Right now I can’t see the bounce up m. The fall is at a good pace which removes the elasticity we see from sudden drops. If I was shorting I’d look at 13810-30 for tp

Cable Update (GBPUSD)

It’s hanging around a 20 pip support area right move not sure if LO will take it to at least pivot area or a drop below 13850. My long is still on 13895 have a feeling though that 13920 might be the highest we see today though

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

Not the ideal end to the day however my long is still live , have TP set to 13920 as this looks to be the peak area. It will be interesting to see if tomorrow we have better sense of trend

Cable Update (GBPUSD)

One final but at 13897 let’s see if we can get to 13940 at all. Too many rejections of pivot for shorting. and as I went back to my screen boom it goes down

Cable Update (GBPUSD)

And boom a bounce back again

Cable Update (GBPUSD)

that can open the trapdoor to mr Lieu

Cable Update (GBPUSD)

A break below pivot will be bears picnic…I’m shorting range to pivot and then bounce back up

Cable Update (GBPUSD)

Range time! And boys it’s at the wrong time! Come on NYO let’s party

Cable Update (GBPUSD)

Stop at b/e + 10. So many pips today back into short at 13902 still believe pivot will breach. Unless we clear 13930 again my long bias is not valid

Cable Update (GBPUSD)

If pivot breaks it’s trapdoor open to 13840 area

Cable Update (GBPUSD)

If we see another rejection of 139 then the chance of further downside could be limited. Original bias of 13940-60 will remain Looking for pivot SL at b/e

Cable Update (GBPUSD)

SL at b/e hit now gone short till 139 or daily pivot

Cable Update (GBPUSD)

SL hit back in long still thinking 13940 is doable

Cable Update (GBPUSD)

TP here switched to long for a bit as I said seesaw Monday its going to be one of those days where it’s all 10-20 pips here and there we might see 13930-40 again

Cable Update (GBPUSD)

it could be both, Monday’s have a habit of being messy

Cable Update (GBPUSD)

A drop below 13880 will confirm bearish bias for me although maybe not in the next 45 mins. Until then we could be in a seesaw range period

Cable Update (GBPUSD)

keeping an eye out here. If my short works out I will move b/e soon as it drops below 13910

Cable Update (GBPUSD)