1.2430 before your very big appetite... Hahaha

Cable Update (GBPUSD)

Correct. Only a break of 1.2280 can halt the bullish move to 1.2430 today.

Cable Update (GBPUSD)

This you typed will be career Saving to the flexible traders, the market does what it wants to do. No rigid trader can survive this ever changing market. Reacting is better than acting. Well said mate.

Cable Update (GBPUSD)

Happened just as anticipated.

Cable Update (GBPUSD)

The downside will be difficult to sustain as price closed above 1.2300 yesterday. Now look at 1.24 once the low stays at 1.2290-1.2307

Cable Update (GBPUSD)

Failure to maintain 1.2300 is a certain fall to 1.2220 before final bounce to 1.2450. Currently at 1.2323 as I type.

Cable Update (GBPUSD)

I said this when price was trading at 1.2630 a week ago. Now my bias is for 1.22 to hold as support then a surge back to 1.27xx in days ahead. Price has tendency to touch 1.2500 this week. Stay safe and trade with caution.

Cable Update (GBPUSD)

Great job... Falling into place

Cable Update (GBPUSD)

You are right... Still looks more likely to touch 1.2375 than 1.2550

Cable Update (GBPUSD)

Price hesitance to stay alive 1.2500 is clearly inviting 1.2370 considering weekly range still has some grounds to cover. Patience required while this develops.

Cable Update (GBPUSD)

Now 1.2500 is also accomplished... Price now expected to drop to 1.2350 region if 1.2500 fails to hold.

Cable Update (GBPUSD)

Sell accomplished from yesterday 1.2630...now switch to buy back to 1.2500. Failure to retake this level is a certain fall to 1.2350

Cable Update (GBPUSD)

Now comfortable to hold a sell position from weekly and monthly perspective. I will not be surprised when price crashes to 1.20 again and even 1.1400 in months ahead before final surge to 1.35xx

Cable Update (GBPUSD)

1.2600 isn't far away anymore to hit my target. I do fancy a sell from 1.2620 for just 70 pips.

Cable Update (GBPUSD)

Stick to one direction and as week is coming to an end, you should probably avoid scalping for small pips, as large moves can swallow all the pips you have gathered. My bias is bearish to 1.2164 as far as price stay below 1.2474. Peace and trade ...

Cable Update (GBPUSD)

The previous take off last week in the 4 hours candle was from 1.2243 and it extended to 1.2474 before pull back to lower low at 1.2164. Now 1.2164 to 1.2447. Now a close of this current t 4 hours candle below 1.2400 will expose 1.2164 previous low.

Cable Update (GBPUSD)

If this 4 hours candle closes below 1.2400...that will be the turning point and the Bears can look at 1.2230.

Cable Update (GBPUSD)

Still in a sell mode even probably back to 1.20... Any up move should be met with sell until the pandemic is over do we see a rapid bounce to 1.34xx

Cable Update (GBPUSD)

Resistance stands at 1.2474. I will stick to my sell as far as price stays below there. Will hold the sell till it touches 1.2300.

Cable Update (GBPUSD)

Sold at 1.2397 target 1.2300. Stop 1.2450

Cable Update (GBPUSD)