its bullish. The dollar May retrace a bit but looking at the trend line the drop zone is getting smaller and smaller

Cable Update (GBPUSD)

The bull run is impressive considering Uk not trading today keeping out of longs until I see a path forward. If we see a drop back towards 13820 I will re enter there

Cable Update (GBPUSD)

But order in place at 13815

Cable Update (GBPUSD)

Agree couldn’t find a buy entry point earlier. Maybe should have ended at B/E and then gone north but still wasn’t clear

Cable Update (GBPUSD)

Still not enough to take it below 138

Cable Update (GBPUSD)

would like it to but can’t see it happening

Cable Update (GBPUSD)

It always has this kind of spread on bank holidays. Should see some normality during Asian session Sunday night (UK) time but could return to volatile spreads as UK is on bank holiday on Monday too.

Cable Update (GBPUSD)

I’d personally hold off from any longs until the market reaction when markets reopen after the weekend. Especially as the data from the US was better than expected

Cable Update (GBPUSD)

Can’t see it going down I’m tightening my s/L

Cable Update (GBPUSD)

being a good Friday with European and Uk markets closed it might drop a little bit only

Cable Update (GBPUSD)

It’s going to be a sloooow day today. That retrace might not happen till Monday / Tuesday

Cable Update (GBPUSD)

not sure if it will drop below 13775.. If I’m not mistaken nfp will help shoot the pair back up towards 139

Cable Update (GBPUSD)

Goodnight folks!! I have short still running S/l at 13850 but aiming for TP 13770 area

Cable Update (GBPUSD)

looks like we have similar TP area be a good place for a retrace to higher highs tomorrow

Cable Update (GBPUSD)

Small retrace time needed lol

Cable Update (GBPUSD)

i have set TP at 13795 with a swing reversal for a higher high

Cable Update (GBPUSD)

Took the money and now going downtown! 13814.3 tp below 138

Cable Update (GBPUSD)

Paint drys quicker than today’s rally although I do think if we go over 138 it might for a bigger than 1381 area

Cable Update (GBPUSD)

Today looks like another dead rubber.. if it goes up towards 138 it will could hit weekly highs. However if we see a drop below 13750 the 136 area is calling with open arms

Cable Update (GBPUSD)

A lot of resistance going up today will need to reassess the 13840 area target

Cable Update (GBPUSD)