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Cable Update (GBPUSD)

  • #412,241
  • Mar 24, 2015 1:39pm Mar 24, 2015 1:39pm
Quoting Ck87
{quote} Been saying 1.42-1.43, but not tomorrow
I think that won't happen just soon. possibly next few months, but for now there is an upward correction and between 1.45 ~ 1.52
  • #412,242
  • Mar 24, 2015 1:57pm Mar 24, 2015 1:57pm
this is definitely a situ where by caution is required ,gbp is scary ,but at support all over the place
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #412,243
  • Mar 24, 2015 2:56pm Mar 24, 2015 2:56pm
Quoting FxMegaCB
{quote} I think that won't happen just soon. possibly next few months, but for now there is an upward correction and between 1.45 ~ 1.52
Yes few months..
  • #412,244
  • Mar 24, 2015 3:42pm Mar 24, 2015 3:42pm
Quoting Kajos2250
{quote} GU H8 GMT+2 Until yearly pivot ~4980 is holding i am not interested in longs, still holding shorts... Price is in hard zone, potential entry possibility. Question is which way Math tells me do nothing and hold Goos luck! {image}
GU H8 GMT+2

hopefully respected, broken YPS1!
Bearish engulfing gap makes me place another sell limit .4882 to reach deeper place... maybe ~4380 would be good!

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH8.png Size: 51 KB
Anything is math!
  • #412,245
  • Mar 24, 2015 4:24pm Mar 24, 2015 4:24pm
Quoting Kajos2250
{quote} GU H8 GMT+2 hopefully respected, broken YPS1! Bearish engulfing gap makes me place another sell limit .4882 to reach deeper place... maybe ~4380 would be good! Good luck! {image}
we the same mind to the pip
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  • #412,246
  • Mar 24, 2015 4:30pm Mar 24, 2015 4:30pm
Quoting Bones
this is definitely a situ where by caution is required ,gbp is scary ,but at support all over the place {image}
Hump day could become bump day

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  • #412,247
  • Mar 24, 2015 7:01pm Mar 24, 2015 7:01pm
Could be heading back to 4960 to retest the breakout within the pattern
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 31 KB
Click to Enlarge Name: GBPUSDH11.png Size: 33 KB
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  • #412,248
  • Mar 24, 2015 7:10pm Mar 24, 2015 7:10pm
like this I guess, or something...

Could be a spot to look for reasons to short
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 29 KB
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  • #412,249
  • Mar 24, 2015 7:20pm Mar 24, 2015 7:20pm
Quoting Bones
this is definitely a situ where by caution is required ,gbp is scary ,but at support all over the place {image}
yeah you got that right

and she will not be bullied by us Puny Gods

Inserted Video


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  • #412,250
  • Mar 24, 2015 7:30pm Mar 24, 2015 7:30pm
Quoting Ill-b-back
Could be heading back to 4960 to retest the breakout within the pattern {image} {image}
Quoting FxMegaCB
sounds to me that the price will go up till 1.4985 again then decide to fall or continue up which is something I doubt...
I'm glad someone else has almost the same view as what I anticipate...

I ,however, believe that there is more of the upside more than downside at the moment. If the price went up to hit 1.4960-85 then there is a short term down then explosion to new highs starting from the zone 1.5020 till 1.52xxx, and possibly more

There is something I want to share, which is:
Quote
​Bank of England deputy governor Nemat (Minouche) Shafik says UK rates still likely to risemore to come ... (View Article for More)

Source ...
  • #412,251
  • Mar 24, 2015 7:39pm Mar 24, 2015 7:39pm
Quoting FxMegaCB
{quote} {quote} I'm glad someone else has almost the same view as what I anticipate... I ,however, believe that there is more of the upside more than downside at the moment. If the price went up to hit 1.4960-85 then there is a short term down then explosion to new highs starting from the zone 1.5020 till 1.52xxx, and possibly more There is something I want to share, which is: {quote}
cheers for that,
I'll watch PA.

To be honest, the BOE has been so wishy washy and contradictory with its' forward guidance, and has backflipped one time too many for me to listen to them anymore.

I find the Fed to be far clearer (despite the media making an interpretative circus out of almost every meeting)
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  • #412,252
  • Mar 24, 2015 7:48pm Mar 24, 2015 7:48pm
I think we go here at least on the 15min chart
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 37 KB
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  • #412,253
  • Mar 24, 2015 7:52pm Mar 24, 2015 7:52pm
Quoting Ill-b-back
I think we go here at least on the 15min chart {image}
Very sound technical analysis
  • #412,254
  • Mar 24, 2015 8:03pm Mar 24, 2015 8:03pm
Quoting 2+2=4ex
{quote} Very sound technical analysis
cheers 4ex much appreciated

TBH, daughter sick last 2 days so at home with her instead of work.
Hence all the Asian charts
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 29 KB
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  • #412,255
  • Mar 24, 2015 8:53pm Mar 24, 2015 8:53pm
Short GU
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  • #412,256
  • Mar 24, 2015 9:49pm Mar 24, 2015 9:49pm
Quoting Ill-b-back
{quote} cheers 4ex much appreciated TBH, daughter sick last 2 days so at home with her instead of work. Hence all the Asian charts {image}
Thanks for sharing your view as this is exactly what I was looking at where to begin selling... As noticed, the movement is very heavy. That means the pair is not ready to climb up yet because there is no potential 'momentum' == liquidity.

I guess with the European session open, the price may go up. again it will be slow as usual.

Ps, my wishes to your daughter to be cured soon.
  • #412,257
  • Mar 24, 2015 11:18pm Mar 24, 2015 11:18pm
Quoting Ill-b-back
{quote} we the same mind to the pip
be the force with you!
Anything is math!
  • #412,258
  • Mar 24, 2015 11:39pm Mar 24, 2015 11:39pm
Quoting FxMegaCB
{quote} Thanks for sharing your view as this is exactly what I was looking at where to begin selling... As noticed, the movement is very heavy. That means the pair is not ready to climb up yet because there is no potential 'momentum' == liquidity. I guess with the European session open, the price may go up. again it will be slow as usual. Ps, my wishes to your daughter to be cured soon.
Thanks very much
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  • #412,259
  • Mar 24, 2015 11:40pm Mar 24, 2015 11:40pm
Quoting Ill-b-back
{quote} cheers 4ex much appreciated TBH, daughter sick last 2 days so at home with her instead of work. Hence all the Asian charts {image}
Morning line king,, regards , hope your good ,
Attached Image (click to enlarge)
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entry to go long is here aggressive 4864or over that last r/s area ,
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  • #412,260
  • Mar 24, 2015 11:40pm Mar 24, 2015 11:40pm
Quoting Kajos2250
{quote} be the force with you!
and with you...
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