10 minutes until this H4 bar close, if it close above 5205 then it would be quite bullish, that would put 5270 in sight.

Cable Update (GBPUSD)

Ka-Boom, stops above 1.52 triggered, focus definitely shifted for now.

Cable Update (GBPUSD)

Emmm Would see if 1.5205 breaks today, if so the correction would go much further

Cable Update (GBPUSD)

Some levels ahead, FOMC on Wednesdays, if the market attention turns to a possible postponing of the Fed rate hiking then Dollar should give up some of its recent gains, at least for some profit taking.

Cable Update (GBPUSD)

"ECB’s Coeure says exchange rate is a transmission channel for QE" That's a declaration of war, isn't it?

Cable Update (GBPUSD)

Got 131min23sec as I am writing, plenty of time to play

Cable Update (GBPUSD)

I think GBP will be pushing down until Mark Carney gives some clarity over the BOE policy reaction to ECB QE. My hope is that BOE will hold on the its current policy path, in which case GBP should recover along with mildly improving data. But who ...

Cable Update (GBPUSD)

Market can stay irrational longer than we can stay solvent. Betting on a CB doing something as expected is pointless.

Cable Update (GBPUSD)

Very bearish indeed, and stops below 1.5 just got triggered. Sell sell sell until it cannot go down anymore

Cable Update (GBPUSD)

7 months straight down, when was the last time this happened?

Cable Update (GBPUSD)

No they don't, losers.

Cable Update (GBPUSD)

Let's see if these buyers still got their mojo.

Cable Update (GBPUSD)

Finally we seem to have a proper reversal pattern. Fundamental and technical bother in favour of at least a deep correction. Target for breaching of B at 1.6520

Cable Update (GBPUSD)

We are looking at different time frame. I am intraday scalper so I really just aim for 30-50 pips

Cable Update (GBPUSD)

I might just have a wishful thinking.

Cable Update (GBPUSD)

Trendline touch and MAs

Cable Update (GBPUSD)

Long here and expect some bounce. Expect heavy vol before 18th Sept.

Cable Update (GBPUSD)

Watching this MN TL, long from 1.6570 again.

Cable Update (GBPUSD)

I think the market is a junkie nowadays, it will move to the direction where the next does is. If Yellen doesn't inject liquid into the market, then the market will play for Draghi's favour. Euro down, Dollar up then. Cable will dragged down by the ...

Cable Update (GBPUSD)