this will be the hour of truth - either up or down LOL
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Cable Update - Continued 102 replies
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DislikedAll I see on the 1 hour at this time is the bulls are looking for support to take out the 42389 and head north. {image}Ignored
DislikedLonger term 4hour / daily / weekly this still looks like a bull market to me. Bones has put up some great charts over the last few weeks showing why. Target of 1.44 and 1.47 is not unreasonable. Looking across all the GBP pairs today they have found strength at key levels despite more 'very bad' news this morrning. Thats interesting. Looking on the smaller time frames then I can see why there is a bearish view. Im sure quite a few people will have tried a short at around 1.440 for obvious S/R reasons. So big time frame and little time frame seem...Ignored
Disliked{quote} why'd you laugh :3 this will be the hour of truth - either up or down LOLIgnored
DislikedIve closed that short term 4240 sell for 50 pips profit. Another short term long @ 4188. I suspect this will now range around for the rest of the day. I predict the daily bar will likely end up as a Doji reflecting the current indecisionIgnored
Disliked{quote} Carney: Brexit uncertainty could delay interest rate rise..BBCIgnored