Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#414,501
May 1, 2015 3:44am May 1, 2015 3:44am

bulltrader13
| Joined Aug 2007 | Status: Trader | 4,053 Posts

Quoting bulltrader13

Disliked

Took a quick long here bullish for today {image}

Ignored

...annnddd the market disagreed and took me out

#414,502
May 1, 2015 3:44am May 1, 2015 3:44am

giveachance
Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts

if 0.7350 goes on eur/gbp selling will be hard for this pair and it can come down to 5260

#414,503
May 1, 2015 3:49am May 1, 2015 3:49am

HareshBM
| Joined Feb 2014 | Status: Trader | 421 Posts

Quoting HareshBM

Disliked

{quote} Now seems unlikely to clear 1.5400 mark and start drifting lower to test sub-1.5300 mark support.

Ignored

here you go as expected...

#414,504
May 1, 2015 3:53am May 1, 2015 3:53am

shivam332
| Commercial User | Joined Jul 2013 | 441 Posts

Quoting HareshBM

Disliked

{quote} Now seems unlikely to clear 1.5400 mark and start drifting lower to test sub-1.5300 mark support.

Ignored

This one is awesome 1.5300 already hit. What's next for you now? For me 1.5250 and next 1.5200.

Money never sleeps I can hear the dollar calling me

#414,505
May 1, 2015 3:54am May 1, 2015 3:54am

sumumax
| Joined Mar 2015 | Status: Trader | 22 Posts

Quoting shivam332

Disliked

{quote} This one is awesome 1.5300 already hit. What's next for you now? For me 1.5250 and next 1.5200.

Ignored

1.5260/80 must be break..........

#414,506
May 1, 2015 3:56am May 1, 2015 3:56am

rizkinovri
| Joined Dec 2013 | Status: Day Trader | 176 Posts

Looks like everyone already bored with this GBP hike..
So, just a little bad news from GBP, can impact this huge pips..

My Target is still 1.5280 , before re-entering the long..
Long target TP at 1.5350 ..

GTS V8 Return This Month: na

#414,507
May 1, 2015 3:58am May 1, 2015 3:58am

HareshBM
| Joined Feb 2014 | Status: Trader | 421 Posts

Quoting shivam332

Disliked

{quote} This one is awesome 1.5300 already hit. What's next for you now? For me 1.5250 and next 1.5200.

Ignored

Need to wait for a decisive break below 1.5280-75 to confirm extension of the pull-back towards testing sub-1.5200 (1.5180-75) support area.

#414,508
May 1, 2015 3:59am May 1, 2015 3:59am

shivam332
| Commercial User | Joined Jul 2013 | 441 Posts

Quoting sumumax

Disliked

{quote} 1.5260/80 must be break..........

Ignored

Will be broken soon

Money never sleeps I can hear the dollar calling me

#414,509
May 1, 2015 4:01am May 1, 2015 4:01am

shivam332
| Commercial User | Joined Jul 2013 | 441 Posts

Quoting HareshBM

Disliked

{quote} Need to wait for a decisive break below 1.5280-75 to confirm extension of the pull-back towards testing sub-1.5200 (1.5180-75) support area.

Ignored

Yeah, and it will broken soon during US session if not now.

Money never sleeps I can hear the dollar calling me

#414,510
May 1, 2015 4:01am May 1, 2015 4:01am

Fx_Anil
Joined Jul 2013 | Status: Trader | 1,738 Posts | Online Now

With the weaker than expected UK GDP & PMI details, ahead of the next week's General election, that is likely resulting coalition government, the GBP could re-test sub-1.5100 mark soon.

#414,511
May 1, 2015 4:03am May 1, 2015 4:03am

rizkinovri
| Joined Dec 2013 | Status: Day Trader | 176 Posts

Quoting shivam332

Disliked

{quote} Will be broken soon

Ignored

IF it's permanently break..
So, surely next support is at 1.5180 ..
Now i think where will be the correction goes ?

GTS V8 Return This Month: na

#414,512
May 1, 2015 4:04am May 1, 2015 4:04am

sumumax
| Joined Mar 2015 | Status: Trader | 22 Posts

[quote=Fx_Anil;8239234]With the weaker than expected UK GDP & PMI details, ahead of the next week's General election, that is likely resulting coalition government, the GBP could re-test sub-1.5100 mark soon.[/quot

what about 1.4900??break below 1.5100 then target 1.50xx

#414,513
May 1, 2015 4:05am May 1, 2015 4:05am