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Cable Update (GBPUSD)

  • #875,401
  • Jun 26, 2026 12:59pm Jun 26, 2026 12:59pm
Today for GBPUSD price almost reached to TP1 but now its pulling back to EP level. Lets wait for tomorrow signal.
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  • #875,402
  • Jun 27, 2026 1:04am Jun 27, 2026 1:04am
Quoting Guy1969
{quote} I expect 1.3320 (H4 pivot) on Monday, then month-end kicks in.
As for me, I have 1.3265 before 1.3320 as upside target. 1.3160/1.3170 is also a significant Support level .

However, the 4 hour trend is still bearish and we are already seating around liquidity.

Therefore, it is impossible for me to take any position bull or bear until price reveal it's real direction.

Have a restful weekend.
Market Structure is the King.....
  • #875,403
  • Jun 27, 2026 10:24am Jun 27, 2026 10:24am
If look h4, it goes up for a moment, but channel h4 goes down, so it will go down, maybe in 1-2 day, it takes a lot of time to make this channel up.
1. 33500. Maybe. If Chanel h4 changes direction, maybe more than 1.33, 1.35.
  • #875,404
  • Jun 27, 2026 10:35am Jun 27, 2026 10:35am
Daily need correction up. New target daily 1.3050.
  • #875,405
  • Jun 28, 2:47pm (25 hr ago) Jun 28, 2:47pm (25 hr ago)
The GBPUSD price action on the H4 time frame is presently tackling the 1.31840 intra-day horizontal support. But the prevailing technical impulse favours bears more than bulls. So, we may still see further bearish price action to retest the 1.30840 longer-term horizontal support or an intra-day area of value.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #875,406
  • Jun 28, 10:35pm (17 hr ago) Jun 28, 10:35pm (17 hr ago)
Quoting AK.47
{quote} Appreciate the insight mate, and that's EXACTLY what I'm doing. I'm just frying my brain thinking the more volume I do, the harder it is for me to fail. But less is more. I've come to realize that now and since the last 2 weeks I've been so twatted out of my life that I hadn't even taken a trade in London or NY. I change that today if my setup arises Have a good one mate! Stay blessed!
took me a while to clock it too, but sitting on ur hands is legit the max tier skill to level up in this game. grinding volume on the charts all day is just npc labour lining the brokers pockets. real ones only pull the trigger when their exact setup prints lol. gl with the comeback hunt today mate
Work the system, don't let the system work you.
  • #875,407
  • Jun 29, 1:38am (14 hr ago) Jun 29, 1:38am (14 hr ago)
GU is at a strong support zone which has been holding the pair for more than a year now .....

GU still needs a correction , we migh see the pair retracing till 1.33000-400 which would be the ideal zone for me to look for shorts ...

On H1 we can see the pair trading in a symmetrical triangle ..
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  • #875,408
  • Jun 29, 1:42am (14 hr ago) Jun 29, 1:42am (14 hr ago)
Quoting Meer-Shayhak
GU is at a strong support zone which has been holding the pair for more than a year now ..... GU still needs a correction , we migh see the pair retracing till 1.33000-400 which would be the ideal zone for me to look for shorts ... On H1 we can see the pair trading in a symmetrical triangle .. {image} {image}
solid analysis mate!
  • #875,409
  • Jun 29, 1:46am (14 hr ago) Jun 29, 1:46am (14 hr ago)
1.3260 is all bulls can have all through this week. 1.3260 -1.3217 is the SnR.
  • #875,410
  • Jun 29, 2:05am (13 hr ago) Jun 29, 2:05am (13 hr ago)
Sold 1.3225
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #875,411
  • Jun 29, 2:35am (13 hr ago) Jun 29, 2:35am (13 hr ago)
Closed GU for 25p, there's resistance at Friday's high.
  • #875,412
  • Jun 29, 3:08am (12 hr ago) Jun 29, 3:08am (12 hr ago)
These low impact news actually do seem to create a medium lowish impact if in quick succession
  • #875,413
  • Jun 29, 4:10am (11 hr ago) Jun 29, 4:10am (11 hr ago)
Quoting Traderview
1.3260 is all bulls can have all through this week. 1.3260 -1.3217 is the SnR.
Same page on 1.3260 as the Resistant but 1.3217 is already rendered weak and powerless.

If the current resistant can hold, then I will be looking for more lower price reaction to 1.3160/65 and 1.3140.
Market Structure is the King.....
  • #875,414
  • Jun 29, 5:11am (10 hr ago) Jun 29, 5:11am (10 hr ago)
Shorted, tight sl
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  • #875,415
  • Jun 29, 6:06am (9 hr ago) Jun 29, 6:06am (9 hr ago)
Quoting 3xtazzy
Shorted, tight sl {image}
rest in peace to your position
  • #875,416
  • Jun 29, 6:39am (9 hr ago) Jun 29, 6:39am (9 hr ago)
Quoting Abeylyn
{quote} Same page on 1.3260 as the Resistant but 1.3217 is already rendered weak and powerless. If the current resistant can hold, then I will be looking for more lower price reaction to 1.3160/65 and 1.3140.
1.3217 is the q2 open price.
  • #875,417
  • Jun 29, 7:09am (8 hr ago) Jun 29, 7:09am (8 hr ago)
Quoting Yngwie
Sold 1.3225
close BE
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #875,418
  • Jun 29, 7:17am (8 hr ago) Jun 29, 7:17am (8 hr ago)
Get ready for the 1.3100 rate
  • #875,419
  • Jun 29, 7:43am (8 hr ago) Jun 29, 7:43am (8 hr ago)
Quoting opoku.01
{quote} rest in peace to your position
actually I decided to remove my SL, I wanted to see how the price reacted to friday’s high (1.32320). Seems like it’s slowing down now. Above that, I’ll take the loss.
  • #875,420
  • Jun 29, 7:52am (8 hr ago) Jun 29, 7:52am (8 hr ago)
Quoting 3xtazzy
{quote} actually I decided to remove my SL, I wanted to see how the price reacted to friday’s high (1.32320). Seems like it’s slowing down now. Above that, I’ll take the loss.
I share your speculation for cable direction. Price action on Monday does look bullish or at least weak bearish momentum... I suppose the unfolding of preceding days will reveal real direction
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