cable just broke the bearish channel second resistance lies at 9877 but there something weird going on i mean commodities falling and dollar rising but cable isn't falling( a lot of buyers) beware traders we might be witnessing a trend reversal

Cable Update (GBPUSD)

thats the perfect answer so far. but cable can easily fly i think above its resistance if US unemployment was bad and it might show possible trend reversal signs. KARMO my friend hamdellah 3ala l salemeh we missed ur posts in here.

Cable Update (GBPUSD)

dude u are reading the first post which is very old and if u read it well doesnt make any sense to the current condition because how can we go up to 1.9000 from 19770???????

Cable Update (GBPUSD)

thats the funniest bush clip ever especially the part where he says:" Is our children learning" " or we should take the high horse and the low road" makes u think if he passed 2nd grade. I mean english is our second language and my 5 year old nephew ...

Cable Update (GBPUSD)

i dont think a man like soros will wait any longer unless he knows something we don't euro will fall hard this year it will be the true money maker.

Cable Update (GBPUSD)

u are correct in everything u said . truly insightful my friend and i agree about eurozone problems and i posted it 30 min ago. individually countries are crying because of housing and credit unemployment will start increasing and if they wait like ...

Cable Update (GBPUSD)

it is always great to read ur analysis i just wish u would post more often. however i have to disagree i think cable will retest 9400 or possibly 9300 (which is the most important resistance of all) and then possibly back to new highs. however i ...

Cable Update (GBPUSD)

we have very important UK data coming out. If it comes it will kill cable. and we also have housing data which could show a good number like last month and that would make 2 months in a row for good housing data from US which means stronger dollar ...

Cable Update (GBPUSD)

gr8 analysis bro but ur taking the dollar out of the equation and thats wrong because its not all about technicals. so while i agree that cable is bearish i dont think the targets u drew are likely to happen if US stays in such bad shape. good luck ...

Cable Update (GBPUSD)

dude if theres something i learnt about this market it is this: THERE ARE ALWAYS SECOND CHANCES so dont feel like u lost the opportunity of a lifetime.

Cable Update (GBPUSD)

beware bro we are hanging on 23.6 fibo( 1.9370--->2.0397) it might go bounce back or it might just sink if euro starts falling

Cable Update (GBPUSD)

I dont know my friend but for now technicaly and fundamentally lead to only one way for euro: SOUTH but I wont put my money on the line because as u know the news is full of surprises. good luck bro!

Cable Update (GBPUSD)

i hate to spoil ur parade for longs but it seems that oil is retracing a bit that might or might not have a positive effect on dollar but in the scenario where it might then euro will fall taking cable further souh with it.

Cable Update (GBPUSD)

75 bps???????? thats highly unlikely after these PPI numbers plus im sure CPI will hold a surprise much like the one we saw today. Plus oil is up only because of supply demand issues and not because of weak dollar. so dollar should not depreciate ...

Cable Update (GBPUSD)

i thought oil is up due to the insufficient supply due to bahrains decrease in supply and mexico's port closing or something like that!!!!!!!!

Cable Update (GBPUSD)

give it some more time im sure it will

Cable Update (GBPUSD)

the way it looks now is that the news this week whether US or UK related wont be in favor of cable so we might see a big drop to the major resistance which was strong enough to hold 3 times : 19300 but if next week US home sales were as good as last ...

Cable Update (GBPUSD)

IF US news come in good euro will fall and take cable with it

Cable Update (GBPUSD)

hey bro im out because this CPI number is a big one and should have a strong impact. overall my bias is bearish but u never know.

Cable Update (GBPUSD)

2.035 or u actually mean 2.35

Cable Update (GBPUSD)