Notice how the price turned sideways at that 50 fib.

Cable Update (GBPUSD)

30 min chart shows minor support provided by the orange 50 fib and the pink 300 sma around 1.5740 area. I added another position.

Cable Update (GBPUSD)

Got a little head and shoulder formation on the 15 min chart. It should target around 1.5710 or so.

Cable Update (GBPUSD)

my charts are all in no man's land. standing aside for now.

Cable Update (GBPUSD)

my charts have a bearish feel now.

Cable Update (GBPUSD)

Sentiment has stabilized somewhat for now. I am no longer of the risk aversion bias, but I am not bullish either. The daily candle is bullish, and held on after London closed. The Dow closes in 3 hours. We will know more the last hour of Dow.

Cable Update (GBPUSD)

i am seeing a reversal of sentiment to risk off for now. i deleted my risk appetite positions for now. leaning to risk aversion strategy short term.

Cable Update (GBPUSD)

I bought gbp/chf at 1.4200. exited now. waiting for pull back to test 1.4450 on that pair.

Cable Update (GBPUSD)

gbp/aud and eur/aud was quite bullish today, so far. I am looking to sell at the brown 55 sma area around 1.5380/1.5400 area. Sentiment is shaky now. Very choppy price action on all my charts. typo, i meant bullish. This denotes risk off sentiment ...

Cable Update (GBPUSD)

Good morning all. As i posted yesterday Risk was on. Buying dips made pips on risk appetite. We are approaching resistance here as the hourly chart shows a small bounce off the 38 fib and a double top formation.

Cable Update (GBPUSD)

yesterday sentiment was risk off. That has reversed now for today. Wednesday is triple swap and is usually bullish for carry trades.

Cable Update (GBPUSD)

I am old. I will be 60 yrs old in feb. pull back time. you are correct.

Cable Update (GBPUSD)

i closed all positions except one short eur/aud which has a b/e stop loss.

Cable Update (GBPUSD)

News release was from the Guardian article. It was France and England that have the agreement to finance the european situation. Kneejerk reaction was quite bullish.

Cable Update (GBPUSD)

Good move. Profit taking will get you some short pips here. pull back coming.

Cable Update (GBPUSD)

I took partial profits just now. leaving some remnants to run. Profit taking the last hour of u.s. is expected. After the asian squeeze, look to enter again.

Cable Update (GBPUSD)

News release.... France and Germany announced some kind of agreement. bullish, buy dips

Cable Update (GBPUSD)

Risk is on today. Risk appetite dictates long jpy pairs. Nice pips again today.

Cable Update (GBPUSD)

Risk appetite dictates getting long aud,nzd, and cad.

Cable Update (GBPUSD)

Trend is up today on risk appetite. Knowing this, I just look to enter on pull backs today.

Cable Update (GBPUSD)