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Cable Update (GBPUSD)

  • #861,321
  • Jun 11, 2025 7:03am Jun 11, 2025 7:03am
pay attention to red 45° up in case of breackout
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  • #861,322
  • Jun 11, 2025 7:05am Jun 11, 2025 7:05am
Quoting Abeylyn
{quote} Can you put up a chart for further explanation ? Thanks bro.
Just simple distance for this quarter being 909 pips which has attained similar distance as that of this year first quarter being 915 pips.

Expected minimum June Distance is 450 pips... So far it has done 164 with at least 380 pips left....

As far as 1.3640 holds, expect 1.3170 which will happen quickly and aggressively, considering we have just 13 trade days left this June.

Potential sell 1 at 1.3560 and potential sell 2 at 1.3620... all target 1.3170.
Data + Stat + Risk/Emotions Management
  • #861,323
  • Jun 11, 2025 7:18am Jun 11, 2025 7:18am
buying GU now.
  • #861,324
  • Jun 11, 2025 7:25am Jun 11, 2025 7:25am
Thanks for your replies about my conduction of price moves, yes, Im suggesting that the price will break of the current bearish trend, took sell side luiqiduty by the sell side trend and can fill the price range..

It can happen this week, It can happen next week.

Im just reminding you that there is big potencial for bearish correction atm, even with strong fundamental news, market always make its own path.

Good luck !
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  • #861,325
  • Jun 11, 2025 7:28am Jun 11, 2025 7:28am
Quoting Georginson
{quote} Just simple distance for this quarter being 909 pips which has attained similar distance as that of this year first quarter being 915 pips. Expected minimum June Distance is 450 pips... So far it has done 164 with at least 380 pips left.... As far as 1.3640 holds, expect 1.3170 which will happen quickly and aggressively, considering we have just 13 trade days left this June. Potential sell 1 at 1.3560 and potential sell 2 at 1.3620... all target 1.3170.
My first potential sell is 1.3560, but I consider that a key level. The price extreme level for my potential sell 2 is 1.3720. DXY weekly will guide my entries.
  • #861,326
  • Jun 11, 2025 7:38am Jun 11, 2025 7:38am
Quoting Guy1969
{quote} My first potential sell is 1.3560, but I consider that a key level. The price extreme level for my potential sell 2 is 1.3720. DXY weekly will guide my entries.
At this point I need near 3600 or above to use the sell button. I'm holding a buy from 3516.
  • #861,327
  • Jun 11, 2025 7:39am Jun 11, 2025 7:39am
resistance??
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  • #861,328
  • Jun 11, 2025 7:45am Jun 11, 2025 7:45am
Quoting carbonmimeti
resistance?? {image}
yes...for now...
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  • #861,329
  • Jun 11, 2025 7:53am Jun 11, 2025 7:53am
my gut tells me that this spike is a usual bull trap
  • #861,330
  • Jun 11, 2025 7:56am Jun 11, 2025 7:56am
mf !!!!!!!
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yes yes yes
  • #861,331
  • Jun 11, 2025 7:56am Jun 11, 2025 7:56am
Quoting carbonmimeti
{quote} yes...for now... {image}
You need to get off them drugs man.
  • #861,332
  • Jun 11, 2025 7:59am Jun 11, 2025 7:59am
same chart I posted some hours ago....from fibo pivot S38 to fibo pivot R38
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  • #861,333
  • Jun 11, 2025 8:02am Jun 11, 2025 8:02am
[quote=mallee;15273617]{quote} You need to get off them drugs man.[/quote

???? explain
  • #861,334
  • Jun 11, 2025 8:04am Jun 11, 2025 8:04am
Damn it gold goes up and then tanks! US data not too good either! Grrr
Insane in the Brain..
  • #861,335
  • Jun 11, 2025 8:05am Jun 11, 2025 8:05am
To be honest the data came out pretty good for the dollar.
Inflation is more or less stable, and it hasn't risen despite the tariffs. This reduces fears of stagflation in the US. Also in combination with a decent NFP, I think this is a good combo that only works in the dollar's favor. Now the market will cool down from the momentary reaction and everything will go where it should)
  • #861,336
  • Jun 11, 2025 8:06am Jun 11, 2025 8:06am
Quoting ThaoAnh
{image}
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  • #861,337
  • Jun 11, 2025 8:27am Jun 11, 2025 8:27am
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Quoting BeeTogether
Damn it gold goes up and then tanks! US data not too good either! Grrr
yes yes yes
  • #861,338
  • Jun 11, 2025 8:32am Jun 11, 2025 8:32am
update fibo pivot
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  • #861,339
  • Jun 11, 2025 8:34am Jun 11, 2025 8:34am
update geometry point of view 5 min chart
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  • #861,340
  • Jun 11, 2025 8:44am Jun 11, 2025 8:44am
Potential high of the day seen unless there is a surge later.
Insane in the Brain..
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