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Cable Update (GBPUSD)

  • #444,261
  • Oct 23, 2016 5:23am Oct 23, 2016 5:23am
http://uk.reuters.com/article/us-bri...source=twitter

http://news.forexlive.com/!/parliame...-benn-20161023

if you will be hard output from UE GBP USD, strong sales, if soft is likely to bounce harder
  • #444,262
  • Oct 23, 2016 10:39am Oct 23, 2016 10:39am
The channel with the fat lines looks like it will be challenged.
It's almost like it's itching to get broken.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 89 KB


Also, D1 has formed a channel.
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 36 KB

I'm getting bullish to be honest.
Still have a little sell-scalp on, let's hope for the best.

Could be the end of the huge sell-off.
I think we can slowly make a case for buy from 1.22 on.
Demo only
  • #444,263
  • Oct 23, 2016 10:42am Oct 23, 2016 10:42am
Quoting bg_sunny
The channel with the fat lines looks like it will be challenged. It's almost like it's itching to get broken. {image} Also, D1 has formed a channel. {image} I'm getting bullish to be honest. Still have a little sell-scalp on, let's hope for the best. Could be the end of the huge sell-off. I think we can slowly make a case for buy from 1.22 on.
I'd love to watch the open today, but it will be 11pm here. Gotta hit the sack at that time.
Demo only
  • #444,264
  • Oct 23, 2016 11:17am Oct 23, 2016 11:17am
Quoting jc2181979
Im insider trader sell gbpusd all someone told me next wednesday will have 1300 pips drop
Seems we've got Soros here...
  • #444,265
  • Oct 23, 2016 11:23am Oct 23, 2016 11:23am
GBP/USD was slightly stable this week with no pushing either side of the field and remaining at 1.22/23 level, but the pressure is towards downwards as obvious, so that’s it’s absolutely no for long trade but even for short we need to be good with timing.
Attached Image (click to enlarge)
Click to Enlarge Name: ^B72D504A80BF77BFCD64FB75026A829D3F5AAE61E79CE3D162^pimgpsh_fullsize_distr.png Size: 22 KB
  • #444,266
  • Edited 2:42pm Oct 23, 2016 1:05pm | Edited 2:42pm
my d1 looks like
month open major issue
side seen (196p w1 range)
long wick but data change on mine up since flash and other numbers out there ,what to believe
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 100 gbp USD d1 (DFB).png Size: 33 KB
Click to Enlarge Name: gbp usd 497 pip23 Oct 2016 07-52-14.png Size: 45 KB
Click to Enlarge Name: 1 gbp usd w1 USD (DFB).png Size: 32 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #444,267
  • Oct 23, 2016 4:22pm Oct 23, 2016 4:22pm
There is a chatter going on in FF, THat the big banks are planning an Exodus early next year .
GU is heading down heavily dis week!
  • #444,268
  • Oct 23, 2016 5:15pm Oct 23, 2016 5:15pm
Quoting yuddy
There is a chatter going on in FF, THat the big banks are planning an Exodus early next year . GU is heading down heavily dis week!
Yeah it's hard to ignore that article. Some pain coming for sure but maybe clearing London of financially corrupt institutions could improve its' image not to mention remove another meltdown threat.

Got a 4hr hybrid look that's still bearish with a pause/break/follow through
If legit, daily has opened below it.

All in line with weekly view
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 21 KB
Click to Enlarge Name: GBPUSDH4.png Size: 26 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 16 KB
Come with me if you want to live....
  • #444,269
  • Oct 23, 2016 5:51pm Oct 23, 2016 5:51pm
While technical indicators hold flat, but Brexit risk still exist and the pair well within bearish territory, further decline may continue. Next support level holds at 1.2169.
  • #444,270
  • Oct 23, 2016 8:54pm Oct 23, 2016 8:54pm
is it going to be punished for not complying with the global plan to merge into a unified monolith?
big money makes big moves and then hides during small money chasing.
  • #444,271
  • Oct 24, 2016 12:14am Oct 24, 2016 12:14am
PRE OPENING WEEKLY REPORT
Ubi maior minor cessat
  • #444,272
  • Oct 24, 2016 12:46am Oct 24, 2016 12:46am
Inserted Video
  • #444,273
  • Oct 24, 2016 1:42am Oct 24, 2016 1:42am
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD_H1.gif Size: 203 KB
  • #444,274
  • Oct 24, 2016 1:48am Oct 24, 2016 1:48am
USD Weakness on the EU:
Trendline /Channel break on M15 and beautiful rollover after the break:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20161024-084443.png Size: 312 KB


Next target: 1.09500
Attached Image (click to enlarge)
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Potential spillover of USD weakness to GU.
Markit Manufacturing PMI will tell.
Demo only
  • #444,275
  • Oct 24, 2016 1:55am Oct 24, 2016 1:55am
keep it simple

another triangle, another break. It's more probable it will be continuation triangle like before.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 59 KB
  • #444,276
  • Oct 24, 2016 1:59am Oct 24, 2016 1:59am
if broken resistance
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD_H1.gif Size: 207 KB
  • #444,277
  • Oct 24, 2016 2:56am Oct 24, 2016 2:56am
nice
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD_H1.gif Size: 209 KB
  • #444,278
  • Oct 24, 2016 2:58am Oct 24, 2016 2:58am
Quoting jc2181979
Im insider trader sell gbpusd all someone told me next wednesday will have 1300 pips drop
Reaaaaaaaaally, pals are you hearing this ?
  • #444,279
  • Oct 24, 2016 2:58am Oct 24, 2016 2:58am
Quoting elbert3
Look at 4 hour I would like to see if the last candle was a fib correction and 2250 would be a good long trade to see it on its way to close the gaps might get a up gap if so I would've buying the bottom and holding it to a gap with sl on the open bottom . That's me gl guys regards E
As above the bull candle on the 4 hour to the left could be the start . And now we might have a 2nd bull candle ??? Let's see
  • #444,280
  • Oct 24, 2016 3:01am Oct 24, 2016 3:01am
Quoting yuddy
{quote} Reaaaaaaaaally, pals are you hearing this ?
Best not to answer that type of post it would of have a bit more credence with some chart to explain . O ps . My mate said gu is going to 1.82 ?????
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