Yes I will be much happier if price can break 1.5950

Cable Update (GBPUSD)

Hi, sorry I had to rush off for a while, (do some real work!) so couldn't answer your question. I went long simply because price hit ascending trend line on daily chart. And yes I'm still in the trade. My target is 1.6000.

Cable Update (GBPUSD)

Hi I'm now in this trade going long from 1.5896. I have already moved my stop to break even.

Cable Update (GBPUSD)

+150 pips on this trade. I'm waiting now to see if I go can long at 1.5890. However I will definately wait for confirmation of a reversal before I go long. If no confirmation candle, I'll wait on the sidelines for now.

Cable Update (GBPUSD)

bbmac thanks for that advice Yes I will probably wait for a confirmation of a reversal on a 15m chart before I enter the trade. Or I will look to go long if the 50% fib and the trend line is broken and then used as support on the 15m chart.

Cable Update (GBPUSD)

Hi I'm looking to short at 1.6068 Based on 50% fib and descending trend line See attached 4hr chart

Cable Update (GBPUSD)

It will be interesting to see if we can break 1.5888. I'm currently short from 1.5926

Cable Update (GBPUSD)

I've moved my stop to break even.

Cable Update (GBPUSD)

Yeah I'm going long for 70 pips from 1.5879 tp 1.5949 sl 1.5829 Then I'll look to short from 1.5949

Cable Update (GBPUSD)