Cable Update (GBPUSD)

Quoting Not-KPMG

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<p>{quote} What are these??? I recognize few names of small and crooked brokers... Is that Oanda with short name???? And no date????? Yeaaaa i believe you. The one i look often was 62% , and more TODAY, longs. Sell . I'll boot my office computer maybe and check another .... So unless you have believable info , not last year shots ,relax

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Quoting knkie

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LL-HH formation on M5. this signals ranging formation. the range is 3044-3088 until price breaks out im sidelined

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Quoting Ra.

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{quote} Yup, looking at the charts this morning, a lot of indecision and strong sentiments on BUY/SELL across the board. I reduced my exposure over the weekend. Seeing the break and accumulation around that TL on GU and Friday's Close, it's still got some more trickery up its sleeve early week. Overall, a short term scenario i'm playing out in my mind is retest low of previous week, i'll look to enter a long.. followed by another bullish attempt, with possible break through. But...standard caveat of 'who the fuck knows' lol. From a fundamental standpoint...

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Quoting Han2019

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{quote} Was thinking that fundamentally, with the new bill passing HoC, government has essentially been given free rein on the brexit negotiation, given how BoJo ran his election campaign and promised no more delays and the limited time they have to negotiate a trade deal, I think it is either going to be a hardish brexit or a very rushed deal, the uncertainty has lessened and the situation is now not as bad as a no deal scenario, but I cannot see the current situation being good for GU, so I am thinking it should go back to the 1.2x levels in the...

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Quoting Not-KPMG

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<p>{quote} What are these??? I recognize few names of small and crooked brokers... Is that Oanda with short name???? And no date????? Yeaaaa i believe you. The one i look often was 62% , and more TODAY, longs. Sell . I'll boot my office computer maybe and check another .... So unless you have believable info , not last year shots ,relax

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Quoting Not-KPMG

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<p>{quote} What are these??? I recognize few names of small and crooked brokers... Is that Oanda with short name???? And no date????? Yeaaaa i believe you. The one i look often was 62% , and more TODAY, longs. Sell . I'll boot my office computer maybe and check another .... So unless you have believable info , not last year shots ,relax

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Quoting Ra.

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{quote} From Oanda website if you wanted some numbers.. Dunno what was being discussed. {image}

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Quoting KeenPips

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If you are tracking the GBPUSD this week, consider this technical perspective.On the daily time frame, price action has rejected the 61.8 Fib retracement of the downward swing from the high of December 13, 2019 to the low of December 23, 2019. A step-wise rejection of the 50 and 38.2 Fib areas has also taken place. Presently, the market is operating at the 23.6 Fib area where a relatively miniature bearish candlestick was printed last Friday. This is an indication that bears are not totally in control of market operation. We may have a sideways,...

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Quoting Moty

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{quote} Maybe like this {image}

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Quoting Tekin

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{quote} Just patience my yesterdays sell stops are at 1.31 anymore and waiting for my todays targets 1.2995 and 1.2960

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