Consolidation zone, two way trade. Got to be fun Fischer and Yellen, give us some!

Cable Update (GBPUSD)

Feels a bit eerie now. The TL was broken, but no convincing reversal candles. The longer it stays below 1.5560-1.5570, the more likely another leg down will come, 5200 maybe too stretched this week, but 5391 is realistic.

Cable Update (GBPUSD)

1.75..........

Cable Update (GBPUSD)

Cable up while EURGBP down, now EURGBP hit support, Euro and Cable has gone opposite ways the past 1 and half hour or so, wonder what's next

Cable Update (GBPUSD)

TL + Channel top, now 1.5566 seem to be a tough spot to crack.

Cable Update (GBPUSD)

It's moving up now

Cable Update (GBPUSD)

Long?

Cable Update (GBPUSD)

Otherwise, upon break 1.5530, take a long against a bounce on 15530 to 1.5570 maybe a scalp to take

Cable Update (GBPUSD)

Waiting for a selling opportunity. 1.5570 zone to watch

Cable Update (GBPUSD)

Double top at 5530, so I am still holding this mofo and waiting for a break of 5496. If no break then it is ranging then I will exit and go to bed.

Cable Update (GBPUSD)

The engulfer has a upper tail, to me it's weak. H4 close in about 45min, where it close matters more.

Cable Update (GBPUSD)

EURUSD is trying 1.1120 while EURGBP is held up by 0.7180. So I feel there's still some juice in keeping this GU short scalp here. See 1.5480 then 1.5450. Most like get out at 1.5480 unless it is flushed.

Cable Update (GBPUSD)

Try a short from 5515, sl 10, target 5500 then 5480 depends on the PA.

Cable Update (GBPUSD)

The momentum of the bounce from 1.5450 is fading, after touching of 38.2% of the drop earlier. Now unless a credible breaking of 1.5530 is in place, I'd see it double checking 1.5450 or near place first.

Cable Update (GBPUSD)

It's ok to be wrong, but it's wrong to be stubborn. If 1.1141 breaks then looking to short.

EURUSD

If it does track your mileage, then there'll be millions pay you to keep driving until the end of the world

EURUSD

Small long from here, maybe? Don't think the ECB rubbish should be taken this seriously.

EURUSD

Boom boom, another leg down.

Cable Update (GBPUSD)

Sell the rumor buy the fact here? Anyway there's something to be played out around 1.5550.

Cable Update (GBPUSD)

A weekly close below 1.5731 and we will see 1.5550 again next wk. UK CPI next Tuesday, watch the PA.

Cable Update (GBPUSD)