Overall UK economy is weak, the news may sink the GBP/USD. Later there is an unemployment news from USD. It may or may not pull back the GBP, if it does pull it back. It won't pull it enough, later it will start bearish movement after USD news.

Cable Update (GBPUSD)

Yes, a clear gap between 2 big bearish candles.

Cable Update (GBPUSD)

Sell Limit 1.23275, SL 1.23200. TP 1.22690. Buy Limit 1.22700, SL 1.22600. TP 1.22920 Yet, keeping an eye on the chart to modify the positions. SL ratio remains the same with the change of the position. Now, let's wait for the news.

Cable Update (GBPUSD)

Not going to trade with Buy. Already beared 85$ loss. I'll wait for the news, then harvest a little profit from the wick's recovery. Then gonna wait for the price correction pull back. And then the game begins with the sell. This week wasn't lucky ...

Cable Update (GBPUSD)

I wonder what caused this drop.

Cable Update (GBPUSD)

After news, we might see another break of previous low at 1.227. If so, I'm going short, target should be 1.215.

Cable Update (GBPUSD)

Just heard, a week ago Birmingham got defaulted.

Cable Update (GBPUSD)

I can see W pattern at M5 and M15. Possible target can be 1.23370 or somewhere close.

Cable Update (GBPUSD)

1 Mahina hua hai shuro kiye. Atay he funded account wash kerne ka mood nai hai,

Cable Update (GBPUSD)

Yes, that can be a possibility. Also, take a look at daily chart. Head and shoulder pattern is complete even in H4. Trend reversals are possible. This is making me hold 3 long positions showing me loss. But exceptions are always there.

Cable Update (GBPUSD)

Looks like we are sinking, it's not gonna stop. Maybe a little pull back before major crash to the support at 1.2100.

Cable Update (GBPUSD)

Umeed to hai tab he hold kiye betha hun. Dekho ab kya hota hai.

Cable Update (GBPUSD)

I think the same, GU will hit 1.215 next target.

Cable Update (GBPUSD)

that was a mistake not using SL.

Cable Update (GBPUSD)

I’m going to hold my all positions till the news, before news i’ll close them all no matter in loss or profit.

Cable Update (GBPUSD)

how? It broke it’s last week lower, I don’t see GU recovering anymore. News today may dip it down again.

Cable Update (GBPUSD)

Stuck with 3 open long positions. Damn no.

Cable Update (GBPUSD)

I am long with 3 positions, I'm afraid if it breaks the lowest support.

Cable Update (GBPUSD)

Looks like Elliot Wave turning into Wyckoff, I guess.

Cable Update (GBPUSD)

Went Buy with 3 positions, waiting to for it hit TP. Really happy today.

Cable Update (GBPUSD)