Go bears GOOOOO!!!!!

Cable Update (GBPUSD)

The chart movement looks like it will dip but won't catch up 1.215 or 1.218. But it may break recent low at 1.2303. If it goes through the previous support. Next week we might see 1.218 and 1.215. (Newbie Analysis, seniors are allowed to judge and ...

Cable Update (GBPUSD)

BoFA: $147 Billion inflows into US treasuries in year to date. so USD news can be positive and we can expect GBP to dip again.

Cable Update (GBPUSD)

Analysis.

Cable Update (GBPUSD)

Am I close?

Cable Update (GBPUSD)

I think, price retrace will start somewhere 1.22300. But USD may drop GBP/USD again.

Cable Update (GBPUSD)

It almost gave a hit to my tp but it literally missed my TP and now I have drawdown.

Cable Update (GBPUSD)

There is still USD news pending.

Cable Update (GBPUSD)

Yes.

Cable Update (GBPUSD)

OOH MY GOD!!!!

Cable Update (GBPUSD)

Yes!!! I'm with short. Brown Shortie.

Cable Update (GBPUSD)

Many presenting their charts and analysis about GU going long. But this weekend, going long is too risky as compared to going short. Especially when you look at the major fundamentals of UK and EU. Also, stability of USD.

Cable Update (GBPUSD)

With GBP news in 15 minutes, I am going with the flow of candle. But with the USD news, I'll go short. Maybe short within 15 mins too.

Cable Update (GBPUSD)

I am going to play with the big lots with some tight SL. But first I need to know how many pips a news affect a candle. So, I'm gonna try tp at 80 pips according to your analysis and sl and 15 pip. Lot at 0.1 to 0.05.

Cable Update (GBPUSD)

I don't think it can make it to 1.215 anymore if the news after 30 minutes cannot move it down harder.

Cable Update (GBPUSD)

How to measure how many pips will move with news?

Cable Update (GBPUSD)

I believe selling GU is more secure than buying for now.

Cable Update (GBPUSD)

We may hit 1.22300 again. Later, the next news may push GBP to 1.215. GFK confidence rate is already below forecast. We going for a bearish ride. This is my personal POV, newbies do not follow, please. Exceptions are always there.

Cable Update (GBPUSD)

So the BoJ Press Conference will affect GBP too?

Cable Update (GBPUSD)

So today, everybody is confused. It’s 50/50 to understand the GBP/USD next move.

Cable Update (GBPUSD)