On any normal day I would be entertaining a short right about here but not today. We are at the day's open with London still going, this is very bullish still

Cable Update (GBPUSD)

Yeah all the big boys are happy that Greece is sorted, if only... I closed my euro long at 1.33 never expected them to bring it up this far. Fibre up 173.2 pips, last 20 avg was 99.6.

Cable Update (GBPUSD)

Right on time too

Cable Update (GBPUSD)

Fibre is up 170 pips on the day, which is extraordinary. Be careful shorting anything here.

Cable Update (GBPUSD)

Right into a bull candle on M15 and M30, you got b@lls; I am flat. Let's see where euro goes first.

Cable Update (GBPUSD)

OK, that's out of the way in the London session so NY can bring both Cable and fibre down now, let's see what happens, zee germans and greeks can of course still scr@w up the party

Cable Update (GBPUSD)

Everyday you are out by an hour, am going to buy you a watch and ship it over. I'll trade you for the pipe

Cable Update (GBPUSD)

No, my target was 5255 too (H4 support), got out at 530ish once I saw it not going anywhere further. Am letting FTSE and euro set new highs here before I am convinced of another attack on 53

Cable Update (GBPUSD)

Not going to happen with the FTSE and the euro setting new highs

Cable Update (GBPUSD)

Got out at 532, that was a lot of work for a lousy 40 pips. Looking at another go at 530 before London closes.

Cable Update (GBPUSD)

Still waiting, round number psych level next to go.

Cable Update (GBPUSD)

I am short, but just a bit of bad news from the US with euro as strong as it is and this thing is going to break clean through 538. I am keeping a close eye on it and my stops tight. It is Freaky Friday after all.

Cable Update (GBPUSD)

The euro boys are finishing their bowl of fibre, lots of selling pressure there and FTSE is finally realising that further North is nuts, Cable should be next. Short 5360 exactly where I got out on the last one....

Cable Update (GBPUSD)

Another WTF moment coming up here.

Cable Update (GBPUSD)

Fibre had a 145 pip run up, if we see some profit taking here it will give cable a chance to go down. If fibre and the FTSE continue its move up we will see a retest of 538 no matter how bad the GDP was.

Cable Update (GBPUSD)

Right now cable is not trading on its own accord, it is being forced by fibre and the FTSE, am still targeting 5255 though.

Cable Update (GBPUSD)

Bonkers, Franky brought us down, London corrected, 538 held on the correction, bad GDP and 535 holding on the reversal, FTSE going up and fibre flying on Greek news. Am still short biased just looking for a more definitive entry once the PA sorts ...

Cable Update (GBPUSD)

Am out at BE minus my commission, FTSE is not slowing down, fibre is taking off. Waiting for the markets to make a bit more sense here. EDIT: be careful shorters.

Cable Update (GBPUSD)

Always the lows and highs, look at H1 now there is resistance at 5397 and support at 53145-5325. Always draw your SR's on with a crayon, not a pencil they are zones of support not exact numbers.

Cable Update (GBPUSD)

FTSE getting close to yesterday's high of 5720, now at 5719. If resistance holds there, cable should head south shortly. Am short 5360

Cable Update (GBPUSD)