And when you see a heavy downward movement?

Cable Update (GBPUSD)

Don I'm not really good with duration. However, i hope to see 1.26 - 1.27 this month if this momentum is sustained. Second quarter ends next month (highly possible to hit it before end of Q2), ONLY IF THIS MOMENTUM IS SUSTAINED. Let's see how it ...

Cable Update (GBPUSD)

If this doesn't retrace at all, then 1.26 area is here. Then 1.24 and further 1.30

Cable Update (GBPUSD)

Lol. Brunt man

Cable Update (GBPUSD)

Cool

Cable Update (GBPUSD)

I anticipate a pull back on dxy to 100.2 or more. This should push GU back down to kickstart the ride to 1.26 or more. May be wrong

Cable Update (GBPUSD)

Your sells?

Cable Update (GBPUSD)

Moment of truth.

Cable Update (GBPUSD)

This chart is what we all see. Right shoulder to form and take us back to 1.26 and beyond. . 1.24 completes wave 3. Retracement for wave 4 and 1.26 area for wave 5. My own counts

Cable Update (GBPUSD)

Lol. No longer downtrend? . Traders

Cable Update (GBPUSD)

Possible Buystop : 1.245 Buy limit: 1.227

Cable Update (GBPUSD)

Still valid for me.

Cable Update (GBPUSD)

Good GBP data, yet no real push up...we await

Cable Update (GBPUSD)

Right side forming. Let's see if we get a right shoulder too. Patiently waiting for it

Cable Update (GBPUSD)

Exactly Leon. A possible drop to 1.228 area

Cable Update (GBPUSD)

You think we are going way down again? Well i don't think so from my end. I'm expecting a possible retracement to 1.225 - 1.229 for another push up

Cable Update (GBPUSD)

image Is this a convincingly TL break yet?

Cable Update (GBPUSD)

Would want a drop before this reinforcement up

Cable Update (GBPUSD)

Whichever way, we are actually on wave 3 either from 1 hour or 4 hours. This would likely terminate @1.24, whether it retraces or not. Then a drop to 1.22 area for reinforcement to 1.26 - 1.27 (wave 5). My thoughts though

Cable Update (GBPUSD)

Exactly. Took out a few buys and waiting for retracements to join again. Let's retrace a bit and go for 1.24

Cable Update (GBPUSD)