Any explenation of this strong GBP move ?

Cable Update (GBPUSD)

Looks very much like a flag indeed! Well, if you are good at charts thats all you need!

Cable Update (GBPUSD)

Nice chart! Thanks for posting! I am not familiar with HH, HL, what does it stand for? And what do you make of a Candlestickformation like that? Thanks for helping out.

Cable Update (GBPUSD)

Would you like to post a chart of it ? Loves your chart`s! Very clean, and easy to see your analysis!

Cable Update (GBPUSD)

Surprisingly and annonying end to that candle.. As long as we don`t get a 1h close over 1.5912, not to much to worry about in my book. Do you have any thoughts on how todays USD GDP can impact this pair ?

Cable Update (GBPUSD)

Yupp!

Cable Update (GBPUSD)

If the pair breaks below the fibcluster at 1.5850-area. Then 1.575 seem`s very likely. With PA as it is now. I am expecing it to break trough on this 4h candle ( 3hours left of that candle ). We are allready under 1.5878 which looks to be the ...

Cable Update (GBPUSD)

Nice chart. And good Analysis. Do you expect this down move to be siccnifficant? Personaly I would Expect it to be, after the bad GDP two days ago, and the bad numbers this night. I think the voting have have given this pair more strenght then it ...

Cable Update (GBPUSD)

Thanks for your answer. Yes. But by raising intrest rates, they will get lower infaltion. Right? More expeinsive to borrow, and get money..And the GBP will increase in value. With the bad GDP, why would they do so? Woulden`t it be in their best ...

Cable Update (GBPUSD)

Hi. Long time no see Back to trading again after a Christmas break. I see that the BOE minuttes had two votes for increase in intrest rate, why would this vote increase by one after the bad GDP yesterday ?

Cable Update (GBPUSD)

Yepp. 1.6083. Didn`t hold to well. 1.6070 need to hold or I am out of my long.

Cable Update (GBPUSD)

Pair is having alot of bullish candles on 1h. And have just touched the 50fib. Retrace from the last upswing. Likely to go north from here. Also. USDX is at a resistance point, which should weaken the dollar. As long as we hold over 1.6083. This is ...

Cable Update (GBPUSD)

May I ask why u say 3735. ? when it is having such hard times getting trough 1.3725 ( 61.8fib)

EURUSD

Pair seem to be capped at 1.3725. 61.8fib. Looking for a retrace to 1.3665.

EURUSD

Are you in any position at the moment ?

Cable Update (GBPUSD)

Have been awake for about 34hours now, so I don`t stop trading to often

Cable Update (GBPUSD)

A very bullish 1h candle is forming. I think we have seen the bottom for today, and a retest of 1.6150-1.6160 area is not unlikely within the next hours. I have my first TP at 1.6129. ( 50% fib retace ment on this down move)

Cable Update (GBPUSD)

Looks like USD are running out of steem for today, that could get this pair back in its range again, and with a 1h candle close higher then 1.6010, I think 1.6160 will get tested again.

Cable Update (GBPUSD)

Yapp, dropping some! Could also be forming a double tweezer bottom which will get it back to 1.6125 again, lets wait 11 min for the 15 min candle close and see.

Cable Update (GBPUSD)

Understand Even tho it dosent seem to have the strenght to break lower as far as I can tell. Gold aren`t close to breaking 1.4000, and the USDx are forming bearish right away. Likely to get back in the same range that we have been the last few ...

EURUSD