I have a feeling today will be just technicals day. Unless something major comes out regarding Brexit. But as the Uk the EU have said talks broken down I’d give it a day or two.

Cable Update (GBPUSD)

No deal so far looking less likely too

Cable Update (GBPUSD)

I can’t see it.. I would like it to but just can’t. Even the weekend cable pair is hovering around 1.29-1.292

Cable Update (GBPUSD)

Agreed. if it was all over the pound would have tanked by a good few hundred pips. There is still slight hope, I think the market is ready for a bigger fall.. however any slight optimism will take it the pair over 1.3 next week will be interesting. ...

Cable Update (GBPUSD)

I think you could be right but will depend on any Brexit news

Cable Update (GBPUSD)

Although I’d like to see that happen I can’t see the GBP getting over 12960 with the current Brexit no deal threat.

Cable Update (GBPUSD)

Another rejection of 12940.

Cable Update (GBPUSD)

If this pans out it will suit me fine.

Cable Update (GBPUSD)

it seems that way, but then again that’s what he and his Merry men have been wanting all along. there seems to be many rejections below 12900 however a sustained drop below 12860 will open the trap door. What’s helping right now is that Barnier said ...

Cable Update (GBPUSD)

You just can’t make shit this up right... the market seems more responsive to all but BoJo

Cable Update (GBPUSD)

Good luck mate.. my long from 2 days ago still active was looking promising to get to b/e before the BoJo muzzle was removed

Cable Update (GBPUSD)

I’m surprised that announcement didn’t tank the cable more.. and then it retraced a bit too.

Cable Update (GBPUSD)

thats twice its rejected.. will be interesting to see how this one pans out

Cable Update (GBPUSD)

agreed, looking at todays movement i think going over 1.297 and staying there could see another move forward. currently its retreated from the daily pivot so another move forward needs a bit of a push

Cable Update (GBPUSD)

its interesting last few days. this morning we dropped below 1.2890 for a but then a tweet sends a spike up. a bit like a comment yesterday sent things tumbling. This pair wont let technicals do their job as comments and tweets are sending ...

Cable Update (GBPUSD)

Not looking good for long positions

Cable Update (GBPUSD)

Seems to be stuck in a tight range here. As soon as I see a green spike it’s slapped right back. Rejected the drop below 12890 a couple of times not sure if it’s sufficient to indicate a long.

Cable Update (GBPUSD)

well that trade didnt work.. not trading until i see a clearer signal.. its too low to enter a short and not enough for a long entry either. Although I cant see EU/UK walking away from Brexit talks i dont think there will be enough to turn it around ...

Cable Update (GBPUSD)

it seems the movement today is more London lockdown related.. although walking away from a deal could send GU further downwards

Cable Update (GBPUSD)

seems so.. if GU does go back upto 13020 (B/E) I will just pull out.. although cant see it happening right now

Cable Update (GBPUSD)