Last three days been trading between these two ranges....I'm tipping a breakout today to the upside plus there is also end of month money flows to take into account My reasoning for more upside is if Cable and Euro were weak we would have seen it ...

Cable Update (GBPUSD)

Well US August Consumer Confidence came in better than expected, I'm not saying Cable is now heading south but it definitely took the wind out of it, but could regain it's bullish bias later. Apparently comments from Teresa May saying she doesn't ...

Cable Update (GBPUSD)

Was waiting for US news....August Consumer Confidence

Cable Update (GBPUSD)

Yep so through 3117 we can expect a jump of at least 30 pips....I'm looking forward to that but sleep might beat me.. might just put a buy limit on.. It's bounced away 4 times in the 30 minute charts...so I'm tipping next one will ...

Cable Update (GBPUSD)

Yeah but I'm saying 'Across" the board....

Cable Update (GBPUSD)

Cable has been the surprise standout currency of the day, apparently rising across the board....I wonder what's driving it? Possibly it's related to Yen weakness...

Cable Update (GBPUSD)

Man you have to laugh....apparently US Treasury officials are disappointed that the EU wants Apple to pay their fair share of Tax to Ireland.....we have the same problem here with Multinationals offshoring their tax obligations to Singapore where ...

Cable Update (GBPUSD)

Also the 5, 15 and 30 minute charts are all in positive territory now and 1 hour starting to get there and must be driven by sell off in Eur/Gbp because Cable was heading up when Eur/Usd was still heading down. Eur/Usd starting to move up now

Cable Update (GBPUSD)

Yes I've made 30 pips today but another 40 would be much better.....could be an interesting US session ahead..

Cable Update (GBPUSD)

It's what he didn't say, which was when the US will raise rates also he mentioned negative rates were working for other countries central banks... Also yes the UK news wasn't that good and Cable headed down to demand area of 3065 and was bought at ...

Cable Update (GBPUSD)

In his speech there was lack of talk about imminent rate hike and he mentioned negative rates working for other central banks.. Shame his speech wasn't good for 70 pips....LOL It has however pushed Cable into more positive territory re. timeframes ...

Cable Update (GBPUSD)

That little move up is due to US Fed Vice-Chair Stanley Fisher speaking to Bloombergs...will it continue?

Cable Update (GBPUSD)

And probably 99% of all posts here are to do with gbp/usd....

Cable Update (GBPUSD)

From day one of this thread there was no rules stating you couldn't post about other currencies and I see no problem with that especially when an 'off topic' currency can directly affect GBP/USD......

Cable Update (GBPUSD)

Both areas good for buying unless there is a strong push downwards...

Cable Update (GBPUSD)

It's interesting that buyers want to come in at 3065.....well it is to me...It's like their defending that level because below there we could head to 3000, so is there an option around 3100 that needs defending? Guess this answers my question and I ...

Cable Update (GBPUSD)

Cable still looks week thou, a break above 3100 would be nice...

Cable Update (GBPUSD)

You know I'll be happy to get Yellen outa the way, pain in the backside waiting for these events......

Cable Update (GBPUSD)

Just remember with Yellen's speech there could be wild swings in Euro and Cable..... Actually I'm an hour ahead of myself, Yellen not for another hour....

Cable Update (GBPUSD)

Usd/Jpy being sold off at the moment in anticipation of Yellen, Euro heading up taking GBP with it....

Cable Update (GBPUSD)