imho i see next target is around the 20 July lows... 4 weeks back around 1.3575... the area around 1.3675 is holding up imo. I think it may start to consolidate now and hopefully continue its move down to 1.35 next week.

Cable Update (GBPUSD)

GBP/USD remains heavily offered below 1.3700 mark, one-month lows AUGUST 20, 2021 12:52 AM AEST SOURCE: FXSTREET GBPUSD Strong follow-through USD buying prompted fresh selling around GBP/USD on Thursday. The risk-off mood and the Fed’s tapering plan ...

Cable Update (GBPUSD)

RBNZ holds now, points to rate hike later this year – UOB Thursday, August 19, 2021 08:58 AM

Cable Update (GBPUSD)

BoE could hike rates in 2023 – UOB Thursday, August 19, 2021 09:42 AM

Cable Update (GBPUSD)

yes i agree there is a "flight to safety" but why are investors scared is it because of Afghanistan?? anyway this is what i am watching and looking for opportunities in the long term horizon. I prefer to have a long term directional bias before look ...

Cable Update (GBPUSD)

the next logical level of support is last months low around the 20 and 21st JULY @ 1.3633 and 1.3570

Cable Update (GBPUSD)

early in 2021 over a period of 12 weeks GBPUSD formed a double bottom around 1.3670. this area is a possible area of support and take profit levels. imho...

Cable Update (GBPUSD)

GBPUSD after the DUST settled from Fed last night. I entered another sell on The GBPUSD. Possible targets below are 3675 & 3571... 3675 is my target from the additional sell position entered last night

Cable Update (GBPUSD)

USDCAD head and shoulder pattern has turned out brilliantly perfect. I have not had success with this pattern in the past. This may be the first time it plays out so exquisitely. i am not going to go for the 2:1 recommended from head to shoulder ...

Cable Update (GBPUSD)

Since the 1 July 2021 it has been.

Cable Update (GBPUSD)

yes its overdue for correction.. the oscillators are way overbought.... but its going to be a perfect buying opportunity. they go up like more than 80% of the time.

Cable Update (GBPUSD)

are they related in anyway CAD and copper? CAD is in someway related to oil. is that so?

Cable Update (GBPUSD)

I'm thinking it's about the interest rates. The fed needs to ensure the inflation is kept in control. So if inflation is high or expected to be. Dollar will rise. Even if they don't make any mention of inflation problems the market will bet there's ...

Cable Update (GBPUSD)

The $ INDEX is at resistance it could break higher or not. at the moment now its failing and the crosses are responding positively. I prefer GBPUSD to move higher than 3775 area before thinking of selling. at this point in time buying is not an ...

Cable Update (GBPUSD)

true mindset is key. can also be scared to take losses with the firms funds also resulting in failure and psychological traumas too just my observation

Cable Update (GBPUSD)

I`ve Hedged the SELL position already actually... because the week of 25 July was very strong and i therefore had no choice but was forced to BUY into that USD weakness... the target is 1.4194 Stop Loss 1.3594... I was fortunate enough to be able to ...

Cable Update (GBPUSD)

My stop loss is 1.45770 . If the USD becomes relatively weak going forward. I will at the right time Hedge the position appropriately on the D1 and W1. these time frames will provide clues in regard to USD relative strength/weakness.

Cable Update (GBPUSD)

yes she was consolidating eastward past 7 months. she is tired now she wants to GO DOWN now! just my observation. My target is 750pip 1.3077..

Cable Update (GBPUSD)

Was the month of June the start of a new down trend? I think so because at the start of 2018 the pair did almost the exact same thing. So my initial target is 750 pips lower from 1.3827... i`m looking to sell rallies going forward.

Cable Update (GBPUSD)

a GBPUSD weekly Head and Shoulder pattern formation.

Cable Update (GBPUSD)