Closed -70 pips today.. will watch out for any Brexit news and the weekend GU pairs for any indicators.

Cable Update (GBPUSD)

Looking at the 15mins it’s started to flatline a bit which means Sunday night could start a down trend depending on if any Brexit talks is not positive. A close below 1.3 might provide technicals for a drop.

Cable Update (GBPUSD)

I think it will play more of a factor is there are further lockdowns throughout the country. I think Brexit will play more into the Monday readings. I’m hoping for a retrace before close towards 1.3 but can’t see it happening

Cable Update (GBPUSD)

S2 rejection doesn’t look as if it’s happening. Will wait and till 6.30 Uk time and decide if I pull out.

Cable Update (GBPUSD)

1.3 has been kissed will it reject it or wi it higher gains?? I’m hoping for a rejection towards 12850 but you never know

Cable Update (GBPUSD)

Shorting now at 1297 targeting 12940

Cable Update (GBPUSD)

Possibly, I cant see GU going over 1.3 unless there is some concrete positive Brexit news. Also with a chance of further restrictions due to Covid there is a chance of GU dropping below 1.28

Cable Update (GBPUSD)

Just when I was about to take a hit GU goes up.

Cable Update (GBPUSD)

interesting day, rejected 128XX and also higher than 1296X

Cable Update (GBPUSD)

in the mean time its drying our patience! still have my long from the other day at 12972 however will be more than happy to close at B/E and try a short position as 1.3 doesnt seem likely at least this week unless something comes up from the EU ...

Cable Update (GBPUSD)

ok so whose muzzle was removed and GU dropped like a lead balloon? from the signals I have seen the GU can still get upto 1.2985 area but it could be a downward from there

Cable Update (GBPUSD)

The 1.3 area seems to be a very hard nut to crack it seems. I agree with you that 1.3 looks achievable but i dont think we will further gains

Cable Update (GBPUSD)

Beware of 930 BoE announcement could send spikes cable either way

Cable Update (GBPUSD)

Spiking over 129... could it be the short entry point discussed earlier

Cable Update (GBPUSD)

it will move it. which way i dont know. There are talks of trump back tracking on his tweet yesterday which would help the GBP.

Cable Update (GBPUSD)

Trump might back track on his tweet...

Cable Update (GBPUSD)

looks like im the crazy one still holding onto a Long from 1.297 SL set to 12800 so watching nervously, might take losses if it goes up and gets stuck t 1.293 - 1.295

Cable Update (GBPUSD)

Long still on holding for 12950 before shorting. Although signal from IG is targeting 1.3

Cable Update (GBPUSD)

12850 does seem a key resistance level. I’m hoping GU will head back towards 12910 tomorrow as my long is still locked in however if there is a drop below 12850 then I will have cut my losers

Cable Update (GBPUSD)

talk about major blow out today!.. have a feeling we will see longs back tomorrow unless Trump or Bojo remove their muzzles

Cable Update (GBPUSD)