im still thinking up esp with the dollar weakness across the board, in any case I wouldnt go long, just look for a better shorting position

Cable Update (GBPUSD)

Dollar is getting a kicking from all angles today!

Cable Update (GBPUSD)

Nope nothing yet, im gonna have to sit it out and wait for better signals i think.

Cable Update (GBPUSD)

True, but it has broken above a small down trend. I still think there is a strong posibility that it will head up there if it can get past the 1.4967-1.4980 resistance, theres a nice medium term down trend there at around 1.5270 ish too.

Cable Update (GBPUSD)

Today Im thinking this could go to 1.5285! before coming back down again

Cable Update (GBPUSD)

I cant see this going past 1.4920 if there is a bounce

Cable Update (GBPUSD)

good choice, we may see a little bounce

Cable Update (GBPUSD)

Agreed, and thnx for your chart

Cable Update (GBPUSD)

Yeah I see what your saying, I was actually long until my small uptrend was broken. on 15min chart. The pound is just so fundamentally in trouble at the mo that I think anything is poss. I just gotta feeling the 1.4830 support isnt going to hold it ...

Cable Update (GBPUSD)

but seriously though i would reconsider long if 1.4830 is broken

Cable Update (GBPUSD)

Hey go short then we can cheer the same team!! lol

Cable Update (GBPUSD)

1.4830 support hurry up and break

Cable Update (GBPUSD)

wohoo lower lower lower

Cable Update (GBPUSD)

i think its selling time again

Cable Update (GBPUSD)

1.5260 would be nice not holding my breath though.

Cable Update (GBPUSD)

come on cable get a move on up

Cable Update (GBPUSD)

Just like using a retail broker normally, but betting is tax free in the UK Hence spread betting, spreads are definatly fixed and pretty sure they are wider

Cable Update (GBPUSD)

LOL

Cable Update (GBPUSD)

The execution and spreads are very good, they are not fixed though and do vary. Im pretty sure there isnt min distance for TP and SL. But mine are not normally that close to entry. You can do a live chat with them and they get back to you atraight ...

Cable Update (GBPUSD)

Agree looks like a retrace is on the cards

Cable Update (GBPUSD)