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Cable Update (GBPUSD)

  • #869,161
  • Nov 25, 2025 10:27am Nov 25, 2025 10:27am
Quoting se7en777
{quote} ELI5 to a newb, are you saying the bad news re tomorrow budget was already priced in. Personally I feel it's going to be a worse budget than expected and there will be a pull back, but interested to hear your opinions.
No, what I'm saying is, the market has not seen that news yet. It may just turn out to be the worse budget, but until that becomes clear, the bulls are making the most of it. Do you trade structure?
  • #869,162
  • Nov 25, 2025 10:31am Nov 25, 2025 10:31am
I had my sights on 99.500 starting out the week, let's see how this goes.
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  • #869,163
  • Nov 25, 2025 10:31am Nov 25, 2025 10:31am
Quoting Guy1969
{quote} No, what I'm saying is, the market has not seen that news yet. It may just turn out to be the worse budget, but until that becomes clear, the bulls are making the most of it. Do you trade structure?
Makes sense ty, no I am more sentiment based, which gets me into trouble and has me scratching my head alot, obviously.
  • #869,164
  • Nov 25, 2025 10:38am Nov 25, 2025 10:38am
Quoting Guy1969
{quote} No, what I'm saying is, the market has not seen that news yet. It may just turn out to be the worse budget, but until that becomes clear, the bulls are making the most of it. Do you trade structure?
I personally think that the pound is overall bearish, at least for now. However, I'd like to see it trading towards 1.32200 first before resuming the Bearish trend.
  • #869,165
  • Nov 25, 2025 10:54am Nov 25, 2025 10:54am
Quoting aalbertespin
{quote} I personally think that the pound is overall bearish, at least for now. However, I'd like to see it trading towards 1.32200 first before resuming the Bearish trend.
Problem is, if 1.3154 holds, then 1.32200 will not. H4 structure dictates that. Also, the only TF the dollar holds is the D1, the pound still has the Weekly.
  • #869,166
  • Nov 25, 2025 11:09am Nov 25, 2025 11:09am
Quoting Pat Chiko
{quote} GJ Must be my lucky day............ {image}
Don't even try to take credit for that move, Waveskie called that long before you did!

He probably gave you that trade under the table, sounds like some crooked insider trading!
Be kind and trade safe Y'all!
  • #869,167
  • Nov 25, 2025 11:14am Nov 25, 2025 11:14am
GBPCAD, this pair pushed me above my weekly pip target (650p). 165p over 3 trades, now all out.
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  • #869,168
  • Nov 25, 2025 11:28am Nov 25, 2025 11:28am
easy money
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yes yes yes
  • #869,169
  • Nov 25, 2025 11:30am Nov 25, 2025 11:30am
Quoting Guy1969
Long AUDUSD, target 0.6510 Long NZDUSD, target 0.5658 Short GJ, target 204.50 Short EJ, target 179.30
Taking partials here:

AUDUSD 30p
NZDUSD 25p
GJ 16p
EJ 38p

My re-entries end of Asian session.
  • #869,170
  • Nov 25, 2025 12:16pm Nov 25, 2025 12:16pm
Quoting Waveskierrob
Morning all, still hoping for an EU green day...{image}
That's what we're talking about...
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  • #869,171
  • Nov 25, 2025 12:20pm Nov 25, 2025 12:20pm
CABLE

we have two main event for tomorrow.

Autumn Forecast Statement

US Unemployment Claims

My guessing would be.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #869,172
  • Nov 25, 2025 12:27pm Nov 25, 2025 12:27pm
Quoting Waveskierrob
{quote} That's what we're talking about... {image}
I'm now not so sure that 1.1610 will hold.
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  • #869,173
  • Nov 25, 2025 12:35pm Nov 25, 2025 12:35pm
Quoting Waveskierrob
{quote} That's what we're talking about... {image}
Ohhh, blimey..

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I want to tell you something, but ,better not.
It will end up another round of fighthing.

Thus . i whisper to you. okey dokey ?
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #869,174
  • Nov 25, 2025 12:43pm Nov 25, 2025 12:43pm
EU, if 1.1550 holds, I'm trading this as a Cypher.
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  • #869,175
  • Nov 25, 2025 12:52pm Nov 25, 2025 12:52pm
Quoting Guy1969
{quote} I'm now not so sure that 1.1610 will hold. {image}
me neither but " you've got to be in it to win it"...
  • #869,176
  • Nov 25, 2025 12:57pm Nov 25, 2025 12:57pm
Quoting Pat Chiko
{quote} Ohhh, blimey.. {image} I want to tell you something, but ,better not. It will end up another round of fighthing. Thus . i whisper to you. okey dokey ?
That was funny the other day....
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  • #869,177
  • Nov 25, 2025 1:57pm Nov 25, 2025 1:57pm
For position traders trading daily timeframe: take profit @ 1.32864
  • #869,178
  • Nov 25, 2025 2:11pm Nov 25, 2025 2:11pm
Just 3 trade days left and still 206 pips range this month and current price is just around 1.3215 high for November so far, it is almost safe to say the bulls now have the upper hand for 1.3400 as far as 1.3150 is not broken down.

We may see 1.3300 tomorrow, maybe a pullback to 1.3178 area may be the spring to rocket to 1.3300. The anticipation of 1.27 is now invalidated since price is trading above 1.3112 with just 3 trade days left.
Data + Stat + Risk/Emotions Management
  • #869,179
  • Nov 25, 2025 2:25pm Nov 25, 2025 2:25pm
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yes yes yes
  • #869,180
  • Nov 25, 2025 2:39pm Nov 25, 2025 2:39pm
Wow GU? A 50 pip drop...just like that
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