Weekly range of 150 pips not yet attained. Price can slide to 1.2600 before a close around 1.2670. In addition, should price touch 1.2628 today, then 1.2500 is inevitable this month before a rise to 1.3000. Stay green.

Cable Update (GBPUSD)

This upward move is similar to the initial moves it made in the first week of April and May before a crash Down. I still sense the price sliding towards 1.2560 before final take off to 1.3000 this June.

Cable Update (GBPUSD)

Failure to break pass 1.2742 is invitation of 1.2560 in the short run before a final surge to 1.3000. The challenge this week is the smallness of the range being 133 pips so far. Perhaps Friday will break 1.2609 or 1.2742 to eke out this 200 pips ...

Cable Update (GBPUSD)

Something has to give way between EU and GU. Pound is really undervalued at the moment, if EU is trading at 1.1260 then GU should be trading at 1.3260 being 2000 pips (20 cents) difference. So as it stands, GU is behind by almost 600 pips (6 cents). ...

Cable Update (GBPUSD)

I dare to say that this pair will return to 1.2545 before a jump to 1.3000 this June. It won't survive the up move until it touches 1.2545. So verdict is a retest of 1.25** before unstoppable push to 1.3000 this June. Just my candid analysis. Please ...

Cable Update (GBPUSD)

Today is a crucial day for this week, which can seal either 1.2810 or 1.2560. A close below 1.2650 makes 1.2560 imminent while a close above 1.2720 makes 1.2810 definite. Trade with caution!

Cable Update (GBPUSD)

Great 'LOL' you have got here.

Cable Update (GBPUSD)

Sample A: 26/07/2018 (High 1.3212) - (1.2661 Low) 15/08/2018 = 551 pips Range Down, Followed by 1.3042 High of 30/09/2018 being 381 pips upward rebound. Sample B: 12/10/2018 (High 1.3257) - (1.2690 Low) 30/10/2018 = 567 pips Range Down, Followed by ...

Cable Update (GBPUSD)

You understood it perfectly.

Cable Update (GBPUSD)

It is obvious you are selling which is in tandem with the trend of last four weeks, but you should be mindful that bearish trend has/will likely bottom at 1.2545/57 region and a bullish run to 1.2860 is imminent in coming days. At least you have set ...

Cable Update (GBPUSD)

1.2860 is definite in coming days, so prepare to add another long at 1.2580 should price drop there. No need to panic with longs. Stay green

Cable Update (GBPUSD)

I believe you caught the mini bull run... More to come in June. Stay green!

Cable Update (GBPUSD)

1.2545 is the possible support, while 1.2860 is the imminent resistance. I wouldn't risk 230 pips for 100 pips. Stay green.

Cable Update (GBPUSD)

Bulls final time for showdown... Are you ready? The big boys are about to pull the trigger...!!!

Cable Update (GBPUSD)

250 pips range could happen today to the upside. Fingers crossed.

Cable Update (GBPUSD)

When the bulls finally take over, it will be really aggressive.

Cable Update (GBPUSD)

Should the price fall to break down 1.2640, then we will see 1.2860 before this weekend.

Cable Update (GBPUSD)

I still maintain price touching 1.2860 this week. Secondly, second referendum will be voted by the Parliament which will eventually invalidate Brexit and price will soar to 1.34**. Whenever the pair makes 1.2660/92 as bottom it surges to at least ...

Cable Update (GBPUSD)

Seriously, Pound is a big joke. Apex of uncertainty and so erratic. I will dump the pair if it fails to move towards 1.2860 this week.

Cable Update (GBPUSD)

I still expect 1.2860 this week. Let the bulls prepare their wheels... Stay green!

Cable Update (GBPUSD)