I was gonna long GU until 1.5094 up to yesterday. But failure at the high to surpass 1.48 and quick movement down to 1.47 made me think that time is not ripe yet for GU to rise before making a newer low - yesterday's move was just retrace & profit ...

Cable Update (GBPUSD)

Short here (actually @1.4753 average already opened before) with tp1 1.4630, tp2 1.4526 and sl @1.4831.

Cable Update (GBPUSD)

Closed the short from last night but this is moving to 1.4526 before 1.4480. Don't think I will long again any time soon, unless this 4h is undone and we can travel above 1.4830 for target @1.50xx.

Cable Update (GBPUSD)

Short to 1.4696. SL 1.4831.

Cable Update (GBPUSD)

Re-load longs @1.4696-1.4705. Going good so far. Adding short limits too all the way from 1.48 to 1.51.

Cable Update (GBPUSD)

Where is elbert to long without remorse?

Cable Update (GBPUSD)

1.4750 1st stop before some retrace?

Cable Update (GBPUSD)

I think not this time. But gl. I am flat for news, pending buys @1.4696, tp 1.5094, pending sell @1.4590, tp 1.4480.

Cable Update (GBPUSD)

Because EZ is the major trading counterpart of UK.

EURUSD

Gonna reload longs at 1.4600-40 if news do not move the price. First attempt @1.469x failed. Need break of it to move to higher target 1.5094. Some pending shorts @1.4580 also for 1.4480.

Cable Update (GBPUSD)

&

EURUSD

1.4696 should be broken for my upper targets (fig1). Should it overextend itself then my next targets in fig2. My EU view too, coinciding with the two targets in GU. Both are null and invalidated if 1.4480 and 1.0444 are taken down

Cable Update (GBPUSD)

120.79-120.90 will cap it. Then 120.33>118.85.

EURUSD

Above 1.4696 = 1.5010-1.5094. At these levels reconsider. I am long with new entries according to my new weekend plan.

Cable Update (GBPUSD)

Did a check on my setup. I have two possible reversals on EU to be activated somewhere between here (1.0612) and 1.0444-1.0364 for 1.0943 with maximum 1.1610.

EURUSD

New plan for me after my weekend analysis. Longs planned from here (1.4630 to 1.4591) with tp's between 1.5010-1.5072 and max 1.5094. SL's @1.4480. Else I will be looking to short until 1.4251, before a pullback to 1.4617.

Cable Update (GBPUSD)

Spot on close. Now a pullback to 1.4699 for next targets @1.4526, @1.4483 & @1.4418, before final @1.4231. Above 1.4740 & 1.4807 zone it will be bullish.

Cable Update (GBPUSD)

Yeah good news for UK / Europe. Would stop their dependence from S. Arabia / Russian oil & natural gas if true. Or just another part of infowar against Russia & their threats to cut / reduce supply to EU if sanctions remain.

Cable Update (GBPUSD)

Oil. Must be something with Yemen during the weekend as gold also shoot up. Iran said they will protect the population from Saudi aggression. url url

Cable Update (GBPUSD)

Depends on oil I think. If it keeps going up then it won't matter that much and also usd strength will go independent of oil price.

Cable Update (GBPUSD)