Bought 1.2545, target 1.2600... Second buy limit @1.2505, target 1.2545...

Cable Update (GBPUSD)

Super weird tight range these days.. but it will pass.

Cable Update (GBPUSD)

Target met... +50 pips.

Cable Update (GBPUSD)

Sold 1.2674, target 1.2624 .. Second sell limit at 1.2724, target 1.2674...

Cable Update (GBPUSD)

All shorts already exited at 1.2585... this area is the most realistic price is expected to touch this week... Considering the open to low distance of previous weeks being 50 - 75 pips and this has also done 54 pips open to low distance. I will ...

Cable Update (GBPUSD)

Spot on mate, Hope is very vital. Without Hope, there won't be any existence or reason to carry on. No matter how skilled a trader is, there is always a space for hope and some elements of luck as nothing is guaranteed in life, not even our fragile ...

Cable Update (GBPUSD)

1.2560 is a Value area that has a high chance of being attacked today and below that area will bring 1.2480 back in sight.

Cable Update (GBPUSD)

hello Bro, minimum quarterly range for Q2 is usually between 500 - 750 pips as you pointed out. Which means that 1.28 is realistic in this quarter. So far we have already seen 1.2273 - 1.2653 which is 380 pips of expected minimum of 500 pips... ...

Cable Update (GBPUSD)

its preparing for gigantic fall from early next week, this move is highly manipulated to eject early sellers and trap enough buyers upstairs... I see this run stopping around 1.2690 area then full scale sell back to 1.2500, then 1.2383. Patience and ...

Cable Update (GBPUSD)

Sold 1.2648.... target 1.2568... Second sell limit @ 1.2680 target 1.2385 (swing)...

Cable Update (GBPUSD)

Shorts exited at 1.2575... +13 and +55pips... Good one. Will wait till the dust settles again.

Cable Update (GBPUSD)

Lowest monthly range in the past few years are May 2017, December 2017 and January 2020... They were all less than 310 pips recorded in April 2023.

Cable Update (GBPUSD)

✓Expected range for May is between 400 - 550 pips... All factors held constant of no out of the World breaking News... So far 40% of the expected move for May has occured within the First 5 trade days. Next resistance stands at 1.2660 April 2022 ...

Cable Update (GBPUSD)

GU already done 200 pips of expected 260 pips in the first 5 trade days of the month, high expected to be limited to 1.2690 today and limited to 1.2780 for this month... NFP forecast already lowered any reading above forecast may be the beginning of ...

Cable Update (GBPUSD)

Sold GU at 1.2588 .. target 1.2538... Second sell limit at 1.2618 ... Target 1.2588.

Cable Update (GBPUSD)

Below 1.2530 is pointing at 1.2410 - 1.2387 area before bulls may turn in with aggression.

Cable Update (GBPUSD)

@1.2400, even 1.2387 is possible before up move to 1.2780 this May.... As always I may be wrong.

Cable Update (GBPUSD)

The one that has highest chance factors in the current momentum and the distance of the current price to the anticipated marked out area. For instance, 1.2495 (price as at typing then) is much closer to 1.2406 and much farther from 1.2644. Also ...

Cable Update (GBPUSD)

It's good you have your stop loss in place as minimum first two trade days of the of the last 6 months is 164 pips and currently done 90 pips (1.2570 - 1.2480) which means at least 74 more pips to break either 1.2570 or 1.2480... Simulations below ...

Cable Update (GBPUSD)

Below 1.2530 will be an invitation of 1.2400 tomorrow. I may be wrong trade with utmost caution.

Cable Update (GBPUSD)