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Cable Update (GBPUSD)

  • #873,241
  • Mar 23, 2026 4:18am Mar 23, 2026 4:18am
Crude_OIL. IF this plays out, the world is in for one of the worst energy crisis in decades.
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  • #873,242
  • Mar 23, 2026 4:19am Mar 23, 2026 4:19am
G/M. Opening gap down was to just below YL, which closed with move up from there to AH/CDH, and then a drop to AL/CDL in a prev 30min sw lo zone = prev supp x 1 now = pot supp, where a bounce up occurred in late Asian/early London session. London session has now sold off it's current hi - a prev 30min sw hi zone = pot res now. No b/o either way of today's AH or AL, so far today.

1hr below
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Trader with an Edge.
  • #873,243
  • Mar 23, 2026 4:38am Mar 23, 2026 4:38am
Gold. Perfect bounce. I caught $100 move up from 4108. The yellow and black averages are daily 200SMA and WMA. Price broke above them in 2023 and stayed above ever since. I don't think price will break below it easily.
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  • #873,244
  • Mar 23, 2026 4:59am Mar 23, 2026 4:59am
...so, big sell-off from current London session hi, (last prev 1hr sw hi,)and a 1st downside b/o of today's AL to a new CDL/CWL resulted. Not much risk about so far.

4hr, with 10/20/40 ema crosses graphic, below.
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Trader with an Edge.
  • #873,245
  • Mar 23, 2026 5:04am Mar 23, 2026 5:04am
Quoting Georginson
{quote} Below 1.3349 is now heavily bearish for possible assault on 1.3132.
Below 1.3349 is bearish... Bulls only stand a chance if price trades above 1.3349 with just 7 trade days left This Month.
Data + Stat + Risk/Emotions Management
  • #873,246
  • Mar 23, 2026 5:07am Mar 23, 2026 5:07am
Ok, we now have a situation where 1.3293 is equilibrium. IF sustained selling continues, the range low becomes 1.3075.
  • #873,247
  • Mar 23, 2026 5:19am Mar 23, 2026 5:19am
From a DXY perspective, we now have to watch 101.10 for a fail.
  • #873,248
  • Mar 23, 2026 5:24am Mar 23, 2026 5:24am
I think DXY will go up, cause' conflict, Trump give oil companies make money, a lot of countries will buy dollars(((...
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  • #873,249
  • Mar 23, 2026 5:25am Mar 23, 2026 5:25am
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yes yes yes
  • #873,250
  • Mar 23, 2026 6:05am Mar 23, 2026 6:05am
...84% of 30day adr traveled so far today. @/around 3218 LWL/CML/CYL, is both Dly S2 and Wkly S1. Next maybe most significant pot supp below it is the prev 1hr/4hr/dly sw lo zone = pot supp that extends down to 3179. Re longer-term fibs below it, 3212, then 3189 (38.2% 2100-3870,) 3158, then 3150, are the next few.

1hr below
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Trader with an Edge.
  • #873,251
  • Mar 23, 2026 6:07am Mar 23, 2026 6:07am
Goodness, GU a 170pip bounce
  • #873,252
  • Mar 23, 2026 6:09am Mar 23, 2026 6:09am
Quoting Guy1969
Goodness, GU a 170pip bounce
Crazy stuff.
  • #873,253
  • Mar 23, 2026 6:18am Mar 23, 2026 6:18am
Trump claims

US held ‘very good and productive’ talks with Iran on ending war. The US president says his administration has held “very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East” with Iran over the past two days.

“Based on the tenor and tone of these in depth, detailed, and constructive conversations, witch will continue throughout the week, I have instructed the department of war to postpone any and all military strikes against Iranian power plants and energy infrastructure for a five day period, subject to the success of the ongoing meetings and discussions,” he said in all caps on his Truth Social page.
  • #873,254
  • Mar 23, 2026 6:19am Mar 23, 2026 6:19am
Quoting Moty
{image}
Your trade hit TP. Maybe now that Trump has said no striking of Iran energy facilities for 5 days price might just go and hit monthly pivot for GU and EU. Interesting days.
  • #873,255
  • Mar 23, 2026 6:20am Mar 23, 2026 6:20am
Quoting Guy1969
Trump claims US held ‘very good and productive’ talks with Iran on ending war. The US president says his administration has held “very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East” with Iran over the past two days. “Based on the tenor and tone of these in depth, detailed, and constructive conversations, witch will continue throughout the week, I have instructed the department of war to postpone any and all military strikes against Iranian power plants and energy infrastructure...
How do these algos react that quickly. We were looking at price hitting 31xx and suddenly price is now looking up.
  • #873,256
  • Mar 23, 2026 6:22am Mar 23, 2026 6:22am
Quoting W0lfram
Existing gaps on ${image} Settlement close used, hence large n{image} {image} since when ff compress pictures? everything looks blurry/pixelated
Good. Way to go.
Donnie knows when to tweet
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Air force
  • #873,257
  • Mar 23, 2026 6:23am Mar 23, 2026 6:23am
Quoting Mitiblotch
{quote} How do these qlgos react that quickly. We were looking at price hitting 31xx and suddenly price is now looking up.
One has to wonder, I don't want to know how many sell stops got taken out in that move. 170 pips is brutal.
  • #873,258
  • Mar 23, 2026 6:26am Mar 23, 2026 6:26am
Quoting Guy1969
{quote} One has to wonder, I don't want to know how many sell stops got taken out in that move. 170 pips is brutal.
And it appears to me these things are planned ahead of time. Once they don't want price getting to a certain area, they must have a way they send the information to the biggest movers in a very encrypted format, then they make statements to change price instantly.

My GU short SL hit at 3340.
  • #873,259
  • Mar 23, 2026 6:35am Mar 23, 2026 6:35am
Quoting Mitiblotch
{quote} How do these algos react that quickly. We were looking at price hitting 31xx and suddenly price is now looking up.
Pure MANIPULATION... better not to use stop and just reduce stake to accommodate their madness.
Data + Stat + Risk/Emotions Management
  • #873,260
  • Mar 23, 2026 6:40am Mar 23, 2026 6:40am
IF GU price returns to 1.3293, then the market is sceptical on what Trump claims.
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