Taking another run at 1.5

Cable Update (GBPUSD)

Mine has 5086

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It is a good site to double check your automated pivot levels, just to make sure they are not out of wack.

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Use this

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She is long gone, on the way to Weight Watchers as we speak....

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It all depends on the time frame of your broker, some use GMT some NY, some use Kathmandu for all I know.

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PA is not supporting a further move up on this run. Settling back down to 4942?

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I got out at 50095, keeping an eye on the PA here. We will probably consolidate here for a move in either direction.

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Yeah, 1.5 is a massive psych number. If 1.5 goes, 1.516 might as well not be there.

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Can't, my hands are too busy putting in long orders...

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IF it continues I have 1.5009 as initial target, may set a TS once above 1.499

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No guarantees, this is forex.

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Be patient, we are in the scrum. eyes on 4980

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It is support becoming resistance. Could be a textbook retrace to 1.5009

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I am taking a small long to see if this is the retrace to 1.5. Watching closely target 1.5009?

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Especially as we are seeing lower highs and higher lows on M15 in the past 3 hours or so; tightening of the range, nice compression of the consolidation.

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You can always go scalping.....

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I don't see Darling coming up with anything sensible here, fait accompli, our beloved one eyed scottish idi@t is out.

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Typical Monday, Franky boys are scratching their head staring at the coffee grounds.

Cable Update (GBPUSD)

Interesting PA here. 4966 was briefly violated an hour ago and 4970 established, the PA on M5 is now showing respect for 4966 again, 4946 is a minor support formed on M5 which may give impetus to the lower move. Still waiting for my ma to catch up ...

Cable Update (GBPUSD)