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Cable Update (GBPUSD)

  • #873,361
  • Mar 25, 2026 10:55am Mar 25, 2026 10:55am
Quoting Abeylyn
I am Short GU from 1.3405 Stoploss 1.3445. TP 1.3350. Risk Management is key.
Closed all my Sell trade at 1.3367.

Seriously ranging market. Might be turning round again before final breakout.

We are very close to breaking out time up or down....
Market Structure is the King.....
  • #873,362
  • Mar 25, 2026 10:58am Mar 25, 2026 10:58am
DXY_M30. Visually, this is what I'm seeing. The market settled into a VAH and VAL with a pivot of 99.522.
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  • #873,363
  • Mar 25, 2026 12:26pm Mar 25, 2026 12:26pm
Starting from 16 March, here's the trading zones for GU on the H1 chart. A floor of 1.3238 and a ceiling of 1.34792
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  • #873,364
  • Mar 25, 2026 12:52pm Mar 25, 2026 12:52pm
This is what happened today to GU.

Beautiful setup, and exact hit at the low and high of the day by Floating Fibonacci Levels.

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  • #873,365
  • Mar 25, 2026 1:04pm Mar 25, 2026 1:04pm
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  • #873,366
  • Mar 25, 2026 1:10pm Mar 25, 2026 1:10pm
opened a long at 1.15787 on EU
  • #873,367
  • Mar 25, 2026 1:15pm Mar 25, 2026 1:15pm
Quoting Meer-Shayhak
opened a long at 1.15787 on EU
You're brave.

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  • #873,368
  • Mar 25, 2026 1:46pm Mar 25, 2026 1:46pm
Ok, we can now start to connect the dots on US troop deployments to the Middlle East. Yesterday news broke of 3000 armed US forces enroute to the Middle East. In total, that takes the US troop deployments across the Middle East to roughly 50k. Here's the latest from Trump:

White House says if Iran talks fail, Trump will ‘hit harder’
The White House has delivered a sharp message to Iran, saying President Donald Trump prefers a peaceful path but is prepared to escalate militarily if necessary.
“The President’s preference is always peace. There does not need to be any more death and destruction,” White House press secretary Karoline Leavitt told reporters.
“But if Iran fails to accept the reality of the current moment – if they fail to understand that they have been defeated militarily and will continue to be – President Trump will ensure they are hit harder than they have ever been hit before.”

So, the aim of yesterday's additional troop deployments was a US show of force, hoping that Iran would at least consider the 15 point proposal (Sent via. Pakistan), of which the highest priority was a cease fire. The next few days could be even more brutal than we've seen, since up until now, Iran has chosen Political and Military posturing over diplomacy.

Iran about 30 minutes ago said, they are monitoring concerning US military build-up close to one of their islands, they did not specify which Island, but we can assume they are reffering to Kharg Island. I don't know friends, this is a never ending story, and the markets are taking high and low blows on the fly. Trade Safe!
  • #873,369
  • Mar 25, 2026 2:10pm Mar 25, 2026 2:10pm
Intraday OF finally bearish.
  • #873,370
  • Mar 25, 2026 2:11pm Mar 25, 2026 2:11pm
Quoting Guy1969
Ok, we can now start to connect the dots on US troop deployments to the Middlle East. Yesterday news broke of 3000 armed US forces enroute to the Middle East. In total, that takes the US troop deployments across the Middle East to roughly 50k. Here's the latest from Trump: White House says if Iran talks fail, Trump will ‘hit harder’ The White House has delivered a sharp message to Iran, saying President Donald Trump prefers a peaceful path but is prepared to escalate militarily if necessary. “The President’s preference is always peace. There does...
It's indeed a tough one. The Iranian regime guys won't lay low or give up easily and I don't blame them. They can not just let their roughly 50-year grip on power slip away from their hands.

In any case, they'll learn one way or the other. If China and Russia stayed away then they should have got the gist. Throughout history the strong always bullies the weak. It has not changed till date.

