Cable Update (GBPUSD)

I wonder what's causing asia to have this kind of movement the past few days... It usually is very range bound/sideways

The penultimate M15 candle closed well below EMA 200. That is a massive hint that the bears are taking over. But will anybody be surprised if PA goes up right back to where it is coming from: 2600?

And for effect, the M15 candle has just closed above the same EMA 200. On the face of it, this has nullified the bearish inclinations of PA for now.

You was selling with the price above the MA. I hope you understand why i was saying for you not to do it.

I wonder if EURUSD can go bullish and GBPUSD can go bearish. Or the other way around.

GBP need to be very weak for something like this happen.

Cutloss

stop out -20. Yesterday the transaction was not good. Today will be good again

H1 has just closed; the southern bias is still very much alive

below 2580 only short today.

howevr if 2580 breaks, then upside to 2600 once again within range.

PO..Sell Limit 2550...2565

Is it time to go short i wonder or more to the upside

w1 : re-test

is 1.2525 support now, maybe...think I will look for longs again today...

I only see down. Maybe a retrace at london, but I think only small. all EU hit trailing stop. added 1 more. 4 GU short, 4 EG long. looking to add only GU short now towards 1.21. let's see if dollar bulls are super serious on this push. I think they are going to wait a second. US rates so low, almost no limit to the printing available. honestly could just play it by ear. i think trump wants to. if not i have no hopes for DXY. i think EU is a range pair now. GU 15min not turned yet, but Daily and up just look too mean for bulls. I mean, you guys really think that you can trade 1 for 2????????????????? Just weird ya know. Think end goal really is 1:1. But I will trade until 0 or only the spread is left . Good luck, I'm gone guys , much work to do.

Should we have to wait for London open to see the direction or it will move with TL attraction

Do you keep adding shorts over there mate?

1 wave more for bull.

We are here. 1hr 1.2527 level breaks then possible down. Otherwise, up.

Coincidentally, that price is also a trendline.....

yes better to wait

London - possible retrace
NY - the real movement.

Sidelined.