[quote=BeeTogether;15028798] seems very rangy indeed. 13050 seems to be the magnet for both bulls and bears with nothing to indicate a real break out. With the UK data being green maybe during LO we might see a move up towards the highs of yesterday ...

Cable Update (GBPUSD)

This might be the last opportunity for Buyers to go long within the bracket 1.3050. This current price. Alternatively, buy at breakout of high. 5 lots more added to existing 20 lots. Total 25 lots. Risk Management is key. Have a nice pipping day all. ...

Cable Update (GBPUSD)

Price is going to breakout from the existing bracket to give a set up of the week. Buyers or Sellers who secure a position within this bracket will be wholesomely rewarded if it moves in their favor... Hoping to see the breakout as soon as possible.

Cable Update (GBPUSD)

It's a double edged sword and Trade Management is key here. We may as well witness a little slow down in the activities of the buyers, Thereafter, the current daily high @ 1.3070 be re-visited and finally a pullback again to around.,... to continue ...

Cable Update (GBPUSD)

Yeah Georginson, it did. You came up to talk about monthly range which actually played out to corroborate my settings. There i was contemplating on end to daily EWN 3 or 5. But eventually both means either temporary or permanent reversal. Welcome ...

Cable Update (GBPUSD)

Wise decision there.... You need to be properly armed with enough man power and latest technology/technical know-how to win this kind of battle. Both sides are highly formidable

Cable Update (GBPUSD)

Stop and TP ?

Cable Update (GBPUSD)

Oooh! okay noted Let's watch and see what the market has in stock for allofus.

Cable Update (GBPUSD)

Give evidence to validate the fall to 1.2820 is compulsory ? I need to learn from your perspective. What are you viewing, weekly/monthly chart.... Pivot... SMA ... ? Thanks.

Cable Update (GBPUSD)

Yes, your analysis is fine. My assumption for going long is anchored on the prediction that Daily Support has been formed. The hedge is to jump in before it is shown on 4 hourly chart. No real sign or evidence of long can be found in lower chart..... ...

Cable Update (GBPUSD)

1.3040 was not broken downward. New entry for long 20 lots @ 1.3060 Stop 1.3000 Takeprofit open. Trade control at 1.3100 and 1.3225. Exited existing short trade at 1.3045. Entry from 1.34 Proper risk management will be applied. Good luck.

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

Friends and Buddies, Viewing my GU chart from Daily to an hour timeframe, It is evident that the key turning point may likely occur at re-visit of 1.3040. If price can pullback to touch 1.3040 and break the level to the e downside, it is sure that ...

Cable Update (GBPUSD)

Yeah! Watching passionately.

Cable Update (GBPUSD)

I concur with your submission Miti.... It's even so obvious that price is aligned on daily Support but technicals were still looking for further evidence. We are at a critical point worthy of patience...

Cable Update (GBPUSD)

It's not looking like dropping at all. All strength is towards 1.3100.... The support at 1.3040 may be the key winner gathering momentum for the up shift. It's a dead end.

Cable Update (GBPUSD)

[quote=Coreg2004;15026166]Happy Friday to all. Tough resistance zone between 1.3080-.xx88. The first level of support to be watched is at 1.3044, then 1.3035-.xx29 image [/quote I have been expecting these update. Thanks you.

Coreg's EW+HP+D/W Range

It's still going to be messy today because the core Support looking at the left is at 1.3042. But price has not touched the daily BB which is a common requirement at Support. I see price penetrating 1.30 with force and will be rejected immediately ...

Cable Update (GBPUSD)

At this current price 1.3065, the structure is still telling me Short. Target 1.30. Probability Iran nuclear attack will assist in accelerating the movement. Hoping to be right with my prediction but anything can happen. Good day Miti and all.

Cable Update (GBPUSD)