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Cable Update (GBPUSD)

  • #441,041
  • Sep 21, 2016 7:05am Sep 21, 2016 7:05am
Hello,
Please make my correction if i am wrong.
Do you think the market can hit .3130 or above and then go down to .3000 or further low? give your own ideas about these level.

Regards
  • #441,042
  • Sep 21, 2016 7:13am Sep 21, 2016 7:13am
Quoting nairate
I bet we will see a rate hike... markets will be surprised... and the world will be dark ...
can we consider it as an insider info
little bit of sense, little bit of luck
Ktr Return This Month: na
  • #441,043
  • Sep 21, 2016 7:20am Sep 21, 2016 7:20am
If this hour closes above 3000, expect a rally heading into the announcement
I'm high on trading, cant you tell?
  • #441,044
  • Sep 21, 2016 7:42am Sep 21, 2016 7:42am
Surprised if there is any major movement with the news later, speculative reasoning seems to generate the same overall conclusion, with the statement being designated to the future. Singularity seems to suggest the move in its present direction will continue or at a minimum conclude shortly..
  • #441,045
  • Sep 21, 2016 7:43am Sep 21, 2016 7:43am
the range is 2950 to 3000. this wouldn't break until FOMC.
  • #441,046
  • Sep 21, 2016 7:44am Sep 21, 2016 7:44am
I see Price test S/R Area M20 ..... no change bearish under control around S/R area M20 ..

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM20A.png Size: 31 KB
  • #441,047
  • Sep 21, 2016 7:50am Sep 21, 2016 7:50am
Quoting mrhb30jr
I see Price test S/R Area M20 ..... no change bearish under control around S/R area M20 .. {image}
You are right 1.3000 Area seems to be a Resistance.
  • #441,048
  • Sep 21, 2016 7:53am Sep 21, 2016 7:53am
Quoting FXClarity
Tend to agree with the above comments - I've got a target at 1.3160 but given we are now at 1.3000 and just shy of a market structure high leading into the US session of an FOMC day - chop and stop hunting is expected
I have target of 1.3150, Hopefully it will sur[ass Resistance of 1.3000
  • #441,049
  • Sep 21, 2016 7:54am Sep 21, 2016 7:54am
Quoting arasheed
{quote} You are right 1.3000 Area seems to be a Resistance.
more lower in process GBPUSD
  • #441,050
  • Sep 21, 2016 8:00am Sep 21, 2016 8:00am
Quoting arasheed
{quote} I have target of 1.3150, Hopefully it will sur[ass Resistance of 1.3000
Yeah - looks as though we heading into the same zone at least.

Another fall through 2950 into FOMC wouldn't surprise me in the slightest...in fact its exactly what I expect will happen
  • #441,051
  • Sep 21, 2016 8:02am Sep 21, 2016 8:02am
3000 has held, shorts favored. Target 2945
I'm high on trading, cant you tell?
  • #441,052
  • Sep 21, 2016 8:48am Sep 21, 2016 8:48am
Strongly upward. So I have a position from 29800 to target 30400.
  • #441,053
  • Sep 21, 2016 8:48am Sep 21, 2016 8:48am
What is everyone's thoughts on the decision later.

Fed raises rates = GU goes south?

remains the same = ?
  • #441,054
  • Sep 21, 2016 8:52am Sep 21, 2016 8:52am
Market should hit first .3100 then may go down is considerable.
  • #441,055
  • Sep 21, 2016 8:57am Sep 21, 2016 8:57am
here my next trade.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 37 KB
  • #441,056
  • Sep 21, 2016 9:02am Sep 21, 2016 9:02am
Quoting FXClarity
{quote} Yeah - looks as though we heading into the same zone at least. Another fall through 2950 into FOMC wouldn't surprise me in the slightest...in fact its exactly what I expect will happen
My program shows Uptrend in H1,H4 and Daily
as per chart
Attached Image (click to enlarge)
Click to Enlarge Name: H1.png Size: 37 KB
Attached Image (click to enlarge)
Click to Enlarge Name: H 4.png Size: 41 KB
Attached Image (click to enlarge)
Click to Enlarge Name: D 1.png Size: 44 KB
  • #441,057
  • Sep 21, 2016 9:27am Sep 21, 2016 9:27am
Am i correct?
  • #441,058
  • Sep 21, 2016 9:33am Sep 21, 2016 9:33am
Quoting arasheed
{quote} My program shows Uptrend in H1,H4 and Daily as per chart{image}{image}{image}
nice analyse
  • #441,059
  • Sep 21, 2016 9:40am Sep 21, 2016 9:40am
Quoting nairate
I bet we will see a rate hike... markets will be surprised... and the world will be dark ...
I would not be surprised at all - when you see everyone and his dog going in a particular direction you start to wonder
  • #441,060
  • Sep 21, 2016 9:47am Sep 21, 2016 9:47am
target hit
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