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Cable Update (GBPUSD)

  • #860,861
  • Jun 3, 2025 3:50am Jun 3, 2025 3:50am
...that 3 fib cluster @ current dly lo includes 38.2% of last wk's 3414 lo - 3560 current wkly hi move. Price has met more rbs demand @ these prev 1hr/4hr and prev1hr sw hi zones = pot rbs and is challenging the prev 30min sw lo zone = pot sbr @ asian lo.

1hr below
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Trader with an Edge.
  • #860,862
  • Jun 3, 2025 3:51am Jun 3, 2025 3:51am
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yes yes yes
  • #860,863
  • Jun 3, 2025 4:05am Jun 3, 2025 4:05am
bears really need a daily closing below 1.35 support
Leave Israel alone and Palestine will be free
  • #860,864
  • Jun 3, 2025 4:22am Jun 3, 2025 4:22am
Quoting Moty
{image} {image}
I see bears on the M15 chart, in my view, 141.800 is the area to watch. Good luck
  • #860,865
  • Jun 3, 2025 4:30am Jun 3, 2025 4:30am
..5th 30min fractal swing lo now in these coexistent/overlapping prev 1hr/4hr and prev 1hr sw hi zones = prev rbs = pot rbs, each one lower than the last /deeper into the pot rbs, as bulls hunt the 'springboard' to send them sustainably back north. Potentially a 4th 1hr fractal swing lo test @ top of this hour. We'll see.

1hr below
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Trader with an Edge.
  • #860,866
  • Jun 3, 2025 4:57am Jun 3, 2025 4:57am
Quoting Bflyfx
{quote} added to the 3 musketeers trades.
if we go a bit deeper is also ok. buy buy buy
I only follow traders with IQ above 160
Challenge Tour All Time Return: -55.8%
  • #860,867
  • Jun 3, 2025 5:34am Jun 3, 2025 5:34am
Quoting MoneyPrinte
{image}
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https://x.com/moneyprinte
  • #860,868
  • Jun 3, 2025 5:38am Jun 3, 2025 5:38am
Quoting Abeylyn
Sell GU from 1.3520 Stop 1.2540 TP 1.3470/80 Zone. Have a nice pipping day all.
Takeprofit revised upward to 1.3500.

I may Buy again from 1.3500 depending on Price Reaction.
Market Structure is the King.....
  • #860,869
  • Jun 3, 2025 5:58am Jun 3, 2025 5:58am
GBPUSD is in a sell zone. My target: somewhere @1.33000
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Never Ever Give Up!
  • #860,870
  • Jun 3, 2025 6:19am Jun 3, 2025 6:19am
yes
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yes yes yes
  • #860,871
  • Jun 3, 2025 6:24am Jun 3, 2025 6:24am
Update
https://www.forexfactory.com/thread/...0#post15265060
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #860,872
  • Jun 3, 2025 6:25am Jun 3, 2025 6:25am
can d bears from 1.35500/1.352600 gather here for a quick selfie as we wait the arrival of 1.34760
Keep the Lights on then you can catch the rise from the dark.
  • #860,873
  • Jun 3, 2025 6:28am Jun 3, 2025 6:28am
Quoting ThaoAnh
{quote} My view {image}
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  • #860,874
  • Jun 3, 2025 6:32am Jun 3, 2025 6:32am
BUY GU NOW

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  • #860,875
  • Jun 3, 2025 6:33am Jun 3, 2025 6:33am
Quoting ThaoAnh
{quote} {image}
you killed it,,hehe
https://x.com/moneyprinte
  • #860,876
  • Jun 3, 2025 6:55am Jun 3, 2025 6:55am
Quoting ChiForex
At some time this month, GU would have to retrace to ~1.3220 and EU to ~1.1140. Trade accordingly.. Like the higher it goes the more profit to gain later..
Both already banged by monthly resistance...The fall follows
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #860,877
  • Jun 3, 2025 7:07am Jun 3, 2025 7:07am
Quoting Abeylyn
{quote} Takeprofit revised upward to 1.3500. I may Buy again from 1.3500 depending on Price Reaction.
Take Profit hit on my Sell trade

Have to look for Buy from here or close all existing Buy trades if this zone is broken by the Sellers to the downside.

If market movers changes direction, there is nothing retail traders can do...

Hope buyers can continue to retain the bull run.
Market Structure is the King.....
  • #860,878
  • Jun 3, 2025 7:09am Jun 3, 2025 7:09am
Quoting MoneyPrinte
{quote} {image}
retailer are super bullish..index already reach 100% at the same time aligned with valuation wc is also already overvalued across 2 asset
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https://x.com/moneyprinte
  • #860,879
  • Jun 3, 2025 7:11am Jun 3, 2025 7:11am
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  • #860,880
  • Jun 3, 2025 7:12am Jun 3, 2025 7:12am
Quoting BeeTogether
Switched to long gold at 3365 looking for 3400 which it didn’t do overnight
Closed my SHORT GOLD ....
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