Nothing changed from this analysis, price bounced off 1.4010 went back to 1.3950s struggled before breaking there then continued down, still to test around weekly support 1 3880s As market price is moving, I'll adjust a little the support to start ...

Cable Update (GBPUSD)

Now if GU goes to 1.39 then goes back up to 1.41 some smart will pop up to say look I told you it will reach there like those folks who bought at past 1.40 talking same about 1.41++++, they disappeared when price went ...

Cable Update (GBPUSD)

If u just drew a line at my said 1.4010 instead dreaming of 1.41 like many others.

Cable Update (GBPUSD)

Come down

Cable Update (GBPUSD)

Retrace to 1.3950s that joins current daily/4hr. support is coming. Deeper one expected to hold at 1.3880s that's the weekly turned support. The last daily candle high can be the high of the full week done on one crazy day! Only above 1.4010s might ...

Cable Update (GBPUSD)

Seems a perfect bearish doji star being formed on 4 HR.

Cable Update (GBPUSD)

Just checking my account stats today, despite all this fancy huge bullish movement today, managed with 70 clean pips profit on one account, but holding floating sell orders on another 2 accounts, still managed around 50 pips on each. And waiting for ...

Cable Update (GBPUSD)

12 hours ago the up move started from 1.3835, now after the last test at 1.3990 again, the trend line support gave up and the pair is trading off waiting for confirmation of deep retrace by a base below 1.3970 first.

Cable Update (GBPUSD)

Oh! I don't look that low in TF. Just strange how this jerk keeps going up while EU nicely retraces every single time.

Cable Update (GBPUSD)

Was wondering WTF is that 1.3943 to stop many times at and go up, couldn't find any reason

Cable Update (GBPUSD)

Party ended. GU will initially retrace down to around 1.3930 and 1.3900s turned to a higher defense for today. If daily can close around there, it can break there to go lower tomorrow.

Cable Update (GBPUSD)

EU moved way smoother than GU, after breaking 1.2020s went to the expected around 1.2050 and came back to 1.2020s No one as a bear should had sold before 1.2020s anyways and added another position 1.2040s so it was a win win at worst case.

EURUSD

Don't get me wrong, there's a possibility on chart(up to not just 1.40 but 1.4070 too) for such move as also for down move, just as resistance turns support and vice versa according to PA, as there's always 2 probable ways, but the question is, ...

Cable Update (GBPUSD)

OK still EU moving reasonably by hitting around 1.2050 on weekly, now support turned to 1.1980s A base above the first is bullish by being the initial starting point for more upward on daily first!

EURUSD

WOW 220 pips one direction in 2 trading days for what reason Support increased to 1.3850s initial and 1.3880s high defense that are on the weekly. Further resistance around 1.3950 and 1.40

Cable Update (GBPUSD)

EU topping at 1.2020s with GU topping 1.3880s

EURUSD

Hourly close above 1.3860 will trigger the move, but a spike to 1.3880s then close below 1.3860 would be best dream bears want. ***IMO 1.3880s is the max level for up move(unless fakeout), for a simple reason that above there on weekly can trigger ...

Cable Update (GBPUSD)

Here we are at 1.3850s but signs of heading to 1.3880s in air before any real retrace with the said 1.3810 Max. Low support if pair goes higher than current high.

Cable Update (GBPUSD)

GU went back to weekly support 1.3810 that was resistance, and now it's at 1.3850s. If the first get based below again, will open for 1.3730. Above the latter is bullish.

Cable Update (GBPUSD)

Was monitoring the market closely to sell the pair on Friday with one single order at last moment that's high price, to then come here and see folks with decorated sell lines all over the chart from 1.3720 to 1.3820

Cable Update (GBPUSD)