Prepare for 1.2870 this week as far as 1.2600 holds...

Cable Update (GBPUSD)

1.2500 is definitely in the picture this March... Scenarios A March high 1.2910 March low 1.2500 B March High 1.2780 March low 1.2330... Either of these will likely Happen.

Cable Update (GBPUSD)

Exited at 1.2605... +22 pips.

Cable Update (GBPUSD)

I can't say for sure if price will attack 1.2630 today, but 1.2610/15 area may happen. The trend has turned bearish after prolonged bullish moves. Price may sell off yet again today due to month end...see January ending for a clue.

Cable Update (GBPUSD)

Second look and a little change of plan. I will exit the buy at 1.2615 and start selling from 1.2615 for a target of 1.2540.... price may sell till 1.2450 early March before rocket to 1.2900

Cable Update (GBPUSD)

January resistance of 1.2575 becoming a support is a possibility... Bought at 1.2583, target 1.2750... pending buy at 1.2500.

Cable Update (GBPUSD)

1.2712 Done.

Cable Update (GBPUSD)

Problem solver. . this is a Godly way of doing things.

Cable Update (GBPUSD)

There may even be an overshoot sell to 1.24 area to scare the bulls. Overall we are in strong bull territory. Expected range this quarter is between 650 - 800 pips, this means 1.2750 - 1.2900 is a real possibility within 6 weeks.

Cable Update (GBPUSD)

Now on course to touch 1.2749... but a pullback to 1.2500 is expected before further upward move.

Cable Update (GBPUSD)

The Macro Economy focuses on inflation which then translates into the type of monetary policy from Apex Bank. Federal Reserve held rates since economy is still seen as stable and strong, while BOE and ECB cut rates as their economies are slowing ...

Cable Update (GBPUSD)

This is a bullish break out, i was fooled by good fundamentals... But hey, i have added second sell at 1.2628... target 1.2500. i know price will return to 1.2400 in few days time before further bull run.

Cable Update (GBPUSD)

i give up on Dollar... There is no saving it. Positive News it Drops, Negative News it drops.

Cable Update (GBPUSD)

We may see 1.2200 but strong doubt for 1.2100... chart below is year 2017 January/February Trump's first tenure... This may give some clue. Republicans usually weaken the dollar but 1.22 is still in the picture here.

Cable Update (GBPUSD)

the weird thing is that Fundamentals back strong USD and weak GBP yet price is breaking year 2025 high. I know 1.2712 will be touched this year but not expecting it till March/April. This bullish move is somewhat not adding up, Gold is also breaking ...

Cable Update (GBPUSD)

Good call mate.... Sold GBPUSD at 1.2593 target 1.2500.

Cable Update (GBPUSD)

It's been 3 days of buying I guess, i see 1.2511 as buying at the top considering price has barely sold this week and also this month. Fundamentals also support USD not cutting rate and a powerful CPI... Its only a matter of time before Pound will ...

Cable Update (GBPUSD)

The strategy of repeated smaller pips target which can accumulate to 100 pips instead of targeting 100 pips at once is best suited for ranging market conditions but will hardly work in trending market conditions. Hedging method also works best when ...

Cable Update (GBPUSD)

exited 1.2484... +50 pips. Exited 1.2484... -4 pips.

Cable Update (GBPUSD)

285 pips range so far this week and month... Expected range this week is 250 - 340 pips... Second sell added at 1.2534... target 1.2444..

Cable Update (GBPUSD)