Thanks mate.... I will prepare to sell from 1.2716 - 1.2770 area of it gets there.

Cable Update (GBPUSD)

All transactions closed @ 1.2630... +50 pips, - 40 pips and minus 70pips... Relieved.

Cable Update (GBPUSD)

On the side note, most mid months like 14th day have produced the monthly high or low... Most Notable is 14th January 2022 where the high of that year was recorded at 1.3748... also noteworthy that June 14 2022 produced the lowest price of that ...

Cable Update (GBPUSD)

Exactly this time last year Fed unexpectedly double rate and 70 pips fall in a flash.

Cable Update (GBPUSD)

1.2702 almost attained, average weekly range is 95% done, only need 1.2610. Now it's either 1.2770 or 1.2448 from here, many will doubt 1.2448 but it can't be ruled out.

Cable Update (GBPUSD)

Yes, I use averaging method... Main lot size used @ 1.2680.

Cable Update (GBPUSD)

Last sell added at 1.2680... all target now 1.2610...

Cable Update (GBPUSD)

I should not be selling this GU, I ought to be buying and yet caught on the selling side, I will have to exit my sell trades once price reaches 1.2594.. then I will buy for a target of 1.2640 then 1.2700 for the latter part of this week. Expected ...

Cable Update (GBPUSD)

Added short again at 1.2592... will exit all at 1.2552... I didn't follow my original plan to buy till 1.2630... perhaps it will still be followed midweek.

Cable Update (GBPUSD)

sold 1.2561... target 1.2501

Cable Update (GBPUSD)

Exited 1.2531... +20 pips .. will buy lower if and when price touches 1.2470 area.

Cable Update (GBPUSD)

I will prepare a buy 2 at 1.2460 area... All target will be aimed at 1.2630.

Cable Update (GBPUSD)

All sell closed 1.2507... +40 pips aggregate.... This tool far too long... This week, I'm going long for a target of 1.2630... bought 1.2511.

Cable Update (GBPUSD)

Second sell added 1.2553... all target 1.2500...

Cable Update (GBPUSD)

Sold 1.2513.... target 1.2463...

Cable Update (GBPUSD)

Sellable price is 1.2468 - 1.2500... Buyable price is 1.2326 - 1.2290...

Cable Update (GBPUSD)

Exited 1.2427... +34 pips... Good stuff

Cable Update (GBPUSD)

Market goes back to the weekly open price and breaks it by at least 10 pips or more 85% of the time. Weekly open is 1.2447 and high being 1.2450 (3 pips) I still expect price to touch at least 1.2460 between Monday to Wednesday... Connecting Monday ...

Cable Update (GBPUSD)

Bought 1.2393... target 1.2437...

Cable Update (GBPUSD)

Exited at 1.2488.... +34 pips .. good end to the week

Cable Update (GBPUSD)