PA is stalling at H1 average (3140) but the bullish H1 candle with its long wick is a big hindrance. Will the bears overcome like yesterday? We shall find out soon enough. If H1 average gives way, then the bears can start whistling

Cable Update (GBPUSD)

Pivot WS 61 (3011) is standing firm. Have the bears lost it?

Cable Update (GBPUSD)

Thanks Aki, am glad I delayed in moving up my SL. The bull run is intact on M5

Cable Update (GBPUSD)

It's like we have now got the bull support on M5. So, we can now take off. In effect, I have shifted my SL to 3126, the bull support

Cable Update (GBPUSD)

Long 3033, SL 2998

Cable Update (GBPUSD)

The bull run is established in M1 with the bull support in place. Let's see if M5 will join. The bulls are currently attacking the M5 average (3026). Beat it and they are in charge

Cable Update (GBPUSD)

Short 3078, SL 3090. M5 average (3081) has caved in again

Cable Update (GBPUSD)

Exited 3067

Cable Update (GBPUSD)

Short 3095, with bear support this time around, SL 3122. The M5 bear run is now prolonged and commenced at 3100

Cable Update (GBPUSD)

Yes, the bears; out at 3095

Cable Update (GBPUSD)

Long 3113, SL 3090. The bulls have recaptured the M5 average. That doji on H4 remains a concern though

Cable Update (GBPUSD)

Exited at 3092 this time around after PA had flown to 3111 on getting to 3095 earlier on. Are the bulls defending 3100 with all they've got? Today might be tough all through

Cable Update (GBPUSD)

Short 3104, SL 3125. It's like the bears are resuming their song. M5 average has fallen and so, the bulls now have their hands full

Cable Update (GBPUSD)

It’s like the bulls have steadied the bridge! Bullish engulfers on M15 and M30. PA has closed above EMA 100/H4 (3115). PA has also closed cleanly above M5 average after 8 hours. We might see a little dip but the bears no longer have the bragging ...

Cable Update (GBPUSD)

PA is heading to 3135. You might need to up your SL as the bears are still on foray. Check out the H1 candle.

Cable Update (GBPUSD)

It wasn't bumpy at all. GU made it in just two salvos. The bears are grinning

Cable Update (GBPUSD)

Both M5 average (3163) and old H1 average (3160) have given way. 3115 here we come. Whether it will be bumpy or smooth is another matter

Cable Update (GBPUSD)

Is this out of sentiment or from PA? I would imagine that the hanging man on M15 is saying something

Cable Update (GBPUSD)

Did you say longs? With that monstrous bearish H4 candle?

Cable Update (GBPUSD)

Correction: PA is now at DP (3347) with the bears all over the place. PMI news is also negative. Will it be explosive today?

Cable Update (GBPUSD)