Eu also hit trendline resistance at 1.3333 if it breaks through this resistance then cable should follow, but it isnt looking promising

Cable Update (GBPUSD)

fair enough 4700 is providing good resistance too at the moment but i think it might break through

Cable Update (GBPUSD)

why are you looking for a short there? And why would you try and fight this powerful upward movement?

Cable Update (GBPUSD)

we are at a crucial point now as we are testing the bottom of a previous trendline at 4700 area

Cable Update (GBPUSD)

Im gonna go against everything and say were going to test upper trendline support at 51xx - 52xx, unlikely today but soon, just my opinion though

Cable Update (GBPUSD)

yeah this is exciting for longs

Cable Update (GBPUSD)

thanks

Cable Update (GBPUSD)

great id love to read it

Cable Update (GBPUSD)

ahh i clicked on your daily analysis table in your signature but i just checked the date and its for yesterday the 13th, against trend t2 and t3 were mixed up but doesnt matter anyway now thought it was todays analysis., sorry.

Cable Update (GBPUSD)

morning all, Abuawed check your against trend targets T2 and T3 are in wrong order today swap em around mate

Cable Update (GBPUSD)

sorry i wasnt at my comp the 1hr 62 ema is currently at 4768 on my chart but it would be slightly diff on other peoples charts as they use different data feeds, remember also that it is a moving average so it wont stay at that price. you need to add ...

Cable Update (GBPUSD)

cheers EO, catch you later

Cable Update (GBPUSD)

cool cheers, i'll prob be in bed by then but good luck with your positions, see ya

Cable Update (GBPUSD)

yeah i'll keep my eye on it, I dunno if I will short at the 1hr 62 though will see how it goes

Cable Update (GBPUSD)

yeah im very worried about the upper trend line at around 4630, if we clear that then we should go a lot higher

Cable Update (GBPUSD)

Well the way I see it is were not going anywhere until we've tested that downward trendline again which is currently at 5270 but might be a lot lower by the time we get there, if it holds then new lows are likely. if it breaks then onto 57xx or the ...

Cable Update (GBPUSD)

dont be surprised if it does exactly that!

Cable Update (GBPUSD)

Really sorry to hear that, but i think using 50% of you account for a SL is quite risky though, build your account back slowly but surely, i hope this trade goes well for you but be carefull

Cable Update (GBPUSD)

yeah 5 pips is better than nothing, its hard to tell about the price action at the moment as the volume is pretty thin this time of day, those spikes were weird earlier though

Cable Update (GBPUSD)

good good, hopefully the +500 pips are coming up shortly!!

Cable Update (GBPUSD)