Walk away for 2 hours am there is 50/60 pip drop!

Cable Update (GBPUSD)

25 mins to go.... get your s/l levels ready set mine to 13670 if it breaks 13660 it will go down towards 13612 area as PC mentioned

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break even

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doesn’t a majority sell indicate a bullish trend?

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Roll on bulls!

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there was talk of 139 however if 13750 can be hit then 138 should be doable all depends though

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Looks like 137 not happening today. Hopefully this isn’t the start of another drop.

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Dare I say 137-138 back in focus?

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totally agree. I think 12pm BoE is important to gauge which we go. If I was a betting man I would look long now with S/L at 13500 aiming for 137. Unfortunately for me liquidity is trapped in the current long I’m in

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this is the area you mentioned a few days ago for the retrace right? I think any lower than 13550 will open doors to 134

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BoE today at 12pm will either push up towards 13680 or help a drop towards 134

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So 136 broken... no sign of a retrace.. ouch!

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Interesting read about GBP British Pound Forecast: Proving Resilient, Bullish Breakouts in Progress: url

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it’s not just the rate decision it’s the commentary afterwards that I find more lethal

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mate once again you smashed it

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So a rise before a lead balloon drop?

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im still long from wait for it... 13755 !! went long at the high point on monday to start from an IG signal

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which would represent a bullish outlook if I’m not mistaken

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Let’s hope so. My long from Monday is still live. Your tp at 137 area would good enough to make a smaller loss than now.

Cable Update (GBPUSD)