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sponge replied May 17, 2018We still have a fibo on the weekly and a double top on the daily giving sizable downside targets 1.3380/3050
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sponge replied May 17, 2018A nice bullish move over night, the bears are at it again currently testing 1.3544 Volume has improved lets see if it's enough
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sponge replied May 16, 2018Here's another reason to consider the upside, the fibo at the red line is taken from the monthly chart, downside for me would be below this red line, but nothing sticks in this business I'm always happy to jump ship and change my view
for the ...Cable Update (GBPUSD)
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sponge replied May 16, 20181.3490 testing atm, volume looks supportive above 1.3495 for a possible return to 1.3544 Looking for longer term signal for a return to 1.3980, maybe we have a turn but of course maybe not
I think it all hinges on 1.3544 atm.Cable Update (GBPUSD)
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sponge replied May 16, 20181.3483 support atm, possible bullish phase starting 1.3490 area, volume negitive though
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sponge replied May 14, 2018I noticed GU has a TIME cluster starting 3rd May but I'm not up to par on timing
still we've had a nice move from the 1.3544 area this morningCable Update (GBPUSD)
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sponge replied May 14, 2018Volume cluster suggests a possible big move to come, bearish phase atm 7am
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sponge replied May 13, 2018A bearish close on Friday but possible support at 1.3528, for me the key level is 1.3544 I think we could see a sizable move north if it trades above here however, sideways to down below this level imo. Voulume weak at Fri close.
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sponge replied May 12, 2018Looks like this thread timed out
Here's my prediction...GBPUSD next turn / stall date Fri 18th May 2017 or thereabouts
Anyone interested in market timing ? is it possible?Enthran Market Timing
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sponge replied May 11, 20183500 is the obvious magnet atm, I think the bears have a target around 3492/83 but if the bulls are still in we should go back to daily pivot via 3520 imo
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sponge replied May 11, 2018Yesterdays move currently testing 61.8 at 3520 (lower high) weak volume for now, lost it's bullish ooph atm

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sponge replied May 10, 2018With the print of a new low today this projection is now void as long as the new low is in place, the new projection is 23rd May
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sponge replied May 10, 2018Sometimes I get the idea that the pros are in the market so I try to jump on the bulls train but that's just me we all have different ideas. I confess I am a bit of a permabull atm but I have no loyalties
Here are some clear differences on ...Cable Update (GBPUSD)
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sponge replied May 10, 2018More US news at 1:30 just what we need Now the wife want's to go shopping
good luckCable Update (GBPUSD)
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sponge replied May 10, 2018Some volume starting to back it up, trading at pivot. Beware more downside spikes
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sponge replied May 10, 2018After the plunge
The market has gone into a bearish phase with negative volume, it could continue south or unwind back to pivot imo currently checking out 1.3500 supportCable Update (GBPUSD)