Will take loss at 14170 should it go there but looks a good area for bounce up to test highs

Cable Update (GBPUSD)

Having issues with IG too.. seems to keep showing that cable is not trading

Cable Update (GBPUSD)

problem is so could the GBP... it does look as if GU is well over bought however like the bear movement we had in march, it didnt happen over night.

Cable Update (GBPUSD)

ah ok! Thought you had unlocked some cool indicators lol

Cable Update (GBPUSD)

the red and green ones. That show the potential range you mentioned...

Cable Update (GBPUSD)

How do you get those bars on trading view?

Cable Update (GBPUSD)

It’s should be the rejection area however as 410 didn’t reject a good chance 420 won’t either.

Cable Update (GBPUSD)

Signal from IG saying a Potential short from 4190 to 4100.

Cable Update (GBPUSD)

Potential bulls till 142 area. Can’t see bears coming out at all.

Cable Update (GBPUSD)

thing is cable should have shown bearish traits today with the not so favourable news from UK about lifting lockdown restrictions. However the bears are on holiday it seems

Cable Update (GBPUSD)

The bulls can’t seem to break highs and bears are just as useless. Can’t see anything giving way today

Cable Update (GBPUSD)

The reopening today should have helped the GU spike upwards. Not sure if the news of potentially delay in June’s complete reopening has anything to do with the slow trade

Cable Update (GBPUSD)

I’m looking at 14000-14020 for possible long trades

Cable Update (GBPUSD)

Also to add just because UK is opening up the June date for all and dandy is not definite in fact BoJo mentioned on Friday evening that this date could be delayed and also regional lockdowns reintroduced

Cable Update (GBPUSD)

Still looks a rising wedge to me.

Cable Update (GBPUSD)

the COT showing both USD and GBP as long.. let’s see who has the strength

Cable Update (GBPUSD)

really? It’s looking like a similar situation to what we had last Friday with the bullish trend.

Cable Update (GBPUSD)

That should have an impact on GU

Cable Update (GBPUSD)

Have a good weekend all see you back on Sunday evening Monday morning

Cable Update (GBPUSD)