Cable Update (GBPUSD) | Page 43258 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #865,141
  • Sep 2, 2025 3:56am Sep 2, 2025 3:56am
I came to the party late but took 57 pips profit. IMO the selling is over done, sitting on my hands and waiting for a good bounce back at 1.3434 buy.
  • #865,142
  • Sep 2, 2025 4:02am Sep 2, 2025 4:02am
Coming to meet this …..

sitting away for now , let’s see what structure prints today against tomorrow, trade smart
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_8349.jpeg Size: 78 KB
  • #865,143
  • Edited 4:53am Sep 2, 2025 4:03am | Edited 4:53am
...so the 1st downside b/o of that recent 4hr range was false, (as 1st b/o's of anything trend to be, more often than not.) The current p/back hi off the CDL/CWL is in the 4hr part of that prev 1hr/4hr sw lo zone = pot sbr that starts @ LWL, @/around the breached Wkly S1. This 4hr part extends up to circa 3441. The 1hr 10/20/40 ema crosses join today's party, per graphic on chart below!

EDIT: typo

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
Trader with an Edge.
  • #865,144
  • Sep 2, 2025 4:06am Sep 2, 2025 4:06am
Inserted Video


Inserted Video
  • #865,145
  • Edited 4:37am Sep 2, 2025 4:20am | Edited 4:37am
Quoting Fix-it
I came to the party late but took 57 pips profit. IMO the selling is over done, sitting on my hands and waiting for a good bounce back at 1.3434 buy.
Hi, markets don't care about our opinions, and generally can punish us for having one lol! Did uk 30yr's just go back to 3.50% or something re buying,- right @ that current p/back hi in a potential sbr zone, if 3434 was your entry? Anyways, good luck with it, anything can happen and we have just moved 209% of 30day adr! My 2 x oscillators have it o/s to 1hr, (on a scale of o/s, - v. o/s, - extr o/s,) @ the CDL. What also may save you is that WRCCO20B (whole reversal candle closing outside 20bol) - a tech phenomenon of extr deviation from the mean. It worked on 15min then 30min before that 1hr closed, but obviously price went up into that pot sbr zone and it met 'sell the rally' supply.

EDIT: added bit about WRCCO20B

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
Trader with an Edge.
  • #865,146
  • Sep 2, 2025 4:29am Sep 2, 2025 4:29am
Not followed cable for a while but trust is one hell of a drop! Maybe it’s catching a falling knife but a long looks tempting
Insane in the Brain..
  • #865,147
  • Sep 2, 2025 4:33am Sep 2, 2025 4:33am
Quoting Headland
{quote} Hi, markets don't care about our opinions, and generally can punish us for having one lol! Did uk 30yr's just go back to 3.50% or something re buying,- right @ that current p/back hi in a potential sbr zone, if 3434 was your entry? Anyways, good luck with it, anything can happen and we have just moved 209% of 30day adr! My 2 x oscillators have it o/s to 1hr, (on a scale of o/s, - v. o/s, - extr o/s,) @ the CDL. 1hr below {image}
I am not in it.now i would buy if it get back up . My buying stop is at 1.3435 set up for now. thanks for the input .
  • #865,148
  • Sep 2, 2025 4:38am Sep 2, 2025 4:38am
Long 13401 TP 13451
Insane in the Brain..
  • #865,149
  • Sep 2, 2025 4:45am Sep 2, 2025 4:45am
...price tested deep into the wide prev 30min sw lo zone = pot supp that extends down to CDL/CWL then, on the drop back down from the current p/back hi off that CDL/CDW, and found some buyers.

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB
Trader with an Edge.
  • #865,150
  • Sep 2, 2025 4:53am Sep 2, 2025 4:53am
Quoting BeeTogether
Not followed cable for a while but trust is one hell of a drop! Maybe it’s catching a falling knife but a long looks tempting
Yes, I noticed you've gone with the big boys to trade Gold.

Welcome back to GU.

1.3390 and 1.3365 are Support to be defended by the bull. Meanwhile, daily trend and 4 hour trend is down.

A breakout of 1.3365 keeps the bear in total control.

Good luck buddy.
Market Structure is the King.....
  • #865,151
  • Sep 2, 2025 5:05am Sep 2, 2025 5:05am
Quoting Abeylyn
{quote} Yes, I noticed you've gone with the big boys to trade Gold. Welcome back to GU. 1.3390 and 1.3365 are Support to be defended by the bull. Meanwhile, daily trend and 4 hour trend is down. A breakout of 1.3365 keeps the bear in total control. Good luck buddy.
cheers mate, was finding Cable move a bit too slow at times. But then again so does gold. Will look to go back on Gold this afternoon for a bit.

has there been any news or data why GU dropped so hard ?
Insane in the Brain..
  • #865,152
  • Sep 2, 2025 5:11am Sep 2, 2025 5:11am
GU down that can not be, Zebi said it would go up as he doesn't follow the majority...
  • #865,153
  • Sep 2, 2025 5:20am Sep 2, 2025 5:20am
Quoting BeeTogether
.... has there been any news or data why GU dropped so hard ?
Hi, likely a reaction to this;

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
Trader with an Edge.
  • #865,154
  • Sep 2, 2025 5:31am Sep 2, 2025 5:31am
..today's AH/CDH to CDL is 174pips, (209% 30day adr,) which is 60pips more than last week's whole pip range, lol!

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB
Trader with an Edge.
  • #865,155
  • Sep 2, 2025 5:44am Sep 2, 2025 5:44am
GU came below 20, 50, and 100 moving average on daily .... the moving averages will work as resistance if the daily close below 1.34444... but we are oversold as well so GU might go up a little bit for a miner correction or consolidate before bears regain control
  • #865,156
  • Sep 2, 2025 6:01am Sep 2, 2025 6:01am
Quoting Headland
{quote} Hi, likely a reaction to this; {image}
This kind of release usually catch us ' retailers" by surprise, and mostly the thin layer between PA
is usually soo convincing to conviction.
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #865,157
  • Sep 2, 2025 6:04am Sep 2, 2025 6:04am
Approached intermediate support 3464/44 , caye may bounce before more lows as in gross pa
Attached Image (click to enlarge)
Click to Enlarge Name: download - 2025-09-02T150233.802.png Size: 15 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #865,158
  • Sep 2, 2025 6:13am Sep 2, 2025 6:13am
Currently a 180 pip daily range.
  • #865,159
  • Sep 2, 2025 6:18am Sep 2, 2025 6:18am
Quoting fontu
Approached intermediate support 3464/44 , caye may bounce before more lows as in gross pa {image}
13440-60 would be a very decent area for a retrace. Let’s see what the data later comes up with
Insane in the Brain..
  • #865,160
  • Sep 2, 2025 6:37am Sep 2, 2025 6:37am
damn...price dropped while i was asleep

my invH+S i been playin still in effect...price is at support so illl be buying

an currently in 90 pip DD on my basket of longs...i havent forgotten the monthly candle gave a buy signal since it closed above 3487

the second chart is the h+s with price at support
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2025-08-28 073352.png Size: 14 KB
short trump and go long the deepstate
315 traders viewing now