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Cable Update (GBPUSD)

  • #338,201
  • Edited 5:38am Apr 3, 2013 5:23am | Edited 5:38am
Quoting chazzle
D1 125, 165 res 070 in sight {image}
yeah approximately , 145,158 & 176 for next tanking /little leg to & breaks 5026 target & so.Let go little up to fix a scalping target .

eu may to 2850/60 , gold 1589 if all ok before the next . anyway gold & eu reached the bounce areas but gu not & all to wait for it play end to synchronize the action & more power or failure if not perhaps due already the crush storm running. lets see .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 67 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #338,202
  • Apr 3, 2013 5:45am Apr 3, 2013 5:45am
Quoting fontu
yeah approximately , 145,158 & 176 for next tanking /little leg to & breaks 5026 target & so.Let go little up to fix a scalping target . eu may to 2850/60 , gold 1589 if all ok before the next . anyway gold & eu reached the bounce areas but gu not & all to wait for it play end to synchronize the action & more power or failure if not perhaps due already the crush storm running. lets see . fontu {image}
Very good analysis
  • #338,203
  • Apr 3, 2013 5:57am Apr 3, 2013 5:57am
Quoting Maso
Very good analysis
Thanks . as market actually can take us in any direction anytime and so any analysis not enough for good trading whatever accurate it be . So again , wish you all good trading with good analysis yourselves & confident through more exchange of views .
Take care .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #338,204
  • Apr 3, 2013 7:04am Apr 3, 2013 7:04am
Quoting chazzle
D1 125, 165 res 070 in sight {image}
short 127... let's see
  • #338,205
  • Apr 3, 2013 7:08am Apr 3, 2013 7:08am
Sometimes bastard f**ks me, sometimes I f**k him...
Attached Image (click to enlarge)
Click to Enlarge Name: GU sneaky entry 04-03.png Size: 47 KB
69
  • #338,206
  • Apr 3, 2013 7:08am Apr 3, 2013 7:08am
Quoting chazzle
short 127... let's see
bagged a scalp
  • #338,207
  • Apr 3, 2013 7:11am Apr 3, 2013 7:11am
Quoting Maso
We will see below 1.50000 level today or tomorrow. We had two horrible reports on PMI. It means that the economy is very weak. Other pairs are flat and all are sacrificing sterling. Then, it is still bearish against all majors. Furthermore, tonight we will see a strong Yen which means they also need another sacrifice which is sterling not Eur, AUD, NZD.
The bears would love to see your analysis; but the bulls hate to see it happens. Let's see if the bull will fight back if price comes back to 15100 again.
  • #338,208
  • Apr 3, 2013 7:12am Apr 3, 2013 7:12am
Quoting Maso
We will see below 1.50000 level today or tomorrow. We had two horrible reports on PMI. It means that the economy is very weak. Other pairs are flat and all are sacrificing sterling. Then, it is still bearish against all majors. Furthermore, tonight we will see a strong Yen which means they also need another sacrifice which is sterling not Eur, AUD, NZD.
The bears would love to see your analysis; but the bulls hate to see it happens. Let's see if the bull will fight back once price comes back to 15100 again.
  • #338,209
  • Apr 3, 2013 7:15am Apr 3, 2013 7:15am
who dare to short now? just asking

this week would be good bounce from strong resistance
  • #338,210
  • Apr 3, 2013 7:17am Apr 3, 2013 7:17am
Bad news for the US, will see how this plays out once the initial reaction dies down.
  • #338,211
  • Apr 3, 2013 7:21am Apr 3, 2013 7:21am
Quoting FuzaGame
who dare to short now? just asking this week would be good bounce from strong resistance
5155 could be for shorts..
69
  • #338,212
  • Apr 3, 2013 7:24am Apr 3, 2013 7:24am
Quoting FuzaGame
who dare to short now? just asking this week would be good bounce from strong resistance

It is I, just shorted last night at 1.5091. Very solid level right here
All posts are my personal opinion
  • #338,213
  • Apr 3, 2013 7:27am Apr 3, 2013 7:27am
Quoting FuzaGame
who dare to short now? just asking
not yet, but at 1.516...
  • #338,214
  • Apr 3, 2013 7:56am Apr 3, 2013 7:56am
Will try to long at 5140 if we get a confirmed breakout in 4h.. (long on retest)
  • #338,215
  • Apr 3, 2013 8:10am Apr 3, 2013 8:10am
going long if 1.5174 is broken
Well short if the mkt bounces off this 1.5135 level
Waiting for either trade.
Attached Image (click to enlarge)
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  • #338,216
  • Apr 3, 2013 8:18am Apr 3, 2013 8:18am
shorting here.

targeting 1.5
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 34 KB
Come with me if you want to live....
  • #338,217
  • Apr 3, 2013 8:48am Apr 3, 2013 8:48am
Quoting Danny Maina
going long if 1.5174 is broken Well short if the mkt bounces off this 1.5135 level Waiting for either trade. {image}
Thanks mate.
  • #338,218
  • Apr 3, 2013 8:58am Apr 3, 2013 8:58am
Double Top on the Daily Chart looks like we are going all the way down to 1.500 if the Double Top holds
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD DT.png Size: 39 KB
  • #338,219
  • Apr 3, 2013 8:59am Apr 3, 2013 8:59am
GBPUSD attempts to breakout the 200EMA. RSI reached 60 level - look for buy. MACD line crossed the signal line - uptrend confirmed. Breakout 200 EMA and later consolidation level will boost price to 1.524
  • #338,220
  • Edited 9:16am Apr 3, 2013 9:02am | Edited 9:16am
Bad economic reports on USD help other majors go up,which one is the winner in this competition? JPY? EUR? GBP? NZD? AUD?

It seems that Gold and Yen could be the main winners.
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