The price is always tricky... Sometimes obey resistance and support, other times it will flex it's muscle and disobey. So how do we get profitable other than patience, risk management and well timed entries and exits which may still fail sometimes ...

Cable Update (GBPUSD)

I really anticipate this to align to earn all these titles . Lol. On the light note, there is a small resistance at 1.3588.

Cable Update (GBPUSD)

GU distance now 431 pips, I now expect a sell from 1.3570 to 1.3380 in days ahead.

Cable Update (GBPUSD)

High of the year seem to be 85% done, while the low of the year is 100% done... Expected range for this month is 450 pips to 600 pips. So far 384 pips already done. See simulations below ✓1.3139 + 450 = 1.3589 ✓1 3523 - 450 = 1 3073... This means ...

Cable Update (GBPUSD)

Price continuation above 1.3388 indicates low of the month is already in place.

Cable Update (GBPUSD)

Weekly close above 1.3388... invalidates 1.29. Current month already has 292 pips range of expected 450 pips pips.

Cable Update (GBPUSD)

EURUSD has done almost 300 pips up move and GBPUSD has done almost 200 pips up move in the first 5 trade days of this month. As for GU, as far as price trades below 1.3388, the pair will likely crash to 1.2915, which will likely drag EU along to ...

Cable Update (GBPUSD)

heavy crash awaits

Cable Update (GBPUSD)

This means traders actually need analysts that will give them none emotional view and forecast of the market. Just like a football team will still need a Coach/Manager that will read the game for the players without bias.

Cable Update (GBPUSD)

Here comes the 1.3350... Next is 1.2900.

Cable Update (GBPUSD)

I see a bounce from 1.3145 to 1.3350 (that's 200 pip possible bounce), Then a sharp drop from 1.3350 to 1.2890 (that's a potential 460 pips drop)

Cable Update (GBPUSD)

Yes, the possibility of 1.3080/90 is there too. There is a small support at 1.3139 area which needs to be taken out first.

Cable Update (GBPUSD)

I expect a bounce from 1.3145 area to 1.3360 old support, will now become resistance...

Cable Update (GBPUSD)

AUGUST 2025 FORECAST.. with no obligation to follow Possible High 1.3360 Possible Low 1.2885 Bias is Bearish.

Cable Update (GBPUSD)

1.3328 done already.. a massive scare for sellers last week. Price couldn't close the week above the decider at 1.3575, hence this fall. Next is a possible drop to 1.31 and 1.26 in months ahead.

Cable Update (GBPUSD)

First sign is daily close above 1.3575, now major sign will be weekly close above 1.3575. EURUSD has returned to the month open, GBPUSD now has tendency to follow to month open at 1.3709. My initial bias was very bearish as far as decider 1.3575 ...

Cable Update (GBPUSD)

Minimum expected distance for Jul - Sep is 600 pips Quick simulation 1.3364 + 600 = 1.3964 1.3788 - 600 = 1.3188 DECIDER = 1.3575 ✓Above 1.3575 = 1.3964 ✓Below 1.3575 = 1.3188

Cable Update (GBPUSD)

Only a close above 1.3576 should keep sellers worried... Still in bear territory for a target of 1.3160 next month.

Cable Update (GBPUSD)

Monthly chart... Year 2023 high was 1.31 Year 2024 high was 1.34 Year 2025 high is 1.37... . that's 300 pips interval... The fall after year 2023 and 2024 highs happened to be 1100 and 1300+ pips. This year 2025 will most likely see price crash to ...

Cable Update (GBPUSD)

Below 1.3564 is targeting 1.2650 on months ahead.

Cable Update (GBPUSD)