Today may produce December low.. if that happens, expect 1.3050 this December.

Cable Update (GBPUSD)

Stop hit. Bought again at 1.2517, target 1.2627... stop 1.2475

Cable Update (GBPUSD)

Bought GU 1.2587... target 1.2700... stop 1.2540

Cable Update (GBPUSD)

Exited at break even 1.2590. I'm not confident about this long. I will reenter if it drops to 1.252x area.

Cable Update (GBPUSD)

Bought GU at 1.2590, target 1.2800... swing... Stop at 1.2530.

Cable Update (GBPUSD)

Average first 3 days of the month range is 150 pips, so far it has done 120 pips, this means additional 30 pips to break either 1.2724 or 1.2603... This means we may see 1.2750 or 1.2570 today... Slightly bearish biased to 1.2570.

Cable Update (GBPUSD)

Phew ... 2147 already attained, that was super fast.

Cable Update (GBPUSD)

Hello Guys, for those trading Gold should know it's in a break out phase and possible destination is 2150. It may sound insane but the possibility is there... Shorting it can be extremely dangerous and buying it can also mean buying the top... Apply ...

Cable Update (GBPUSD)

1.2633 attained .. what next? Can't say much other than 1.2580 is very much likely before new round of buying to 1.30.

Cable Update (GBPUSD)

I will be shocked if there is no at least 100 pips retracement from this month high of 1.2733... today is the last day of the month, there has to be some upper wick in the candle after this fierce bull run... I'm looking at 1.2633 minimum.

Cable Update (GBPUSD)

680 pips already this quarter and 620 pips already this month.... Expected range this quarter is 1000 pips... 1.2037 + 1000 pips = 1.3037... Just 2 trade days left this month, some reversal to 1.2500 can't be ruled out before further surge to 1.30 ...

Cable Update (GBPUSD)

Yes it's achievable on GBPUSD ... From year 2014 July to September 2022, GU fell from 1.7194 to 1.0352 (whooping 6842 pips crash) And after every major fall, the rise has been limited to 1.52, 1.45 and 1.42. In summary, GBPUSD drops more than it ...

Cable Update (GBPUSD)

GU may touch 1.2690 - 1.2700 today... I have set second sell limit at 1.2690, stop adjusted to 1.2727

Cable Update (GBPUSD)

Almost hit 1.2660... that's market makers for you. When bears have given up hope, then it will finally fall.

Cable Update (GBPUSD)

Sold 1.2638... target is open. Stop at 1.2680.

Cable Update (GBPUSD)

exited 1.2620... I will wait to sell higher if it gets to 1.2660.

Cable Update (GBPUSD)

sold 1.2635, target 1.2525... stop 1.2657.

Cable Update (GBPUSD)

I agree with possible 1.2640 on Monday before 1.2515 may be seen... It obviously want to buy back to near 1.30 for year end. Price usually trades around yearly high or low by December.

Cable Update (GBPUSD)

I like the Admin for real. This means a less chaotic thread. God help us all.

Cable Update - Continued

I don't understand, is this a new thread? Where are the very old conversations and who is the admin?

Cable Update - Continued