Mondays high is proving to be a challenge for the bulls
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Cable Update - Continued 102 replies
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cable short for gbpusd? 6 replies
Disliked{quote} Current price at 1.3133 which is +11pips in profit. Watching with keen eyes towards 1.3101/070Ignored
DislikedGBPUSD is trading above the support level 1.31377 and forms a channel pattern, in a technical 4-hour chart. I expect the bullish momentum to continue for next trading hours, pair is on the verge of breaching first resistance level 1.31709 and if it breaches this level then it will face second resistance at 1.31806. Further mounting pressure will force the pair to climb till level of 1.32160 after breaching third resistance at 1.31996. A solid breakdown of pattern will force the pair to hit level of 1.33083 in coming hours. If it crosses the support...Ignored
Disliked{quote} That is not possible TG because nutgm says it is going to bomb down...whatever that means.Ignored