Long 2987, SL 2979, TP 3007

Cable Update (GBPUSD)

PA has just kissed H1 average at 2982. Do we now head back to 3010? We shall see very soon. London Open is still about 20 minutes away

Cable Update (GBPUSD)

What a day. PA never visited H1 average for the whole day. It's unusual. The aftermath is that H1 average climbed from 2924 at the beginning of the day to 2972 presently. One thing is sure, PA will visit here by tomorrow

Cable Update (GBPUSD)

Short 2916, TP1 2900, TP2 2885. Not comfortable though with that bull-coloured pin bar on H1

Cable Update (GBPUSD)

Right from the Asian session till now, PA has been hugging M5 and H1 averages; so no direction yet. The hints are on both sides: it can go north or south

Cable Update (GBPUSD)

With the hi-lo on M5, the battle is no longer sweet for the bulls. And to think that they couldn't get to Auto R1 at 2940 despite all their brohaha

Cable Update (GBPUSD)

The bulls are labouring to push this up. Let's see how far they can go

Cable Update (GBPUSD)

Aren't the bears back?

Cable Update (GBPUSD)

Both M30 and H1 are saying that 2885 is now on the radar

Cable Update (GBPUSD)

Is it not too early? PA is yet to close above M5 average currently at 2909 since 12 noon GMT today

Cable Update (GBPUSD)

Hope you remember that US is on holiday today. And with that monstrous bullish D1 candle, such optimism should be jettisoned.

Cable Update (GBPUSD)

It's early morning but the bulls are bossing the H1 average currently at 2918. D1 is saying bear. So, it's like we are going to see a lot of yo-yo today

Cable Update (GBPUSD)

Potential bull support on M5. Are the bulls about to take off? Were this to be London session, it would have been bingo!

Cable Update (GBPUSD)

Yeah, but a trip southwards is likely before the bulls blaze their horns full throttle. They've retaken the H1 average (2916 presently) which they lost by 11 hours GMT yesterday

Cable Update (GBPUSD)

The bulls are back!

Cable Update (GBPUSD)

It's like EMA 29 is winning the battle of H4 average. Ever since your last post there has been no case of lo-lo and now PA is at H1 average

Cable Update (GBPUSD)

I am thrilled. Today will give us a good test between EMA 26 and EMA 29

Cable Update (GBPUSD)

Hope you are looking at H4. It is bullish and has closed above H4 average (2907)

Cable Update (GBPUSD)

Did you notice how the H1 candle (on which you based your decision) eventually closed out?

Cable Update (GBPUSD)

Even till now, the H1 average presently at 2943 is yet to be taken out by the bulls. So, the bears are still the boss for now. 30 pips on M5 are a lot. And on any TF, the person who trades with 10 lot (as we see on this forum) will sing for 30 pips

Cable Update (GBPUSD)