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Cable Update (GBPUSD)

  • #874,721
  • May 18, 2026 8:10am May 18, 2026 8:10am
Sell limit for 10 pips
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  • #874,722
  • May 18, 2026 9:03am May 18, 2026 9:03am
Quoting AlfieSolomon
Sell limit for 10 pips {image}
Take profit hit 100$ banked what a good trade
  • #874,723
  • May 18, 2026 9:52am May 18, 2026 9:52am
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5' --- Reversed to short here, NOW................

  • #874,724
  • May 18, 2026 10:06am May 18, 2026 10:06am
Quoting W0lfram
{quote} Closed 1.362 +270 and locking 1.364
Closed buy for 35
Air force
  • #874,725
  • May 18, 2026 11:02am May 18, 2026 11:02am
Quoting Wavegarrick
{quote} Solid support around this area for the upcoming week. Have a great week. Cheers. {image}
Took this trade at my support zone as highlighted, this morning. Currently 80 pips profit. 1st trade target at weekly pivot 1.34295.
Cheers.
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Trade to trade another day
  • #874,726
  • May 18, 2026 11:29am May 18, 2026 11:29am
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H. ---

  • #874,727
  • May 18, 2026 11:31am May 18, 2026 11:31am
Quoting Georginson
A buy from 1.3320 for a target of 1.3420... Next week possible bounce to 1.3420 - 1.3450 zone before further fall to 1.3220 zone likely. Trade with caution.
Target met +100 pips... Now switch to sell at 1.3430 and target 1.3280.
Data + Stat + Risk/Emotions Management
  • #874,728
  • Edited May 19, 2026 12:38am May 18, 2026 11:37am | Edited May 19, 2026 12:38am
Quoting fontu
Watching weekly sr 3154 and 2995 signals! Ok for 3449 try test resistance for next leg down ! {image} {image} {image}
So tested resistance 3449 and may to look for short opportunity but not blindly , ok still 3484 test try , if breaks then signal for bounce further with 1st confirmation 3533 for top target long , and for short to wait for minimal signal 3381 , ok earliest may 3403 breaks and hold type !

Update , test breaks 3403, then likely below 3381 , let's extension below 3345 to try bounce for last time!!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #874,729
  • May 18, 2026 11:56am May 18, 2026 11:56am
White House: Iran's latest offer was completely rejected because it was insufficient.
It was also reported that "from now on, bombs will be the ones that will conduct the negotiations."
  • #874,730
  • May 18, 2026 12:00pm May 18, 2026 12:00pm
Technically 1.34503 should act as resistance..
next target is 1.3285 minimum
  • #874,731
  • May 18, 2026 12:15pm May 18, 2026 12:15pm
Trump to New York Post: "Iran will soon know what will happen."


They are definitely playing with the market
  • #874,732
  • May 18, 2026 1:39pm May 18, 2026 1:39pm
A good day for the bulls, with a false 1st slight downside b/o of LWL - then boom! Consequently a bullish engulfing dly candle close later, is quite likely. Chart below shows where sbr supply came in @ the CDH/CWH. 50% of the recent 3653 LWH - 3302 CDL/CWL/CML down-move is @ 3478.

Dly below
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Trader with an Edge.
  • #874,733
  • May 18, 2026 1:46pm May 18, 2026 1:46pm
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5' --- That s better now. . .

  • #874,734
  • May 18, 2026 7:34pm May 18, 2026 7:34pm
Long GU, target 1.3510, long EU target 1.1715, long AU target 0.7220
  • #874,735
  • May 18, 2026 11:41pm May 18, 2026 11:41pm
Quoting Whale
Trump to New York Post: "Iran will soon know what will happen." They are definitely playing with the market
https://www.forexfactory.com/news/13...w-iran-strikes
So go with all ups and down as they swing promptly!! Anyway both loosers and as biggest to loose the biggest as well. On the other hand this loss become a bottle neck problem for Iran as they got time to chock it further with unlimited resources and middle east remain unshattered still , not killed their leaders , no damaged their military and most sensitive infrastructure they should've focused too rather than any in Israel !!
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #874,736
  • May 19, 2026 12:53am May 19, 2026 12:53am
Quoting Georginson
{quote} Target met +100 pips... Now switch to sell at 1.3430 and target 1.3280.

I think your sell for that specific target is to early? DXY h4 is not done comming down, yet.
  • #874,737
  • May 19, 2026 1:07am May 19, 2026 1:07am
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yes yes yes
  • #874,738
  • May 19, 2026 1:22am May 19, 2026 1:22am
Your setup is spot on. Since the daily IFVG held, the market now has the fuel to push up. That 1.3362X level is acting like a magnet for buy stops. Sweeping that liquidity first gives the big players exactly what they need to trap early sellers before the real, massive drop happens. It’s a classic trap.
  • #874,739
  • May 19, 2026 1:59am May 19, 2026 1:59am
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yes yes yes
  • #874,740
  • May 19, 2026 3:04am May 19, 2026 3:04am
The GBPUSD pair broke out of the triangle formed on H1, breaking through its upper edge, indicating bullish sentiment prevailing in the market. If the upward movement continues after a pullback to the broken edge of this triangle, the resistance level of 1.3490 could be a buy target.

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