Re-tested the last TL supporting the bulls, managed to close just below it.

Cable Update (GBPUSD)

G/J ready to go below 175 too. All by GBP weakness I see. Your sl is a bit close though for the shake outs. 1.4850+ seems better.

Cable Update (GBPUSD)

3 speeches by BoE members. Need 2 doves Day opened nicely. Will close some partials if London decides to go the other way.

Cable Update (GBPUSD)

Looks nice on the daily. Need U/Chf to break .9680-.9705 today (my tp @1.02) and GU will find its way to 1.46xx.

Cable Update (GBPUSD)

The time has come.

Cable Update (GBPUSD)

I bought @.9494 with tp set @1.02. It just made a HH on the 4h after 1 week drop. Seems like retracement is done. See if it can break below .96 again. If it doesn't do so, then close or put sl at a sensible place i.e. @.9660 and let it do it ...

USD/CHF

Just re-testing broken TL @1.4890. Doubt it can overtake it. U/Chf still holding.

Cable Update (GBPUSD)

With some help of gravity.

Cable Update (GBPUSD)

U/Chf another 600 pips up and I will be a happy man GU finishing @<1.4752 for the day would be a nice gift too.

Cable Update (GBPUSD)

Both TL's now gone for good. Maybe re-check with them @1.4890 but I don't think it will get 1.49 again. Now the road to 1.46 is open if GDP is good (GS revised it down to 2.1-2.2 a few days ago so there might be some chance for bulls to get 1.5 if ...

Cable Update (GBPUSD)

Went long?

Cable Update (GBPUSD)

Less unemployment registrations. Lower is better.

Cable Update (GBPUSD)

Flat on GU until it breaks below 1.49 again with sell stop @1.4890. Managed to sneak a long on U/Chf though As soon as / IF it overruns .9630 again then GU would drop a couple hundred pips. SL there @0.9378.

Cable Update (GBPUSD)

Hmm, yeah. USD too weak today. Esp. against CHF & JPY, but still GBP not getting much of advantage, every other currency already toppled the spike of FOMC. It may go above 1.50 but it seems very weak to go much above it if you compare it to USD ...

Cable Update (GBPUSD)

A difficult time for week old trendlines to hold

Cable Update (GBPUSD)

My plan for next few days. 1.4990 only cancels it.

Cable Update (GBPUSD)

Boring, go to 1.46 already and then 1.38.

Cable Update (GBPUSD)

Added more shorts from 1.4950>1.4930 after yesterdays short was closed @1.4935. Still looking for 1.4750>1.46. Stops at 1.5010 as yesterday. Didn't expect bad US data, but yet again it wasn't that terrific.

Cable Update (GBPUSD)

Yeah, 1.4780 here we come. SL moved to 1.4935 to lock +15. Closed most shorts from yesterday @1.4850.

Cable Update (GBPUSD)

Always short! Core durable orders expected positive. Should they come at expectation or a bit higher, GDP will be revised 0.1-0.2% up for the quarter. Important macro numbers coming better since FOMC, don't see a reason for it to start breaking ...

Cable Update (GBPUSD)