Cable Update (GBPUSD) | Page 43805 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #876,081
  • Jul 15, 2026 9:31pm Jul 15, 2026 9:31pm
Itching to go short. Targeting the 1.3088 area.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2026-07-15_21-26-29_56335.png Size: 28 KB
Time turns trend. - W.D. Gann
  • #876,082
  • Jul 16, 2026 2:00am Jul 16, 2026 2:00am
Quoting Guy1969
I pulled the trigger @ .3528. Will take whatever the market gives me.
Closed B/E, this pair has other plans it seems.
  • #876,083
  • Jul 16, 2026 3:27am Jul 16, 2026 3:27am
Quoting Haroonz98
My entry for short is 1.35444 sl 1.35679 and tp is 1.35217
Tp hit close my trade as it still has room to go to PMH which is 1.34830
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2026-07-16 132731.png Size: 9 KB
  • #876,084
  • Jul 16, 2026 3:48am Jul 16, 2026 3:48am
Quoting Guy1969
{quote} Closed B/E, this pair has other plans it seems.
Friend,

What do you think about the pair and why... lets have your view ?

Thinking it's going to 1.36xx before 1.348x ...

l am seeing signs of exhaustion as well here....

Thanks...
Market Structure is the King.....
  • #876,085
  • Jul 16, 2026 4:00am Jul 16, 2026 4:00am
Quoting Abeylyn
{quote} Friend, What do you think about the pair and why... lets have your view ? Thinking it's going to 1.36xx before 1.348x ... l am seeing signs of exhaustion as well here.... Thanks...
I suspect we range throughout London with manipulation. No real distribution until New York. Which way it goes I am not sure but one thing is I wouldn't be trusting the first move after 1pm
  • #876,086
  • Jul 16, 2026 4:09am Jul 16, 2026 4:09am
Quoting Abeylyn
{quote} Friend, What do you think about the pair and why... lets have your view ? Thinking it's going to 1.36xx before 1.348x ... l am seeing signs of exhaustion as well here.... Thanks...
I see some selling pressure as well, 1.347x will prove strong support. I prefer to buy lower, so not in a trade atm.
  • #876,087
  • Jul 16, 2026 4:35am Jul 16, 2026 4:35am
Quoting Guy1969
{quote} I see some selling pressure as well, 1.347x will prove strong support. I prefer to buy lower, so not in a trade atm.
Thanks for the explanation. I have noticed you are also doing well hence the decision to rub mind with you...

I was Short from 1.3542.. with our friends Mitiblotch and PipCenturion and some others who entered prematurely. That was because that point represent an higher time frame resistant zone....

We shall try to push to Swing where you may likely be thinking of coming in... Swing Series 1 or Swing Series 2.

Again, price already surpassed the weekly range to the upside so it's nice to just risk going against the 4 hr. trend.

Have a nice day trading.
Market Structure is the King.....
  • #876,088
  • Jul 16, 2026 4:47am Jul 16, 2026 4:47am
Quoting Abeylyn
{quote} Thanks for the explanation. I have noticed you are also doing well hence the decision to rub mind with you... I was Short from 1.3542.. with our friends Mitiblotch and PipCenturion and some others who entered prematurely. That was because that point represent an higher time frame resistant zone.... We shall try to push to Swing where you may likely be thinking of coming in... Swing Series 1 or Swing Series 2. Again, price already surpassed the weekly range to the upside so it's nice to just risk going against the 4 hr. trend. Have a nice...
Minimum Takeprofit objective is completed at 1.3506. That is over 35 pips at harmonic link Fibonacci extension. Now watching out to see whether price will continue going down to 1.348x or retest a minor resistant at 1.353x...
Market Structure is the King.....
  • #876,089
  • Jul 16, 2026 4:50am Jul 16, 2026 4:50am
Quoting Abeylyn
{quote} Thanks for the explanation. I have noticed you are also doing well hence the decision to rub mind with you... I was Short from 1.3542.. with our friends Mitiblotch and PipCenturion and some others who entered prematurely. That was because that point represent an higher time frame resistant zone.... We shall try to push to Swing where you may likely be thinking of coming in... Swing Series 1 or Swing Series 2. Again, price already surpassed the weekly range to the upside so it's nice to just risk going against the 4 hr. trend. Have a nice...
The thing to bare in mind as the week winds down is, the bears has allot of work to do if they want to take back the H4. 1.3370 is far away, putting the bulls in a commanding position on the D1 and H4 charts. I can therefore purely focus on the M30/H1 for the swing low. Fractal sup/ bullish divergence should do the trick. Good luck.
  • #876,090
  • Jul 16, 2026 5:02am Jul 16, 2026 5:02am
The price is currently in the CLIMAX zone of this movement; the bullish trend remains intact, but a pullback is now due, bringing the price down to the 1.3420 area.

