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Cable Update (GBPUSD)

  • #419,201
  • Sep 8, 2015 3:24am Sep 8, 2015 3:24am
Quoting navk
200 hr MA is 5326.
watching 1 min see what if,,
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  • #419,202
  • Sep 8, 2015 4:05am Sep 8, 2015 4:05am
hello, if you missed the last place to sell, now is great opportunity, target 1.516
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  • #419,203
  • Sep 8, 2015 4:27am Sep 8, 2015 4:27am
Quoting elbert3
{image} you can see it went into profit take area, now looking to buy around 5350/20{image}
take profit hit as we discussed last week
  • #419,204
  • Sep 8, 2015 4:33am Sep 8, 2015 4:33am
Quoting alayinizAMK
hmm if support is strong enough {image} {image}
support was good. now in between daily and monthly ma, resistance possible.
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  • #419,205
  • Sep 8, 2015 4:39am Sep 8, 2015 4:39am
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  • #419,206
  • Sep 8, 2015 4:56am Sep 8, 2015 4:56am
Quoting iaveight
{quote} take profit hit as we discussed last week
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interesting fib 61%is on resistance
  • #419,207
  • Edited 5:17am Sep 8, 2015 5:04am | Edited 5:17am
UBS: GDP growth has been solid and inflation remains near zero, UBS expects the BoE to hike only in February. However risks from the referendum on EU membership remain, but we doubt the bank can wait to be sure they are manageable before it tightens policy.

LCG: GBPUSD rebounded and cleared offers at 200d MA; oversold conditions eased. Short-term support is expected to keep the downside limited at 1.5250 (Fib 50% pm Apr-Jun rise & former resistance turn support). Given the dovish shift in Fed expectations, the convergence with the BoE expected to remain on hold paves the way for an advance to 1.5490/1.5500 area.

GBPUSD
Market price 1.5352
Bullish above 1.5310. (good conviction)
The market bounced off sharply and the break above 1.5320 is leading credence to a further rise to 1.5490 and even 1.5570 in the coming days.
Preferred case: bullish with support at 1.5310, rise expected to 1.5415, max 1.5490/1.5500
Alternative case: if 1.5310 broken, drop to 1.5240 max 1.5100.

daily email
day mail remember this is only an opinion
  • #419,208
  • Sep 8, 2015 5:34am Sep 8, 2015 5:34am
Quoting Kajos2250
{quote} GU H4 GMT+2 Bullish IB BO by engulfing, maybe the bulls are ready, buy limit .5225. targeting ~5500... Good luck! {image}
GU H4 GMT+2

IB BO worked well bulls have woken up.
Buy stop triggered, tightened sl.
The bullish belt hold in the game.
Buy limit .5354, sl 50pip.

Good luck!
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Anything is math!
  • #419,209
  • Sep 8, 2015 6:28am Sep 8, 2015 6:28am
Still confidence to going up..
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  • #419,210
  • Sep 8, 2015 7:13am Sep 8, 2015 7:13am
if triple resistance works
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  • #419,211
  • Sep 8, 2015 7:21am Sep 8, 2015 7:21am
m5 wedge
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  • #419,212
  • Sep 8, 2015 7:27am Sep 8, 2015 7:27am
All depends on next 4 hr candle. 9 AM candle. Bearish candle ?
Intraday only.
  • #419,213
  • Sep 8, 2015 7:35am Sep 8, 2015 7:35am
i waiting for the signal short
  • #419,214
  • Sep 8, 2015 9:56am Sep 8, 2015 9:56am
Up target is 1.55555, Down target is 1.5160, First retrace area is 1.5325
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  • #419,215
  • Sep 8, 2015 4:09pm Sep 8, 2015 4:09pm
gbp abc or one more w5
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  • #419,216
  • Sep 9, 2015 1:56am Sep 9, 2015 1:56am
morning where will london want to take it this morning, its trying to short, 5200 will be a target, 5560 will be the long,
  • #419,217
  • Sep 9, 2015 3:05am Sep 9, 2015 3:05am
Quoting elbert3
morning where will london want to take it this morning, its trying to short, 5200 will be a target, 5560 will be the long,
North 155
unless i am mistaken ..
  • #419,218
  • Sep 9, 2015 3:29am Sep 9, 2015 3:29am
Quoting Algorerythmn
{quote} North 155 unless i am mistaken ..
Do you mind me asking where you've set your TP?
Focus.
  • #419,219
  • Sep 9, 2015 3:32am Sep 9, 2015 3:32am
Dismal UK data..... bearish.
  • #419,220
  • Sep 9, 2015 3:35am Sep 9, 2015 3:35am
Quoting Algorerythmn
{quote} North 155 unless i am mistaken ..
200 ema on the 1 hour ??? i have buy 5400 and below 5200 might short it to there
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