Yep, talking levels.

Cable Update (GBPUSD)

You are talking about 2 different areas. Support and Resistance is not the same as supply and demand.

Cable Update (GBPUSD)

The more tests the higher the probability, also the way it comes into that level and reacts gives a big indication of whether the supply/demand will hold or fail.

Cable Update (GBPUSD)

Last 4 times testing the 1.666 level price has been quickly rejected. Seems to me the buyers at this level are know being over run and level could break.

Cable Update (GBPUSD)

First gap down to be filled at 1.666. Like this spot for a reaction to retest upper levels.

Cable Update (GBPUSD)

Funny thing it was exactly the same a couple of weeks ago on the daily down trend for the bulls and then the bears were saying "why buy". The pair is in an obvious weekly range with both bullish and bearish pricing going into obvious strong supply ...

Cable Update (GBPUSD)

Like this 550 level for a short.

Cable Update (GBPUSD)

Horizontal lines strongest in the trend and since the daily support matches up with the monthly break out of the triangle I think the 250 is the level to hold or fail. The pound just looks heavy to me and the breakout has not been convincing in any ...

Cable Update (GBPUSD)

Not quite sure how you evaluate that move as a weak leg down? looks like a highly efficient move down to me. Market fills in all the way down with no need to retrace.

Cable Update (GBPUSD)

Sorry my apologies wrong thread. Thought I was in EU thread.

Cable Update (GBPUSD)

Its run up only 20 pips since she started. Most of the move was down on her testimony.

Cable Update (GBPUSD)

Started url

Cable Update (GBPUSD)

Speech was released a while ago. url

Cable Update (GBPUSD)

Theres a lot of filling up to do below if its to get any higher above 9050. Started fading Aussie as well.

AUD/USD

I see 6350 test of support and rejected as a good entry for longs

Cable Update (GBPUSD)

I don't think you can ignore the clear rejection from strong support at the 6250 area or the strong rejection 6600 area. From my view a lot of the strong fundamentals and expectations for the cable have been priced into the market so would need ...

Cable Update (GBPUSD)

Currently some good rejection at that level. See if she holds..

Cable Update (GBPUSD)

Couldn't agree more...

Cable Update (GBPUSD)