As far as price trades below 1.2250 is still! Bearish to 1.2000/1.1986 level this week. There will be a 26 - 50 pips bounce before crash again. Only above 1.2250 will there be resumption of bull run. Cheers!

Cable Update (GBPUSD)

Post of 23/05/2020. Here is my view for the last trading week for month of May 2020. Since price closed below 1.2250, the anticipated short term bearish movement has been confirmed and price will find its way to 1.2030/1.1986 region before final ...

Cable Update (GBPUSD)

EURGBP is going to face a decline sooner rather than later. Last weekend I posted a correction to 0.8450 and once this happens Eurusd and GBPUSD will have 20 cents difference between them. As eurusd is trading at 1.09, GBPUSD should be trading at ...

Cable Update (GBPUSD)

Thanks for digging it out mate.

Cable Update (GBPUSD)

Stop teasing me mate, I know you are a top trader.

Cable Update (GBPUSD)

Yes, I still maintain my stand on this 1.27 and as at time of typing then price was trading at 1.2100, a day later price was just 3 pips away from 1.2300. a reasonable trader called my attention that many new traders are here and are mostly scalpers ...

Cable Update (GBPUSD)

Buy the rumor sell the fact, a big range down is possible today.

Cable Update (GBPUSD)

I spotted a reversal too in the 4 hours chat and also happens to be the coincidence of 223 pips range of the week so far being the average weekly range. As you pointed, 80% of the time this happens reversal occurs. At least 130-200 Pips reversal ...

Cable Update (GBPUSD)

Some days back price surged from 1.2265 to 1.2465 and crashed from there to 1.2073. now price is back at that old support (1.2265) now turned resistance. Should price fail to clear this 1.2265 is invitation for 1.2023/1.1986 region. So I remain ...

Cable Update (GBPUSD)

I am now bearish in the short term for a test of 1 2000 level before final fly to 1 27 in weeks ahead. So from 1.2000 region, I will be strongly bullish again.

Cable Update (GBPUSD)

I remember just on Sunday that you were very bearish, looking at every means to dare my bullish bias, now you are bullish? Please stop misleading people and I don't blame people attacking you here.. quit this your ego and pride, it will ruin you ...

Cable Update (GBPUSD)

Almost 200 pips bull run in less than 48 hours... Range trading is really powerful. Now weekly range almost attained on a Tuesday morning. It is retracement back to 1.2150 and still not ruling out a final crash to 1.2000, before a long lasting bull ...

Cable Update (GBPUSD)

Important resistance at 1.2240, if broken price definitely touching 1.2310. otherwise a crash back to 1.2000

Cable Update (GBPUSD)

Any view?

Cable Update (GBPUSD)

A tip of the iceberg of how 1.27 will happen but not now... Just a warning to the Bears and a statement of what is to come from the bulls

Cable Update (GBPUSD)

From 1.2073 - 1.2208 means half of the weekly range is completed already on Monday. Now should 1.2230 fails to be broken, price will hit 1.1986 (January 2017 Low) this week before final reversal to 1.27 in weeks ahead. Should 1.2230 breaks, then no ...

Cable Update (GBPUSD)

Now long is removed, to be entered again at 1.2030 region.

Cable Update (GBPUSD)

They will only be back if they break 1.2125 otherwise it will be a certain fall to 1.2035 looms

Cable Update (GBPUSD)

There should be a 20 cent difference between eurusd and GBPUSD, as eurusd is trading at 1.08 GBPUSD should be trading at 1.28. As it stands GBPUSD is behind by 7 cents. when the 20 cents gets back, EURGBP would have plummeted to 0.8450. Once GBPUSD ...

Cable Update (GBPUSD)

Well said compatriot.

Cable Update (GBPUSD)