SHHHHH — Don't wake the Bulls or Bears. It's nap time for the markets.

Cable Update (GBPUSD)

In that case it will be Obama's positive changes that will support the market.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Of course it's Bush's fault wink wink nod nod

Auslanco - GBP/JPY and GBP/USD (newstrade)

Might have to test the UTL on the 5m TF downtrend at about 1.395 first before it gathers some strength to move lower again. Will be watching and waiting.

Cable Update (GBPUSD)

Lingering but nothing yet. Looks like we will have to wait until London comes back to get our move.

Cable Update (GBPUSD)

Dare I mention it again. The mighty 1.390 again

Cable Update (GBPUSD)

Nothing exciting in the speech.

Cable Update (GBPUSD)

AGAIN — Again with the 1.390 level. Watching it closely.

Cable Update (GBPUSD)

LOOK AT THE DATE it was from TWO Years ago. Opps

Cable Update (GBPUSD)

WHERE????

Cable Update (GBPUSD)

Battle — Line in the sand at 1.39 is in play again. Again Cable seems to be following instead of leading the charge lower. That's ok, as long as the move continues.

Cable Update (GBPUSD)

Back visiting 1.39 again. Hopefully we can break it and stay below it soon.

Cable Update (GBPUSD)

Follow the leader — Cable was the leader in the early down moves in Asia and London but now it seems to following EUR and CHF. Either way it looks like it wants to continue the move lower.

Cable Update (GBPUSD)

EUR trying to break 1.29 again, CHF moving up to 1.15 area. Looks like the Bears are just lumbering along for now. They may not want to run right now, but if those two levels are taken out significantly, I would assume that the momentum would ...

Cable Update (GBPUSD)

Cable came back to test the broken trend line and now has broken below 3950. It will be interesting to see if the bears have the hunger to move it lower.

Cable Update (GBPUSD)

Sad but so very true.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Actually, looks like some support at 3950 to work through first.

Cable Update (GBPUSD)

Broke the wedge on the 15M chart. Now to see if the bears can attack the magic 1.39 level again.

Cable Update (GBPUSD)

I didn't vote for him, but I wish him all the success and luck in the world. He deserves it.

Cable Update (GBPUSD)

Cable Bears are giving it the old college try. Will they be able to keep it under the trend line?

Cable Update (GBPUSD)