I agree. This pair is known for having a opposite spike first of its ultimate target price IMO. Therefore, I'll watch a possible spike down to around 1.4075 - 1.4100 for a buy to 1.4300.

Cable Update (GBPUSD)

Perhaps. We have to remember that a gold-backed dollar maybe in the works as we speak instead of all the FIAT that we have.

Cable Update (GBPUSD)

It could be a head-fake.....

Cable Update (GBPUSD)

I actually agree with Pipa1's algo. It is closely similar to the Market Profile indicator which measures the collection points of prices based on historical data in given time frames. A very powerful indicator indeed. The problem is acquiring that ...

Cable Update (GBPUSD)

I don't understand..... Pipa1 called longs at 1.419x with TP at 1.42xx.....prices are presently at 1.416 and consolidating for a possible move up. Sang called his trades at real time with both winning and losing results. I don't think neither ...

Cable Update (GBPUSD)

Yeah.....I saw in my dream I was in bed with 2 Swedish bikini models. Then I woke up beside my wife with an angry look on her face......

Cable Update (GBPUSD)

I think the problem with most people here, based on maturity and age, is that they care too much about negative feedback FROM PEOPLE THEY HAVEN'T EVEN MET OR KNOW. Give your opinion/s, step back, and don't give a shit too much about total strangers' ...

Cable Update (GBPUSD)

The top area was yesterday's open price which coincides with that fib level if I draw the projected low price. Technically, we are still in a sideways range on a larger TF (until 1.40). Therefore, if it hits the bottom area today, it might go up to ...

Cable Update (GBPUSD)

Watch out for these levels.... image

Cable Update (GBPUSD)

Bounced off the weekly pivot again (like yesterday). ADR is done.

Cable Update (GBPUSD)

Short at 1.4241, TP 1.40, SL 1.4250.....may correct from here a day or two....or maybe this week before attacking 1.4300. We will see.

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I fully agree....although it may not happen until June 1. They want this monthly candle to hover around 1.4180 - 1.4200. However, I will short when I get a double top confirmation at 1.4233 tomorrow.

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Agreed, but I do weekly targets since I gotta eat and pay my bills.

Cable Update (GBPUSD)

Looks like you nailed this bitch!. ADR is done, so by tomorrow/Monday 1.4233 - 1.4250 might be hit and close May around 1.4180. A move down to 1.39 may follow starting June. Let's see what happens.

Cable Update (GBPUSD)

I agree that a massive down move will occur but I wouldn't be surprised if it happens after month end. Look at the monthly candle. Someone said May will close at 1.4180. Let's see what happens.

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This is what I got...mind the channel image

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Can you provide a screenshot of your latest algo levels? Thanks.

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May retest as double-top then down, or reach the upper channel level. IMO, the dollar should depreciate more over time due to the massive stimulus this administration did (almost $4 TRILLION!) in its first 4 months. image

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Real cases or made up cases? This narrative is almost dead in the US. Thanks to this pandemic, it got rid of other killer diseases like cancer, heart attacks, pneumonia, hypertension, etc....

Cable Update (GBPUSD)