We're just 10 pips away from there. And with the weekly pivot at 2972 caving in, you can begin to warm up for the party

Cable Update (GBPUSD)

The bears were able to carve out another bear support at M5 when the bulls pushed up to 3007. And with Auto pivot S3 at 2983 looking unlikely to stop the bears. Knkie's target is feasible

Cable Update (GBPUSD)

Yes, we might be seeing 2959 soon with the feeble response the bulls are posting

Cable Update (GBPUSD)

The bulls have now responded. They were looking dead and buried almost. It is not yet eureka for them but PA is operating at below the low i-regr band on M30 and so there ought to be a very strong response from the bulls at any moment from now.

Cable Update (GBPUSD)

PA is now at WS 38 pivot (3017) and flanked by old H1 average swing hi's at 3023 and 3012. So we're witnessing the first real battle of the day. Whoever wins it will set the tone for this morning's trade. The momentum is still with the bears but we ...

Cable Update (GBPUSD)

Potential bear support printed on M5; meaning there is no let off for the bulls as yet. Will Frankfurt or London come to the rescue? We shall find out soon enough

Cable Update (GBPUSD)

Advantage bears. The M15 average at 3054 has become a bridge too far for the bulls. But give it to the bulls, they gave it their best shots. Short 3050, TP 3000

Cable Update (GBPUSD)

Another defining moment is currently raging just like it was with 3122 earlier in the day. 3048 is the contention. Incidentally it is both EMA 200/H4 and WS 38 pivot. Whoever wins it between the bears and the bulls will carry the rest of today

Cable Update (GBPUSD)

Just came back to the platform to notice that my short at 3100 had hit TP at 3048 in my absence. I said it earlier that it's like GU will behave well today. And so far, it has not disappointed

Cable Update (GBPUSD)

It's like we've got our bear support at 3105 on M5 (thanks Nala66). Are we expecting any tweets from Presido today otherwise it is bon voyage on our bearish run. Interestingly, M15, H1 and H4 are already in the mood

Cable Update (GBPUSD)

Exited at 3095. Thanks Aki. Now let's see what happens from here. It's like the bears mean business

Cable Update (GBPUSD)

The picture will become clearer at the close of H4 and that will be in London session. Meanwhile, I have shorted at 3120 for the 10 pips that Aki's band is guaranteeing. Correction: the lower band is at 3100 and so, the target is 20 pips and not 10 ...

Cable Update (GBPUSD)

Now that PA has got to Aki's upper EMA 5 band on H4 (3122) or indeed H4 average (3120), the descent can now start. It's like GU will behave better today as it is setting the tone early. If the bulls surmount 3122, we are up but fail and we are ...

Cable Update (GBPUSD)

Out at 3085. But for President Trump's speech, would have held on

Cable Update (GBPUSD)

You are worth your weight in diamond...Always.

Cable Update (GBPUSD)

You were right. I always prefer RSI divergence to the regular divergence. But this was one of the occasions the latter out-performed the former. The RSI divergence didn't show up at all. Meanwhile, PA has just closed below the H1 average at 3125, ...

Cable Update (GBPUSD)

I don't think you are wrong. Aki, did you see my post no 507869 on this forum today?

Cable Update (GBPUSD)

I haven't lost out yet. PA is still bearish

Cable Update (GBPUSD)

Wish I had seen your post on time. I would have got a bite of that weird bullish move. PA is sitting at the H1 average (3125) right now. Won't be surprised if we still get our 3070 today

Cable Update (GBPUSD)

In a jiffy, GU has shifted from being bearish to being bullish. The M5 average has caved in to the bulls.

Cable Update (GBPUSD)