that would be the point of potential retrace to 139

Cable Update (GBPUSD)

Down trend resumes!

Cable Update (GBPUSD)

I’m with you on this however this time I didn’t end my buy from 13940.

Cable Update (GBPUSD)

Quite an exceptional rise today and that on a bank holiday. Was expecting a drop below. 138 today which seems to be support levels. Not sure where the bulls will runout of steam. Back to the 4h chart I think

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Is the 13780 area to bounce back still in play?

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

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

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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 ...

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bro we start next week again and look to recover

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

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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

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

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

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

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

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

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

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Are you shorting?

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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)