Seems like it's fighting the 4/17/15 high at 1.5040-1.5060. If we can't break through and then I'm feeling a retreat until more news comes tomorrow. Maybe to 1.49xx? I don't know...bad trade after bad trade. Getting worn out and it's only mid-week. ...

Cable Update (GBPUSD)

I don't know what to make of last week. I've read an equal amount of reports saying "To the moon!" and "It's going to plummet!" so I don't know where it's going for this week. My gut is saying it's probably going to drop so my bias is bearish but I ...

Cable Update (GBPUSD)

We might have ourselves a Shooting Star (D1) if things hold as they are right now. Is this the end of the Bull's fun?

Cable Update (GBPUSD)

Story of my trading career...

Cable Update (GBPUSD)

When is this thing going to start turning around? Sheesh...

Cable Update (GBPUSD)

"The following is the latest technical setup for GBP/USD as provided by the technical strategy team at Barclays Capital: Upticks provide better levels to sell within context of the greater bearish trend. We prefer to fade gains and look for a move ...

Cable Update (GBPUSD)

Fun might be over just below 1.4800...

Cable Update (GBPUSD)

I suspect it will kick up come Monday but I can't see it getting very far before continuing it's downwardness. My sentiment remains bearish. But hey you never know

Cable Update (GBPUSD)

Goals already hit today so no more moves until I see where the day closes. Could be some worthwhile long positions -- at least for Friday -- depending on where the new day candle begins. Goodluck to all.

Cable Update (GBPUSD)

It did. My short will have to wait until that levels fails as a support

Cable Update (GBPUSD)

Missed all the fun today. Waiting for a break through the 1.4850 support zone and I'm going short.

Cable Update (GBPUSD)

The battle for the 1.4830 zone begins.

Cable Update (GBPUSD)

Couldn't break the 1.4980 zone. It will probably try again, and I suspect it will fail. My sentiment remains bearish. Failure to close above 1.5 will likely call for a harsh drop, exposing the 1.45 zone. My thoughts on the day.

Cable Update (GBPUSD)

Didn't expect a pump like this but I don't think the bulls are in the ring to really fight just yet. Too much resistance above 1.4900. Waiting to see where the day closes but I'm still leaning towards more shorts for next week. Just my two cents.

Cable Update (GBPUSD)

Three doji's (pretty much) these past three days. Where's this thing going to go?

Cable Update (GBPUSD)

Put my TP in the wrong zone and missed my chance to TP at 1.4750. Nice bounce off that level but it already lost steam before even touching 1.4850. Can't see the bulls really mounting something out of this.

Cable Update (GBPUSD)

I'm long off 1.4850 but I'm keeping a close eye on it. TP around 1.4900 for now, but that might be a stretch.

Cable Update (GBPUSD)

Now I imagine 1.4850 is going to be a strong resistance as it was finally able to break through it downward.

Cable Update (GBPUSD)

Did I miss something? Market flinched for a second past 1.4910 but other than that nothing happened

Cable Update (GBPUSD)

Waiting to see the daily close on or above 1.4850 for a short-term long entry. Market is ranging between 1.4950-14982 so I'm not holding onto it for long. Not super solid.

Cable Update (GBPUSD)