sorry false alarm

Cable Update (GBPUSD)

euro is moving downwards!!!!!

Cable Update (GBPUSD)

its been 6 hours with the same range. how much patience can one have

Cable Update (GBPUSD)

i think u better check again dow is moving lower than opening session.

Cable Update (GBPUSD)

DOW down geppy down this might affect cable and push it back to 19480 level

Cable Update (GBPUSD)

i dont know about that since usd is pretty weak and its getting weaker

Cable Update (GBPUSD)

US markets r in. that might push dow and geppy

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thnx

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wat made u say that

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i dont know about that but then again ur probably much more experienced. as i have been studying forex for 3 months. thnx for the feedback keep em comin

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no i mean weak dollar. i know UK is heading for a recession but it seems that usd just keeps getting worse and worse and financials seem to have priced in 50 bps rate cut targetting a 75 bps.

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i really believe that fundamentals will have the bigger role in shaping the near term trend. because it seems technically like it could burst either way. but im just a newbie so any feedback would b apprecuated.

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the opening bell is in a few minutes if dow continues its rally upwards it might take geppy and cable with it. lets c 5 more minutes

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still not feeling very bullish cause i think this move is due to the bullish move in dow and in geppy. technically speaking i think this is a rebound from three sessions of bearish moves.

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my pivot is 19558 using fibo (38.2 retracement line) 4h wats urs?????????????

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y isnt anyone commenting on this hike?

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thnx for explaining that. thats all i wanted to ask so that i can c wats the relation between them and cable so i think i cant ask that in their thread.

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looks like a good time to short but im afraid its fundamentally not week so that might be a bad idea. any advice

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is this always the case?????????

Cable Update (GBPUSD)