If this is wave 4 (I still have 1.2938 down there), it should hit at least 1.3092 of 1.3153....

Cable Update (GBPUSD)

While I've been waiting for this wave 5 of A early this week, wave 4 didn't really hit any significant levels (I was expecting at least 1.3183) which is why I think this move up could actually be wave 4.....

Cable Update (GBPUSD)

Dump and pump or pump and dump? What a gang-bang.

Cable Update (GBPUSD)

Now, if this holds at 1.3062, starts wave 4 of wave A up to 1.3183 - 1.3235.

Cable Update (GBPUSD)

Agree. This is just trending sideways at the moment with no defined hi-lo levels. Trade it if you have trend indicators such as COG. Otherwise, stay put and wait.

Cable Update (GBPUSD)

Either 1.3062 to 1.3183, or 1.3183 to 1.2935 Whichever comes first.

Cable Update (GBPUSD)

My take..... This will probably go up to 1.3428 and down to 1.3183. I believe we have reached wave 5 last night and is now starting corrective wave A. Best to watch either 1.3300 and/or 1.34277....wait and see.

Cable Update (GBPUSD)

If she's over 150lbs, then throw her a burrito to shut her up.

Cable Update (GBPUSD)

He was short expecting a turnaround at 1.3174 until this thing just rocketed up. I've been there and it's not a good feeling so give Moty some time to reflect.

Cable Update (GBPUSD)

Starting to trickle out now.... url

Cable Update (GBPUSD)

If the official result is way more than 86 seats for BoJo, then this might hit 1.40....

Cable Update (GBPUSD)

It was waiting for a catalyst to move this thing up or down...... Unemployment at 252k.....

Cable Update (GBPUSD)

I think this market is due for a major correction before going up. Don't be surprised if some dickwad journalist tweets that it will be a hung parliament and then a later retraction after the elections. I'm net long until 1.3280 (with TP at 1.32 of ...

Cable Update (GBPUSD)

Why does this look like they're bidding it up just to crash it big by election results Friday morning???

Cable Update (GBPUSD)

Yep.....done.

Cable Update (GBPUSD)

Friday options expiry closes at 1630 Zurich time. This might be causing this sideways crap. Two levels to watch for are 1.3150 and 1.3200. Correction. url There is $1.4 billion call expiries above 1.31 so they will make sure this stays above that ...

Cable Update (GBPUSD)

That's the strategy of making consistent income from forex trading. Get your 20-40 pip gain and push yourself away from the table. Now you can play golf, sleep, or whatever you want to do for the rest of the day....

Cable Update (GBPUSD)