Cable Update (GBPUSD)

eu has a h4 temporary supp. level 1.17056

AUD is the most powerful till now

1.3548 looks good for sell entries.

Target 1.3428

SL 1.3578

The first course was eaten with pleasure, time for a second course.

The GBPUSD pair has approached the resistance level of 1.3543. Meanwhile, the RSI indicator is showing divergence. I'm considering selling from this level, targeting the support level of 1.3474.

.... on friday I had FOMO @H1 equil but H4 was my target,
waiting the TEACHER, to mark the homework.
Happy business week to everyone.

... 3347 is on my radar.

Best Setup This Week — GBPUSD Long
Price action does not lie. After scanning over ten pairs this weekend, one setup stood above everything else.
GBPUSD has been building a clean markup structure since the January 2025 spring at 1.2200. That move pushed all the way to 1.3750, pulled back hard to 1.3100 in March 2026, and has since recovered with strong bullish displacement candles. The structure is intact. Higher highs, higher lows, no ambiguity.
The current pullback from 1.3600 down to the 1.3440 zone is not a reversal. It is a retest. That area holds a fresh H4 order block, an unfilled fair value gap, and a confirmed H1 change of character. Three confluences lining up at the same level is not something you see every day.
The macro thesis is straightforward. Dollar weakness is the dominant theme right now. AUDUSD is pushing higher, USDCAD is breaking down, USDCHF is at multi-year lows. When every USD pair is telling the same story, you align with the flow rather than fight it. GBPUSD long is the cleanest expression of that theme.
What makes this setup stand out beyond the RR is the combination with EURGBP short. If GBPUSD pushes higher and EURGBP breaks lower at the same time, it confirms GBP strength from two directions. That kind of confirmation rarely shows up in textbook form.
Buy Limit: 1.3445 Stop Loss: 1.3390 Take Profit 1: 1.3600 Take Profit 2: 1.3750 RR to TP2: 1:5.6 Risk: 0.5%
Supplementary position — EURGBP Short
Sell Limit: 0.8710 Stop Loss: 0.8755 Take Profit 1: 0.8580 Take Profit 2: 0.8480 RR to TP2: 1:5.1 Risk: 0.5%
Both orders are limit orders sitting and waiting. No chasing, no market entries. If price comes to the level and shows a rejection candle on the 15-minute chart, the trade triggers. If it does not come, there is no trade. That discipline is what separates a setup from a gamble.
Patience is the edge.

This is already overturned by the market movers.

Current bias is to look for price reaction around 1.3590/1.3600 for Short term Sell opportunity. Until then, buying the gap up up up

A new H1 close below 1.3534 is all that's needed for the Bears to go on a selling spree.

Taking partial profit here, 7 positions still running:

EURUSD > long +50p
GBPUSD > long +45p
NZDUSD > long +55p
AUDUSD > long +55p

USDCAD > short +60p
USDCHF > short +24p
USDJPY > short +42p

DXY_H4.

Same news last week caused price to dump. This time it's making price rise. Love it. Not! Iran doesn't want the US meddling with their nuclear abilities. Anything and everything else can be discussed, but not the nuclear weapons.

I guess at this point everybody has a right to own nuclear weapons. But a country like Iran that sponsors all the terrorists in the middle East owning nuclear weapons is a great area.

Closing the last 7 positions for a collective 365pips, I'm settling for 696pips from 14 positions.

Excellent trades!

i think you are the 2nd course