Market is very choppy. maybe it will go down from 168 later ? cause I can see bullish for now

Cable Update (GBPUSD)

after 15 mins if GU never break 16668. it will be potentially Bearish.

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simply stuck in the middle , I can't go in either. this is the risky moment where there is no clear direction.

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hopefully another 30 mins I can give you a definite answer

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Make it simple — if GU breaks 1.6668 (Bullish Signal) if GU breaks 1.6625 (Bearish Signal) well , these are my assumptions

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I don't have any confirmation yet. but from what I see was a weak Bearish signal. it could lead to Bullish though. so I'm waiting for certainty. now it turns to be Bullish weak signal by the time I'm writing this forum.

Cable Update (GBPUSD)

if my calculation is correct , it will be bearish during london session (Bank Holiday) although I still require some confirmation after another hour

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Royal Wedding Day for british tomorrow ????

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SHORT — SHORT- I'm riding bear right now TP @ 16400

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about the British Royal Wedding , is there any effect on that ? cause from what I read The tourist is flourish in UK to watch the street festives. my understanding is will GU be strengthen because of the tourist there? which will be tomorrow , ...

Cable Update (GBPUSD)

Consolidation stage for now. Pause for a while and let's see what's going to happen for the next 30 min

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and it goes back to 0.0 that means it's just a pullback

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Based on fibo That I draw for US$ index . and it's starting to go up (currently 38.2%). and like you said it might be just a pullback. that's why I ask , is it reversal ?

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Reversal now ? — is it begining of the reversal ?

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You're welcome and I'm still learning too

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USD index remain very bearish and I can't see sign for US$ index to go up since the Fed maintian low interest rate. logically I am optimistic for TP @168XX

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I can see it is an uptrend channel. but it will retrace for the moment before it reaches 67.

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I think I can see Mr Bear is coming before uncle Ben Pers Conference. I hope this time will not be the fake bear again.

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Well , the US$ index is still bullish for now. maybe I shall just wait and see mode for a while

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Bullish ??? — Can anyone see the bull is coming slowly ?

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