, from USD to yen. Lots of patience required.

Ignored

indeed! Have set TP at 14420 and moved SL to b/e

Insane in the Brain..