Buy at 1.2452 (if we get there), SL 25 pips below, for a move to 1.2768. I believe we are almost completing wave 1 of a bull market here. Incidentally, I work for a British firm and our hedge rate for this year is 1.56. Who knows?

Cable Update (GBPUSD)

Murrey Math lines at 1 hr. It could bounce off at 1.2573 or continue that channel down to 1.2451.

Cable Update (GBPUSD)

Some buyers emerging at the current level....

Cable Update (GBPUSD)

I have 1.2372 based on the 333EMA on 1hr.

Cable Update (GBPUSD)

Hopefully, this uptrend is not over yet.....not until it hits 1.2695-1.2725. This needs a strong close about the trendline to bounce off... Otherwise, we're going down to 1.22s....

Cable Update (GBPUSD)

Could be today, could be tomorrow. Target is 1.2695 on 4hr chart.

Cable Update (GBPUSD)

Now bounced off 1.2329 on 30 min chart.....if it continues down then next might be 1.2207 by Monday then up (hopefully). Otherwise, 1.2390....

Cable Update (GBPUSD)

Still bouncing off 1.2268.....

Cable Update (GBPUSD)

Murrey Math lines at 4hr. I'm buying at 1.2210. If it closes below that level, next is at 1.2090-12100.

Cable Update (GBPUSD)

Then good for Britain, bad for Scotland since the EU's days are numbered. Watch the elections in France, the Netherlands, and Germany this year. Whether or not the incumbents lose, the topic of nationalism and populism are already entertained.

Cable Update (GBPUSD)

1.2010 if it gets there.....just in time for the dollar and Dow dump.

Cable Update (GBPUSD)

I think this will go up to 1.2329 (blue line on MML and possibly wave 2) before resuming trend down to 1.10.

Cable Update (GBPUSD)

I'm showing a daily resistance of 118.75 and shorting it from there. Weekly, monthly resistance is at 125 but this needs to correct first.

USD/JPY Discussion

Which is why that during times like these, you'll need a lot of patience and start looking at the higher TFs. For the past 8 months or so, this pair has been moving in spurts then tends to range before another move.

Dragon Riders GBP/JPY

Price-Action. The longer PA ranges, the lower the target will be based on that channel.

Dragon Riders GBP/JPY

Here.... image Waiting to hit the bottom range of this channel around 134.10 or so, depending on PA.

Dragon Riders GBP/JPY

Hi G/J, which might mean we are set for more up on £/$ since the latter is to weaken.....

Dragon Riders GBP/JPY

Probably the same thing happened to Geppy......people were just waiting for their analyses instead of contributing to the thread and they simply got tired of it.

Dragon Riders GBP/JPY