It's at the point where it could find support now and allow dxy to rise. Interestingly gilt yields falling so should be bearish for cable if the dollar can hold up. Tough one indeed. I dare not call the top and short here. Edit- nevermind, did it ...

Cable Update (GBPUSD)

US10Y yields still falling. Approaching 159bps though which I think will support.. maybe!

Cable Update (GBPUSD)

The guy on Bloomberg said potentially a big print on the US retail sales, maybe 10pc. Might give us a breakout down.. lets see. Always a hard call.

Cable Update (GBPUSD)

Now, US retail sales coming out and expecting a big print. Will this give us our breakout down on GU I wonder. Wish I was still in short with my runner.

Cable Supply & Demand Intraday

Which way?

Cable Update (GBPUSD)

Forex.z1- just noticed you're in Glasgow! Another Scot! I'm on the other side in Edinburgh but lived in Glasgow for a few years.

Cable Supply & Demand Intraday

Remainder stopped out BE. Could I have taken all profits and reversed here? Yes, but I didn't have the channel projected at the time. Along with the 0.382 and 5m demand just below it was a good spot to reverse buy given the tight range. Feeling a ...

Cable Supply & Demand Intraday

Half removed at +35 pips

Cable Supply & Demand Intraday

Perfecto, this was the drop we were looking for first time around! Removed half at 35 pips

Cable Update (GBPUSD)

Yeah, honestly I've not been paying much attention the past couple of weeks been dipping in and out, had lots of other distractions. Hopefully back at it with more focus here on out. Today is quite tricky on GU. I think it's inclined to fall but ...

Cable Update (GBPUSD)

Stop to BE and similar profit targets in mind closer to 1.37. Not going to try shorting again if this returns up to 1.38 today. I need dollar to find support in this demand area but Treasuries are rallying putting some downward pressure on today. ...

Cable Update (GBPUSD)

Shorting 1.38, but I will get my stop to BE very quickly and not re-enter if stopped. TP open again.

Cable Update (GBPUSD)

I would love to short up here at 1.38 again. Things are a bit ropey on the dollar with Treasuries enjoying a rally pushing yields down. I'm just not sure if dxy is going to find support here. I think yes possibly but i'm not confident in shorting GU ...

Cable Supply & Demand Intraday

Stopped at BE unfortunately. Dollar continuing to tank

Cable Update (GBPUSD)

Stop set to BE just a couple mins before the time of this post edit- daily pivot giving a strong reaction, I feel the trade will still be ok though edit- taken out at BE unfortunately. Went 16 in profit then a sharp rebound off the pivot whilst dxy ...

Cable Supply & Demand Intraday

I set my stop to BE TP is always open because it depends on price action but have somewhere closer to 1.37 in mind God speed bears

Cable Update (GBPUSD)

Welcome, thanks for the sub! I've been kind of away from the screens for the last 3 weeks or so just trading intermittently (life distractions). As such i've not really been focussed and not following my rules as consistently, missing entries a lot ...

Cable Supply & Demand Intraday

I shorted 1.3795, initial SL 10 pips, TP open, SL to BE asap. Post chart later. This has to be a winner how bad would that look, first call in a new thread and it crashes and burns Preparing to set stop to BE shortly

Cable Supply & Demand Intraday

Short at 1.3795, initial stop 10 pips, SL to BE asap, TP open

Cable Update (GBPUSD)