Cable Update (GBPUSD)

Ohh so you calling all Muslims pedos wasnt a hate crime yesterday?? Please do report my guy, its a well deserved comeback for your hate speech tbh. If you call a group of people pedo inbreds, make sure you get ready to be called inbred for your looks

It said that if you use a profile picture publicly, that means you posted it with your own consent and its out there in the internet now. It's not a violation duh... Oh and it said you look inbred

...a couple of random thoughts:

...if I had to say what each arguably 'significant' t/f was doing right nowas of the week's close, up to Mthly, re Gbpusd, then using 3 candle fractal swing analysis as my preferred methodology for determining this, it would be; 1hr rangy, 4hr rangy - bullish, dly in a general uptrend, wkly rangy-most recently bullish, and mthly in a general uptrend. This is a technical measurement. Fundamentally, it is open to analysis/interpretation, but as technicals largely reflect the fundamentals, barring an academic interest, and trading some of the so-called scheduled event-risks, like data releases etc, (which are in some way a measure of the fundamentals,) then for me, as a technical trader, it is not that important.

...If you take Zebi's oft-quoted example of Republican presidents seeing $ declines, and Democrats seeing $ rises, then if you believed that this pattern is to repeat again, then you might have put a bet on @ Trump's inauguration day, and close it, say, on the day before his term ends? On January 20th last year (Inauguration Day), the price opened at 2166 and closed at 2327; it had a lo of 2360 and a hi of 2344. Let's take the L-H midpoint, so 2332, - if you'd have gotten in there, the biggest DD so far would have been to 2100, (LYL,) some 232pips, and so far you'd be sitting pretty. None of us know whether this pattern will repeat, come the end of Trump's 2nd term, but right now @ least it's looking good. If you look @ that chart though, there has been some pretty big contra-swings to the overall pattern, during each 4 or 8yr presidential term, so if you are using it, it very much might depend where your entry(s) are as to your chances of realizing an overall profit from it. The biggest threat to the success of it this time round might be an unscheduled existential event that causes medium to long term safe haven(s) buying.

2100 to 3770 at the high in june and its at 3460 now

Hi. Yes, I put in the coloured rectangles ( showing previous fractal swing hi and lo zones,) and the fibs, and trend lines, in manually. I update as price discovery takes place, as required.The calculated pivots like Dly S1, Dly R1 etc are via an indy.

Hi, absolutely, quite a rise from LYL 2100 to LYH 3788. Your long-term 'retirement a/c' entry on the close of November's bullish hammer mthly candle (circa 3240?) after the downside p/back to 3010 off said 3788 hi, and subsequent rise up from there, was I suspect, one you'd take every time,? whether or not it works out on this particular occasion. That 3010 p/back lo has now become fractal on that mthly t/f, and December's mthly close, as well as the last qtrly, and 2025 yrly closes, are favourable re the trade. Do we assume your stop is under said 3010? Good luck with it.

EDIT: typos

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...the Dly t/f is pretty clear, isn't it? It's a general uptrend in a rising channel as of last week's close. 3 attempts to get north of that prev minor sw hi zone= prev res x 3 = pot res that extends up to 3536 so far, and all 3 met supply, the 3rd at an effective LH on this t/f now. Will the bulls use the upside 'with trend' recovery off 3401,( LWL,) as a base for another attempt on it, and then go on to challenge the prev 1hr/4hr/dly/wkly/minor mthly sw hi zone = pot res that extends up to 3726? We'll see.

Dly below

H4 Channel goes down- buy from 1.34. Daily channel goes up- no signal down,but border 1.35370 for a moment it goes down.weekly-buy from 1.29,no sell on weekly- border 1.3558
channel on weekly neutral or down a little

The GBPUSD price action on the daily time frame is sideways at the 1.34550 intra-day horizontal support area. Recent technical prints favour further southward price action, but this may be short-lived.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

The Bear's play on Friday was not convincing that the drop has begun. My anticipation was for Bears to close below 1.3425 and that did not happen. It is still possible that the drop may playout but I do have an alternative scenario in mind. The scenario is that Bulls may push price up in a choppy manner first to 1.3530 before the Bears cause the price to dip lower. For me 1.3425 is the deciding level.

5' --- Short with 2 pendings to exit , as shown . . .

Neural bias for me this morning let's see how the day pans out ...

Staying short GU, I expect a sweep below 1.34 today.

G/M. 1hr chart below shows us what has happened so far today, and where, (but not why,) from the 10-12pip gap down @ open, (filled,) to the present time. Today's AH and AL are presently the CDH/CWH and CDL/CWL, respectively. Prev 1hr sw lo zone = prev supp x 1 = pot supp that extends down to LWL being challenged again right now

1hr below

DXY_H4

The first Monday of 2026 is here, and the Pound is holding its ground!GBP/USD is currently hovering around 1.3460 as traders weigh the latest UK manufacturing data against a record-breaking performance in the FTSE 100.

Technically, the "Cable" remains in a strong bullish channel, staying comfortably above its 50-day EMA. While we saw a rejection at the 1.3535 resistance last week, the bulls are clearly eyeing the 1.3600 psychological barrier. With the US Dollar showing some strength but facing a more aggressive rate-cut path than the Bank of England, the policy divergence continues to favor Sterling in the medium term.

Trading Tips for Today:

Support Levels: Watch for buying interest near 1.3430 – 1.3440. As long as this floor holds, the uptrend is intact.

Resistance Targets: A break back above 1.3500 opens the door for a retest of 1.3535.

Risk Management: Keep an eye on US market sentiment today as liquidity fully returns. With the NFP report delayed until next Friday, technical levels will likely drive the action.

...2nd attempt to get north of the prev 1hr/4hr sw lo zone = prev sbr x 1 = pot sbr that on 4hr extends up to circa 3554, meets sbr 'sell the rally' supply again, this following support again being encountered in the 1hr/2hr/4hr 'spikes' down to 3401 LWL.

1hr below

...Gold up/Oil down overall right now, but no strong reaction to the w/e's Venezuela events across the open markets so far. On gbpusd - price presently rising off the last 1hr close - an inverted hammer-esq type candle in the prev 1hr sw lo zone = prev supp x 1, likely x2 = pot supp that extends down to LWL.

1hr below

All this Venezuela shit just to divert the attention from epstein files

Incredible analysis

...gmt+2hrs price feed 4hr candle just closed as a bullish engulfing hammer. Price is again challenging (the 4hr part now) of a prev 1hr/4hr sw lo zone = prev sbr x1 = pot sbr now. Wide zone that on this 4hr. Price above 61.8% of the CDH-CDL move now. All 3 proximate zones on 4hr are wide.

4hr below