Yeah I stopped.my long too, I thought the rally would be much bigger after the recent rebound too, seems very sketchy, and there's so much room on the short side atm

Cable Update (GBPUSD)

I have been with family today so nice to see that the CPI came in to push GBP higher but I haven't been able to follow anything. I usually do everything on the PC so hard to look at things properly on my phone. At a glance it's looking like this ...

Cable Update (GBPUSD)

Taking a breather right now, Dollar on a pivot as it awaits CPI numbers , if numbers are as forecast/cooler than expected we can see fewer rate hikes and a reduction in inflation pushing it lower, the market is anticipating this so it makes sense ...

Cable Update (GBPUSD)

Oh so as i write that it hits high and retraces for a good short postition haha, lets see if that support holds

Cable Update (GBPUSD)

Morning all, Its been lovely to see this pair have grinded higher overnight - if i stick to my thoughts and charts yesterday I thought this push higher would pace the way up to 124.5 if it held, shorts to me look risky right now might be okay to ...

Cable Update (GBPUSD)

This is a good point - Firstly looking at daily it's still on trend but there is a lot of room on the downside for a bigger retracement where the upward is limited in the short term but its been grinding higher The weekly does look to be trading ...

Cable Update (GBPUSD)

Looking at the 1h trend on a bigger time frame or the 4hr, it's still looking in a bullish channel? Doesnt mean its staying these channels but this is what i see

Cable Update (GBPUSD)

I feel you I would have made profit off my shorts or broke even too and been looking for a better long entry, I closed out shorts anticipating a bit more of a climb or to get in and follow it down but due to working shifts I couldn't keep my finger ...

Cable Update (GBPUSD)

Closing the last 4h over 1.236 opens the path higher in my view, Next stop 1.24 -1245 - / Not depending on news and reaction but a good sign to target 1.25 again

Cable Update (GBPUSD)

Opened a short just before the reversal so that's why it's going long now , had a SL at BE so no issues. As above low.liquidity, retail traders jumping in late and all those sell orders happens both ways, squeeze out all those buys or new shorts and ...

Cable Update (GBPUSD)

So it was climbing up and in green for the day so I thought I'd have a nap to find it going the other way. Patience is key here as if I short now it's gonna go against me as always

Cable Update (GBPUSD)

So red data on a red day but some red news on the GBP could be weighing in...maybe some profit taking before the bounce !?

Cable Update (GBPUSD)

Using the opportunity of this dip to close.out some bad shorts and get on the right side of things selling now at 1.247 looking to take some profit and buy more longs of we have some bearish moment

Cable Update (GBPUSD)

Long was a nice buy in earlier, but I was only just waking up so missed it and was a bit too cautious going in this morning. Maybe I am being too optimistic hoping for more bearish action today to give me a good long entry - Knowing my luck it will ...

Cable Update (GBPUSD)

Holding into UK open could be sideways while the market waits for reaction to PMI data keeping the pressure on, looking to see if this breaks to the downside for heavy buys around 122/122.2

Cable Update (GBPUSD)

Short at 1.2311 - trailing the stop to secure profit and pending order for a buy on its way back up - looks like it needs some consolidation before a decent retest up to 1.24 and higher - It looks like it is being squeezed though - market reactions ...

Cable Update (GBPUSD)

Hi all, New to posting, trade GBP/USD and USD/JPY mostly - looking at this news closely - 25bps could push GBP higher - a pause could cause it to break lower. Fingers on the pulse

Cable Update (GBPUSD)