Touching 100 hour SMA... Let's see... ![](https://resources.faireconomy.media/images/emojis/64/1f612.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/1f612.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/231b.png?v=15.1)
Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
DislikedIf your scenario is confirmed where are you looking for support?
BTW your support/resistance lines are hand drawn or you have an indicator to draw them to you?
Nice graphs!Ignored
DislikedJust woke up and yeah I see 5983 or so heading to 5818, but damn, I have not seen this weird PA before. I'm short 5952 and going to BE, system and PA conflicting bro, same your end?Ignored
DislikedHello Leeson,
First - all support and resistance lines are calculated and drawn by me -
Second - Based on potential stochatic movement with price...if we get the same down move as the last time stochs were oversold and turned down I expect a 150 pip move to the downside.
If we just look at price support levels I look for 1.5850, then 1.5825 and 1.5800 then 1.5750.
Not expecting much until the news comes out - but we have been moving down for the past 9 hours.
FallerIgnored
DislikedWas that a quick test? Interesting PA there.....anyone else watch that pop and drop?Ignored
DislikedWas that a quick test? Interesting PA there.....anyone else watch that pop and drop?Ignored
DislikedDrop?, still sitting around my daily close, but that's on fx street chartsIgnored
DislikedPop and Drop -
Price pops up....like it just did 15 pips........out of no where.....then drops.....back to where it was trading.
Pop and Drop -Ignored
DislikedI will say however I am not fully convinced the Cable is currently vulnerable to a Bearish overtaking. Personal opinion is we need to trade & CLOSE below the 5800 level on a longer TF before taking long term shorts. JMO.Ignored
DislikedI would expect nothing less from you my friend. Good Luck out there tomorrow.Ignored