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Cable Update (GBPUSD)

  • #343,281
  • Jun 25, 2013 4:02am Jun 25, 2013 4:02am
Gross mortgage borrowing of GBP 8.6 billion in May was 7.5 percent higher than the recent monthly average.
  • #343,282
  • Jun 25, 2013 4:06am Jun 25, 2013 4:06am
weekly is bearish honestly I don't think even with bearish usd you will see much above high at all without lower
Attached Image (click to enlarge)
Click to Enlarge Name: 3 gbp usd 25-6-13 w1.png Size: 57 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #343,283
  • Jun 25, 2013 4:08am Jun 25, 2013 4:08am
snail trend up haha

Quoting bbmac
0800 15min candle (uk time) defines the current daily hi-lo 5463-24,...horrible 5min chop inside that since continuing 6424-6424 range consolidation on 1hr off yesterday's 5464 hi...2 way traffic persists as uk inflation hearings continue... ---------------------------------------- Is Monthly not ranging ? (certainly isn't trending !? G/L {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 3-gbp usd monthly 25-6-13.png Size: 35 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #343,284
  • Jun 25, 2013 4:11am Jun 25, 2013 4:11am
Mate, if that's an uptrend (on monthly) snail or otherwise - it's back to forex 101 text book for me, Lol !

G/L

Quoting Bones
snail trend up haha {quote} {image}
ex member
  • #343,285
  • Jun 25, 2013 4:13am Jun 25, 2013 4:13am
lol yea I guess range

Quoting bbmac
Mate, if that's an uptrend (on monthly) snail or otherwise - it's back to forex 101 text book for me, Lol ! G/L {quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #343,286
  • Jun 25, 2013 4:14am Jun 25, 2013 4:14am
gbp is hovering near a top but that support 2.900 is holding strong =sideways
Attached Image (click to enlarge)
Click to Enlarge Name: gbplfxdaily 25-6-13 d1.png Size: 46 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #343,287
  • Jun 25, 2013 4:38am Jun 25, 2013 4:38am
....new 1hr ascending t/line holding in 1st 1/2 test of that previous 1hr sw lo/hi zone..very mixed intraday now..some hi-prob opps on lower t/f's.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 101 KB
ex member
  • #343,288
  • Jun 25, 2013 4:50am Jun 25, 2013 4:50am
d1 outlook like this I feel
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #343,289
  • Jun 25, 2013 5:02am Jun 25, 2013 5:02am
no real market flow here. I think its waiting for the US news later today. I think we will see 1.5502 (Weekly Central pivit)first before it starts its decent again. Or mayme to the 1.5531 area the highest before going short to the 1.5200 area. But that said the 1.5460 has held quit well (resistance) as it has tried 3 times to get through and it has not.

Just my thoughts
  • #343,290
  • Jun 25, 2013 5:04am Jun 25, 2013 5:04am
Quoting ferreira1239
no real market flow here. I think its waiting for the US news later today. I think we will see 1.5502 (Weekly Central pivit)first before it starts its decent again. Or mayme to the 1.5531 area the highest before going short to the 1.5200 area. Just my thoughts
no way in hell!!
  • #343,291
  • Jun 25, 2013 5:19am Jun 25, 2013 5:19am
Quoting nAVIN2007
{quote} no way in hell!!

It may look like a head and shoulders upsidedown patten on the 4 hour but think it the overall it will test the 1.5200-1.5260 area first before heading back up. Again its just my thoughts on the matter. (dont put money on it) its a matter of opinion.
  • #343,292
  • Jun 25, 2013 5:30am Jun 25, 2013 5:30am
Quoting ferreira1239
{quote} It may look like a head and shoulders upsidedown patten on the 4 hour but think it the overall it will test the 1.5200-1.5260 area first before heading back up. Again its just my thoughts on the matter. (dont put money on it) its a matter of opinion.
  • #343,293
  • Jun 25, 2013 5:36am Jun 25, 2013 5:36am
Inserted Video
not euphoria follower
  • #343,294
  • Jun 25, 2013 5:59am Jun 25, 2013 5:59am
Long 5415 TP 5800
Big wave 5007-5750. That wave did it corection to 53xx and now the creation of new wave 53xx-5800 starting
  • #343,295
  • Jun 25, 2013 6:31am Jun 25, 2013 6:31am
come on give me 1.5502-1.5530 area entry for short.
  • #343,296
  • Jun 25, 2013 6:35am Jun 25, 2013 6:35am
its a limit order for today
  • #343,297
  • Jun 25, 2013 6:59am Jun 25, 2013 6:59am
Needs to exhaust the supply at 1.5470 before a try at 1.5516
  • #343,298
  • Jun 25, 2013 7:03am Jun 25, 2013 7:03am
Quoting tek1972
Needs to exhaust the supply at 1.5470 before a try at 1.5516
True.
  • #343,299
  • Jun 25, 2013 7:53am Jun 25, 2013 7:53am
Durable goods knocked rally back some but still positive relative to price opening for the week---expect an extended period of sideways neutral movement at around these levels (1.5440) before the uptrend will resume---still favor upside for the week--EB
  • #343,300
  • Jun 25, 2013 8:08am Jun 25, 2013 8:08am
No Entry. maybe no trades for me today. Oh well untill the next good setup
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