this is important support for GBP index we still in up trend and bullish in GBP but at the moment in retrace mode

Cable Update (GBPUSD)

its confusing indeed but i think 137.90 is a very powerful number we cannot have 4h close below that it can go below as a spike but not close below we stuck now at the daily gann lets see i expect price to go back to 139.2x area and over there i ...

GBP/JPY

after the bad daily close i think GJ is not yet done with the retracement it might go up for near 139.6x before heading down again for new low i will try to exit at entry level when it goes up and buy again if i see price below 138.50 most important ...

GBP/JPY

i think USD have one more last push down and then bull will attack very hard and go up

Cable Update (GBPUSD)

i have a software to do automated elliott analysis and i see 2 suggestion one say up from now and other suggest correction to near 137.50 area before going up for new high what u guys think 1 or 2

GBP/JPY

what if GJ decide to go low to 138.6x area before flying hummm

GBP/JPY

i am long now 139.26 SL 138.60 TP later

GBP/JPY

GBP index made great breakout for the triangle we might go down little bit test the triangle and shoot up again i think GBP will start going down after GBPJPY hit area between 141.70 to 144.20

Cable Update (GBPUSD)

looking at the GBP index we breakout the triangle but maybe we need to go down little bit to retest the triangle then shoot up again

GBP/JPY

i can see bullish H&S on 1h frame and i can see in 2nd chart this is the main channel which can top around 144s i would buy again fi it goes down to 139.20 area or lower

GBP/JPY

target area reached i closed now with 100pips profit still possible to reach 1.3350 but i will stay outside for now

Cable Update (GBPUSD)

i close half with 23pips profit and kept the rest floating with SL at BE

GBP/JPY

i bought GJ at 139.14 SL 138.64 just testing lets see if we can see 141.70 to 144 this time

GBP/JPY

so time to catch GJ bottom is it gonna be 138.5x or 137.6x

GBP/JPY

if 4H candle close above the white line i will buy to target 1.3250 to 1.3350

Cable Update (GBPUSD)

note if 4h close below 138.80 i will turn to bear

GBP/JPY

i got lucky it went down 45 pips cheaper but i was taking a nap hehe i couldnt buy it when it touched the up trend i will find another entry again i think now GJ is heading to 140s and it will make a top there and another deep correction again

GBP/JPY

i exit my long now at 139.43 with 15pips profit i will wait outside i might get lucky to buy it cheaper

GBP/JPY

i think its fair now to put SL on yesterday low just incase things gets ugly but the safest SL of course is 137.80

GBP/JPY

this is the GBP index chart its clear we are in a triangle and just a corrective move before breaking up and making new highs so bull still there and they will attack when they want

Cable Update (GBPUSD)