I hope you closed that a while ago while you had the chance. A good long will come but it is not here yet. Don't fight the trend, look at your charts, trendlines are broken all over the place and look at the gu chart between 1992 and 1993 to get an ...

Cable Update (GBPUSD)

great...

Cable Update (GBPUSD)

I cannot understand these people..

Cable Update (GBPUSD)

There is no long signal anywhere.... why would you long now.. Short all rallies, we are going to 8350 or lower..

Cable Update (GBPUSD)

I agree. I did my analysis based on similar levels plus other indicators and it all points to 83xx area. Based on the weekly it should happen this week and as you said, we could see a good bounce up from there..

Auslanco - GBP/JPY and GBP/USD (newstrade)

It seems there will be no gap..... url

Cable Update (GBPUSD)

There are two lower trendlines on the higher timeframes as illustrated below... The blue one was broken at 9000 but the red one is now holding so far... but keep an eye at the period between 1992 and 1993..... Daily and weekly suggest we should go ...

Cable Update (GBPUSD)

Ok..... so I am thinking.. Inverted hammer on the weekly Bearish engulfing on the daily with lower low (lowest in two years) UK registering weak data one after the other Bounce getting weaker and weaker off the 8500 support. Oil falling over $6.50 ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Ok..... so I am thinking.. Inverted hammer on the weekly Bearish engulfing on the daily with lower low (lowest in two years) UK registering weak data one after the other Bounce getting weaker and weaker off the 8500 support. Oil falling over $6.50 ...

Cable Update (GBPUSD)

New low already in place on the daily and the weekly is looking very very bearish right now. It seems we could go to 8100..

Auslanco - GBP/JPY and GBP/USD (newstrade)

If you see a long on this 4h, fine, but maybe I need glasses...:nerd: bar closes 45 minutes..

Cable Update (GBPUSD)

I think a good move up will come but if the week closes at these levels, we will go down some more first...

Cable Update (GBPUSD)

naked gu weekly chart is looking like this...

Cable Update (GBPUSD)

sorry...

Cable Update (GBPUSD)

quite possible because we are setting up for a very bearish weekly candle..

Cable Update (GBPUSD)

Didn't hold...... did it? If 8511 goes... look out below....

Cable Update (GBPUSD)

I forgot to mention that it could also tank if it was worse than expected... I did not open a position because I was waiting until after the gdp figure. I did not take this short and I missed out on a lot of pips...... I am still on the ...

Cable Update (GBPUSD)

price stopped at the 4h 50ema and is currently ob.... retracement is due. I am not shorting though as I am looking to buy a dip. If the gdp figure coming up is in line or better than forecast, this thing could fly.. I think we should see at least ...

Cable Update (GBPUSD)