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Cable Update (GBPUSD)

  • #420,961
  • Oct 28, 2015 10:26am Oct 28, 2015 10:26am
Quoting velit
its going up against all of you
This is something I have mentioned in my previous post. I said it is heading down to 1.5285-80 then from there entering long, but no one believed that!! look at it now climbing like crazy. And as we all know the FED won't change the interest rate so that will give a big push to the pair north very very long way...
  • #420,962
  • Oct 28, 2015 10:27am Oct 28, 2015 10:27am
Quoting sidhgenius
I think it will retrace to 1.53 in next 1hr
yes maybe, gbp was strong on oil price up
  • #420,963
  • Oct 28, 2015 10:32am Oct 28, 2015 10:32am
Quoting FxMegaCB
{quote} This is something I have mentioned in my previous post. I said it is heading down to 1.5285-80 then from there entering long, but no one believed that!! look at it now climbing like crazy. And as we all know the FED won't change the interest rate so that will give a big push to the pair north very very long way...
  • #420,964
  • Oct 28, 2015 10:33am Oct 28, 2015 10:33am
IF GBP price started heading down to 1.5280 again and didn't break it, then we are on an uptrend rally start. However, if not hold, then a possibility of seeing the price @ 1.5250-40 is very likely to happen.
  • #420,965
  • Oct 28, 2015 10:38am Oct 28, 2015 10:38am
Quoting FxMegaCB
IF GBP price started heading down to 1.5280 again and didn't break it, then we are on an uptrend rally start. However, if not hold, then a possibility of seeing the price @ 1.5250-40 is very likely to happen.
if no rate hike this evening then we can reach 1.54 and above today
  • #420,966
  • Oct 28, 2015 10:39am Oct 28, 2015 10:39am
I agree with that view. Could be quite a big long near 1.54 maybe 1.55.
Quoting velit
{quote}
  • #420,967
  • Oct 28, 2015 11:38am Oct 28, 2015 11:38am
its broke the mini consolidation towards upside and retested the channel. Now its going up towards 1.54
  • #420,968
  • Oct 28, 2015 12:39pm Oct 28, 2015 12:39pm
Its show time

Well nearly wonder, how far they gonna drop em for aunty yellen - or should it be how far is aunty yellen gonna let em drop ;-) wink
  • #420,969
  • Oct 28, 2015 12:50pm Oct 28, 2015 12:50pm
surprise ahead...???
  • #420,970
  • Oct 28, 2015 1:56pm Oct 28, 2015 1:56pm
Let me also AGREE WITH all of you agreeing with eachother, I believe RETRACE and will hit 1.60 in the next few hour. God people, could we have some meaningful and technical input on this thread. I'm having a hard time filtering through all of this,...
I don't know...
  • #420,971
  • Oct 28, 2015 2:01pm Oct 28, 2015 2:01pm
buy 1,5250 sl. 1,5190 tp 1,5400

1,5240-50 is quite a support
  • #420,972
  • Oct 28, 2015 2:39pm Oct 28, 2015 2:39pm
I’m selling gbp/usd until the 1.5200 mark. After that, I close the deal and look for a new approach.
Attached Image (click to enlarge)
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  • #420,973
  • Oct 28, 2015 2:48pm Oct 28, 2015 2:48pm
Quoting edyraper
{quote} just one entry , I thought I could be able to buy cheaper ... whatever closing long here @5310 moved first pending buy to 5219 .
cancelled pending buy . looking for shorts .
  • #420,974
  • Oct 28, 2015 6:06pm Oct 28, 2015 6:06pm
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd daily.png Size: 101 KB


from 17th oct to 28th oct still adding for long buy
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 17th future prediction.png Size: 107 KB
FREEDOM IS SECURITY.
  • #420,975
  • Oct 29, 2015 2:25am Oct 29, 2015 2:25am
Hi guys , here is my view:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 33 KB
Click to Enlarge Name: GBPUSDH1.png Size: 50 KB
Click to Enlarge Name: GBPUSDH4.png Size: 37 KB
Click to Enlarge Name: GBPUSDM15.png Size: 31 KB
  • #420,976
  • Oct 29, 2015 2:35am Oct 29, 2015 2:35am
Buy 1.5260
SL : 1.5245 which is yesterday's low
Starts for retracement rally. HPI index release positive value.
  • #420,977
  • Oct 29, 2015 2:54am Oct 29, 2015 2:54am
I think that today it will trade a bit sideways retracing towards 1.53 possibly testing yesterday highbut generally closing on a high. The Daily stochs need to retrace in the next 1-2 days and fall in line with the Weekly stochs to Buy GBP. This month close will be the first close on the high in the past 4 months so its potentially a sign of things turning around to favour GBP. Alternatively, the market could test a we bit lower before it once again goes long on GBP
  • #420,978
  • Oct 29, 2015 6:56am Oct 29, 2015 6:56am
This Pair moved only 23 Pips since morning, very unusual movement???
  • #420,979
  • Oct 29, 2015 7:07am Oct 29, 2015 7:07am
No it isn't unusual as of now as the price tested 2-3 point so fthe 2 standard deviation Bollinger bands. At 3am when I made my projection, the 2 standard deviation was around 1.5290 but in the past few hours the low volatility has brought it down to near day high.
  • #420,980
  • Oct 29, 2015 7:15am Oct 29, 2015 7:15am
Waiting for 1.52
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