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Ill-b-back commented Dec 13, 2018Could also simply be delay tactics, buying time to further squeeze UK into a corner closer to March
Draft EU document on Brexit prepared for British PM May includes possibility EU to look into...
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Ill-b-back replied Dec 13, 2018Yeah, it's a perfect ABCD reversal pattern to the pip, but that is a lot of consolidation above to overcome, particularly when there has been no real consolidation to speak of at the bottom to provide the fuel for a sustained, long term up move.
Cable Update (GBPUSD)
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Ill-b-back commented Dec 12, 2018I think it's a great idea

Theresa May has won the confidence ballot by Conservative MPs
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Ill-b-back commented Dec 12, 2018Yep, with eu (currently) not accepting any amendments to the proposal, and parliament not passing it in it's current form, it will become a game of "Chicken" as the "NO DEAL" March deadline looms....
Theresa May has won the confidence ballot by Conservative MPs
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Ill-b-back commented Dec 12, 2018Brexit nothing has change with regards to Brexit. A leadership spill this close to the Brexit deadline would likely create more problems than it solves, that's the only reason why I think she is still in "power"
Theresa May has won the confidence ballot by Conservative MPs
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Ill-b-back commented Dec 12, 2018Right. Now back to the Brexit Chaos. Sell the Pound on spikes...
Theresa May has won the confidence ballot by Conservative MPs
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Ill-b-back commented Dec 12, 2018Kicking May out would be good for Pound.
Senior Brexiteer with detailed knowledge of the count says 86 Tory MPs have voted that they...
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Ill-b-back replied Dec 12, 2018Looks like it's not just me who uses fib levels then. Agreed, either tight stops or don't over leverage. Can't have both.
Cable Update (GBPUSD)
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Ill-b-back replied Dec 12, 2018The Pound has humbled traders in here before before and it will humble them again. This should be remembered before we get too cocky, but short memories are common in this place.
Cable Update (GBPUSD)
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Ill-b-back replied Dec 12, 2018watching for another 2710 retest, as the Pound says "surprise"....

Cable Update (GBPUSD)
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Ill-b-back commented Dec 12, 2018Even if true, and by some miracle this is not just another media lie, it makes no difference at all. Brexit proposal is still dead. Take advantage of this rally and sell the Pound at a good price.
Our BBC News tally says 158 Tory MPs have now said they will be backing the PM tonight -...
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Ill-b-back replied Dec 12, 2018Parliament won't accept current version, eu won't accept ammended one. She's stuffed?
Cable Update (GBPUSD)
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Ill-b-back replied Dec 11, 2018I see resistance around 1.2512 with a target area below
Cable Update (GBPUSD)