This is my current set up although it’s not currently looking too good

Cable Update (GBPUSD)

Might take profit now and retry tomorrow looks like cable running out of fiz

Cable Update (GBPUSD)

Hit SL gone long TP at 3100

Cable Update (GBPUSD)

Took profit at 12890 now shorting from 12950 TP at 12900

Cable Update (GBPUSD)

I have removed my TP from yesterday’s trade. SL set to plus 50 pips but looking at potentially seeing cable drop below 12850

Cable Update (GBPUSD)

I’m sticking with my original plan following the signal from IG tp at 12920 but moved SL to take home at least 30 pips

Cable Update (GBPUSD)

Interesting signal although I don’t think we will see that level of drop

Cable Update (GBPUSD)

On the 1 minute the S1 area looks vulnerable.. personally I think it could be a bounce back area for longs

Cable Update (GBPUSD)

mate take no notice of them. No need to chip.

Cable Update (GBPUSD)

Seems like GU rejecting 1.3070 is it a bank holiday in the US?

Cable Update (GBPUSD)

Good point, I’m setting SL at b/e

Cable Update (GBPUSD)

totally agree, the north south divide is saving the GBP today. If the government announces a circuit break lockdown on a national basis the i wouldn’t be surprised to see a drop to 1.26 area. Likewise if there isn’t any positive news from the Brexit ...

Cable Update (GBPUSD)

you expecting a dip before the up?

Cable Update (GBPUSD)

Closed -70 pips today.. will watch out for any Brexit news and the weekend GU pairs for any indicators.

Cable Update (GBPUSD)

Looking at the 15mins it’s started to flatline a bit which means Sunday night could start a down trend depending on if any Brexit talks is not positive. A close below 1.3 might provide technicals for a drop.

Cable Update (GBPUSD)

I think it will play more of a factor is there are further lockdowns throughout the country. I think Brexit will play more into the Monday readings. I’m hoping for a retrace before close towards 1.3 but can’t see it happening

Cable Update (GBPUSD)

S2 rejection doesn’t look as if it’s happening. Will wait and till 6.30 Uk time and decide if I pull out.

Cable Update (GBPUSD)

1.3 has been kissed will it reject it or wi it higher gains?? I’m hoping for a rejection towards 12850 but you never know

Cable Update (GBPUSD)

Shorting now at 1297 targeting 12940

Cable Update (GBPUSD)

Possibly, I cant see GU going over 1.3 unless there is some concrete positive Brexit news. Also with a chance of further restrictions due to Covid there is a chance of GU dropping below 1.28

Cable Update (GBPUSD)