Monthly support 3 was at 12234 Monthly Donchian Middle is 12021 Monthly chart is in downtrend, previous support 11992 (pink line). So, to be fair,12000 can't be ruled out. image

Cable Update (GBPUSD)

Still a good risk to reward - 1:2 chance, lose 1000 pips max against 2000 pips gain.

Cable Update (GBPUSD)

Second double top can end lower too, not necessarily to reach the top top. It will happen, but not sure for how long. Feds are going against JPY remember not to fight but for economical purpose (little bird told me).

Cable Update (GBPUSD)

Good sell opportunity approaching on UJ, double top end on Sunday, 1st of Oct? image

Cable Update (GBPUSD)

Zebi, many of us where dollar bullish from start of the year, GBP was a toilet paper, only was rising with RS new ideas. Fake things don't last long though. Keep it strong and believe in three back crows same as 3 white solders. It's a sign .

Cable Update (GBPUSD)

Yes. Check out how powerful weekly EMA 200 was, to hold all the trend and reverse! Wow.

Cable Update (GBPUSD)

I don't think so, movement is slow, priced is pushed low using huge funds, slowliness made due to other buying against the flow. Watch and see the power of the coming drop. I can sense. Just a thought, not a recommendation.

Cable Update (GBPUSD)

DXY 26 days later..reaching for the stars image

Cable Update (GBPUSD)

Lots of contradictive debates about this, I find on Guardian this morning. url

Cable Update (GBPUSD)

US interest rate possible increase making Treasury yields rise, therefore stock market falls, this effects GU. Also UK GDP and economy will shrink by 0.3%, followed to 0.2% for the next year. Safer to sell tbh

Cable Update (GBPUSD)

Fairless! That's all you need, +10

Cable Update (GBPUSD)

daily S3 at 1.2126

Cable Update (GBPUSD)

and after it shakes you account will get back where it's started. GU is pretty low now, remember 1.4 - 1.6 days?

Cable Update (GBPUSD)

I lost a few thousands on the latest retracement up. Now we are back and long overdue. Good patience But why lose, price will get back. I wonder if nAvin closed at 1.31

Cable Update (GBPUSD)

US bank rate probability for November, UK bank rate is paused due to new fixed mortgage volume kicking off to many in Jan'24

Cable Update (GBPUSD)

Morning, UJ seeking 15194 area first Weakening oil in process.

Cable Update (GBPUSD)

12250 / 12050 / 11720 We also need a reversal, just don't see one yet. Upside down weekly chart, possible 12050 image 50% Fib 1.1720 image

Cable Update (GBPUSD)

Closed already image

Cable Update (GBPUSD)

"No more counting dollars, we'll be counting stars" url

What kind of music you hear while you trade?

Spread is 20pips

Cable Update (GBPUSD)