Could be in for some buying now with price and the 5ema above the 200ema on the 5 minute charts....

Cable Update (GBPUSD)

It's actually not 'Off' topic, if there is suddenly a lot of buying in Usd/Jpy that causes Gbp/Jpy to rise as you know and can lead to Gbp/Usd rising, were all expecting some sort of pullback after Gbp/Usd fell back to 2900 and this could be the ...

Cable Update (GBPUSD)

Before I go I would have to say this has to be the most perfect head and shoulders pattern of any chart ever.......Daily U/J and I'm sure theres a lot of traders noting this.....might be good for bounce next week???

Cable Update (GBPUSD)

LOL....that is a good one, I'll vote for that..

Cable Update (GBPUSD)

So your saying you expect a bounce from this level going up by at least 100 pips?? Actually I now remember the earlier post with the chart analysis on it.... I would like to be that confident but in this market atm I'm finding it difficult ...

Cable Update (GBPUSD)

Yes folks it wasn't my imagination....the blood sucking pair really is getting sold off at the moment....it is not an illusion, but how long can this miracle last for???

Cable Update (GBPUSD)

Cheers Lock...and have a great weekend....

Cable Update (GBPUSD)

Finally looks like that blood sucking pair Eur/Gbp is coming of it's highs and we'll see some bullish movement in Cable....I said Maybe..LOL

Cable Update (GBPUSD)

Yeah I thought there would be a bullish move from here back to the 2980 area....

Cable Update (GBPUSD)

I thinks Mayly-Mays line is a contender for quote of the day.....LOL "maybe you are right this pair it curse by darkness maybe give him 5 year to 1.5 again hehe"

Cable Update (GBPUSD)

Yeah I agree but usually on such poor news from US it's a 100 pip move then a pull back of 30 then up again....

Cable Update (GBPUSD)

Well Euro made me a liar...small spike up then also started heading south again....I guess this move up on news was never about a buying continuation, just a quick profit. Maybe head back up later then make me a liar again....LOL

Cable Update (GBPUSD)

Well Euro gaining traction now from pullback so could drag Cable up with it(saying could, don't quote me) but Cable being hammered by Eur/Gbp so no follow through to the upside....

Cable Update (GBPUSD)

I'll take the second option thanks M8...

Cable Update (GBPUSD)

Quote of the Day anyone???????

Cable Update (GBPUSD)

Hahahaha....thanks M8 appreciate that... I wasn't getting stuck into 'Pointlessfor' more a comment on Cables snail pace movement these days and bearish mood... It's a great idea that.....we definitely have to do it....

Cable Update (GBPUSD)

That's right Prop Traders listen to the Man.......3077!!!!

Cable Update (GBPUSD)

And my opinion hasn't changed.....should have been good to at least 3070

Cable Update (GBPUSD)

What do you mean Fader????

Cable Update (GBPUSD)

Liquidity 100% above average.....

Cable Update (GBPUSD)