I'm still here, watching the action to see if there is any momentum left to the upside. 5070 is important here.

Cable Update (GBPUSD)

Hindsight is a wonderful thing, but profit in the bank is even better....

Cable Update (GBPUSD)

I am not getting into a long this far above the pivot, she could go as high as 5101 or she could collapse right here. Waiting for Geithner, DJ rise slowing.

Cable Update (GBPUSD)

DJ set a new 18 month high, dollar weakening further. We could see 5101 again. Still waiting for Geithner to finish.

Cable Update (GBPUSD)

Geithner speaking about Fanny and Freddy now, central to the recovery of the home market in the US. There is no plan for an exit strategy because they are so vital in any recovery. I am getting back in on the way down.

Cable Update (GBPUSD)

Geithner's speech may have something to do with this too, I am still out. 150ma is right below the DP on M15. Time for a sandwich and a cup of Pickwick

Cable Update (GBPUSD)

DJ is up too on the news. Then again this market can be awkward at times on either good or bad news. I am still waiting to see the result in the price.

Cable Update (GBPUSD)

Would be good to see the pivot on this retrace. HPI down.

Cable Update (GBPUSD)

I am staying out till the news, got my eye on fibre again.

Cable Update (GBPUSD)

The short is tempting, but am stayin out till the news.

Cable Update (GBPUSD)

Retrace is losing steam, would have been nice to reach the DP

Cable Update (GBPUSD)

both cable and fibre are sticking to psych numbers, am going to have a look at jpy and the loonie.

Cable Update (GBPUSD)

Sweet dreams? you didn't miss anything.

Cable Update (GBPUSD)

Well, I finished the branflakes. All gone a bit quiet both Cable and Fibre are making up their mind.

Cable Update (GBPUSD)

What does the indian rupeeh and the new zealand dollar have to do with Sterling?

Cable Update (GBPUSD)

65 on fibre adding some sugar on top

Cable Update (GBPUSD)

Bloody teenagers, all they do is sleep all day.

Cable Update (GBPUSD)

sorry buddy, but am up 55 pips on fibre, that's how I pay the bills.

Cable Update (GBPUSD)

4976 is a big daily resistance. Have a look at D1 and watch the PA closely. I am up 40 pips on fibre

Cable Update (GBPUSD)

I am not commenting on where because I am focusing on fibre, think about a TS, don't be greedy and never ever turn profit into a loss. It has had a 90 pip run down so far

Cable Update (GBPUSD)