It appears there might be very serious gap down in price come market open next week. Maybe, just maybe. I am out of my longs with profit. I'll fold my hands and watch.
  • #873,371
  • Mar 25, 2026 2:19pm Mar 25, 2026 2:19pm
Quoting Mitiblotch
{quote} It's indeed a tough one. The Iranian regime guys won't lay low or give up easily and I don't blame them. They can not just let their roughly 50-year grip on power slip away from their hands. In any case, they'll learn one way or the other. If China and Russia stayed away then they should have got the gist. Throughout history the strong always bullies the weak. It has not changed till date. It appears there might be very serious gap down in price come market open next week. Maybe, just maybe. I am out of my longs with profit. I'll fold my...
Agree, the June 2025 (Geneva) negotiations did not yield a "winner" as such, but it at least ended in a cease fire. What we have now is a dangerous situation where Trump wants to walk away with some form of victory. Mid-terms obviously putting pressure on Trump, to not only wrap up this war asap, but also start eating into restoring his approval ratings which fell to sub 36% since the start of the war.
  • #873,372
  • Mar 25, 2026 2:27pm Mar 25, 2026 2:27pm
GBPUSD_H1. The 330 zone could find support, given the location of SMA200, that trade would be as far as the pivot.
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  • #873,373
  • Mar 25, 2026 3:00pm Mar 25, 2026 3:00pm
The DXY m30 bulls are too heavy, the 99.70 won't hold.
  • #873,374
  • Mar 25, 2026 4:00pm Mar 25, 2026 4:00pm
It's been a ranging affair of 1.32 to 1.34 the whole of March so far and we are now due for price break out.

War broke out price refused to break down 1.32, now the war is gradually fading and price return to 1.33/1.34 area... With just 4 trade days left and price trading above the decider of 1.3349, there is possibility of 200+ pips range tomorrow or Friday which may aim 1.3517 zone as far as price keeps trading above 1.3349.

Trade with caution guys as the break out of price is very close.
Data + Stat + Risk/Emotions Management
  • #873,375
  • Mar 25, 2026 4:15pm Mar 25, 2026 4:15pm
Quoting Georginson
It's been a ranging affair of 1.32 to 1.34 the whole of March so far and we are now due for price break out. War broke out price refused to break down 1.32, now the war is gradually fading and price return to 1.33/1.34 area... With just 4 trade days left and price trading above the decider of 1.3349, there is possibility of 200+ pips range tomorrow or Friday which may aim 1.3517 zone as far as price keeps trading above 1.3349. Trade with caution guys as the break out of price is very close.
Hmm... the war is just starting.
  • #873,376
  • Mar 25, 2026 4:21pm Mar 25, 2026 4:21pm
Quoting Mitiblotch
{quote} Hmm... the war is just starting.
Tomorrow, 1.3330 and 1.3282 is at risk for GU. The short and medium term bias gets determined by the SMA200 and SMA100. M15 - D1, the only TF that's above SMA200 is the H1, that's heavy bearish imo.
  • #873,377
  • Mar 25, 2026 4:58pm Mar 25, 2026 4:58pm
Quoting Georginson
It's been a ranging affair of 1.32 to 1.34 the whole of March so far and we are now due for price break out. War broke out price refused to break down 1.32, now the war is gradually fading and price return to 1.33/1.34 area... With just 4 trade days left and price trading above the decider of 1.3349, there is possibility of 200+ pips range tomorrow or Friday which may aim 1.3517 zone as far as price keeps trading above 1.3349. Trade with caution guys as the break out of price is very close.
Hi, here's a scenario where I used the March 10th swing high as the ceiling, this gets us to 200 pips south? Bearing in mind that there were 2 failed attempts at the March 10 high. Just thinking.
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  • #873,378
  • Mar 25, 2026 7:05pm Mar 25, 2026 7:05pm
DXY.M30, fail @ 99.630 zone.
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  • #873,379
  • Mar 25, 2026 9:55pm Mar 25, 2026 9:55pm
Quoting Bakker
{quote} You're brave. {image}
Today
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  • #873,380
  • Mar 25, 2026 10:33pm Mar 25, 2026 10:33pm
bought gbpusd entry 1.33544
tp 1.34361
sl1.33482
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