Cable Update (GBPUSD)

Long 1.3443

A liquidity run? Previous day high might be possible. I’m still long

Today 3500 first , 3600 friday

On come back EU bulls will face bears ~1.1630 while GU 1.3465-70, still as long as lower levels not touched you can expect another down movement after bounce off...

G/M, small range <30day adr bullish inside dly candle y/day whose hi is @ 61.8% of current wkly hi - current wkly/yday's lo.
Today so far a false 1st b/o of asian lo meets demand in the prev 1hr/4hr sw lo zone = prev supp x 1 = pot supp that extends down to y/day's lo, and now selling off again from that last p/back hi.

1hr below

well done , watching how reacts 3434 and 1580. take care
may easily broken down for 3404 and 1563 to 1487 respectively
immediate limit gbpusd is now 3440 and 45

E. and BP 5' --- We are now at a point where I should take my prfts on shorts. . . . .

I noticed a post was made from my account here without my knowledge. Sincere apologies, guys. That post wasn't from me, it seem my pc has been hacked by the same person who made that post. very sorry guys.

...some stight ell stops bought below y/day's lo,? as a 2nd downside b/o of asian lo, and a false 1st lower t/f downside b/o of y/day lo occurs, as price drops down to current dly lo with a dly ascending t/line breach. Price is presently still above the Mthly, (@/around Last week's lo [LWL,]) but below the Wkly and Dly Pivots. I guess last week lo (LWL) is in view for the bears? Price now challenging what has just become pot 1hr/4hr sbr.

4hr below

only if h4 dxy close above 98.85 i will be bearish for gbpusd and eurusd.

Reversed to long here , NOW . . . .

...more stops (likely retail,?) triggered and bought under y/day's lo @ the current dly/wkly lo, which is just above Wkly S1. Price now challenging a wide 1hr/4hr pot sbr zone, on the bounce up from said current dly lo.

1hr below

for 15 pips

... Dly is rangy right now, 4hr is rangy-bearish right now, 1hr may be in a messy general downtrend or if not, is aslo rangy-presently bearish overall. (Trend (or not) is related to t/f, it is not a generic thing.) 46% of 13wk awr traveled so far this week. Intraday is bearish overall, so far today.

Dly below

...so, price meeting supply near top of that prev 1hr/4hr sw lo zone = pot sbr that starts @ y/day's lo, as the 'sell the rally' participants take advantage of the discount, - nice 5min bearish hidden div. The area to y/day's hi (YH) has seen some orders, and has been tested several times both from above it, and below it, - circled.

1hr below

missed entry on GBPUSD @london open 1.34645

was asleep … lol this won’t happen again …. I was waiting for this move since yesterdays London session, and I missed it

...price has stayed within Fri's bullish multi-engulf x 3 dly candle all this week so far, so maybe some small comfort for the longer-term bulls? Fri's 3390 lo is of course LWL also. Above it re pivots, Wkly S1 is @/around 3424, then Dly S2 is @/around 3410, with Mthly Pivot @/around that lo. Price now testing near the current dly lo. 63% of 30day adr travled so far today.

1hr below