Yeah, all the fish we can catch in OUR SOVEREIGN WATERS.

Cable Update (GBPUSD)

Price did not drop much. Hope it will open around the same level on Monday. Next week we will eat steak.

Cable Update (GBPUSD)

Pipfarm, a lot of Brexiters will be delighted. If you read Daily Express (dumbing but very instructive pastime), you will see a lot of their readers demand themselves Boris walks with no deal. I guess they may start suspecting something when they ...

Cable Update (GBPUSD)

Next week is IM bill + Finance bill with the clauses that break WA (again). If introduced in current form, EU walks away (already said this). So -- not a lot longer. We are in the endgame.

Cable Update (GBPUSD)

The market may drop it another 50-100 pips today. And if you think a meeting between Johnson and Van der Leyen will resolve things, you did not pay attention.

Cable Update (GBPUSD)

url

Cable Update (GBPUSD)

Talks broke down. Last warning to bulls: close your positions now.

Cable Update (GBPUSD)

Honestly, this is what I would have done it I were EU. And the French seem to like the idea. But they have to consider UK situation in the case of no deal. Economic crisis (maybe collapse), national humiliation (coupled with superiority complex), ...

Cable Update (GBPUSD)

It has to happen sometime, so one day I will be right. Gold, EU, GU moved sharply lower. And USD is not even weak today. But this is probably just end-of-week London fix.

Cable Update (GBPUSD)

Wise decision imho. I am almost sure there will be no deal, but even then I won't hold position into the weekend. I am contemplating buying some options though.

Cable Update (GBPUSD)

Happened to everyone here many many times.

Cable Update (GBPUSD)

I know this is London fix hour, so may reverse after that, but things start to look rather bad for dollar sellers. And Brexit news do not help. Very early to say, but this may be a reversal in the making.

Cable Update (GBPUSD)

Yes, but there may be no retest this time. Let's see.

Cable Update (GBPUSD)

And for the record, I think the bulls' celebration is very premature. GU has taken out the stops above 1.35 and consolidated there for a bit, and so far it is all that it has done. Probably will finish the day below 1.35. AU, EU and gold are near ...

Cable Update (GBPUSD)

Terrible story, but I think he should have been protected by negative balance protection. I hope he was.

Cable Update (GBPUSD)

Yes, this is good analysis. However, I made good money by shorting at the resistance levels. But you rightly highlight that however good your fundamental reading of situation is, it should be complemented with technical analysis.

Cable Update (GBPUSD)

Nothing is impossible, but 1.35 is a huge supply area. I expected GU to get there, but break it while Brexit is unresolved? No, I don't think it will happen.

Cable Update (GBPUSD)

You are such a good trader from what I see, but your targets overshoot ever so slightly in my opinion. If the day finishes around 1.35/1.22 it would be a victory for the bulls.

Cable Update (GBPUSD)

This was sarcasm of course. Retest of 1.35 was fully expected, and the nature of it is absolutely standard for GU.

Cable Update (GBPUSD)

And now we are heading back to 1.34 and below. So unexpected.

Cable Update (GBPUSD)