Good morning everybody..wish you all and myself a great week...i'm long from 1.2370 targeting 1.2409.

Cable Update (GBPUSD)

For UPTREND to keep intact ( This is more probable in my view), Weekly candle should close near 1.2530 at least! let's see.

Cable Update (GBPUSD)

clear Bullish close of 4H candle of 1AM GMT! sneaky upward??!!

Cable Update (GBPUSD)

It is moving slowly towards daily pivot...but what is next!!? if it moves to 1.2360 and below, then the uptrend is over..a scenario that i see it less probable.

Cable Update (GBPUSD)

This how i see the play: - RATE CUT is anticipated and almost priced in..if true, reaction wont be that big down. - if rate kept unchanged a reaction UP could be VERY BIG!. - Market Makers already pulled the price down enough for a good buy! lets ...

Cable Update (GBPUSD)

I'm long from 1.2503...targeting 1.2535.

Cable Update (GBPUSD)

Shorting HERE and NOW is not a good option in my view..MARKET MAKERS wont be happy for such popular shorting!

Cable Update (GBPUSD)

My view for now: - Trend is UPWARDS as dictated by 4H and D1 TF - Before the expected resume of uptrend i think the price would exceed yesterday low - Better to stay sidelines till close of 9 GMT 4H candle

Cable Update (GBPUSD)

The shape of 1H candle of 14 GMT , its location in relation to daily support S1...its timing in relation to end of London session,,, all of this is an indication for me to end of the down move today.

Cable Update (GBPUSD)

1.25 45-50 is a good base for new longs for me.

Cable Update (GBPUSD)

I'm still long to 1.27.

Cable Update (GBPUSD)

I think the pound wont leave this zone yet..took new longs from 1.2645 still targeting 1.2709.

Cable Update (GBPUSD)

The new 4H candle is about to start..after about 10 min.... i think price would retrace with the new candle..good chance to get more longs.

Cable Update (GBPUSD)

I expect a possible push upwards over the next 2 hours..i guess The drop down would be in NY session.

Cable Update (GBPUSD)

I'm long from 1.2654..targeting 1.2708.

Cable Update (GBPUSD)

My view for now: there still more room for the UP move..SHORTS seem good in 1.26.70 -1.27 zone.

Cable Update (GBPUSD)

1.2609 is very soon i guess,, best clue is close of 4H after 30 min above 1.2564.

Cable Update (GBPUSD)

After close of 4H at 9 AM GMT..direction for me is clearly UP..initial target would be weekly pivot at 1.2609.

Cable Update (GBPUSD)

I assume that 80% of success in trading is: Patience + Reasonable money management + Reasonable Entry. Time will tell!

Cable Update (GBPUSD)

I'm long from 1.2576..targeting 1.2670.

Cable Update (GBPUSD)