It has to go down after this and previous week's whipsaw. i think our daily close today would be very very bearish.

Cable Update (GBPUSD)

Sold at 3380.. tp 3303

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Math of market...

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Another drop to 297 is ahead.

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Short term upward trend line broken.. free fall from here ..

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Where is my badge?

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I am keenly waiting for it.

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Need to take out buyers at 297 and 263 respectively.

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Sold at 3377. Good luck mate. Its according to my system. Cant blame anyone.

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Alright bulls run out of fuel at 3372 area. All the way back to Big F area now...

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1st attempt failed. lets try again.

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I think Selling trend for Wednesday officially begins in few moments.

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No...it appears to be but i think its heading towards 3225 or 204

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First sell today was from 3393 got out early at 3303. Second sell is on now from 3310. Target 3204. I am waiting an hourly close below 32973. Which will open door to my target and give me a chance to add on

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Hourly close below 3297 would do another wonder..

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Lets find out

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Can pound drop 200+ pips like old days today???

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Hell of a bumpy ride. Stopped out at BE. But managed to pick the top. Now it wont go up any more. For sure

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Not possible right now... it wont get pass 3250.. and there is more downside..

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It will be a bumpy ride but we ll get there at the end of the day.

Cable Update (GBPUSD)