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Cable Update (GBPUSD)

  • #444,881
  • Nov 2, 2016 3:44pm Nov 2, 2016 3:44pm
Quoting Ill-b-back
{quote} Quite risky I think. I think bulls will be hunting the monthly pivot and maybe 2365 area
bears starting to enter the fray

Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDDaily.png Size: 23 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 24 KB
Come with me if you want to live....
  • #444,882
  • Nov 2, 2016 3:57pm Nov 2, 2016 3:57pm
good support at 2280,
i'm neutral now ... maybe looking to close my shorts
  • #444,883
  • Nov 2, 2016 4:52pm Nov 2, 2016 4:52pm
Quoting Ill-b-back
{quote} bears starting to enter the fray {image} {image} {image}
still bear,
i guess 2260 should be tested again before any attempt to break 2350
  • #444,884
  • Nov 2, 2016 5:44pm Nov 2, 2016 5:44pm
Looks like the key areas to keep an eye on today are the 1.23151 and the 1.22754.
Attached Image (click to enlarge)
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  • #444,885
  • Nov 2, 2016 6:39pm Nov 2, 2016 6:39pm
So many news for GBP today.. look the calendar!!
  • #444,886
  • Nov 2, 2016 7:37pm Nov 2, 2016 7:37pm
Helped by the Dollar's weakness, the Pound is back to correction movement around 1.23 level after hit today's high at 1.2354. I would wait until the Bank of England's economic policy meeting this Thursday.
  • #444,887
  • Nov 2, 2016 7:51pm Nov 2, 2016 7:51pm
this things trending D1 + below no doubt were in the original channel
Attached Image (click to enlarge)
Click to Enlarge Name: 1 d1 USD (DFB).png Size: 42 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #444,888
  • Nov 2, 2016 8:47pm Nov 2, 2016 8:47pm
An announcement of the legality of Brexit is due at 10am UK time.
 
Brexit: High Court judges to give legal verdict - http://www.bbc.co.uk/news/uk-politics-37855207
 
Should it rule that the referendum is non-binding then GBP could very well skyrocket...
  • #444,889
  • Nov 2, 2016 11:46pm Nov 2, 2016 11:46pm
Quoting andexQ
{quote} still bear, i guess 2260 should be tested again before any attempt to break 2350
yep, watching 2250 - 2270 area for a push to 2390-2410.

Come with me if you want to live....
  • #444,890
  • Nov 3, 2016 12:49am Nov 3, 2016 12:49am
Quoting Ill-b-back
{quote} yep, watching 2250 - 2270 area for a push to 2390-2410.
Yep I agree

Asian took out the 1.23151... Now can London take out the 1.23521
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 103 KB
  • #444,891
  • Nov 3, 2016 1:10am Nov 3, 2016 1:10am
Inserted Video
  • #444,892
  • Nov 3, 2016 1:34am Nov 3, 2016 1:34am
EARLY MORNING REPORT
Ubi maior minor cessat
  • #444,893
  • Nov 3, 2016 2:11am Nov 3, 2016 2:11am
What a pre-europe move in thin liquidity (jpy bank holiday) again. Best time to break resistance is when everyone's still asleep.
  • #444,894
  • Nov 3, 2016 2:15am Nov 3, 2016 2:15am
Quoting mades
What a pre-europe move in thin liquidity (jpy bank holiday) again. Best time to break resistance is when everyone's still asleep.
Likely culprit

http://www.bbc.com/news/uk-scotland-...itics-37852628
Pride always comes before destruction.... -Proverbs 16:18
  • #444,895
  • Nov 3, 2016 2:28am Nov 3, 2016 2:28am
Dollar might get a pay back beating from all pairs today, but Gbp ain't qualified in this match, she still gat a divorce case in court, hence she can't contend with king dollar.
  • #444,896
  • Nov 3, 2016 3:32am Nov 3, 2016 3:32am
Today's GBP S/R levels on MT4 templates

Enjoy the Morning & Good Luck

CABLE
EURGBP

CABLE PINK
EURGBP PINK

All other regular pairs's here : http://www.forexfactory.com/showthre...30#post9233130
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #444,897
  • Nov 3, 2016 3:33am Nov 3, 2016 3:33am
if we break the 12364 this morning it is very likely that we go to 12440 but the court ruling at 10 will have a big say in where we will go.
  • #444,898
  • Nov 3, 2016 3:34am Nov 3, 2016 3:34am
Quoting yuddy
Dollar might get a pay back beating from all pairs today, but Gbp ain't qualified in this match, she still gat a divorce case in court, hence she can't contend with king dollar.
Dear yuddy
WAIT FOR NEW KING " YUAN "
  • #444,899
  • Nov 3, 2016 3:58am Nov 3, 2016 3:58am
Quoting arasheed
{quote} Dear yuddy WAIT FOR NEW KING " YUAN "
Really?? When is the crowning date?
  • #444,900
  • Edited 4:21am Nov 3, 2016 4:02am | Edited 4:21am
Quoting Dalchow
if we break the 12364 this morning it is very likely that we go to 12440 but the court ruling at 10 will have a big say in where we will go.
The good thing is whatever the outcome of the ruling, there will be direction, daz what y'all want. Daz what every trader needs.
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