Cable Update (GBPUSD) | Page 43630 | 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)

  • #872,581
  • Mar 1, 2026 11:28pm Mar 1, 2026 11:28pm
Quoting Guy1969
In the current geopolitical scenario, I see risk flows out of AU and NZ into EUR. So I'm keeping long EURAUD, targeting 1.6740, and long EURNZD, targeting 1.9850.
hi bro, u mind explaining why was there a plunge in Euraud and eurnzd though the market sentiment seems not to be accepting risk but yet it strengthen against eur.? Is it the eur weakness that cause that?
  • #872,582
  • Mar 1, 2026 11:52pm Mar 1, 2026 11:52pm
Could get an up move now.
bears need extra careful.


1.342 to above 1.35
  • #872,583
  • Mar 1, 2026 11:55pm Mar 1, 2026 11:55pm
Time to take long eu and gu
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2026-03-02-07-53-30-137_net.metaquotes.metatrader4-edit.jpg Size: 603 KB
yes yes yes
  • #872,584
  • Mar 1, 2026 11:56pm Mar 1, 2026 11:56pm
Quoting Zeiferz
{quote} hi bro, u mind explaining why was there a plunge in Euraud and eurnzd though the market sentiment seems not to be accepting risk but yet it strengthen against eur.? Is it the eur weakness that cause that?
It's Monday, and what happens during Asia is part of the setup. Here's the EURNZD chart, price went for the pivot, and that was my long entry. At the same time, AUD and NZD started running lower. So, it's about timing the trade. I try to always enter inside a price zone or pivot, it gives me the least drawdown, and I'm able to get away with a smaller stop. I'm now closing the 1st long position for 52p.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
  • #872,585
  • Mar 2, 2026 12:24am Mar 2, 2026 12:24am
Quoting Guy1969
{quote} It's Monday, and what happens during Asia is part of the setup. Here's the EURNZD chart, price went for the pivot, and that was my long entry. At the same time, AUD and NZD started running lower. So, it's about timing the trade. I try to always enter inside a price zone or pivot, it gives me the least drawdown, and I'm able to get away with a smaller stop. I'm now closing the 1st long position for 52p. {image}
If the dollars strengthen, does it affect these pairs or is it mainly just risk sentiment?
  • #872,586
  • Mar 2, 2026 12:26am Mar 2, 2026 12:26am
Quoting Whale
Could get an up move now. bears need extra careful. 1.342 to above 1.35
guess not.
but im out my shorts at 1.341 and will be sideways
  • #872,587
  • Mar 2, 2026 12:27am Mar 2, 2026 12:27am
Quoting Zeiferz
{quote} If the dollars strengthen, does it affect these pairs or is it mainly just risk sentiment?
Risk sentiment, I'm trading the geopolitical scenario.
  • #872,588
  • Mar 2, 2026 12:32am Mar 2, 2026 12:32am
EURUSD, this was Friday's high and low, price on Friday extended 10p above the high, we are now roughly 8p away from Friday's low target.
My TP is set for 1.1730, but I expect lower.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
  • #872,589
  • Mar 2, 2026 12:33am Mar 2, 2026 12:33am
any analysis today would be a gamble.. its ok enjoy
  • #872,590
  • Edited 8:43am Mar 2, 2026 12:55am | Edited 8:43am
Quoting Ferna
{quote} Look now you stupid idiot. You still buying more? You are underwater 150 pips now
nice discount to add skinny boy
skinny, watch and learn, maybe some day..
Attached Image (click to enlarge)
Click to Enlarge Name: 83d5baf5-e9f0-4970-b803-19b3a26e2c41.gif Size: 58 KB
People don't plan to lose. They lose because they don't plan.
  • #872,591
  • Mar 2, 2026 12:59am Mar 2, 2026 12:59am
Quoting Georginson
{quote} Caution guys, today is the last trading day of the month and price has developed a bearish hint to end the month as expected weekly and monthly ranges are not complete yet. If we are to see at least 350 pips range this month and 200 pips range this week, price will be poised to attack 1.3370 area and a rapid bounce to 1.3433 current support will turn resistance. Trade with utmost caution.
Now is about time to fill the gap at 1.3480... long is suitable from 1.337x to target 1.3480.
Data + Stat + Risk/Emotions Management
  • #872,592
  • Mar 2, 2026 1:00am Mar 2, 2026 1:00am
Took 90p on EURUSD and 120p on GU short.
  • #872,593
  • Mar 2, 2026 1:13am Mar 2, 2026 1:13am
DXY_H4 update. Price broke thru the 98.100 zone, next zone will be the optimal risk support.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
  • #872,594
  • Mar 2, 2026 1:23am Mar 2, 2026 1:23am
Long risk, even a 15/20p early entry on GU and EU is worth it.
  • #872,595
  • Mar 2, 2026 1:26am Mar 2, 2026 1:26am
Monthly pivot 3551. It will get hit at some point. They'll use excuse of news. However, there is something at 3495, which I expect to also get hit sooner. I have closed my shorts and will wait to hunt longs much later.
  • #872,596
  • Mar 2, 2026 1:36am Mar 2, 2026 1:36am
Quoting Mitiblotch
Monthly pivot 3551. It will get hit at some point. They'll use excuse of news. However, there is something at 3495, which I expect to also get hit sooner. I have closed my shorts and will wait to hunt longs much later.
I entered 6 long risk trades, because GU and EU hit St.Dev3. I might be a bit early, but it's tough to push price past St.Dev3.
  • #872,597
  • Mar 2, 2026 1:48am Mar 2, 2026 1:48am
Quoting Guy1969
{quote} I entered 6 long risk trades, because GU and EU hit St.Dev3. I might be a bit early, but it's tough to push price past St.Dev3.
Yeah! Makes sense. I'll jump on once I get a break of structure even on the 1min.
  • #872,598
  • Mar 2, 2026 2:04am Mar 2, 2026 2:04am
Ok, based on the H1 range, I get 1.3485 as the long target.
  • #872,599
  • Mar 2, 2026 2:15am Mar 2, 2026 2:15am
Quoting Guy1969
Ok, based on the H1 range, I get 1.3485 as the long target.
what about EU?

i just enter 1.1717 long
  • #872,600
  • Mar 2, 2026 2:22am Mar 2, 2026 2:22am
Quoting Guy1969
Ok, based on the H1 range, I get 1.3485 as the long target.
Similar to my 3495
316 traders viewing now, 2 are registered:
,
Fishbones