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Cable Update (GBPUSD)

  • #863,841
  • Aug 7, 2025 5:45am Aug 7, 2025 5:45am
3362 is a POI,
3436 is weak high and chance of violating it are high,
my proxies H1 @ 3351
H4 @3289,
nothing yet ..... waiting.
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #863,842
  • Aug 7, 2025 5:59am Aug 7, 2025 5:59am
This kind foreversal are very convincing but very trick ,
a very simple personal element is lacking.
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MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #863,843
  • Edited 6:39am Aug 7, 2025 6:01am | Edited 6:39am
Its now obvious that the market is in favour of Buyers after breaking out of 1.3364.

All activities from/above 1.3364 represent buying Interest. Ability of weekly close above will also signify confirmation.

Therefore, i will continue Buying.
Market Structure is the King.....
  • #863,844
  • Aug 7, 2025 6:02am Aug 7, 2025 6:02am
Quoting Zebi
went long GU at 3290 we shud see 3390 sometime this week maybe even 3440 if humpty does more dumb shit like fire people that count the econ numbers
said that sunday night after goin long....might see a small retrace but if price can close above that blue line tmoro is very booolish
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short trump and go long the deepstate
  • #863,845
  • Aug 7, 2025 6:15am Aug 7, 2025 6:15am
Quoting Abeylyn
Its now obvious that the market is in favour of Buyers after breaking out of 1.3364. All activities from/above 1.3364 represent buying Interest. Ability of weekly close above it also signify confirmation. Therefore, i will continue Buying.
YEAH ... it was BUYER's BOS,and SELLER's have a bacon @ 3362 as a CHOCH
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #863,846
  • Aug 7, 2025 6:19am Aug 7, 2025 6:19am
crap . missed this !! GL Bulls !
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  • #863,847
  • Aug 7, 2025 6:21am Aug 7, 2025 6:21am
a few days ago UK "Economic confidence plummets to all time low" maybe a pullback here after a "bullish BOE cut" toda .. a bit extended now !
  • #863,848
  • Aug 7, 2025 6:27am Aug 7, 2025 6:27am
Quoting Zebi
went long GU at 3290 we shud see 3390 sometime this week maybe even 3440 if humpty does more dumb shit like fire people that count the econ numbers

just closed 3422...will look to go long again before the weekend if gets to 3380ish before then
short trump and go long the deepstate
  • #863,849
  • Aug 7, 2025 6:49am Aug 7, 2025 6:49am
Quoting Zebi
{quote} just closed 3422...will look to go long again before the weekend if gets to 3380ish before then

closing was just profit taking...charts still bullish
short trump and go long the deepstate
  • #863,850
  • Aug 7, 2025 7:04am Aug 7, 2025 7:04am
stubborn mf
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yes yes yes
  • #863,851
  • Aug 7, 2025 7:45am Aug 7, 2025 7:45am
A cautious Spooz long
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  • #863,852
  • Aug 7, 2025 7:59am Aug 7, 2025 7:59am
Quoting ChiForex
Good news for bears that EU got rejected from the higher daily resistance, today first retracement is at 1.1625, and 1.1610 that also correspond to the 4 hr support should hold, under 1.1600 will take the pair to 1.1570s while only a base above 1.1670 can target higher levels like 1.1690s to possibly 1.1730s. GU retracement placed at 1.3310/20 while the upside looks held by 1.3380/90, at least before BOE. Afterwards, we have down to 1.3240s to 1.3210s or up to 1.3420s and ~1.3475 will hold. As you see wide range today and we're at the exact midway...
Reminder..we reached the 1.1610/25 weekly support It was resistance, tomorrow the final decision!
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #863,853
  • Aug 7, 2025 8:06am Aug 7, 2025 8:06am
Quoting Yngwie
Sold 1.3435
Closed 40p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #863,854
  • Edited 8:25am Aug 7, 2025 8:12am | Edited 8:25am
So what happened so far? Approaching to limit 3380 , may bounce above it in avoiding breaks . care
May test 3387
Eurusd bounce over 1598 , may test next time , that is testing limits not over retest try all!!
Main trades over already and if little range a bottom before if breaks!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #863,855
  • Aug 7, 2025 8:40am Aug 7, 2025 8:40am
Quoting ALIpk1317
A cautious Spooz long {image}
it says not today....closed
  • #863,856
  • Aug 7, 2025 8:58am Aug 7, 2025 8:58am
mf !!!!
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yes yes yes
  • #863,857
  • Edited 9:53am Aug 7, 2025 9:13am | Edited 9:53am
All respect limits , gbpusd bull continuing Al while eurusd a round top . So both likely correct to limits again , but gbpusd may after new top?
Eurusd signal 1637 now
May take total 2.5 hours +-
And much earlier near half time if now breaks hold 1637!!
Breaks already may confirm with 1629!!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #863,858
  • Aug 7, 2025 9:17am Aug 7, 2025 9:17am
The net were well laid with much expectation, but nothing,
well, with LONDON close today's hope is negative catch.
On my tiptoe I can see friday
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #863,859
  • Edited 10:00am Aug 7, 2025 9:42am | Edited 10:00am
Quoting Wavegarrick
{quote} I am still 1808 pips in profit on GU with 4 buy trades open. For the coming week I foresee a nice pullback to 1.34525 ish as per the weekly timeframe. Having said, if 1.34525 goes we can see this as a move to new highs at 1.38843, meaning that this down move was a temporary setback. Weekly consolidation at 1.34525 area could see a down move towards 1.29751 also close to my yearly pivot. My technical indicators look for a retrace and down move in time to come but mixed at the moment and I will update, Patience of utmost importance here. Note...
My technical analysis on GU playing out accordingly currently with 4 trades at 2400 pips in profit. Zooming into the daily timeframe big resistance ahead. 1.35425 with a daily or weekly close above important for a bullish V shape recovery in days ahead. Weekly close in this area at 1.34257 would be an indication of more bearishness to come. Will update with my entry/exit trades. Patience of utmost importance here.
Cheers.
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Trade to trade another day
  • #863,860
  • Aug 7, 2025 9:43am Aug 7, 2025 9:43am
meanwhile in a paradise beach in Britain LMAO

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