First and foremost... No analysis is 100% accurate but a good analysis has to be 90% accurate. If you are are chanced, check my post from 10th of June when price was trading at 1.2770/1.2800 I strongly insisted price will drop to at least 1.2310 ...

Cable Update (GBPUSD)

Now 107 pips range for Friday attained for the day, weekly range 340 pips attained at 1.2347 Friday range also attained the minimum 105...now allow for 70-120 pips retracement from low targeting 1.2418/1.2460

Cable Update (GBPUSD)

96 pips range today so far... Most Fridays have at least 105 pips. So today's high or low may still be attacked... Stand aside for now.

Cable Update (GBPUSD)

Reversal now confirmed...Stand aside and wait for another update

Cable Update (GBPUSD)

Now stay away bears... Reversal is anywhere here.... Weekly range stretched to 328 pips so far..

Cable Update (GBPUSD)

The reality still targets 1.2310 this June

Cable Update (GBPUSD)

Here you have it on the further decline

Cable Update (GBPUSD)

Here you have it...

Cable Update (GBPUSD)

There has been 33 pips retracement from that low... I advise a step aside for now as the reversal isn't aggressive enough for my liking. A better buy level now at 1.2380/60 level or a sell at 1.2500 for today only Cheers

Cable Update (GBPUSD)

I see a 70-100pips retracement on GBPUSD to 1.2460/1.2500 area before another smack down to 1.2360.

Cable Update (GBPUSD)

Good you got the foresight

Cable Update (GBPUSD)

Lower part of the weekly range now tested as anticipated... Now allow some pull back to 1.2490/1.2520 area for a further sell or a buy from 1.2435 level for today only...

Cable Update (GBPUSD)

Here we eventually attacked it.

Cable Update (GBPUSD)

I meant to type 1.2480

Cable Update (GBPUSD)

1.2480 should have been seen yesterday but for the smallness of the range, now it's back below weekly opening. Weekly range levels to be tested again as the market will he volatile

Cable Update (GBPUSD)

Couldn't make it yesterday but complete today...

Cable Update (GBPUSD)

Small range so far... Something big tomorrow looms then...

Cable Update (GBPUSD)

Should 1.2600 remain unbroken, expect 1.2480 today. The bias is still bearish

Cable Update (GBPUSD)

Here is the calm before the next slide... attack it from 1.2620 again or do it from current 1.2600...do not be shy of 1.2500/1.2400

Cable Update (GBPUSD)

Asterik 1.2720 as possible top which is unlikely, then a drop back to 1.24 and 1.23

Cable Update (GBPUSD)