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Cable Update (GBPUSD)

  • #873,901
  • Apr 14, 2026 2:33am Apr 14, 2026 2:33am
Quoting Georginson
{quote} That pivot is my target... 1.3675 is the projected high for this April as far as price trades above 1.3330... then a deep crash after this Bull Run... April 17 is suspected to be the day the final high may happen. Check out April 2018 and April 2025.... I will start buying once price drops back to 1.3480 area {image} {image}
It might very well happen. I hope your TP hits. I'm not in a GU trade. It refused to come down and I have also refused to buy high. I closed all my buys yesterday. I wanted to buy 3466 again yesterday but missed it due to work and overanalysis.
  • #873,902
  • Apr 14, 2026 3:16am Apr 14, 2026 3:16am
Quoting Georginson
{quote} We are in the second quarter of the year and April marks the first month of the second quarter which usually produces 450 to 520 pips exactly like January. Here are the possible scenarios (Simulations) April expected range 500 pips ✓Current Low 1.3175 + 500 pips = 1.3675 ✓Current High 1.3483 - 500 pips = 1.2983 1.3675 OR 1.2983 to happen Decider Stat 1.3675 + 1.2983 ÷ 2 = 1.3330 ✓Above 1.3330 points at 1.3675 ✓Below 1.3330 points at 1.2983 Watch out for either of these prices.
Once a deal is agreed, they will use that as an excuse to attack 1.3675... and maybe 1.38 for second retest of the year high... Dark times for bears this April...

Sell will be closed at 1.3490 instead.
Data + Stat + Risk/Emotions Management
  • #873,903
  • Edited 4:02am Apr 14, 2026 3:48am | Edited 4:02am
Quoting Headland
...could see a 9th consecutive bullish-bodied 4hr candle close @ top of this hour, (on my charting @ least.) A rare occurrence on any t/f, let alone this one! 1hr and 4hr in general uptrends, and intraday bullish so far. 1hr below {image}
The consecutiveness of bull move is absolutely weird... At least some pull back ought to occur in the candles...

It has more to do with market usual intent to significantly weaken the dollar in April... So they will make all technical and fundamental forces to drag USD down.
Data + Stat + Risk/Emotions Management
  • #873,904
  • Apr 14, 2026 4:01am Apr 14, 2026 4:01am
Quoting Georginson
{quote} The consecutiveness of bull move is absolutely weird... T least some pull back ought to occur in the candles... It has more to do with market usual internet to significantly weaken the dollar in April... So they will make all technical and fundamental forces to drag USD down.
oil price control the market sentiment.
  • #873,905
  • Apr 14, 2026 4:04am Apr 14, 2026 4:04am
Inserted Video
  • #873,906
  • Apr 14, 2026 4:16am Apr 14, 2026 4:16am
Attached Image (click to enlarge)
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Η. --- Enough is INAF..........................

  • #873,907
  • Apr 14, 2026 4:35am Apr 14, 2026 4:35am
Quoting Moty
{image}
i made a mistake there
needed to wait for candle close and band's breakdown
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gu1.png Size: 107 KB
yes yes yes
  • #873,908
  • Apr 14, 2026 5:11am Apr 14, 2026 5:11am
Quoting Bflyfx
{quote}
Eu resistance 1.1825
I only follow traders with IQ above 160
  • #873,909
  • Edited 6:10am Apr 14, 2026 5:54am | Edited 6:10am
Quoting W0lfram
{image} {image}
EU futures closed the gap, but Spot not yet
DX also on its way
Attached Image (click to enlarge)
Click to Enlarge Name: 6E1!_2026-04-14_12-52-08_510be.png Size: 82 KB

Attached Image (click to enlarge)
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Quoting W0lfram
{quote} Reached. Risky short 1.348 Options activity pointing to 1.355
First short in a new cycle, 1.3555

Short EU 1.1795. Pending @ 1.1865
Attached Image (click to enlarge)
Click to Enlarge Name: photo_2026-04-14_12-40-37.jpg Size: 61 KB

