Update : As long as 1.34576 is still stand not broken or daily close below this figure, a possible reversal will be in place.

Cable Update (GBPUSD)

Agree. If no big boost the price have a way to 1.3400 or maybe more. Boosters where are you ? Damn!

Cable Update (GBPUSD)

The cable stalled at 50% Fibo. Next resistance is 1.3567. On 4H chart gives consolidation. The price can go up further but it might takes time. Next bulls revisit target at this time is 1.3591

Cable Update (GBPUSD)

no mistakes until now, all prices are covered. If the price can go through 1.35550 choppy play will be until further buying. Not optimistic for bulls but they still need some boost. Current half an hour will be definitely very important.

Cable Update (GBPUSD)

If 1.3489 can be maintained, this will be good news for bulls.

Cable Update (GBPUSD)

Some figures that might help: Daily Pivot 1.35489 Weekly Pivot 1.36029 Weekly Resistance R38% 1.37191 Moving Average 55 @ 1.36364 Any daily close over these figures will help bulls and below these figures will definitely help bears for more short ...

Cable Update (GBPUSD)

Good Notice. However, the price still did not create a right flag yet. See the other uptrend flag on the left side of the chart how it is made and how the price action went up then. With channels analysis I believe there is still a good support area ...

Cable Update (GBPUSD)

I can see there is a big failure my friend. It is not just a word to go from 5 million to 1/2 million profit in a day or or few weeks either. No one can do that in the real world. But you can start with more logical figure and if you succeed to keep ...

Insane results using a bot?

Good opportunity for going long with GBP/JPY. See the chart.

Live Recommendations for currencies GBP, EUR, JPY, CAD & Bitcoin

Most of these prices have a revisit soon. For me I like of the price do a range between the support and resistance of yesterday. If the price can make a new high than yesterday it encourages bulls but it still needs a big boost upward to maintain ...

Cable Update (GBPUSD)

See this before any surprise above 1.3570

Cable Update (GBPUSD)

I agree with you. This might happen or the price will be in range until London open and the news. Anyway, 3 things still not good on charts and I still not feel comfortable with going long. First, the daily and weekly parabolic not strong enough to ...

Cable Update (GBPUSD)

Buy GBP/USD @ 1.3560 TP 1.3620 SL 1.3520

Live Recommendations for currencies GBP, EUR, JPY, CAD & Bitcoin

There is nothing that can be understand from your chart except rectangle support and resistance zones. Can you explain more !! Working with candles especially doji daily candles is a great evidence if the market can change the move or not.

Cable Update (GBPUSD)

Normally, the right when the US market is closed when 0.00 GMT, I do not trust other bar closing time because every zone has different closing.

Cable Update (GBPUSD)

Okay. Based on the theory of Broken Trend, Murrey Math Lines & Theory and the weekly Trend that has been broken as the chart shows with moving average 9 and 34 exponential that Broken Trend Strategy support. There could be another monthly trend that ...

Cable Update (GBPUSD)

Yep, there is no evidence except the doji candle that is forming at the daily chart that stand at 1.35714. The daily close will be at the end of this hour based on GMT close.

Cable Update (GBPUSD)

Cable has been installed at 1.35446 or 61.8 % Fibonscci retracement from 03.11.2017 until 17.04.2018. Any daily close below this level trigger more decline and a steep move that could continues until 1.30394 again. Be careful and I suggest to go ...

Cable Update (GBPUSD)

Update for Bullish Traders

Cable Update (GBPUSD)

I see the GBP/USD is under pressure and it is mixed for this week. Next week cable might go for correction until 1.3880 and maybe more for coming weeks. Selling at this time is not recommended. Bearish control is weaken. The light green lines are ...

Cable Update (GBPUSD)