I have moved all my stops to 247 just in case this pennant fails altogether.

Cable Update (GBPUSD)

Good morning NMZee I don't care much for news all it does is slow down or speed up the outcomes I plot.

Cable Update (GBPUSD)

That's the daily pivot but I don't see any evidence of that yet

Cable Update (GBPUSD)

At the moment the bulls look well in control. They only need to do what they need to do and at the same time stop the bears from doing what they want to do. (make sense of that) These tiny lower lows are increasing the target distance. I'll sit on ...

Cable Update (GBPUSD)

No worries Digger... You had me worried about a return to the 200 because that would flatten the market yet again.

Cable Update (GBPUSD)

Good morning all. Well it looks like the bulls just stayed put while I had a sleep. However they have also created what appears to be a pennant at this time. If this turns out to be the case then we are heading for the 2563 resistance. This looks ...

Cable Update (GBPUSD)

I sold AJ Then bought the bottom Now closed again

Cable Update (GBPUSD)

Correct Dwain 2523 actually.

Cable Update (GBPUSD)

Hi all. another week starts with the lead up to the Easter holidays and my 1 hr chart is showing little evidence of anything. I see we are hovering within two pips of the target as we await the arrival of the EMA catching up. 2362 is the target and ...

Cable Update (GBPUSD)

Yep have a good un, I'm off to bed too.

Cable Update (GBPUSD)

Interesting. I have targets down there also but I also have the same targets in the long direction. The yellow lines on this chart are decision points and we have not hit the targets on either side for any of the five of them. All we are seeing is ...

Cable Update (GBPUSD)

Why do you say that?

Cable Update (GBPUSD)

An hour ago

Cable Update (GBPUSD)

1 min says 2408

Cable Update (GBPUSD)

News coming up may set the tone

Cable Update (GBPUSD)

Spill a coffee, my keypad is a swamp

Cable Update (GBPUSD)

Hi D, yes but the resistance at 2563 fits the bill also. Most often I see the targets hit before the NFP, they tend to get a wiggle on when they make their minds up.

Cable Update (GBPUSD)

I'm on the fence with this one waiting for evidence. I have a 1hr triangle formation with false breaks on both sides and no support or resistance. The break suggest 83 pips

Cable Update (GBPUSD)

That was not a dream, it was a nightmare. This bar has just bounced exactly where it should do. Hoo ray and up she rises to 2549 (MAYBE!)

Cable Update (GBPUSD)

It hit the 2505 to the pip but has not yet put in a support to take it past it. This current bar may be the support. (1 hr chart)

Cable Update (GBPUSD)