(*last chart isn't mine*)
Air force
  • #873,910
  • Apr 14, 2026 6:00am Apr 14, 2026 6:00am
Trump is happy as fast as Dollar is weak...
Data + Stat + Risk/Emotions Management
  • #873,911
  • Apr 14, 2026 6:05am Apr 14, 2026 6:05am
Quoting Headland
...shallow downside p/backs getting quickly bought for the slight discount, so far today, - from today's AL/CDL inclusive, (which in itself was a slight downside p/back from YH.) 1hr, then Average ranges graphic, below. {image} {image}
That analysis below is an indication that the current price movement is purely abnormal.....

Higher than the past 6 months average..
Market Structure is the King.....
  • #873,912
  • Apr 14, 2026 6:09am Apr 14, 2026 6:09am
Quoting W0lfram
Existing gaps on ${image} Settlement close used, hence large n{image} {image}
Interesting, the mean time to close the gap of that size is 33.6 days, we're in t_32
The problem is - there are gaps below, as well
Attached Image (click to enlarge)
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Air force
  • #873,913
  • Apr 14, 2026 6:35am Apr 14, 2026 6:35am
Quoting Abeylyn
{quote} That analysis below is an indication that the current price movement is purely abnormal..... Higher than the past 6 months average..
Absolutely abnormal... Even if price is to travel this far, there ought to be 40 - 70 pips correction but not in this case.

We are already 400 pips up this April and almost 200 pips up this Week, this type of scenario will likely see a very quick price drop in just one candle. Only patience and risk management can save one in this scenario.

As buyers can easily get trapped and sellers are bleeding too currently which makes it very difficult.
Data + Stat + Risk/Emotions Management
  • #873,914
  • Apr 14, 2026 6:38am Apr 14, 2026 6:38am
Quoting W0lfram
{quote} Interesting, the mean time to close the gap of that size is 33.6 days, we're in t_32 The problem is - there are gaps below, as well{image}
if price will fill it, and lets say break Previous month low..
i would say, bearish $ long term.
Attached Image (click to enlarge)
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  • #873,915
  • Apr 14, 2026 6:41am Apr 14, 2026 6:41am
Quoting Mitiblotch
For those who don't understand what the market is doing, here is a helpful map. Personally, I would love to buy again but not at this height, and I will not touch the sell button. {image}
I'm with you on that, I've been on the sidelines since market open yesterday, waiting for the right entry, in these conditions you have to allow price to come to you.
  • #873,916
  • Apr 14, 2026 6:56am Apr 14, 2026 6:56am
Attached Image (click to enlarge)
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yes yes yes
  • #873,917
  • Apr 14, 2026 7:13am Apr 14, 2026 7:13am
My GU H4 pivot is 1.3388, which means GU will touch 1.3610.
  • #873,918
  • Apr 14, 2026 7:18am Apr 14, 2026 7:18am
Quoting Georginson
Its now 341 pips range this April of Expected 500 pips... A pull back of 80 - 100 pips is near to around 1.3460 where bulls may kick in again. Sold at 1.3522.. target 1.3462
Sell 2 added at 1.3574... target for both is 1.3500

Distance must be obeyed... Sell 3 limit at 1.3620 ... I'm ready to be a full bear now to 1.3500
Data + Stat + Risk/Emotions Management
  • #873,919
  • Apr 14, 2026 7:21am Apr 14, 2026 7:21am
Quoting Georginson
{quote} Sell 2 added at 1.3574... target for both is 1.3500 Distance must be obeyed... Sell 3 limit at 1.3620 ... I'm ready to be a full bear now to 1.3500
I think you are 40p too early.
  • #873,920
  • Apr 14, 2026 7:25am Apr 14, 2026 7:25am
Quoting Guy1969
{quote} I think you are 40p too early.
I trust my martingale approach, I will still add another sell if it touches 1.3620
Data + Stat + Risk/Emotions Management
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