I would say MM want to start munching the longs. It looks bearish to me on 4hr and daily.

Cable Update (GBPUSD)

I think you will be right. With a whopping 83% of lots now long, url , we have confirmation of a bearish retrace before the longer term bull continues. I am now long and short. playing both the long game and short game so to speak ...

Cable Update (GBPUSD)

Nice trade

Cable Update (GBPUSD)

Pullback/Buy zone presents itself on the monthly.

Cable Update (GBPUSD)

2750 looks like a good target on the daily

Cable Update (GBPUSD)

Did I read right, the Fed are easing again?

Cable Update (GBPUSD)

91% of lots are short. url I'm thinking it will break north.

Cable Update (GBPUSD)

Daily is bullish

Cable Update (GBPUSD)

and waiting, and waiting, and waiting, and waiting, and.... ☠

Cable Update (GBPUSD)

92% of lots short

Cable Update (GBPUSD)

Looks like another bullish wind up for today

Cable Update (GBPUSD)

There are now 3-4 bullish tails off the TL retest, with the latest being a bullish hammer (NY time candles). Retail shorts have also shot back up to 88% (from 71%) after this little Cable jump, so bears are showing no signs of giving up yet...

Cable Update (GBPUSD)

I'll believe it when I see it. The number of lots short is now down to 71%, so maybe a sign as you say.

Cable Update (GBPUSD)

88% of lots still short... url

Cable Update (GBPUSD)

Ok found it.

Cable Update (GBPUSD)

Perhaps you could direct us to where you first posted this chart. All I remember hearing from you for the past 2 weeks is something like, whoosh, we are going to 1.22... A bit like Robbie...

Cable Update (GBPUSD)

Indeed, but it's the bears still relaxing with a cigarette right now

Cable Update (GBPUSD)

The link I posted takes you there. Scroll to lots

Cable Update (GBPUSD)

Yep it could. But hard Brexit isn't happening.

Cable Update (GBPUSD)

Over 90% of GBPUSD lots are short. url

Cable Update (GBPUSD)