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Cable Update (GBPUSD)

  • #421,141
  • Nov 6, 2015 1:32am Nov 6, 2015 1:32am
Quoting Thaimay
does anybody have an idea if its going to buy or sell on tomorrows NFP?
Most of the time GBP does not follow the US data, if NFP is according to the forecast it will not affect the GBP/USD. Imho GBP will retest 1.50 as the Inflation report is Much More Dovish, there are many many Lazy Broken wings Doves released in the report Lol
  • #421,142
  • Nov 6, 2015 2:18am Nov 6, 2015 2:18am
BTr w 5 and data UK
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSD_H4.gif Size: 209 KB
  • #421,143
  • Nov 6, 2015 2:57am Nov 6, 2015 2:57am
Quoting Black Fox
{quote} I'm kinda late joining the party (short from 1.5230). I'm expecting it will break 1.52 during Asian session. If not, tomorrow will have plenty of time to close at BE before NFP.
Stop now at 1.5190 and TP at 1.5130
Waiting for Manufacturing PMI.
:: everything is awesome ::
  • #421,144
  • Nov 6, 2015 3:25am Nov 6, 2015 3:25am
Quoting IbrahIm2009
{quote} Interesting target, Good luck with it
Yes, I'm still using Fibonacci ratios and Elliott Wave, one is centuries old technique and the other near a century. :-)
Elliott Wave for optimum entry, exit and risk management of trades
  • #421,145
  • Nov 6, 2015 3:36am Nov 6, 2015 3:36am
Manufacturing Production Figures are Green but Industrial Production Is Red and usually Industrial Production Figures have high impact on GBP Previously??
Edit" Don't forget yesterdays Inflation report even If Data is strongly Positive in commin days!!!
  • #421,146
  • Nov 6, 2015 3:37am Nov 6, 2015 3:37am
Now long GU. Stop loss @1.5150 and TP 1.53
:: everything is awesome ::
  • #421,147
  • Nov 6, 2015 3:41am Nov 6, 2015 3:41am
Quoting Black Fox
Now long GU. Stop loss @1.5150 and TP 1.53
Better Wait for Lows!!!!
  • #421,148
  • Nov 6, 2015 3:42am Nov 6, 2015 3:42am
Quoting Black Fox
Now long GU. Stop loss @1.5150 and TP 1.53
If this one fails I have limit buy at 1.5125 waiting for NFP.
:: everything is awesome ::
  • #421,149
  • Nov 6, 2015 3:44am Nov 6, 2015 3:44am
so support test
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H4.gif Size: 200 KB
  • #421,150
  • Edited 4:01am Nov 6, 2015 3:58am | Edited 4:01am
Quoting Dano12
so support test {image}
I would've entered short again but now I'm too afraid to do that. It's very close to s/r now. Anything can happen before NFP.
  • #421,151
  • Nov 6, 2015 4:00am Nov 6, 2015 4:00am
Quoting nixdem
{quote} I would've entered short again but now I'm too afraid to do that. It's very close support now. Anything can happen before NFP.
Agree. Better wait n see
Let Market Tell You
  • #421,152
  • Nov 6, 2015 4:04am Nov 6, 2015 4:04am
next 1-2 months will be the lowest of GBP for the next 1-2 years.

I'll try to land multi-year longs...
  • #421,153
  • Nov 6, 2015 4:10am Nov 6, 2015 4:10am
Quoting elbert3
{quote} heads high tails low,, i take tails 5050??? has to see 5144 then look again
as above ..
  • #421,154
  • Nov 6, 2015 4:14am Nov 6, 2015 4:14am
Quoting Black Fox
{quote} If this one fails I have limit buy at 1.5125 waiting for NFP.
Cancelled pending buy. Cable is too heavy. I'm short again. Still have some profit left from previous short.
:: everything is awesome ::
  • #421,155
  • Nov 6, 2015 4:16am Nov 6, 2015 4:16am
fib the month chart see what you get ?? reply's on a post card please
  • #421,156
  • Nov 6, 2015 4:34am Nov 6, 2015 4:34am
max 5090..
  • #421,157
  • Nov 6, 2015 5:24am Nov 6, 2015 5:24am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h4-instaforex-group-3.png Size: 31 KB

The GBP/USD pair came down steeply yesterday, testing the accumulation territory at 1.5200. There is now a very strong Bearish Confirmation Pattern on the chart and as long as the distribution territories at 1.5350 and 1.5400 are not breached to the upside, long trades would be illogical in this market.
  • #421,158
  • Nov 6, 2015 5:48am Nov 6, 2015 5:48am
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 30 KB
mmmm
  • #421,159
  • Nov 6, 2015 5:48am Nov 6, 2015 5:48am
Quoting andoseg2
{quote} Long term view for Brirtish Pound Update: {image} {image} {image}
A sell order can be created . Most probably price will drop with the begin of the next week

Attached Image (click to enlarge)
Click to Enlarge Name: sell.png Size: 39 KB


Take a look also at the prediction few months ago :

Location : http://www.forexfactory.com/showthre...40#post8421640
Attached Image (click to enlarge)
Click to Enlarge Name: aug.png Size: 34 KB



Location : http://www.forexfactory.com/showthre...37#post8365137
Attached Image (click to enlarge)
Click to Enlarge Name: mm.png Size: 146 KB
Money moves the market, not an indicator.
  • #421,160
  • Nov 6, 2015 6:42am Nov 6, 2015 6:42am
Good Afternoon ! Happy NFP

Today's S/R levels on MT4 Templates

EURO
CABLE
USDJPY
GOLD

http://www.forexfactory.com/showthre...74#post8578174

EURO PINK
CABLE PINK
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
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