Cable Update (GBPUSD)

Yesta's PA was something else," if you know you know if you don't forget it", don't that serious.
Pre-NFP from where i sit is BULL bias.

...price has bounced up at the 4hr part of the prev 1hr/4hr sw hi zone = pot rbs that was formed as a result of sbr, so originally supp, then sbr, now rbs...and in a separate prev 1hr v.minor sw lo zone = pot supp, confluence with a 38.2% fib.This follows the downside p/back from CDH. Not exactly racing back up though, as of right now!

1st 1hr upside b/o's of YH then AH prove false. A lot of false b/o's of things so far this week.

4hr/1hr below

Today's high should be taken

Long 3465. Been a while without trading.

...So, Us Nfp etc later today. As always the headline # grabs the attention, but revisions to previous #'s, and un-emp rate, can have a bearing too. Deviation from forecasts is what really moves price, so a really low headline print could see the CWH under threat, and conversly, a really good headline print could see the CWL under threat? As always, if taking part, trade what you see - not what you think!
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currently, CDH may be under threat of an upside b/o?

1hr below

Suhas bhai , kadak

Trading the range?

Next stop 1.35

The very U turn may not prolong it's life for long , watching for probable pa
And it was not enough to set be too, at least below 3448 early confirmation break and hold need for short run
Similarly 1665 breaks and hold need for eurusd while 15 pips extra for takeout possibilities though
Gold bounce not so stead and now extension 4 may enough down before next bounce up again , that in now range down possible
Now reacting 3545 pullback earliest ext 4 , next 3540 and 35 lows can be possible !

Reversed to short here in E. NOW.

add sell 1.3470

Bro why are you selling, can you tell just for education purpose

Because the structure looks super bullish to me

...finally a new CDH made after the p/back. Price still in the aforementioned/shown wide dly part of that prev 1hr/4hr/dly sw lo zone = prev sbr = pot sbr, that began @ 3446 and extends up to circa 3487, with a prev 1hr/4hr of same above it. Dly R2 @/around 3480. 2nd upside b/o's of YH and AH now. to the upside, 76.4% of CWH-CWL is @/around Dly R3, both 3499/3500.

70% of 30day adr traveled so far today.

1hr below

Hello guys, it's been.a while. Here is .y view on GBPUSD

Being September, the most repeated distance this pair travels is usually between 530 to 600 pips... Check below for quick simulations.

Current High 1.3549 - 530 pips = 1.3019
Current low 1.3333 + 530 pips = 1.3863

This implies that it's. Battle between 1.38 and 1.30...
✓above 1.3450 points at 1.38
✓belos 1.3450 points at 1.30.

The first two days produced some fireworks, more fireworks are expected today due to NFP and sluggish Thursday.

Trade with utmost caution.

Well that was my long TP xD should've hold it longer. We'll see..

Reversed to short in BP , TOO . . . .

...bulls have just been buying up these shallow dips, which has resulted in new CDH's each time, so far today @ least. Could all change (or not) re Nfp etc later?
2nd upside b/o's of YH and AH remain true so far. Upside follow thru on that last 4hr close, - a bull thrust b/o candle of the double top.

1hr then 4hr below

closed

Not really. Just would like to see a burst up.