Cable Update (GBPUSD)

It's taking ages. I need just 3650.

man that means you been trading a long time how has trading been overall for you?

going

I have enough food for the day

50 pips to BE

ancestor

BP 5' --- Long with SL as shown...................

3625 looks to be the support level in confluence with that TL break.

maybe head and shoulder pattern

Analysis: This detailed technical analysis for GBPUSD on the H4 timeframe provides a comprehensive market overview. The dashboard indicates a predominantly bullish sentiment: the Moving Averages (MA) show a BUY (67%) signal, and the RSI also suggests a BUY. However, MACD, Stochastic, and CCI are signaling SELL, while ADX indicates a Strong BUY.

The "Overall" analysis, which averages results from M5, M30, and H1 timeframes, confirms a Strong BUY (43%) for GBPUSD, suggesting an underlying bullish momentum across shorter timeframes.

The market is currently in a Strong Trend. The nearest Resistance zone is identified between 1.38137 - 1.37579 (31 pips away), and the Support zone is at 1.34133 - 1.33692 (301 pips away). The price is currently showing a Strong Trend and is 31 pips away from the nearest Resistance Zone of 1.38137 - 1.37579. Given the prevailing Strong BUY signals from the overall analysis and the ADX indicator, a breakout above this resistance zone could lead to further bullish momentum, with the price potentially targeting higher resistance levels. Traders should watch for a decisive break and retest of this zone.

Disclaimer: This analysis is based solely on data from the provided dashboard and is intended for educational purposes only. Trading involves risk, and by following this analysis or its signals, you may incur financial losses. Please exercise caution and make your own informed trading decisions.

That's an Insider process.

You nailed it.

checking pa within bull set up , immediate top or very strong bull failed already but standard , before final top failure and hold better here first confirmation failure and even weak bull all intact still. so now it entered a standard bull set up and a smaller bear setup within it , this bull bear interaction there may simply sideways plays early likely within range 3730-41-52 resistances to 3690 -3673 before final decision 3725 area . that id a bottoming effects till decision all with ranges / channel ! should be best place for scalping all legs with much comfort next week !! as present leg already nearer to pullback 3730. may starts with short scalping monday morning ! take care
overall all year;y entered bull already , no confirmed reversal yet though before 4111 and 4360!
similarly eurusd better bullish still strong at a top

There was a sharp, tricky move out of London, and the price is likely to continue dropping at least into the U.S. session. From that point, we can expect a pullback—but how significant it will be is uncertain. Considering the strong downward momentum, any retracement may be limited. Given the aggressive selling that led us here, it’s also quite possible the decline hasn’t finished yet.

just to remind you to remind us that GU is going to 1.3220 by tuesday....see you next Tuesday...

Arent you suppose to be busy on weekends ?

at great resistances this type of monthly big candle if fails next and likely then best option may engulfing next month . may do other ways as continue bull to test the target next and may little ups even before failure, big raise followed by big fall followed by a plateau action potential ! lets see