Sorry to here that Jamie glad to see you back mate.

Cable Update (GBPUSD)

Ok were back in last weeks range area, im still looking for 9800 area. Got 3 buys 2 at the higher level as shown.

Cable Update (GBPUSD)

Ok that was unexpected on my part, lol ,though im not sure such an aggressive pull back was in the charts. I’ve researched the situation we have with the gap. We have technically traded over an important price point (daily pivot + weekly pivot) ...

Cable Update (GBPUSD)

Man I hope its a breakout,another Doji would surely be some kind of record,lol

Malaysia

Be warned when I post alot I am normally wrong ,lol

Cable Update (GBPUSD)

Hi bro Im seeing a lot of long wicks there and a pretty flat top.The falling TL looks quite weak and not well respected. Just my view I could be wrong ,

Cable Update (GBPUSD)

Hey thanks Salah ,but im sure you would get the fundie hat, I know I have been focused to the upside pretty much all this year since the first monthly pin and a lot of the time that has not been correct, so I am trying to question myself more and ...

Cable Update (GBPUSD)

I enjoy debating it with you as we can make each other think you are a fundamentalist and I am trying to grasp fundamentals more I am also trying to base my views on numbers over longer TF’s

Cable Update (GBPUSD)

Not at all Salah ,So far this year there has been no right or wrong on direction as there hasnt been any ,lol

Cable Update (GBPUSD)

I think there is a bottom in the US housing I must admit. We do need positive numbers to back that up though and we could be at the bottom for some time which will keep rates low. On the other hand Ive looked at Halifax's latest report and I do not ...

Cable Update (GBPUSD)

Take the prelim GDP Salah if you look back over time that number ,although it was as forecast , was not good considering thier drive for synthetic growth with low interest rates.

Cable Update (GBPUSD)

Agreed Salah as soon as US show signs of a rate hike the picture will change in dollar favour. I still believe that interest rates are the daddy of the fundamentals’ as far as currencies are concerned. But you say US has had good numbers ,what ones ...

Cable Update (GBPUSD)

I must admit for cable to rise I do feel the dollar has to weaken as it has got stronger generally due falling commodities. Although when you look at the dollar strength on other currencies cable has held its ground very well ?? USDX has just hit ...

Cable Update (GBPUSD)

Well I have thought as to what is driving & going to drive this pair The BOE have confirmed that inflation target will not be at a comfortable area until 2010 and next week is the interest rate statement. Are they going to drop rates?...I very much ...

Cable Update (GBPUSD)

Well when we had the first 3 pins at the beginning of the year indecisive is exactly what I thought. Now im thinking more decisive, With 9820 odd being seen as a fair value these last six months. Personally I feel 9360 is now become a very strong ...

Malaysia

Heres my 30 min view

Cable Update (GBPUSD)

Ok the first one I posted is a week odd old The second one is today. Trend line retested and held Past performance on a chart is all we have other than fundamentals and Sentiment.

Cable Update (GBPUSD)

I see it too but its a long way off forming.

Cable Update (GBPUSD)

Well in the face of Dollar strength Cable is holding up quite well though unless we get a daily close 50 -60 pips above here its kinda looking bearish on the daily. S1 needs to break up on mine at 9769. 9650-9600 could be on the cards.

Cable Update (GBPUSD)

Im long from the bottom of today with 3 lots very tight stop. There is A 1 hr bearish pin forming on USDX +USD-CHEF A 1 hr bullish pin forming on EUR-USD +GBP-USD 15 min to go.

Cable Update (GBPUSD)