This pair still threatens the daily DT at 1.3040, for me 1.350 may change the view but shorts below imo Friday sees more gbp news so a wander down to this news event is possible and then we finally get the turn? I'll be on the lookout for some ...

Cable Update (GBPUSD)

1.3040 after some farting about Time projection 24th failed so 26th which is a UK holiday 27-29th for the turn which may very well be 1.3040 area. A close above 3350 today would change the view we shall see.

Cable Update (GBPUSD)

Yes news out 9:30 it's been a week of news gbp get's a bit of a breather next week I think , looking for support at 3350 bullish over 3367 after news I think we could be forming a bottom but of course famous last words

Cable Update (GBPUSD)

Congrats

Cable Update (GBPUSD)

1.3411 still a good long trigger imo, we have supporting volume for now but could take a while to convince the bears, still negitive below 1.3390

Cable Update (GBPUSD)

Tentative buy sigs on gbpnzd,gbpchf

Cable Update (GBPUSD)

1.3390 s&r line for me today

Cable Update (GBPUSD)

Plenty news out all week for GBP, currently bearish below 1.3411 cycle imo but this could signal a good long if news permits. Daily double top targ looming 1.3040ish Time projection 24th/26th +-3 so any time now

Cable Update (GBPUSD)

GBP news out today

Cable Update (GBPUSD)

Not a low risk period but a low risk price so only trade short if it stays below if it moves above you can usually close for a min loss ie low risk I use some cycle lines in my trading 1.3411 pops up as one so I take a simple view that it's long ...

Cable Update (GBPUSD)

short opportunity below 3411 low risk atm

Cable Update (GBPUSD)

Volume negitive atm, shorts should be wary above 1.3411 imo

Cable Update (GBPUSD)

We're not a kick off the weekly fib level

Cable Update (GBPUSD)

New daily low knocks projection on the head again working from the last daily high suggests 24th May for a turn, hocus pocus

Cable Update (GBPUSD)

USD strength

Cable Update (GBPUSD)

GBP Tuesday inflation report Wednesday CPI. looks like a bit of a holiday for CAC/DAX on Monday so maybe 23rd is a good pointer who knows

Cable Update (GBPUSD)

Well Monday's news doesn't look all that exciting, more sideways to down. Time projection still saying 23rd May unless we get a new daily low or Harry files for a divorce

Cable Update (GBPUSD)

I think we could still see some support around 1.3490 bears will be eying the weekly fib 1.3390ish

Cable Update (GBPUSD)

I'm short GN atm

Cable Update (GBPUSD)

We've had some significant changes in volume but still no real direction, price action seems to suggest 50/50 bear / bull atm 1.3500 still the magnet 1.3460 could start the slide, clear as mud

Cable Update (GBPUSD)