Still target 1.2310. Any rise is an opportunity to sell higher

Cable Update (GBPUSD)

It is not a pull back in my humble view, it is still targeting 1.2310.

Cable Update (GBPUSD)

Any rise is a crash

Cable Update (GBPUSD)

First possible drop level at 1.2585.... Second drop level 1.2630... Weekly possible high 1.2600 weekly possible low 1.2370. Bias tilted for a crash to at least 1.2380 as far as 1.2630 is unbroken.

Cable Update (GBPUSD)

Now at the first sell level area...

Cable Update (GBPUSD)

Selling levels at 1.2585/1.2630 levels...

Cable Update (GBPUSD)

There is no basis for 1.2820, the trend is bearish. 1.2360 has a strong chance of occurrence this week and it will happen quickly and aggressively. So any rise remains a crash.

Cable Update (GBPUSD)

Better sell positions at 1.2585/1.2630... Target 1.2410 and 1.2360 if 1.2600 isn't broken. Cheers!

Cable Update (GBPUSD)

Playing out just after 2 days... Crash is indeed easier than rise.

Cable Update (GBPUSD)

Good

Cable Update (GBPUSD)

BEARS stand aside for now... Weekly range now 293 pips... Let's wait to sell higher next week. Peace!

Cable Update (GBPUSD)

We are in a very bearish environment... Any 50-120 pips rise will be met with aggressive sell. 1.2500 was anticipated to happen quickly and aggressively... Now 1.23 is under attack but won't happen in a Straight line.

Cable Update (GBPUSD)

Exit short now... Weekly range already 280 pips... Stand aside

Cable Update (GBPUSD)

Any rise is a crash

Cable Update (GBPUSD)

I did suggest you take a long at 1.2550 then... Now I'm saying do take a sell here 1.2625 area as price will still crash... Stop should be 1.2675.

Cable Update (GBPUSD)

Glad you got it right...

Cable Update (GBPUSD)

Moty, 1.2600 is done now...

Cable Update (GBPUSD)

1.2600/1.2645 will be met before another round of dumping to 1.2500/1.2300

Cable Update (GBPUSD)

Why not long from here since your anticipated further short term fall is 30 pips while you can gather 50-70 pips buying it from 1.2550.

Cable Update (GBPUSD)

Yeah some short term reversal is due to 1.2600/1.2620. Should this Asia Low hold, then 1.2645 will happen before further fall to target 1.2300 this same June.

Cable Update (GBPUSD)