If we go down more today, I don't think it will go much lower than 196.70 which offer a good support level in the beginning of July. Pinned at 196.49 on the 4hr. July 7th.

Cable Update (GBPUSD)

Yea this should be interesting, looks like we close with a graveyard doji.....I've been reading that probably still won't help my cause though

Cable Update (GBPUSD)

Thank you insight infinity and warta for your insight!!

Cable Update (GBPUSD)

Got ya, thanks! Hopefully I'll be able to offer perspective rather than questions some point soon

Cable Update (GBPUSD)

I'm wondering how to interpret this type of pin. Would it suggest the pound would fill the gap first for more down side potential next week? I'm

Cable Update (GBPUSD)

oops maybe

Cable Update (GBPUSD)

199.80 Maye?

Cable Update (GBPUSD)

At this point I wish I left my short open from the 27th and took a couple days of interest hits.

Cable Update (GBPUSD)

Captain Morgans for breakfast, clouds the mind soothes the nerves. What can I say.

Cable Update (GBPUSD)

OK Columbus

Cable Update (GBPUSD)

I agree hopefully the next 45 min will offer some clues. This damn thing is flat!!!

Cable Update (GBPUSD)

Dollar is holding at resistance on the yen. Just waiting for timing before move. Pound holding a support before going down. Waiting for a close below support line on 30 min before I sell though.

Cable Update (GBPUSD)

I suspect we are going down.

Cable Update (GBPUSD)

I think we close near 200 ema 198.56 or so on the daily. Then we pull back on consumer confidence. I think tomorrow we move back down again if the expected numbers hold on the calender for the US. Nothing coming out of UK to support the pound ...

Cable Update (GBPUSD)

Charts — I have not posted much to the FF. And I don't know if this will be much use. I tried pulling up both a bar and line chart on the day, 4hr, and 1hr. It seemed to help visualize the patterns a little easier. The line doesn't show the ...

Cable Update (GBPUSD)

We will retrace though, all in good time. Easy to get over anxious

Cable Update (GBPUSD)

Anyone care for the domino theory...30min takes down the hr, the hr takes down the 4hr, ....

Cable Update (GBPUSD)

kept my short from 19861, could we hit the lower trend line on the 1hr around 19780?

Cable Update (GBPUSD)

got lucky was able to get in on the bounce to 19925

Cable Update (GBPUSD)

Still have my short....news will be no better for UK

Cable Update (GBPUSD)