Cable Update (GBPUSD) | Page 21746 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #434,901
  • Jul 21, 2016 11:43pm Jul 21, 2016 11:43pm
Quoting sclpzmalay
{image} Today GBPUSD may rocket to test 1.33000 What? PMI will rock
ROCK ON!! i'm wait to see someone post flying but ....... can go to 1.36+?

pls gbp don't bull trap me again
  • #434,902
  • Jul 22, 2016 12:00am Jul 22, 2016 12:00am
Quoting Mayly-May
{quote} ROCK ON!! i'm wait to see someone post flying but ....... can go to 1.36+? pls gbp don't bull trap me again
I think 1.3000 is a good possibility but not sure on 1.3600 but will depend on what the PMI data is later today.

The pound has very low volume since brexit and still unpredictable.

Lets see if it can stay in current channel?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1-7-22.png Size: 69 KB
20 Pips a day keeps centerlink away
  • #434,903
  • Jul 22, 2016 12:15am Jul 22, 2016 12:15am
Any where below 132 and placing a buy
  • #434,904
  • Edited 2:25am Jul 22, 2016 1:58am | Edited 2:25am
Hallo everyone.

  1. GB opened inside yesterday range (131555 to 13264). Initial balance is expected because price is now accepting yesterday range. (at the moment)[edit at 09:11 +1gmt]
  2. We have the abnormal weak Sydney cluster at 132735 (tagged also by yesterday Sydney high at 132745).
  3. Above it we have the old gap down (2016.07.15) from 13292 to 13340
  4. far above we have the Tokyo friday poor high at 134805 [edit at 09:25 +1gmt]
  5. Price is around major composite poc at 132255.**
  6. And it is between June GB close (13240) and June GB lowest close (13214)

  1. Below we have a poor low for preUS yesterday session at 13163
  2. A poor low for wednesday gb session (13068) and a poor low for wednesday Tokyo session (130645)

**Price is developing a very mature point of control right here: a big breakout is possible if not probable from here.

Note that price is around (up and down) the very recurrent in these days brexit low at 13227: we have enough of it!

Ubi maior minor cessat
  • #434,905
  • Jul 22, 2016 2:10am Jul 22, 2016 2:10am
Howzit Cable thread!

In an hour and thirty minutes, there is a special set of PMI data being published, it is expected to miss showing contraction (below 50).
A surprise at this stage would create significant volatility as there would be a need for the BOE to respond.

trade safe.
  • #434,906
  • Jul 22, 2016 2:22am Jul 22, 2016 2:22am
Quoting Lock
Hallo everyone. GB opened inside yesterday range (131555 to 13264). Initial balance is expected because price is now accepting yesterday range. (at the moment)[edit at 09:11 +1gmt] We have the abnormal weak Sydney cluster at 132735 (tagged also by yesterday Sydney high at 132745). Above it we have the old gap down (2016.07.15) from 13292 to 13340 Price is around major composite poc at 132255.** And it is between June GB close (13240) and June GB lowest close (13214) Below we have a poor low for preUS yesterday session at 13163 A poor low for wednesday...
131 900 and going for a second Buy ..

First trade now placed.
  • #434,907
  • Jul 22, 2016 2:27am Jul 22, 2016 2:27am
Quoting PaulDaemon
{quote} I think 1.3000 is a good possibility but not sure on 1.3600 but will depend on what the PMI data is later today. The pound has very low volume since brexit and still unpredictable. Lets see if it can stay in current channel? {image}
Looks good to me I see it tried to break you emasculated on your chart . Price moving as I said yesterday nice chart . Regards E
  • #434,908
  • Jul 22, 2016 2:28am Jul 22, 2016 2:28am
Quoting JimmyC
Howzit Cable thread! In an hour and thirty minutes, there is a special set of PMI data being published, it is expected to miss showing contraction (below 50). A surprise at this stage would create significant volatility as there would be a need for the BOE to respond. trade safe.
Interesting Jimmy . Long time no speak. . Regards E
  • #434,909
  • Jul 22, 2016 2:34am Jul 22, 2016 2:34am
Quoting JimmyC
Howzit Cable thread! In an hour and thirty minutes, there is a special set of PMI data being published, it is expected to miss showing contraction (below 50). A surprise at this stage would create significant volatility as there would be a need for the BOE to respond. trade safe.
Fx street has 50 and 52.8 so let's see . Regards
  • #434,910
  • Jul 22, 2016 2:36am Jul 22, 2016 2:36am
Quoting elbert3
{quote} Fx street has 50 and 52.8 so let's see . Regards
Finger on the trgger then....
  • #434,911
  • Jul 22, 2016 2:43am Jul 22, 2016 2:43am
Quoting JimmyC
Howzit Cable thread! In an hour and thirty minutes, there is a special set of PMI data being published, it is expected to miss showing contraction (below 50). A surprise at this stage would create significant volatility as there would be a need for the BOE to respond. trade safe.

