I think the market is short below 3360 key level, more news today

Cable Update (GBPUSD)

Intriguing, we now have a these fib's + 3390, a close below 1.3360 would confirm downside but of course we could still get a kick up the 3390's Easy innit

Cable Update (GBPUSD)

Looks like the bulls ain't out of it yet, 1.3390 still the key level Interesting move is it predicting some good news? I think a lot of pro's were in at 1.3390 so it had to come back to let them out without loss or keep ramping it up

Cable Update (GBPUSD)

Some longer frame fib's around 3370/80

Cable Update (GBPUSD)

Bearish close below 1.3390 driven by news, more news out today.

Cable Update (GBPUSD)

GBP news driven all week, still long over 1.3390 but longs off below I think, a close over 1.3420 (3426 atm) would be a result for the bulls with target 1.3480 to provide the oomph to 1.3900.

Cable Update (GBPUSD)

Seems to me the Euro and the British pound have found new legs against other currencies. Austrailian/New Zealand dollar taking a break, Cad and USD wandering around well that's how I see it, any thoughts?

Cable Update (GBPUSD)

Time projections saying 12th June for next turn a whole week of upside? well let's see .... 1.3450 next resistance 1.3485 for long term long signal, of course below 1.3390 cancels all bullishness but we have a possible June target still at ...

Cable Update (GBPUSD)

Banging on 1.3390 again strange price action, are the pro's in on it?

Cable Update (GBPUSD)

Resitance at 1.3391 will make or break the bull imo

Cable Update (GBPUSD)

Maybe we're not in shit street after all, June target could still be on.

Cable Update (GBPUSD)

They seem to like the news today

Cable Update (GBPUSD)

1.3390 rejected yesterday, support at 1.3310 today but I think very bearish below this level, 1.3350 could now be resistance but I would still be bullish if it moves over.

Cable Update (GBPUSD)

A nice move up this morning, currently testing 1.3390 I think it could be very bullish over this price, possible 5th on the 5 mins

Cable Update (GBPUSD)

3 up days played out I want a prize Seriously, from a monthly and quarterly point of view we are in shit street atm however if we can trade over 1.3390 then the longer uptrend continues and the possible June target is 1.39000 (res 36650). ...

Cable Update (GBPUSD)

Maybe best to wait for USD news tomorrow

Cable Update (GBPUSD)

Quick draw MacGraw love it Eyes on USD news this week early signs say weakness imo however GBP is weak across the board atm, as usual it's as clear as mud I'm out of time projections so looking at the last Daily low we have 3 days of rise to ...

Cable Update (GBPUSD)

Similar on EU atm

Cable Update (GBPUSD)

Looks like a bit of buying on GU, the daily pivot 1.3264 is a good indi today long above imo

Cable Update (GBPUSD)

Anyone believe in symmetry ? the second leg is usually messy the target is 1.2666ish

Cable Update (GBPUSD)