inside bar on 4 hr chart indicated a strong reversal ahead.

Cable Update (GBPUSD)

Higher TF > Short signal on EURGBP > Daily timeframe > Price close below 100 MA > Short now and hold for long term trade and lots of pips!

Cable Update (GBPUSD)

Everybody is expecting the market to reach .5550, i think it will break above .5500 to about .5521, and then drop back down.

Cable Update (GBPUSD)

That looks like a false breakout. The big bankers are waiting for retail traders to sell to and then down the price will go.

Cable Update (GBPUSD)

Or this

Cable Update (GBPUSD)

I am also short 1.5494 with same SL.

Cable Update (GBPUSD)

Price action is the strongest indicator. Several inside bars formed on the 1 hour chart.

Cable Update (GBPUSD)

Reversal pin bar formed on 1 hour EURGBP which will cause the GBPUSD to go down in corellation.

Cable Update (GBPUSD)

The inside bar on the 1 hour chart: After much bullish pressure and buying, buyers and sellers were balanced at this point; thus causing the inside bar. As most of the market at this point were buyers (which is why the price went up) Buyers (most of ...

Cable Update (GBPUSD)

The bears are now starting to reclaim there territory. This was always a bear market to 1.4800. The GDP release was IMO expected and not that surprising at all. There was talks last month that the UK has missed the triple dip recession. Therefore it ...

Cable Update (GBPUSD)

Price will decline to stall at 1.5340 then steadily freefall like a feather to 1.4800.

Cable Update (GBPUSD)

There is market chatter of commercial buyers at 0.8500 on EURGBP which will push GBPUSD lower.

Cable Update (GBPUSD)

A big reversal is about the take place. The best forex indicators are price action it self. The price has formed an inside bar on the 1 hour chart,

Cable Update (GBPUSD)

Close all long positions now and open sell positions. As inside bar has signaled a reversal/correction. An inside bar has formed on the 1 hour chart and is also forming on the 4 hour chart.

Cable Update (GBPUSD)

Inside bar is formed on 1 hour chart GU. This may indicate a strong reversal/correction after a large upmove.

Cable Update (GBPUSD)

Managed account — Any good traders here do account management? Made big loss with another managed account who went short since the beginning of the bull rally.

Cable Update (GBPUSD)

Non Farm Payroll — NFP Predictions . .

Cable Update (GBPUSD)

Pound and Euro — The pound usually follows the euro. Why didnt the pound follow today with the euro drop? Or do you think there will be a delayed reaction by the pound?

Cable Update (GBPUSD)

break below 1.5650/40 zone, previous lows / main bull trendline, would risk stronger weakness

Cable Update (GBPUSD)

Crash — The ultimate test is 15800 region. Price action below this means the pair is still bearish, if concisive break and close above that price, then bulls are in play. At the moment, the stronger signal is that GU will come crashing down.

Cable Update (GBPUSD)