I am looking for buy signals in that zone. Today's news could help drive the price to that level.
Attached Image (click to enlarge)
Click to Enlarge Name: Image 2.png Size: 154 KB
  • #876,091
  • Jul 16, 2026 5:46am Jul 16, 2026 5:46am
Quoting Yngwie
Sold 1.3496
closed -5p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #876,092
  • Jul 16, 2026 5:52am Jul 16, 2026 5:52am
Quoting Abeylyn
{quote} Minimum Takeprofit objective is completed at 1.3506. That is over 35 pips at harmonic link Fibonacci extension. Now watching out to see whether price will continue going down to 1.348x or retest a minor resistant at 1.353x...
Last 30min. candle closed below 1.3506. Now looking for more downside.

Already taken 1st profit at 1.3506 and now at breakeven on the remaining trade.

Hoping to see more downside...

Note that this is purely an Intraday trade intended to push price to a Swing where buyers may likely takeover or a repricing new decision taken. My daily and 4 hr trend is already up... So need to be cautious.
Market Structure is the King.....
  • #876,093
  • Jul 16, 2026 5:53am Jul 16, 2026 5:53am
Quoting Yngwie
{quote} closed -5p
may I ask why you exited the trade? We just recently had another 15m confirmation to the downside
  • #876,094
  • Jul 16, 2026 6:00am Jul 16, 2026 6:00am
Quoting Headland
{quote} Hi. Well done. Re more downside - could be that we are in a' buy the dip' market re the strong up move this week so far? I'd be cautious/attentive to PA if holding short for larger scores, particularly around potential rbs, on the way down. I already have 1hr bullish hidden div on my 2 x oscillators, but this could develop further on any deeper downside p/back of the up-move, and might remain a valid repeating pattern so long as price stays above 3380 YL. Good Luck.
4hourly bullish BOS on DXY. Expecting to see more downside!
  • #876,095
  • Jul 16, 2026 6:00am Jul 16, 2026 6:00am
Quoting AK.47
{quote} may I ask why you exited the trade? We just recently had another 15m confirmation to the downside
It is always 50/50 chance and what you are seeing.. The only high probability is the 1st profit already taken because price can decide to do whatever.....
Market Structure is the King.....
  • #876,096
  • Jul 16, 2026 6:11am Jul 16, 2026 6:11am
Quoting Abeylyn
{quote} It is always 50/50 chance and what you are seeing.. The only high probability is the 1st profit already taken because price can decide to do whatever.....
Looking more like 1.345X loading.
Market Structure is the King.....
  • #876,097
  • Jul 16, 2026 6:14am Jul 16, 2026 6:14am
Quoting Abeylyn
{quote} It is always 50/50 chance and what you are seeing.. The only high probability is the 1st profit already taken because price can decide to do whatever.....
For sure, your original entry was a high probability trade, but I can't lie I see a decent enough probability in a sell setup currently, due to an HTF Bullish BOS on DXY, multiple 15m confirmations to the downside, and also Hourly BOS to the downside, which we have been for quite a while now.
  • #876,098
  • Jul 16, 2026 6:14am Jul 16, 2026 6:14am
Quoting Headland
{quote} Hi. Thanks. Good luck.
Absolutely, mate! Likewise
  • #876,099
  • Jul 16, 2026 6:15am Jul 16, 2026 6:15am
Quoting Headland
{quote} Hi. Well done. Re more downside - could be that we are in a' buy the dip' market re the strong up move this week so far? I'd be cautious/attentive to PA if holding short for larger scores, particularly around potential rbs, on the way down. I already have 1hr bullish hidden div on my 2 x oscillators, but this could develop further on any deeper downside p/back of the up-move, and might remain a valid repeating pattern so long as price stays above 3380 YL. Perhaps many are expecting a test of 3452 LWH? Anything can happen. Good Luck. NB:...
Infact, I already sent my observation before reading your comment.

1.345X loading, then repricing if we encounter a bounce..

My position is validated by technicals which correspond with LWH.

Thanks for your contribution..

When one send message and ask for contribution, many new bee successful always believe we are fools never knew we all have our own edge. It's always funny when some idiots on Demo account with extremely high TE start approaching you to buy a monthly subscription courses. In the name of learning harmonics or whatever, meanwhile they are not trading harmonics themselves.

He is gambling on a DEMO. Please don't follow him.

God will punish all the idiots that present themselves here to deceive and exploit other traders.

The genuine ones that collect pay for disclosing there edge and the free givers, God will reward you accordingly.

How can human be so wicked ? Aaabbbah
Market Structure is the King.....
  • #876,100
  • Jul 16, 2026 6:16am Jul 16, 2026 6:16am
Quoting AK.47
{quote} For sure, your original entry was a high probability trade, but I can't lie I see a decent enough probability in a sell setup currently, due to an HTF Bullish BOS on DXY, multiple 15m confirmations to the downside, and also Hourly BOS to the downside, which we have been for quite a while now.
another Break at 15m, I'm not looking for buys anytime soon.
300 traders viewing now, 3 are registered:
cp007
,
luisinho
,