Yes since Brexit there are two obvious weekly highs...3370 and 3480, I would like price to reach 3480 to short from there back to 3100 before changing direction again for some more bullish action.... In between those price zones I'll be scalping ...

Cable Update (GBPUSD)

Today is a very sad day for me... Apparently ThinkMarkets(my Broker) across the globe has only 5 traders who use the 'cTrader' platform and they can't justify having to pay the owners the fees for just 5 traders to use it. I just ...

Cable Update (GBPUSD)

Yes and coming up is UK GDP for Q2, should be interesting seeing as it includes Brexit....although will be muted by Yellen's speech later...

Cable Update (GBPUSD)

I haven't taken any notice of what the content of her speech might be, but it's been in the news all week now and FX media have built it up to some earth shattering event that's going to bring us all to the promised land......sometimes (and as you ...

Cable Update (GBPUSD)

OK I'm basing my judgement on the fact the markets didn't move much last day or so and there looks like there's a lot of emphasis being put on her speech this year.... What else have the markets been waiting for this week if not that speech?

Cable Update (GBPUSD)

I'm predicting a Euro/UK session rally before settling down and waiting on the all important Yellen speech at 1.30pm London time.... So far Gbp/Usd price has been supported for last 4 days by the 5ema and is just below the 200ema on the 4 hour ...

Cable Update (GBPUSD)

Well done Mayly-May on your trading success so far and for your future successes....

Cable Update (GBPUSD)

Also looking at Daily chart I think the downtrend started earlier than that......at 1.7186 on 14th July 2014 Just think some Canny trader out there probably held or is still holding a short position on Cable since that day....

Cable Update (GBPUSD)

We have been in a bull trend since 15th of August and I'm not going to try and predict where it will fail, if there is some political will from the people in power to fight to keep Britain afloat then I see 1.2800 as the bottom. If they give up and ...

Cable Update (GBPUSD)

If price heads lower from here I can't see it going very far, EMAs are pointing to more upside and for the first time in about a hundred years now the 5ema has just crossed over the 200ema...with the 5ema at 3220 I would suggest price will bounce ...

Cable Update (GBPUSD)

Hey M8, I suggest putting a complaint to the forexpeacearmy.com if your having ongoing problems with pepperstone and notifying pepperstone about the issues and how they are getting a bad name in FX

Cable Update (GBPUSD)

Apparently this is not the whole Brexit employment details only part of it, next month will give a better picture and the way Cable has reacted says it still has the 'Brexit Blues'

Cable Update (GBPUSD)

Yeah change it to US time then you'll be part of the club, mixing with the big boys...

Cable Update (GBPUSD)

Yo Mate how are you...

Cable Update (GBPUSD)

Yes El Duende's chart is set to US open I think??? It's the only way to trade on 4hr.. Mine is set the same...just the way it's set up on cTrader or it's my brokers preferred way.. On DailyFx their chart is same...US time

Cable Update (GBPUSD)

Crack 2980 and we head to 3000...also I don't want it to go back to 2900 as I see that as on the way down, prefer it to trade between 1.3000 and 1.3600....I'll give Carney a call and let him know...

Cable Update (GBPUSD)

That they are, that they are....

Cable Update (GBPUSD)

I don't want to speak to soon but 20 and 50 emas are holding up well with 5ema well above them...so still biased to upside but we shall see....obviously the Markets liked something about them US figures Vice Chairman Dudleys speech to do with not ...

Cable Update (GBPUSD)

Stop hunting you think????

Cable Update (GBPUSD)

Well my opinion is they are still correlated but Eur/Gbp is sucking the life blood outa GBP, every time you get a half decent rally Eur/Gbp buyers are there to spoil the fun...

Cable Update (GBPUSD)