4hr descending equi-distance channel remains intact.
G/L
G/L
ex member
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
DislikedVery hard to look to long cable with the yearly lows hovering at around 1.54- just wonder how many stops below there? I think we will find out since longs are getting squeezed everywhere and the attack on gold is once again on.Ignored
DislikedI am going to agree with bbmac on this one. My stops have been tightened but not going to pick a bottom on the one. Looking a daily close to the upside and breaking of the 4 hour channel to start thinking long term buy.
ovaforty I would be interested to know what other pairs are you interested in at the moment. As you are not going to touch the GU for a while?Ignored
DislikedWould anticipate a run up before US come in. Would think 1.5470-75 area looks good to me.Ignored
Dislikedblue line provided support in the past. now near 5500.5490
bottom of hourly channel appears near 5430
price can also go further down below channel.
would not be first time it does...
lets see what happens
m1 bullish divergence for the 5560 pullback imoIgnored
Dislikedlooking for a retest of 5600 (eventually). Shorter term, under 5400 we may see 5350-5320 if the Daily Open holds at 5500.Ignored
Dislikedfirst target hit. nice little run to 5500 Daily Open and shorted off of it.Ignored