Man, I missed all the fun this morning...This thing can't seem to break down past 1.4850-1.4830 or break up past 1.4960ish. Every time it tries, there's a huge NOPE and then it's off to the races in the opposite direction. It feels like there's ...

Cable Update (GBPUSD)

This thing has stalled out so many times around 1.4970 now...I can see 6 attempts to break it on the hourly and that's just in last few days. Me, personally, I don't see a break through that area until it drops for a while

Cable Update (GBPUSD)

Some are saying 1.43 tomorrow, others are saying 1.500+ by tomorrow.... *grabs popcorn*

Cable Update (GBPUSD)

If things were guaranteed, we'd all be millionaires by now eh?

Cable Update (GBPUSD)

Rallied all the way to 1.4970 after a bounce off 1.4850 and then fell asleep right on 1.4950. Unless it decides to push further and breach 1.4980, I feel like this might go south for a while before finally breaching 1.5000. Anyone else get that ...

Cable Update (GBPUSD)

I appreciate the sentiment. I'm young and inexperienced and I tend to get too excited about this stuff

Cable Update (GBPUSD)

Waiting for a breach through 1.500 and then I'm with Bones on this one: I think this might be going to the moon. I thought the opposite yesterday but after the performance today, I think the bulls have made their claim.

Cable Update (GBPUSD)

Seems like the bulls are finally losing steam at about 1.4970. I'm eager to see where the week closes. I get the impression 1.500 is make or break.

Cable Update (GBPUSD)

Man I was expecting a bounce from 1.47xx but not all the way past 1.4900. Flirting with 1.4950 right now...

Cable Update (GBPUSD)

Testing 1.4750 right now. Waiting for reversal signals and then going short. With the look of that weekly pinbar, this thing is going DOWN for a while. Get them pips.

Cable Update (GBPUSD)

Depends. We're losing steam right above 1.4700. There will maybe be some kick up to 1.7440-1.4760 before falling through. I'm seeing a doji form right above 1.4700 on the hourly right now so to me it's a waiting game.

Cable Update (GBPUSD)

I feel like if 1.4700 breaks, it's going south fast. If it holds, it's going to bounce hard. That's what it feels like to me.

Cable Update (GBPUSD)

What's everyone's opinion of tomorrow's events? I've been reading different reports all day and I have no idea what to expect...will GBP/USD see 1.50 or 1.43? Both?

Cable Update (GBPUSD)

I've been looking at everyone's charts (thank you for even posting them - they're very helpful) and it seems like the over-all sentiment remains bearish for GBP/USD. Projections indicate we might see 1.46xx, 1.45xx, even 1.44xx. Does that seem like ...

Cable Update (GBPUSD)

Probably be a decent bounce 1.4850 for some pips but I fully expect it to drop through it eventually.

Cable Update (GBPUSD)

I'm no expert, but I would have set a SL before things got that far away from your position (maybe like 1.5000 which was hailed to be a strong support). Will GBP/USD see 1.5240 again? Most likely. But the problem is how long will it take to get ...

Cable Update (GBPUSD)