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Cable Update (GBPUSD)

  • #406,141
  • Jan 2, 2015 5:08am Jan 2, 2015 5:08am
Let's wait for 1.5410 and 1.5330 - 1.5300 for the GBPUSD.
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  • #406,142
  • Jan 2, 2015 5:13am Jan 2, 2015 5:13am
Quoting tomas.v
Weak PMI pushed GBPUSD to the new lows, from technical perspective support has been broken and trend should continue even to 1,5320.
PMI news released at 9:30 (London time). GBPUSD fall started at 8:30. So....?
  • #406,143
  • Jan 2, 2015 5:34am Jan 2, 2015 5:34am
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It can move towards 1.5046
  • #406,144
  • Jan 2, 2015 7:12am Jan 2, 2015 7:12am
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  • #406,145
  • Jan 2, 2015 8:17am Jan 2, 2015 8:17am
Dollar hammered pound with no regards to human life
  • #406,146
  • Jan 2, 2015 8:19am Jan 2, 2015 8:19am
No 1.80?
  • #406,147
  • Jan 2, 2015 8:43am Jan 2, 2015 8:43am
Quoting SmallBear
{quote} PMI news released at 9:30 (London time). GBPUSD fall started at 8:30. So....?
Look at the chart first, before 10:30 CET pound was moving slowly down together with EURUSD (so it was mainly dollar move not GBP), after 10:30 it went down by 110 pips and it was mainly caused by weak PMI data.
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  • #406,148
  • Jan 2, 2015 9:38am Jan 2, 2015 9:38am
GBPUSD Weekly's Low 1.48126 (1013.07.01), 1.48304 (2013.03.10)
Maybe good aspects for Long ~1.5395 just now with 2/10
PO Long @ 1.5020 (2/10) and @ 1.4855 (2/10), if so this or next month.
...& up the ante at longer term uptrend - if so during spring and/or summer time 2015 - then ~1.5930 (1/10), ~1.6150 (1/10) more longs if these resistance line will be running down by the market price.
FXcube
___
PO = Pending Order
  • #406,149
  • Jan 2, 2015 9:47am Jan 2, 2015 9:47am
40+ pips retracement is probable, but we should see new lows on upcoming week. Targeting 5320.
  • #406,150
  • Jan 2, 2015 11:03am Jan 2, 2015 11:03am
Quoting Makavell
{quote} My target is actually 1.5254 {image}
Great start to the new year!!!
  • #406,151
  • Jan 2, 2015 11:21am Jan 2, 2015 11:21am
Draghi killed pound, not BOE
Guess how
You cannot learn better without losing
  • #406,152
  • Jan 2, 2015 11:26am Jan 2, 2015 11:26am
Quoting forexings
Draghi killed pound, not BOE Guess how
Super Mario is unstoppable....
Buy at the Low, Sell at the High You make money by waiting not by trading.
  • #406,153
  • Jan 2, 2015 11:28am Jan 2, 2015 11:28am
1.5350 is a big support ????????
  • #406,154
  • Jan 2, 2015 11:31am Jan 2, 2015 11:31am
arent u supposed to sell on good news
what a racket
worse than criminals
infact they are probably more friendly
think i just shot my load
..
  • #406,155
  • Jan 2, 2015 12:39pm Jan 2, 2015 12:39pm
fak draghi...how can he manage to kill BOE...i dont have any idea...everyone are pull put out the position ..s=h=i=t
  • #406,156
  • Jan 2, 2015 1:15pm Jan 2, 2015 1:15pm
Quoting JgrB2010
Have you seen this? https://room.signaltrader.com/trading-rooms/?room_ID=33 "SignalGBP displays the live trading account of an experienced fund manager..." (sic) Jajaja, I can not help laughing out loud.
NO haven't seen it, can you post your Log In details please?

Or a screenshot would do for now, blank out your trade of course

It takes a lot for me to IGNORE you, but you can try.
  • #406,157
  • Jan 2, 2015 1:50pm Jan 2, 2015 1:50pm
Quoting tomas.v
Weak PMI pushed GBPUSD to the new lows, from technical perspective support has been broken and trend should continue even to 1,5320.
We are very close to support levels which i mentioned earlier today, if you are looking for a trade on correction it can be a good moment.
  • #406,158
  • Jan 2, 2015 2:47pm Jan 2, 2015 2:47pm
still sell no buy signal wait till monday

spud

arrows set to higher time frame non repaint
open on candle ..
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  • #406,159
  • Jan 2, 2015 3:54pm Jan 2, 2015 3:54pm
RSI on 1HR at 10.

Now that you don't see too often, in fact, it was only last July so oversold, it then bounced for some 70 pips
  • #406,160
  • Jan 2, 2015 4:22pm Jan 2, 2015 4:22pm
I have a question about GBP.

Although many of announcement was positive, why did the GBP go down in the morning ?
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