Is the 13780 area to bounce back still in play?

Cable Update (GBPUSD)

the trend line is bearish also this week mayoral elections also Scottish elections which could see more split from Uk talks

Cable Update (GBPUSD)

me too... looking to take back 50-100 pips before going with you all the way down

Cable Update (GBPUSD)

Nooo 1.36 is more likely! We might see 1.39 -13980 area but there was too much resistance above 13950. Also this week we mayoral elections in London I can’t see Tory winning that. Also SNP have a big lead in the Scottish elections. All those factors ...

Cable Update (GBPUSD)

bro we start next week again and look to recover

Cable Update (GBPUSD)

you know I was and then get suckered into a long term trade old dog new tricks lol

Cable Update (GBPUSD)

i always go for a buy lol! 1.4 will be the limit potentially sometime in May hopefully as you said it’s profit taking and Monday/Tuesday will be bounce up time

Cable Update (GBPUSD)

dude look at the trend line.. it’s going down quicker than most slappers i know

Cable Update (GBPUSD)

not happening there isn’t anything in terms of bull presence todY

Cable Update (GBPUSD)

I agree 139 is the target for next week for any recovery

Cable Update (GBPUSD)

Days like a this I wish I had just listened to my instincts and taken profit at 13945.

Cable Update (GBPUSD)

Nope this bull run is done and dusted. A move above 139 next week might invalidate that

Cable Update (GBPUSD)

Nothing on the 4h chart to help decide gears I win tails I lose lol

Cable Update (GBPUSD)

Are you shorting?

Cable Update (GBPUSD)

yup today is basically last chance saloon for 1.40 if not today then going forward we could see a drop towards 1.35-1.37

Cable Update (GBPUSD)

Levels to watch ... for bears it’s 13880 anything below should open gateway. For the bulls it’s seems to be 13940 and then 13970 the first to target opening area and the second to start a potential move to 1.4

Cable Update (GBPUSD)

Goodbye to 14000

Cable Update (GBPUSD)

Totally agree. If the buys can step in we could see the rise upwards past 13970 which has been the main resistance area this week

Cable Update (GBPUSD)

If we are to go over 1.4 it won’t be for long the drop to 1392 is around the corner ..

Cable Update (GBPUSD)