Cable Update (GBPUSD)

its trying already...... lets go

Damn look at that spike down grabbing all them early buys and trapping sellers glad i didnt enter

Now gold Buys are blasting off wow didnt even get to enter....

im seeing sells with the break of weekly lows but im guesing its coming up for a Top wick before pushing lower.

Checking pa 3710 /00 to 3730 range possible
update :
ok over 3730 then watching for 3718 sr . breaks the 09 or down ok

either my analysis is off and usd bear coming or its right and usd bull coming, not sure how long either way

Analysis: On the current H1 timeframe, the dashboard indicates a Very Strong BUY (100%) signal from the Moving Averages. Both MACD and Stochastic indicators also suggest a BUY signal. However, ADX shows No Trend, while RSI indicates a BUY. The CCI is currently Overbought, suggesting potential for a pullback.

Overall, considering the M5, M30, and H1 timeframes across all six indicators, the dashboard presents an Overall BUY (27%) signal, which is not particularly strong.
The market condition is currently Ranging, indicating a lack of clear directional momentum.

The nearest Resistance zone is identified between 1.3770 - 1.3706 and is currently Inside Zone, implying the price is within this area. The nearest Support zone is at 1.3416 - 1.3369, a significant 316 pips away. The SR Alert shows "Waiting for Signal", suggesting no immediate trading opportunity based on support/resistance breakouts or retests.

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.

come on

come on
break that last significant hourly candle low

indicator showing also as such as in butterfly , so may wait below 3718 and 09 for 3683!! though there should 3752 resistance play possible ! can do after 3683 too ! sideways all may play one after the other ! conservatively play 3711 and bounce for 3752 to range down 3682 and 70 lows say 3650. so now breakout down should be breaks and hold 3709! , watching for it then only!

looks like dxy dragging nzd aud cad with it down, aud nzd cad bear against most, cad being stronger amongst aud nzd cad, seems to be safe haven of late when dxy goes down eur, gbp usually up cross others especially eur, eurgbp up eur scalping strongest against all currently, might change again soon possibly

Possible pivot for July is 3613. I guess I should look for buys there.

Price-RSI divergence on the daily chart for USDCHF. In the days when USDCHF and EU correlated this would have made me buy the USD across board. But now

The break was ...., now back to ....,
3736-3740 fvg was a snipper but unfortunately I never boarded BEAR train on time.
Now at the station waiting another possibility before 3683 is violated, but if violated an alternative enroute will be my plan.

waiting for 1691 for eurusd , so gbpusd breaks 3690 to 83 or further down 3670 as new low possible . waiting !

1.3686 is the temp support. But I’d sell the highs. 1.3686 - 1.3646 is the zone.

Hi All. DXY Weekly, a failed channel break, so no GU shorts for me, looks like GU is set for 1.38000.

May I remind you that GU will hit 1.3220 today...