Cable Update (GBPUSD)

Yeah,

You'll probably get every bit of that,
like i just did...
Boy un-Eventful NON-Crack of 1.55!
She didn't eat her steel oat's this morning,
or what?!

Enjoy,
'Made it up, made it down, made it up,
made it down.
Takin' a nap!

Yesterday, bad trading for me.. lost 100pips..
Unexpected GBP will up to 5350..
Today, who long for GBP should gain some pips.. congratulation..
I am looking for short from top 5500...
Will it rebound to 5300..??
Any comment?/http://www.forexfactory.com/images/icons/icon6.gif

Lookin at that 1.5520 TP. Short order @ 1.5530.... if order is activated look for 1.5540/50 to hold the topside for a retrace to the short side.

I know everyone thinks that its as simple as following the trend but as per my charts this has now overshot the uptrend lines - I know ive been bearish for the last couple of weeks (even though longer terms I think GBP would rise) this move has come too quickly - It might very well be some big short has covered his trade, BNY Mellon, Goldman, BNP Paribas have all been knocking on every door and saying that GBP will rise and to buy GBP - so everyone is altruistic and everyone wants us to make money - it should be as simple as that - then look at GBP buying accross the board against most major currencies except EUR at 7:00AM in the morning when I'm sure none of us was going in with a position. Maybe everything is hunky dory and we will see 1.6 but I think the last laugh will at our cost. So well done on the longs for holding their positons and making a profit. I'm sitting on sidelines with my short positions still open looking for an opportunity to close them - if I get one well and good if I dont then I will seriously consider not trading GBP/USD until normality returns.

if i die i wont die easily
hope we will meet again tomorrow if i can escape this dangerous GB.

Hey everyone

I went short @ 1.5500.. looking to reach 1.5450
what are the chances of that happening from what you see??
please let bullish traders respond to get an opinion from traders going against my trade

Thanks.

what made u go short..?

My indicators say the trend is exhausted and turning down
Fund. announcements for GBP today were all neg
no idea why its going up soo fast
last three candles in the 1hr chart I have show that the buyers arent holding up anymore... im expecting a strong bullish candle soon

I think it might retrace to 1.54258-1.5450 area before trying to settle in the 1.55-15530 area.

wew

hihihihi

It could reverse from top of channel TL if i am not wrong? Comments please

Balaji

we have been expecting price reverse since a long time... Now i`m buyer for months to come...

Bro, It's always better to stay alive to fight another day...Believe me..

Thats where my order to short is..... plus 1.5540 is nice ressistence also.

as long as we stay below 1.5505 it could be logical to go short, but there is not any bearish setup at all.
It could take a few hours for me to enter short, but i wont be long anymore today unless the pair falls towards 1.5381 and than decides to go up again.

Of course it could. And I think it will as we're seeing significant overbuying on all time frames and that an appropriate retrace towards the bottom of the channel should occur at some point. But the trend for today is very strong. It has been since yesterday. I think it will try to settle somewhere at the top of this channel today between 1,5530 and 155.50.

Just my opinion.

is it already die or will rise up again...well whatever it is lets bring it on...

well now its time to play it serious.

I'm going to try and get long on a retrace over the next couple of days with my TP zone around 1.5680 / 1.5700

well this is must be a though day. have u close all your trade mr kingindian?u open so many shorts before..

short 1.55 TP 1.48 lol will move down SL with every 50 pip move toward 1.48 lol