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Cable

Successful Short Trade (BOOMER Market)Cable (British Pound Sterling , GBPUSD ) is in an obviously beautiful BOOMER market, accelerating North! During an Uptrend market like this is, one of the wise things to do - is to ride the wave, buying on dips. As per the CONDI Trading System rules, the only trading allowed in this setup is (strictly!) with the trend. T.m. only taking Long trading opportunities, 100% confirmed by the CONDI Trading System. Recognized (yet another) such opportunity at point marked with the callout. Trade successfully closed with profit within 9 1h candles. Happy CONDI trading!
Long
by CONDI-Trading
Chart GBP/USD Update: Limited scope above 1.3600The pullback towards 1.3500 has given way to a corrective bounce from 1.3520~, whilst oversold intraday momentum studies unwind. FX:GBPUSD is trading around 1.3600, but falling daily stochastics and the bearish Tension Indicator are expected to cap any break to below the 1.3675 Fibonacci retracement. Following corrective trade, downside levels are expected to attract, with a later close below 1.3500 adding fresh weight to sentiment and opening up the 1.3450 weekly low of 11 January.
Short
by Continuum_Economics
GBPUSD December OutlookThe cable has had a bullish run so far for some months. A swing low(as shown in the chart) was formed and price continues its bullish run. I expect price to continue its bullish run to the order block at the 1.3700 price level (also shown in the chart). There seems to be a lot of liquidity at the level as a result of relative equal highs which makes it an added confluence and high probability to go bullish to the order block. As per the analysis I expect a 'bullish cable Christmas'. haha. Follow me for more trade ideas and general market commentary
Long
by Jay1906
CABLE BIG PIX! - Bullish Wedge BreakOut Targeting 1.5000 In 2021Now that GBPUSD has violated the monthly bullish wedge (as explained in our 22/11/2020 post below), bullish rally may commence in 2021! First obstacle is at 1.4000 level which may likely cause the pair to pullback towards the first bullish-order-candle at 1.34000 level (or deeper at 1.25000). Any price rejection from thence will then be targeting 1.50000 and above. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Long
by BullBearMkt
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