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Cable Update (GBPUSD)

  • #864,921
  • Aug 28, 2025 3:11am Aug 28, 2025 3:11am
  • #864,922
  • Aug 28, 2025 3:14am Aug 28, 2025 3:14am
care as testing 3482 bounce possible arounds towards 3503 and may burst up also
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #864,923
  • Aug 28, 2025 3:15am Aug 28, 2025 3:15am
Quoting ChiForex
Only SELL, soon 1.1615-25 for EU and down to 1.1560s to later flirt with 1.1520s while GU will break below 1.3480 to slide to 1.3440-50
I was thinking exactly the same
  • #864,924
  • Aug 28, 2025 3:26am Aug 28, 2025 3:26am
Liqudity taken, we'll see
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  • #864,925
  • Aug 28, 2025 3:43am Aug 28, 2025 3:43am
crooky goldi
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yes yes yes
  • #864,926
  • Aug 28, 2025 3:45am Aug 28, 2025 3:45am
...price probably tripped some sell stops under the Asian lo on that 1st false downside b/o of it to a new current dly lo there, as they got bought up, deeper into the prev 1hr/4hr sw hi zone = prev rbs = pot rbs. Inclusive of this one there are 3 overlapping/coexistent such pot rbs zones on 1hr in that vicinity.That last attempt higher up in the pot sbr zone met 'sell the rally' supply @ bottom of the prev 1hr minor sw lo zone = pot sbr marked as a. on 1hr chart below.

4hr/1hr below
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Trader with an Edge.
  • #864,927
  • Aug 28, 2025 3:46am Aug 28, 2025 3:46am
Quoting meugampong
Sell. {image}
Same entry as if we planned it together
Market Structure is the King.....
  • #864,928
  • Aug 28, 2025 4:02am Aug 28, 2025 4:02am
Quoting 3xtazzy
Liqudity taken, we'll see {image}
Yeah looks quite strong support at the moment and moving back up
  • #864,929
  • Aug 28, 2025 4:07am Aug 28, 2025 4:07am
Quoting msqk
{quote} Taking my notes keenly b4 the exam. {image}
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MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #864,930
  • Aug 28, 2025 4:09am Aug 28, 2025 4:09am
...and you just knew there would be some buying of that last 1hr pinbar/doji close! Price challenging a prev 1hr sw hi zone = pot res right now.

1hr below
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Trader with an Edge.
  • #864,931
  • Aug 28, 2025 4:11am Aug 28, 2025 4:11am
Quoting Suj
{quote} Yeah looks quite strong support at the moment and moving back up
For the last few days, I saw that london session is always making a new low. I need to keep that in mind.
  • #864,932
  • Edited 4:42am Aug 28, 2025 4:31am | Edited 4:42am
...there are now 3 x wide pot res zones on 4hr all the way up to last Fri's 3544 hi. Price is challenging the one to asian hi/current dly hi right now. Speaking of last Friday, price has been within it's bullish multi-engulf x 3 dly candle all week so far, traveling 51% of 13wk awr in the week. Unless 3140 or 3595 break, the trading month will have traveled 87% of it's 6mth amr, when it closes tomorrow.

EDIT: corrected grammar

4hr below
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Trader with an Edge.
  • #864,933
  • Aug 28, 2025 4:45am Aug 28, 2025 4:45am
Quoting Waveskierrob
{quote} ps GU to hit 2.0000, I can't lose...
told you all GU 2.0000, its on its way, ill be the one laughing when all you bears are crying...
  • #864,934
  • Aug 28, 2025 5:04am Aug 28, 2025 5:04am
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yes yes yes
  • #864,935
  • Aug 28, 2025 5:07am Aug 28, 2025 5:07am
...upside momentum certainly slowed as price met some minor supply at bottom of those 2 separate pot res zones discussed in my 2 posts above this one. Intraday is bullish so far though. U.s Gdp etc data later could have a bearing on how today ends up?

1hr below
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Trader with an Edge.
  • #864,936
  • Edited 7:32am Aug 28, 2025 5:18am | Edited 7:32am
I've gotten a badge and to the moderators and fellow FF members thanks a lot.
Many of us are here with one goal, SUCCESS . Being that we are made different in many aspects,
likewise our mode of understanding,perception e.t.c differs. If I/YOU are making progress of whatever
magnitude, don't lift the foot from the peddle.
I've learned a lot from you and I remain a STUDENT.

A BIG THANKS TO YOU ONCE AGAIN.
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MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #864,937
  • Aug 28, 2025 5:29am Aug 28, 2025 5:29am
...the Big M returned (Momentum,) on that last leg-up. New current dly hi now. Pot res zones up to 3544 initially. Dly R1 is @/around 3528. All 10/20/40 ema's crossed up now.

4hr below
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Trader with an Edge.
  • #864,938
  • Aug 28, 2025 5:34am Aug 28, 2025 5:34am
Quoting ChiForex
Only SELL, soon 1.1615-25 for EU and down to 1.1560s to later flirt with 1.1520s while GU will break below 1.3480 to slide to 1.3440-50
we are getting far away from 1615, will require a very good us data
Patience, Emotion Control and Discipline.
  • #864,939
  • Aug 28, 2025 5:34am Aug 28, 2025 5:34am
Quoting voeltoez
If H4 closed above 3525 we will say goodbye to bears
Welcome 3600
  • #864,940
  • Aug 28, 2025 5:51am Aug 28, 2025 5:51am
Watching pa test previous high likely. 3455 at risk . watching
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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