Totally agree: trade safe.
Ubi maior minor cessat
  • #434,912
  • Jul 22, 2016 2:46am Jul 22, 2016 2:46am
Quoting dean1star
{quote} 131 900 and going for a second Buy .. First trade now placed.

you mean down to solve some below then up with the major long? It is possible. I really don't know the sequence anyway. The situation is vary bad below and above.
Ubi maior minor cessat
  • #434,913
  • Jul 22, 2016 2:50am Jul 22, 2016 2:50am
Quoting Lock
{quote} you mean down to solve some below then up with the major long? It is possible. I really don't know the sequence anyway. The situation is vary bad below and above.
going long today - had two areas in mind to place the trades. Just above 132 and just below 132 - either way long for the day ..
  • #434,914
  • Jul 22, 2016 2:53am Jul 22, 2016 2:53am
Hey all...

Just be careful of PMI figures out in 35 minutes, theres talk of a drop of 5 points that could send Cable heading south.....
Don't Leave Money on the Table
  • #434,915
  • Jul 22, 2016 3:10am Jul 22, 2016 3:10am
Quoting sclpzmalay
{image} Today GBPUSD may rocket to test 1.33000 What? PMI will rock
In progress....If broke before PMI atmosphere ...Rocket gone to Mars
study of behavior and mind,conscious and unconscious
  • #434,916
  • Jul 22, 2016 3:12am Jul 22, 2016 3:12am
Quoting iamawaited
{quote} Common GU i am waiting for u at the kitchen sink spot!!!!
Hmmmm... Cable downtime b4 SkyRocket in a bit???
Trading Eternal...... Shiny & Chrome!!!!
  • #434,917
  • Jul 22, 2016 3:16am Jul 22, 2016 3:16am
Quoting Lock
Hallo everyone. GB opened inside yesterday range (131555 to 13264). Initial balance is expected because price is now accepting yesterday range. (at the moment)[edit at 09:11 +1gmt] We have the abnormal weak Sydney cluster at 132735 (tagged also by yesterday Sydney high at 132745). Above it we have the old gap down (2016.07.15) from 13292 to 13340 far above we have the Tokyo friday poor high at 134805 [edit at 09:25 +1gmt] Price is around major composite poc at 132255.** And it is between June GB close...
Now, price removed the abnormal Sydney cluster at 132735 and now has just tagged the old gap down (2016.07.15) at its base 13292 that becomes weak.

If this is not a fake move (only to remove weak people from the environment) the next targets are:

 

  1. current high at 13292
  2. old gap down (2016.07.15) up to 13340
  3. far above we have the Tokyo friday poor high at 134805

Note that this move comes exactly from the brexit low at 13227: It is very weak, so watch out!

Ubi maior minor cessat
  • #434,918
  • Jul 22, 2016 3:25am Jul 22, 2016 3:25am
Quoting iamawaited
{quote} Hmmmm... Cable downtime b4 SkyRocket in a bit???
expectantly,lets hope the data supports the southern drive
  • #434,919
  • Jul 22, 2016 3:26am Jul 22, 2016 3:26am
Quoting Lock
{quote} Now, price removed the abnormal Sydney cluster at 132735 and now has just tagged the old gap down (2016.07.15) at its base 13292 that becomes weak. If this is not a fake move (only to remove weak people from the environment) the next targets are: current high at 13292 old gap down (2016.07.15) up to 13340 far above we have the Tokyo friday poor high at 134805 Note that this move comes exactly from the brexit low at 13227: It is very weak, so watch out!
If its still on the menu - will take no 3 .. no rush of course
  • #434,920
  • Jul 22, 2016 3:31am Jul 22, 2016 3:31am
Quoting elbert3
{quote} Interesting Jimmy . Long time no speak. . Regards E
Tah, Dah!
473 traders viewing now, 2 are registered:
eddiebary
,
Waveskierrob