Well we reached there in a big hurry ....

Cable Update (GBPUSD)

it is interesting to see how overbought cable is in different retail platforms . forex factory shows 68% are long Oanda 72% - never seen such figures in last decade. Looks like retail traders are in for more shock

Cable Update (GBPUSD)

The steam in GBP is running out . Looks like heading back to the below 1.300 levels - and for the longer term 1.200 is likely .

Cable Update (GBPUSD)

The way ahead today as I see it - fed of course does not increase rates - GBP shoots up - then there is heavy sell off to the lower levels towards 1.2 levels.61% in the plus is definitely a highly overbought state but can it be that simple ?

Cable Update (GBPUSD)

Don is right in the medium-long term - these are the lowest lows for sometime to come for GBP - an adjusted triple bottom is roming in 4 h chart which should see the pair go up to the 1.47 range . Fundamentally there is everything poitive - the ...

Cable Update (GBPUSD)

Looks like we are going to go back all the way to 062 again

Cable Update (GBPUSD)

Looks the day up in over back to lower levels

Cable Update (GBPUSD)

Looks like will be heading above yesterdays high

Cable Update (GBPUSD)