agreed, looking at todays movement i think going over 1.297 and staying there could see another move forward. currently its retreated from the daily pivot so another move forward needs a bit of a push

Cable Update (GBPUSD)

its interesting last few days. this morning we dropped below 1.2890 for a but then a tweet sends a spike up. a bit like a comment yesterday sent things tumbling. This pair wont let technicals do their job as comments and tweets are sending ...

Cable Update (GBPUSD)

Not looking good for long positions

Cable Update (GBPUSD)

Seems to be stuck in a tight range here. As soon as I see a green spike it’s slapped right back. Rejected the drop below 12890 a couple of times not sure if it’s sufficient to indicate a long.

Cable Update (GBPUSD)

well that trade didnt work.. not trading until i see a clearer signal.. its too low to enter a short and not enough for a long entry either. Although I cant see EU/UK walking away from Brexit talks i dont think there will be enough to turn it around ...

Cable Update (GBPUSD)

it seems the movement today is more London lockdown related.. although walking away from a deal could send GU further downwards

Cable Update (GBPUSD)

seems so.. if GU does go back upto 13020 (B/E) I will just pull out.. although cant see it happening right now

Cable Update (GBPUSD)

This is my current set up although it’s not currently looking too good

Cable Update (GBPUSD)

Might take profit now and retry tomorrow looks like cable running out of fiz

Cable Update (GBPUSD)

Hit SL gone long TP at 3100

Cable Update (GBPUSD)

Took profit at 12890 now shorting from 12950 TP at 12900

Cable Update (GBPUSD)

I have removed my TP from yesterday’s trade. SL set to plus 50 pips but looking at potentially seeing cable drop below 12850

Cable Update (GBPUSD)

I’m sticking with my original plan following the signal from IG tp at 12920 but moved SL to take home at least 30 pips

Cable Update (GBPUSD)

Interesting signal although I don’t think we will see that level of drop

Cable Update (GBPUSD)

On the 1 minute the S1 area looks vulnerable.. personally I think it could be a bounce back area for longs

Cable Update (GBPUSD)

mate take no notice of them. No need to chip.

Cable Update (GBPUSD)

Seems like GU rejecting 1.3070 is it a bank holiday in the US?

Cable Update (GBPUSD)

Good point, I’m setting SL at b/e

Cable Update (GBPUSD)

totally agree, the north south divide is saving the GBP today. If the government announces a circuit break lockdown on a national basis the i wouldn’t be surprised to see a drop to 1.26 area. Likewise if there isn’t any positive news from the Brexit ...

Cable Update (GBPUSD)

you expecting a dip before the up?

Cable Update (GBPUSD)