Cable Update (GBPUSD) | Page 20245 | 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)

  • #404,881
  • Nov 6, 2014 9:15pm Nov 6, 2014 9:15pm
hmmm my bank traders are targeting 1.57 for GBPUSD.
just a heads up.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #404,882
  • Nov 6, 2014 9:45pm Nov 6, 2014 9:45pm
Quoting fxtyrant
hmmm my bank traders are targeting 1.57 for GBPUSD. just a heads up.
yes heading there. gbp/jpy is struggling to keep its head high above 182.50. so expecting a breakdown there as well.
  • #404,883
  • Nov 6, 2014 10:04pm Nov 6, 2014 10:04pm
Quoting elbert3
{quote} Mr Scott , i hope i find you well, lets look at this as a possible {image} as ever Regards Billy
take a look at this weekly

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDNOV72014weeklyhs14531.png Size: 101 KB


remember this post back in sept 3
-target price took an extra 3 weeks
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdsept32014d1.png Size: 112 KB
Wooooohooooo or Boooooohooooo
  • #404,884
  • Nov 6, 2014 11:31pm Nov 6, 2014 11:31pm
Quoting HareshBM
{quote} lower-than-expected services PMI leading GBPUSD fall towards the target area. Will wait to see if it closes below 1.5900 for additional near-term weakness towards 1.5700-20 support area.
Now can I say that 1.5720-1.5700 is given even if today's NFP data, rather than surpassing, prints reading in-line with the expectations ....???
  • #404,885
  • Nov 7, 2014 12:46am Nov 7, 2014 12:46am
Quoting gnomoneey
{quote} take a look at this weekly {image} remember this post back in sept 3 -target price took an extra 3 weeks {image}
Hi G yes i was going to post this weeks ago ,,but changed my mind at the 50% fib,,you can see on the month tl attraction line ,, i call it , lol
Attached Image (click to enlarge)
Click to Enlarge Name: week.png Size: 72 KB
Attached Image (click to enlarge)
Click to Enlarge Name: mo.png Size: 63 KB
Regards E
  • #404,886
  • Nov 7, 2014 12:52am Nov 7, 2014 12:52am
Attached Image (click to enlarge)
Click to Enlarge Name: y.png Size: 74 KB
take a look at last nov chart ,, interesting ???? support and even later
Attached Image (click to enlarge)
Click to Enlarge Name: x.png Size: 78 KB
so will watch the numbers
  • #404,887
  • Nov 7, 2014 4:07am Nov 7, 2014 4:07am
5 minutes delay, but closed at 1.5804 + 20 pips
Attached Image (click to enlarge)
Click to Enlarge Name: untitled11.JPG Size: 115 KB
  • #404,888
  • Nov 7, 2014 4:10am Nov 7, 2014 4:10am
Next down levels targeting 1.5757.........and 1.5740.........
  • #404,889
  • Nov 7, 2014 4:15am Nov 7, 2014 4:15am
big buyers here (?)
  • #404,890
  • Nov 7, 2014 4:34am Nov 7, 2014 4:34am
Quoting Didgeridoo
big buyers here (?)
Sellers tested 1.5800. Obviously there buyers out there, but who who will lie: D let's wait for a clearer picture if break below 1.5800, if not, wait for a new daily high
  • #404,891
  • Nov 7, 2014 4:38am Nov 7, 2014 4:38am
reentered 32 sl 34 target below 15800 try long gold 1143.250 sl 1140
  • #404,892
  • Nov 7, 2014 4:47am Nov 7, 2014 4:47am
Market is waiting news NFP. I don't like take a position. Because a big move, so have a some gambling.
Some position i have to close before news NFP.
  • #404,893
  • Nov 7, 2014 5:34am Nov 7, 2014 5:34am
Quoting GlobalMacro
{quote} That's it , 1.5890 broken. Cable heading down , no turning back today.
1.5890 break y/d was gold , price broke all the way down to 1.5802 in a straight line.

Nearest support 1.5760 , Price currently moving within a huge descending wedge on daily.
Attached Image
Hear the music before the song is over ...
  • #404,894
  • Nov 7, 2014 5:39am Nov 7, 2014 5:39am
Quoting tantra
{quote} Sellers tested 1.5800. Obviously there buyers out there, but who who will lie: D let's wait for a clearer picture if break below 1.5800, if not, wait for a new daily high
Sounds like a plan, Tantra.

Right now, it does seem that sellers are in control, and we may head all the way down to 1.5 . But, such one-sided conditions can be risky if the market becomes too 'casual' IMO.
  • #404,895
  • Nov 7, 2014 5:45am Nov 7, 2014 5:45am
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 61 KB
long x to x sl under the last low, looking to scalp into a higher sell target ..look to the 4 hour 10 ema ,,for me ,
  • #404,896
  • Nov 7, 2014 6:23am Nov 7, 2014 6:23am
Afternoon from miserable London fellas... NFP in about an hour and half... What are your thoughts? I still think the greenbuck is gonna be strong across board.
  • #404,897
  • Nov 7, 2014 6:41am Nov 7, 2014 6:41am
Quoting poseikwame
Afternoon from miserable London fellas... NFP in about an hour and half... What are your thoughts? I still think the greenbuck is gonna be strong across board.
Agreed about the greenback. But, very sticky market. Need well-timed entries IMO.
  • #404,898
  • Nov 7, 2014 6:50am Nov 7, 2014 6:50am
Quoting poseikwame
Afternoon from miserable London fellas... NFP in about an hour and half... What are your thoughts? I still think the greenbuck is gonna be strong across board.
factored in 70 percent one final drop - to level out -
great play if its good then they done their job if not then they buy em back
win win situation
  • #404,899
  • Nov 7, 2014 7:02am Nov 7, 2014 7:02am
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 63 KB
815 area is holding up , for now ,
  • #404,900
  • Nov 7, 2014 7:03am Nov 7, 2014 7:03am
1.5800 becomes important for the GBPUSD, breaking which 1.5650 seems a quick test for the pair.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 33 KB
499 traders viewing now