If history repeats itself, we would be at 1.3500 on September 24th.

Cable Update (GBPUSD)

If you measure the pips from the bottom of the 9/3/2019 candle to the top of the subsequent rally and apply those same pips to this instance, guess what you get? 1.3500.

Cable Update (GBPUSD)

It´s all for show anyway... The bill has no chance of passing in the House of Lords. Just smoke...

Cable Update (GBPUSD)

Yes. I was looking at it today. This could be a similar candle. It is still early...

Cable Update (GBPUSD)

It´s still early, but beautiful candle building on the Daily chart.

Cable Update (GBPUSD)

Maybe George Soros bought the pound...

Cable Update (GBPUSD)

Both of those are discounted in my view.

Cable Update (GBPUSD)

We may retest the low, but it is not necessary in my view because the whole move down was a retest itself. If, as I believe this is the low, we may never see the pound close to these levels again. After all, there is only one Brexit... Now we may ...

Cable Update (GBPUSD)

That is good to know. Where do you get the GBP Index chart?

Cable Update (GBPUSD)

Congrats George. Well... I win too... 1.2886 may be it for the drop. It could go lower or retest down to 1.2860 or so, but this is the 50% Fib retracement of the entire move higher, so it may be the low for a long time to come, maybe years... I will ...

Cable Update (GBPUSD)

Possible bounce to strong confluence at 1.3125. 1- 38.2 Fib retrace of drop. 2- S61 weekly support level. 3- H4 200 SMA.

Cable Update (GBPUSD)

What bill is due today?

Cable Update (GBPUSD)

It is obvious he meant 1.28 or 1.35 handle. Don´t change the rules midstream.

Cable Update (GBPUSD)

Up to where do you think it pulls back? 1.3188 would be a 38.2 retracement.

Cable Update (GBPUSD)

1.3250 looks probable now before down again.

Cable Update (GBPUSD)

What TP area do you see for this long?

Cable Update (GBPUSD)

Agree, I´m with you. 1.3250 to 1.3270 will be a great place to sell.

Cable Update (GBPUSD)

Probably going to 1.3250 before dropping to a new low around 1.3000.

Cable Update (GBPUSD)

It will happen, but not yet. Probably another week of consolidation first.

Cable Update (GBPUSD)

Are the times you mention UTC?

Planetary Cycles Trading (EUR/USD)