Cable Update (GBPUSD)

its nice that Christmas won't be boring on the cable update homestead

Bro just stop being weird and im sure you will have no issues with ppl here

Humour is not weird.
The only thing that's weird is your stalker behavior.

I think you already sent that one recently..

But okay.. Ha-ha!

Glad you found it funny..., ps never sent that one before but if you can prove otherwise please do, i will eat my own hat...

You find your weird replies funny? Sorry bro this is not humour this is just being a weirdo.

Stalker? Like the way you follow me around in different threads? "Trading for a living" thread rings a bell? Not even mentioning the fact that u asked me for my photos last year lmao.

Idk if you are trying to be funny acting this way but you are just making me uncomfortable

Why you wear a hat?

The GU Bulls have almost reached the target mentioned of 1.3475 and from around this area 1.3475/3490 I think the Bears may step in and take control. If the Bears do take control from 1.3475/3490 zone, I think their 1st target will be 1,3350/3340 area. This is just my view.

I may be wrong but let's see how the market unfolds

Safe Trading Everyone

The GBPUSD price action on the H4 time frame went sideways on Friday at the 1.33690 intra-day horizontal resistance. There was a bullish breakout from the area on Thursday, but a bearish correction thereafter met with a bullish pushback. Nevertheless, we may still see further northward price action in the early part of this week.

I may be wrong. Trade safe and prosper.

KP

High-Impact Week Ahead: MAJOR Cable Catalysts

Buckle up, newbie!
This is the week we’ve been waiting for in the Cable market.
The calendar is absolutely packed with tier-1 UK and US data that could bring volatility, momentum, and major trading opportunities.



UK in Focus:
The Bank of England's Super Thursday is the main event!
We'll get the Official Bank Rate decision, MPC vote split, and crucial commentary from Governor Bailey.
This could be a major directional catalyst for GBP. Strong hints at future tightening = GBP rocket fuel.
Dovish signals = potential pullback.


US Firepower:
The week crescendos with a blockbuster US Employment Friday, featuring NFP, Unemployment Rate, and Wage Data. Any surprise here will send shockwaves through the USD, setting up explosive Cable moves.

Direct Battlegrounds:
We have key UK & US data releasing simultaneously.
The UK CPI vs. US Retail Sales combo could create sudden, sharp directional clashes perfect for volatility plays.

Intraday Movers:
Don’t sleep on other data points like UK Claimant Count, US CPI & Unemployment Claims—any of these could spark sharp, tradable intraday swings.

Your Action Calendar for Cable Volatility:
Tuesday, 16, Dis: US Inflation and Retail Sales in the afternoon could set the USD tone for the week.
Wednesday, 17Dis: UK CPI Inflation data - a key input for the BoE. A hot print will amplify hawkish expectations.
Thursday, 18 Dis: BANK OF ENGLAND DECISION DAY! The main event at 12:00 PM GMT, followed by Bailey’s speech.
Friday, 19 Dec: US JOBS DATA SMACKDOWN! NFP and wages at 1:30 PM GMT. The ultimate volatility spike to close the week.

The Bottom Line:
This is not a week to sit on the sidelines.
Don't loose (extended pun intended) focus.
The stars are aligning for significant Cable moves.

Volatility scalpers, and newbies – get your alerts set, your levels marked, and your risk management tight.

Prepare for potential fireworks.
Let's trade this!

CABLE

my guessing only


P/S In case price didn't go down , it will definetly goes up......

Sold 1.3380

lets wait and see... who can be best forecaster and a reliable one

closed BE

G/M, bullish London session overall so far, with a 1st upside b/o of today's AH, and a test of it in a downside p/back. The CDH is @ the 50% of 3438 LWH - YL (fr's lo) 3342 move. Could see a 3rd consecutive HL printed on dly t/f depending on today's candle close on that t/f, this after the 3rd consec HH @ said 3438 LWH which is the CMH.

dly, then 1hr, below

...you can see on chart below @ AL/CDL/CWL how price met residual demand in that 'spike' (long lower wick) of that 4hr pinbar candle that extends down to Fri's lo (YL) and it was all up from there so far. Last 4hr candle was a bullish multi-engulf x 5. No b/o either way of either Fri Hi or Lo (YH or YL,) -or- LWH or LWL yet.

4hr below

I feel horny after weekend