1.2207 is the R. I'd rather look for highs to sell than buys. Watch out for the fake upward moves.

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

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EURUSD only

1.2217 is the last resort.

Cable Update (GBPUSD)

There you go... patience...

Cable Update (GBPUSD)

Once 1.2217 gets broken then more downside. I think it'll likely be moving sideways for the rest of the week.

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

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EURUSD only

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EURUSD only

4hrs

EURUSD only

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EURUSD only

If gu goes down below 1.22, then we will be testing the Lows of 1.20 and 1.1950. Trade carefully today.

Cable Update (GBPUSD)

Update:

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

1.2193 - 1.2218 is support zone. As long as it intact bulls will be fine. But be patience. EURGBP need to break below 0.8545.

Cable Update (GBPUSD)

Update:

Cable Update (GBPUSD)

It depends on the which currency you trade against. Both of them raising rates means, tug of war.

Cable Update (GBPUSD)

Bulls need CPI numbers same as previous. Bears need terrible one.

Cable Update (GBPUSD)

If tomorrow's CPI comes stronger than expected then it's 1.2050.

Cable Update (GBPUSD)

Yes. Took me again @ 1.2260. So no more trades today. Robber banks plating with the retailers. Tomorrow is the day.

Cable Update (GBPUSD)