5390 and below are quite congested, I am still looking for long from here.

Cable Update (GBPUSD)

We haven't got any data point this week, so the act so far could be merely a continuation of last weeks momentum. 5390 is an interesting level though.

Cable Update (GBPUSD)

Hi fontu, was looking at 5300 since last week as well. Thank Fed now the price path depends more on what data we get so still on hold until we have more clue.

Cable Update (GBPUSD)

On weekly have a 5402 from mid-Feb weekly resistance, so maybe it is acting as a support as we waiting for data. Feels long from here offers good RR, still thinking though.

Cable Update (GBPUSD)

We have US core durable/CB consumer sales today, then UK advanced GDP 2nd est. on Thurs. US core durable has been bad since beginning of this year, there are two scenarios: 1.Market has priced in a bad number this month 2.Market expect a picking up ...

Cable Update (GBPUSD)

Should have sold at 5420.

Cable Update (GBPUSD)

Would there be a bounce selling opportunity later today?

Cable Update (GBPUSD)

Quite bouncy last couple of hrs. Low liquidity days are difficult to trade

Cable Update (GBPUSD)

I would want to sell but question is from where, maybe 5524-5545, if it gets there later today. But since EU/US/UK bank holiday today, it will be very quiet and very sloooow, patience needed

Cable Update (GBPUSD)

The CPI reaction shows the underlying strength of the $, so depends on what Yellen says cable of course could hit 5470, maybe even lower. The o of last wkly candle is 5439, maybe we will get a OB at this wk's close.

Cable Update (GBPUSD)

Hi E I exited some at the first poke down 5620. held the rest to 5575 amd my tp was hit.I was not in front of my laptop but feels like I hit a bonus. very lucky finish of the week.

Cable Update (GBPUSD)

I hope so, I am still hold yesterday's 5690 short anyway

Cable Update (GBPUSD)

US CPI coming in 30 mins time, the movement could be two way,CPI surprise at this moment to have big impact. I think the fact that the bottom is poked is clearing the way for a move down, that that will expose 5570. I could be wrong.

Cable Update (GBPUSD)

My 5690 short is still alive, waiting for 5600

Cable Update (GBPUSD)

Yeah, agree. I am holding on to it as long as my SL holds.

Cable Update (GBPUSD)

Can I take it this way?

Cable Update (GBPUSD)

Sell 1.5690, 1.5715 sl, hope to reach 1.5600.

Cable Update (GBPUSD)

I am always skeptical about the retail data, simply because it is very volatile. I do admit that recently the mean is turning positive though. The data switched from minus to plus on Dec18 2014, on the news, cable jumped 120 pips from 1.5550 to ...

Cable Update (GBPUSD)

There's a gap on my chart, so short from 5650 target 5600, then long from there seems to be a play that may work.

Cable Update (GBPUSD)

Impressive run for cable, if 1.5650 breaks convincingly, then maybe we should be looking for a HH on daily to the previous trend.

Cable Update (GBPUSD)