Brace yourself for 1.2700/1.2686 this week

Cable Update (GBPUSD)

In anticipation of January 2020, I will only trade when the range stretches to at least 650/750 pips before going against the trend for some correction as January(ies) are usually erratic and volatile. In addition, when 2020 range stretches to ...

Cable Update (GBPUSD)

300 pips retracement from 1.3011 top marks 1.2700/1.2670 as possible low this week. Failure to break 1.2900 opens door for these anticipated prices this week. Secondly, interest rate decision on Wednesday will spark some mild volatility... Just ...

Cable Update (GBPUSD)

You are spiritually right... God knows all things and I wish he could show me the direction of the future price, I will easily become a billionaire... Stay green!

Cable Update (GBPUSD)

This is the best time to short simply brexit deal is already priced in...even if it eventually passes Pound will crash heavily... Second scenario is the deal gets more complex to resolve yet again which will lead to larger fall to 1.17xx in coming ...

Cable Update (GBPUSD)

If your equity can tolerate it up to 1.2850, then gladly place a sell till it touches 1.17xx in few weeks time. Swap will even be positive for you. Stay green!

Cable Update (GBPUSD)

Great job Fontu, I even see it crashing to 1.17xx in few weeks time as brexit deal is already fully priced in.

Cable Update (GBPUSD)

Brexit deal now fully priced in, next is a big fall to 1.17xx in few weeks. Caution and discretion please!

Cable Update (GBPUSD)

Pound has moved up by 522 pips from low this month. It is so characteristic of September... Always moving above the opening price by 300 pips or more. Now the big deal is that the down trend has not ended, I dare to say price should reverse from ...

Cable Update (GBPUSD)

The bears will take initiative now to target 1.2040. Stay green!

Cable Update (GBPUSD)

September is set to be a volatile month as price can have 600 pips range. Possible High is 1.2320 while possible low is 1.1700. It is a crazy pair and always expect madness especially after August's low range. Just my humble analysis. I wish ...

Cable Update (GBPUSD)

GBPUSD now a buy from 1.2235 to target 1.2335.

Cable Update (GBPUSD)

Spot on, now wait to sell from 1.2330 next week to target 1.1800. My stop loss will be set at 1.2430. I may be wrong but I do give it a short. Stay green!!!

Cable Update (GBPUSD)

This pair has given me many shocks this year and I do admit it has been hellish. The only key observation is that range of 1367 pips (1.3380 - 1.2013) is around the average yearly range which is usually followed by 330 pips reversal to target 1.2343 ...

Cable Update (GBPUSD)

The fair value of EURGBP 0.8450 is based on the most repeated rate since global financial crisis of 2008/2009. In addition, BOE and ECB work very closely together on their monetary policies, which cannot be too distant from each other. I hope this ...

Cable Update (GBPUSD)

I posted something on EURGBP two months ago that something has to give way between in this pair. Now that EUR/USD is trading @ 1.1230, GBPUSD should be trading at 1.3230 which means the difference between them should be 2000 pips. Now that GBPUSD is ...

Cable Update (GBPUSD)

Stalker man... You are at it again.... Same thing you are doing to online addict, you want to do to me? See you in two weeks time!!!

Cable Update (GBPUSD)

Get ready BULLS as today is the last day for the bears... Enjoy the Ride to 1.2750 in the next 10 trade days!

Cable Update (GBPUSD)

I will remind you when it happens. Stay green!

Cable Update (GBPUSD)

Price wouldn't just reverse because it has an unfinished business at 1.2365/1.2370 region. I will be shocked if this rate doesn't return to 1.2750 before this month ends. Stay green peeps!!!

Cable Update (GBPUSD)