Cable Update (GBPUSD)

Really could do with some bad uk numbers, Like GDP

Britain’s economy will be officially declared in recession this week for the first time since the 2008 financial crisis, as the coronavirus outbreak plunges the country into the deepest slump on record.
Figures from the Office for National Statistics on Wednesday are expected to show that gross domestic product (GDP), the broadest measure of economic prosperity, fell in the three months to June by 21%.

I guess we are back to all the moves happening before the US market.

I think in fact Asia is gong to have its own bull run
if it was not already so late in the evening id say a new round of buying is just starting again

today was the low for the week in my opinion. slow build up for profit taking friday is what i forsee in my crystal bong lol

Weird gap down

yeah freaky

Yep actaul no full down indication yet
But as you say news can change that.
Or, the actual retrace

BS Im out of that sell

GM all. Today still on the same plan with yesterday

Watchout bro, possible to break up

Up and down looks like GU Sideways.
EG on daily nice pattern breakout.

Interesting EU and GU posibble double top and USDX double bottom. Maybe Im wrong too

All is you decision, but this is only my view. I dont want you to lose you money

there will be spike in frankfurt/london sessions, beware..

One can take direction accordingly.

GBPUSD H1: No Shorts, Only buy If Price break and retest 1.31 with momentum. Yesterdays upside move shows there are lots of buyer
are interested in take price higher but lets see how price behave on 1.31. Peace

Long in at 1.3087

Possible bearish dragon and bamm setup in progress ... #imho