saved by DXY hard 102.80 .... again.

Cable Update (GBPUSD)

Finally crossed first hurdle of 1.2700 and holding. This is not so bad considering today low 1.2625 recovering almost 100 pips. I am done for the day, Good luck to you all who decide to continue for next hours.

Cable Update (GBPUSD)

Exciting datas today almost everthing in favour for GBPUSD to go up. Minimum impact on the cable. let's see if DXY can reach 102.50, i like the drop after ISM data.

Cable Update (GBPUSD)

DXY safely bounced of 102.50 after the news event. Unlikely that GBPUSD will cross 1.2700 then 1.2742 today. Though I still remain long overall, I continue to scalp short positions is small lots. Trade cautiously until NFP tomorrow. ...

Cable Update (GBPUSD)

Another breach failed DXY below 102.80. GBPUSD holding 1.2780 line. if DXY falls below 102.50, it will confim the reversal. however, only a positive news can save it now from bears .

Cable Update (GBPUSD)

DXY 102.80 tested twice in last 24hrs. Good news for bulls it holds as expected. I am confident of some upside movement and GBPUSD to remain afloat above 1.2700 if DXY 102.80 is not breached. A positive GBP data could fuel the rocket. ...

Cable Update (GBPUSD)

I wouldnt say that the problems are over for bulls but i see some relief in sight. DXY was expected to face strong resistance around 102.8 and it seems it worked. I do not expect it to retrace to 102.2 but if it reaches arong 102.5 it will be good. ...

Cable Update (GBPUSD)

DXY dropping, I hope not another free fall though everthing indicates GBPUSD to go up. Again last session on friday so play safe. Good luck and good weekend.

Cable Update (GBPUSD)

@Moty ... DXY bottommed out?

Cable Update (GBPUSD)

There is no logic to this movement. DO NOT BE FOOLED. I do not see any correction until the US data in couple of hours. If the data is good, God save the Queen.

Cable Update (GBPUSD)

Aparently not.

Cable Update (GBPUSD)

DXY seems to preparing for another fall. Doubt GBPUSD will go down from here any time soon.

Cable Update (GBPUSD)

Unlikely to break 1.224xx today. i would wait for a drop around1.2200 to buy again.

Cable Update (GBPUSD)

Bouncing off 1.209xx. seems biased in favour of sellers but for how long? image

Cable Update (GBPUSD)

1.2146 seems like a solid resistance for now. Unlikely to break any time soon.

Cable Update (GBPUSD)