1.39 has not been broken yet, watch H1 and H4 close

Cable Update (GBPUSD)

It was once above $5?!?! That mind boggling given that we are at $1.4 for now.

Cable Update (GBPUSD)

Just look at the volume of this current M15 bar, battle is on.

Cable Update (GBPUSD)

Took a long from 1.4, taget 1.4177, feels like I will be furked around London open, so whhat. Off to bed, ciao!

Cable Update (GBPUSD)

Price is about 350 pips from all the longer MAs I am watching, normally there should be some retracement trade, but since the situation is quite chaotic, I wouldn't bet on it.

Cable Update (GBPUSD)

Lol, if so he should spent the rest of his life in the cell

Cable Update (GBPUSD)

Not sure what happens to the SL is held over the weekend, due to the big gap, 136 pips on my chart, I reckon some broker will take 136 pips as loss even if your SL is less than 136 pips

Cable Update (GBPUSD)

Boris Johnson is a opportunist, I don't know exactly what his agenda is, but certainly he wants to replace David Cameron and he doesn't have the patience to wait until 2020. I used to think he's special, but now he is just an average politician with ...

Cable Update (GBPUSD)

Wonder anyone entered long on that Friday evening spike? I certainly wouldn't. But the news of David Cameron get the EU deal sounded so promising.

Cable Update (GBPUSD)

Daily weekly very bearish at the moment. No PA suggest any immediate bounce, but of course further PA can change this view.

Cable Update (GBPUSD)

To me, below 1.4117 is temporarily out of focus for now and more retracement is to come. Logic is, the initial fear has faded, and the Remain side is probably on a stronger side than the Leave side, with the EU deals in hand, David Cameron got more ...

Cable Update (GBPUSD)

Need to see a break above 1.41 1.4106 to feel confident about some further retracement coming. Otherwise it could be just trapped in a narrow range and waiting for another blow to the bottom. 1.40 is close, and we haven't been below that for a ...

Cable Update (GBPUSD)

Yeah, 7 bear candles in a row, I wonder why there hasn't been a big bearish candle down yet?!

Cable Update (GBPUSD)

It went down because market wanted it. Two pieces of UK data: the retail sales and PSNBR, both good and at record high. Cable goes down anyway. This is a market either where expectation mismatched with fact, or market pre-run for another piece of ...

Cable Update (GBPUSD)

Looks good, might be price vacuum to be filled, perfectly set up for any FOMC surprises.

Cable Update (GBPUSD)

Ummmm...

Cable Update (GBPUSD)

I think cable is set up for something quite nasty. We've got about 50 minute left for this H4 candle, we flushed 1.4243, hitting all the stops, then turned back On top, 1.4380 is still an unfinished business there. So at the moment, the direction is ...

Cable Update (GBPUSD)

So far the plan works

Cable Update (GBPUSD)

I shall call this bottom rejected for now, we should be looking to re-test 1.4380 before FOMC, then FOMC will take it from there, which I suspect is still USD bearish, meaning cable up. Let's see

Cable Update (GBPUSD)

Watch H4 close, and hope FOMC don't feck up

Cable Update (GBPUSD)