M5 showing signs of exhaustion now.. A pullback is long overdue, the political turmoil is not over and there will be some profit-taking today

Cable Update (GBPUSD)

Those slowly pushing bull candles are setting up one last spike image

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It's here: url Note that these are just the retail positions, shouldn't rely too much on it. The sentiment generally moves with the intraday oscillators.. It's useful when estimating where the retail "pain trades" will capitulate

Cable Update (GBPUSD)

Let me paint a picture: - Fundamentals are pressing the £ down on longer TF - Price is stagnating in a downwards slope - Longs have been piling up for days, no proper up moves to get rid of them What will happen if when price makes new lows below ...

Cable Update (GBPUSD)

3rd alternative: no reaction to approval, because it's just a formality, as everything is with the queen

Cable Update (GBPUSD)

Meow...

Cable Update (GBPUSD)

I view this a choppy market, better to trade against these extremes

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Additional tariffs were announced 5 minutes after friday close. I'm pretty sure there will be a significant gap.

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This is one of those fridays that close at the very end of daily range

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image

Cable Update (GBPUSD)

I wonder what caused that spike... Mario Draghi forgot the decimal point out of his long order?

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Wow, that chart... Mind if I frame it to my living room wall?

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Bearish AF, don't fight the steamroller

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Simple

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Looks like this will slide a long way. No bounce-back Nevermind lol

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H4: Price has completed 61.8% retracement, RSI is waiting for channel break

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On days like this, pessimism usually wins. It looks like its breaking, but I'm betting against. Should be a safe bet

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Thank you for the excellent analysis again, it matches with my own thoughts. If market behaves like expected today, this will be my last trade for a while.

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That's heresy!

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What's up on M30: image I'm assuming a break to the upside, as a retest on the highs is necessary. The kind of bull run we saw last week is not going to be just reversed 100% without even a single retest.

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