if 1.5410 level hold, then a big pull back is going to happen... just my view

Cable Update (GBPUSD)

I agree, but not beyond 1.53xx IMHO if it is to be uptrend. next 3 hrs will tell what direction the pair is heading

Cable Update (GBPUSD)

I think the pair got hurt really badly by ECB and USD news... it is trying to recover, however, it is unable to do so... sounds like it should go lower a little to boom up to 1.55 zone... The pair strength is not enough although the GBP data was ...

Cable Update (GBPUSD)

glad someone else share the same view

Cable Update (GBPUSD)

sadly, they did break everything after all. now it is a matter of H4 closing to see the direction of the pair.

Cable Update (GBPUSD)

it is going to be like a miracle if price closed below 1.5410 on H4, something may take me one week to believe!! if happened then this is all none sense...

Cable Update (GBPUSD)

yeah, IF broke... it doesn't seem to be that easy because bulls and bears are on war now... P.S: IMHO, BULLS must win the fight

Cable Update (GBPUSD)

well said, however, IMHO I see higher high to 1.57~1.58 and then very deeeeeeeep deeeeeeeep down

Cable Update (GBPUSD)

That was an example only to illustrate that we 'tiny traders' don't have the direct connection to real market while big traders do. There are actually other platforms that big fund traders have access to, something we can't and probably won't be ...

Cable Update (GBPUSD)

I don't think you are right about that, they actually do know what the data results are before the release because our source is brokers economic calendar, but for them 'big players' they get it from direct source. you can check out Bloomberg ...

Cable Update (GBPUSD)

I don't think this spike is going to be a breakout yet. I consider it a failed breakout if price returned back to the range again. we need another breakout to verify uptrend to the zone 1.57 ~ 1.58

Cable Update (GBPUSD)

if there is a down trend anytime soon, that is only a correction IMHO. My view is still the same uptrend to 1.57~1.58 and sooner or later the price will shoot up because it is now inside a limited range so there is a breakout expected in this case.

Cable Update (GBPUSD)

just to recall this quote. I still see higher high to 1.57~1.58 as long as it doesn't break 1.5250 which is very far from the current price. I believe there will be a spike to north to make a new wave because now it is a flag pattern at small time ...

Cable Update (GBPUSD)

I'm just wondering, there is only 1 news coming for GBP on Friday, how would that shoot the pair up to 1.55xx unless USD is down??

Cable Update (GBPUSD)

I still believe this pair will go to the zone 1.57xx or at least close by there say 1.5690

Cable Update (GBPUSD)

Day by day I find it harder and harder dealing with this pair although things are simpler than what it should be... I hate trend rally. correction after sucking all blood now the daily candle is relatively "green" bigger than any previous ones ...

NZD/USD

I don't see this crappy pair going down soon. look the bullish candles... each one is longer than the other!! a new wave is forming I guess. possibly you are right, could it be wave 5? if not, then it will keep shooting to 0.7xxx

NZD/USD

I'm wondering if my analysis is correct the pair to reach the zone 1.57xx at the end or not... but yeah, you are right, and your view is very possible.

Cable Update (GBPUSD)

what's going on with this pair??? It was the weakest one and now the strongest one!! WTF!

NZD/USD

to me I see it going back to 1.5290 ~ 1.5340 initially. might see more higher high before going down to 1.47 or 1.46

Cable Update (GBPUSD)