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Cable Update (GBPUSD)

  • #871,041
  • Jan 11, 2026 1:05pm Jan 11, 2026 1:05pm
Quoting Wavegarrick

  1. Trading conditions: What spreads, commissions, and leverage do you offer, and are they fixed or variable?

btw, if people go and check those TE's there are no trading costs. No spread accounted in profit calculation. Thus, TE is at the very least misleading.
Free trading...

(if, by some miracle, proven scam broker has 0 spread but some fixed commission - TE doesn't take this into account, thus remains fake)
Few other TE I checked do have spreads/fees.
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Air force
  • #871,042
  • Jan 11, 2026 2:41pm Jan 11, 2026 2:41pm
The GBPUSD price action on the daily time frame is bearish. Although the price action is at the 1.33980 horizontal support area, recent technical prints favour further southward price action, perhaps to retest an intra-day area of value such as the 1.33500 horizontal support or the market imbalance below it.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #871,043
  • Jan 11, 2026 4:56pm Jan 11, 2026 4:56pm
GBPUSD M30 still looks like a continuation sell for me. Price is trading below the Breakout Edge step line, and the recent pullback into the step resistance around 1.3410 to 1.3416 failed, which keeps the bearish structure intact. I am looking for continuation toward 1.33824, with 1.33885 as an intermediate level. My invalidation is a reclaim above the step line and especially above 1.34245, since that would signal the pullback is turning into a reversal.
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  • #871,044
  • Jan 11, 2026 11:57pm Jan 11, 2026 11:57pm
GBPUSD M30 still looks like a continuation sell for me. Price is trading below the Breakout Edge step line, and the recent pullback into the step resistance around 1.3410 to 1.3416 failed, which keeps the bearish structure intact. I am looking for continuation toward 1.33824, with 1.33885 as an intermediate level. My invalidation is a reclaim above the step line and especially above 1.34245, since that wohttps://www.forexfactory.com/attachm...6?d=1768172149uld signal the pullback is turning into a reversal.
  • #871,045
  • Jan 12, 2026 12:56am Jan 12, 2026 12:56am
Quoting Guy1969
The bulls looks good on the M15, so I'm going for the H4 SMA100 1.3457
Taking partial 36p at this zone.
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  • #871,046
  • Jan 12, 2026 1:08am Jan 12, 2026 1:08am
Bias SHORT GU .....let's have it
  • #871,047
  • Jan 12, 2026 2:13am Jan 12, 2026 2:13am
SMA100, TP hit for 56p. Now I'm on the sidelines.
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  • #871,048
  • Jan 12, 2026 2:20am Jan 12, 2026 2:20am
Inserted Video
  • #871,049
  • Jan 12, 2026 3:51am Jan 12, 2026 3:51am
Hi,
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  • #871,050
  • Jan 12, 2026 4:44am Jan 12, 2026 4:44am
Here's my H4 GU outlook for this week. 1.35 is the new week's pivot, 1.3365 the low, and 1.3639 the high.
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  • #871,051
  • Edited 5:08am Jan 12, 2026 4:55am | Edited 5:08am
Here's my H4 EU outlook for this week. 1.1727 is the new week's pivot, 1.162 the low, and 1.1840 the high. I have an active long trade on EU, with the pivot the target, at which point I'll go short.
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  • #871,052
  • Jan 12, 2026 5:43am Jan 12, 2026 5:43am
Quoting W0lfram
{quote} Meanwhile, if this guy can get past 1.341, probably (~70%) will head towards ~1.325-1.32{image}
Sharp bounce from Dec POC during NFP release and new episode of FED independence drama. Expectation were not met; not this time around, despite weekly close @1.34. Riding longs for now

Currently both GU and EU @ yearly 1/2 range, GU at yearly open. Usually choppy around such levels

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Air force
  • #871,053
  • Edited 6:00am Jan 12, 2026 5:47am | Edited 6:00am
Well done GU. Broke prev. lowest Jan(2024) range record by 2 pips
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Mid range and almost mid month are not the safest conditions to build forecasts for range expansion tho
Air force
  • #871,054
  • Jan 12, 2026 6:34am Jan 12, 2026 6:34am
Quoting Waveskierrob
Bias SHORT GU .....let's have it
still SHORT bias GU, come on my baby...
  • #871,055
  • Jan 12, 2026 6:53am Jan 12, 2026 6:53am
Quoting Waveskierrob
{quote} still SHORT bias GU, come on my baby...
I went long @1.3455 again, M15 still bulls, my target 1.3503
  • #871,056
  • Jan 12, 2026 7:44am Jan 12, 2026 7:44am
Quoting Guy1969
{quote} I went long @1.3455 again, M15 still bulls, my target 1.3503
good call...so far...
  • #871,057
  • Jan 12, 2026 7:57am Jan 12, 2026 7:57am
Quoting Bloodwish
https://youtu.be/iP1bTfkeZ1s
Target hit
  • #871,058
  • Jan 12, 2026 8:07am Jan 12, 2026 8:07am
added short " 1.34817 sl 15 tp 60
Keep the Lights on then you can catch the rise from the dark.
  • #871,059
  • Jan 12, 2026 8:33am Jan 12, 2026 8:33am
Changing margin requirements can't hold this down,
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #871,060
  • Jan 12, 2026 9:24am Jan 12, 2026 9:24am
After 5 hours in the range, it's looking to continue finally.

Long since last Friday, hoping it'll travel to 1.35
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Waveskierrob