Cable Update (GBPUSD) | Page 43370 | 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)

  • #867,381
  • Edited 2:37pm Oct 22, 2025 2:20pm | Edited 2:37pm
...just under a couple of hours till my dly candle closes and price bounced strongly up from the top of the wide dly part of the prev 1hr/4hr/dly sw lo zone = prev supp now = pot supp that extends down to 3247/48 LWL/CML. Could see a dly pinbar candle, or more result at close today? Price is still in the LWL-LWH pip range going into the 4th day of the trading week, and as of right now remains below the Wkly and Mthly Pivots, and today's Dly Pivot. There are 3 prev swing zones just above the CDH where supply may emerge if tested, and these are shown on the 4hr chart below. The highest prev sw lo zone = pot sbr on that t/f extends up to circa 3411. Of course there are upside fibs too that initially extend up to 3471 LWH and are of moves from that prev swing hi and others below it, all to the 3306 CDL. In fact 76.4% of the 3398-3306 move is @ the CDH. These are not shown on charts below.

EDIT: typos.

Dly, then 4Hr, below.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
Click to Enlarge Name: screenshot.png Size: 20 KB
Trader with an Edge.
  • #867,382
  • Oct 23, 2025 12:22am Oct 23, 2025 12:22am
Quoting msqk
{quote} Closely monitoring this ... {image}
The fvg + H1 and Hr4 cross + pre-breaker
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (1252).png Size: 16 KB
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #867,383
  • Oct 23, 2025 1:00am Oct 23, 2025 1:00am
G/M, just < 30day adr pinbar/hammer type candle on dly y/day. Asian session just finished and London takes over. Bounce up @ end of Asian session creates a prev 1hr currently minor swng lo zone= pot supp leading down to AL which is presently the CDL, as AH is presently the CDH.

1hr below

...price opened the new day just above the new Dly Pivot, went below and has just climbed above it. It remains below the Wkly and Mthly Pivots though right now. Price remains still within last wk's pip range, (ie LWL-LWH,) and currently trades inbetween the CWH and CWL. 50% of the total 3471-3606 recent downmove is @ 3388.

4hr below
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
Click to Enlarge Name: screenshot.png Size: 23 KB
Trader with an Edge.
  • #867,384
  • Oct 23, 2025 1:40am Oct 23, 2025 1:40am
short @1.33530 sl 15 tp 60
Keep the Lights on then you can catch the rise from the dark.
  • #867,385
  • Oct 23, 2025 2:00am Oct 23, 2025 2:00am
...so, the bullish momentum off the AL/CDL met supply @ base of a prev minor 1hr sw hi zone = pot res. No b/o's either way of the AL or AH yet so far this London session, and these swings are inside the YH-YL/CWL pip range. 1hr is probably still in a general downtrend? - correct at time of writing. AH is presently the CDH.
Consolidative right now?

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Trader with an Edge.
  • #867,386
  • Oct 23, 2025 2:30am Oct 23, 2025 2:30am
Inserted Video
  • #867,387
  • Oct 23, 2025 2:37am Oct 23, 2025 2:37am
Quoting msqk
{quote} The fvg + H1 and Hr4 cross + pre-breaker {image}
add on @ 3347
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #867,388
  • Oct 23, 2025 3:00am Oct 23, 2025 3:00am
...bit of a 30min pennant pattern going on? Bulls are trying on the p/back but face overlapping/coexistent prev sw hi zones = pot res circa 3352, -3362, starting with a prev 30min minor sw hi zone = pot res. A 61.8% fib in there, as well as AH/CDH. Only 36% of 30day adr traveled so far today, most of it in Asian session. Over 2hrs + now consolidative. 5min chart shows this.

1hr, then 5min, below
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
Click to Enlarge Name: screenshot.png Size: 16 KB
Trader with an Edge.
  • #867,389
  • Oct 23, 2025 3:35am Oct 23, 2025 3:35am
...2hrs 40mins in a 13pip consolidation now, - basically the London session so far. Mr Fanciful will be pulling his hair out!? lol.
Trader with an Edge.
  • #867,390
  • Oct 23, 2025 3:40am Oct 23, 2025 3:40am
Does anyone have any idea when this shitty pound will finally end its eternal flat?
  • #867,391
  • Oct 23, 2025 3:53am Oct 23, 2025 3:53am
Quoting Headland
...2hrs 40mins in a 13pip consolidation now, - basically the London session so far. Mr Fanciful will be pulling his hair out!? lol.
1st slight downside b/o of it was false, - may have triggered a few tight retail stops?

5min below

...4hr closes as a bullish engulfing candle

4hr below
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB
Click to Enlarge Name: screenshot.png Size: 22 KB
Trader with an Edge.
  • #867,392
  • Edited 4:52am Oct 23, 2025 4:30am | Edited 4:52am
...London session extends it's range to 15pips now! Some upside follow-through, slight though it is, (so far at least,) on that 4hr bullish-engulfing close. 69% of 13wk awr traveled so far this week, 54% of 6mth amr so far this month.

A summary of the London session so far might be; London high in the pot res zone to AH/CDH, and several attempts to get north of it resulted in shallow p/backs bought up by buyers, resulting in a tight pip range so far in the session.

EDIT: added.

1hr, then 5min, below
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Click to Enlarge Name: screenshot.png Size: 16 KB
Trader with an Edge.
  • #867,393
  • Oct 23, 2025 4:46am Oct 23, 2025 4:46am
Quoting Marbas
Does anyone have any idea when this shitty pound will finally end its eternal flat?
Attached Image (click to enlarge)
Click to Enlarge Name: 91e9b1b348d69ab84df25f082ba389d5.jpg Size: 9 KB
  • #867,394
  • Oct 23, 2025 5:04am Oct 23, 2025 5:04am
I'm still holding. However, now that I've advertised where my SL is, I expect this to turn south.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2025-10-23 105903.png Size: 24 KB
  • #867,395
  • Oct 23, 2025 5:11am Oct 23, 2025 5:11am
Quoting MrFanciful
I'm still holding. However, now that I've advertised where my SL is, I expect this to turn south. {image}
ctrader...we're rare ctrader users, kind of like left handed people, special but somehow a bit odd...
  • #867,396
  • Oct 23, 2025 5:16am Oct 23, 2025 5:16am
Quoting M31
{quote} ctrader...we're rare ctrader users, kind of like left handed people, special but somehow a bit odd...
It's become much more mature over the last few years. I originally started to use it so I could use C# for bots in an attempt to try to take my emotion out of it...Didn't work haha
  • #867,397
  • Oct 23, 2025 5:19am Oct 23, 2025 5:19am
Quoting MrFanciful
{quote} It's become much more mature over the last few years. I originally started to use it so I could use C# for bots in an attempt to try to take my emotion out of it...Didn't work haha
Yeah I like c#,

the update when the the fib tool went back to front and setting a trendline to infinity and it went left, the wrong way of useful. - They are improving
  • #867,398
  • Oct 23, 2025 5:21am Oct 23, 2025 5:21am
c# friends
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
  • #867,399
  • Oct 23, 2025 5:48am Oct 23, 2025 5:48am
Quoting mrfanciful
i'm still holding. However, now that i've advertised where my sl is, i expect this to turn south. {image}
(╯°□°)╯︵ ┻━┻
  • #867,400
  • Oct 23, 2025 5:52am Oct 23, 2025 5:52am
Quoting MrFanciful
{quote} (╯°□°)╯︵ ┻━┻

I was guessing your late 50's - early 60's. now I'm revising my guess - are you 13?
763 traders viewing now, 2 are registered:
vinesh1
,
TonyTepeli