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- dimadono replied Jun 5, 2020
Seems like the sellers are a bit gone, but there is still a chance for a major drop as long as 96.60 hold for dxy. A drop and close below that level might cause a bit of an issue

Cable Update (GBPUSD)
- dimadono replied Jun 5, 2020
100% This is the retest around the 23.6% and then we will head towards probably 1.30. But heading to 1.30 will be difficult then to retest the 1.20. A retest is most probable as it happens often in all asset classes Lets see if that is right! On the ...
Cable Update (GBPUSD)
- dimadono replied Jun 5, 2020
Another drop to 1.1960... whoever wants to join that drop is welcome.
Cable Update (GBPUSD)
- dimadono replied Jun 5, 2020
This is going back to 1.20 no doubt. Every move is acceptable, but the main target is whats important.
Cable Update (GBPUSD)
- dimadono replied Jun 4, 2020
If dxy breaks 98 forget the longs for some time... The range was amost completed on the upside with 1.26 being rejected for the 3rd time. That should trigger the shorts toward 1.20. A break below will lead to 1.1750 and then see you at the bottom of ...
Cable Update (GBPUSD)
- dimadono replied Jun 3, 2020
I guess us bears will have to be patient on that. I will set up my martin gale strategy to take them all out

Cable Update (GBPUSD)
- dimadono replied Jun 3, 2020
Clearly the 1.3xxx is out of the table at this point and thats because of the whole situation. That was before, when the UK was in the EU positive rates etc. Honestly, i do think that we will be playing around this level for a while and if a break ...
Cable Update (GBPUSD)
- dimadono replied Jun 3, 2020
If it wasnt for the dollar then that would have already been down to 1.20. I guess once the dollar picks up (which it will) then bye...
Cable Update (GBPUSD)
- dimadono replied Jun 3, 2020
Negative rates + brexit (nodeal) + coronavirus economy contraction + real estate drop drop
Cable Update (GBPUSD)
- dimadono replied Jun 3, 2020
I cant wait for boe to announce negative rates. And then all the long positions will be fu**ed
Cable Update (GBPUSD)
- dimadono replied Jun 3, 2020
I am still getting those short formation signals. Its the 3rd one appearing today, so i do believe that 1.25 is back in the game with a break that could lead back to 1.22
Cable Update (GBPUSD)