Cable Update (GBPUSD)

[quote=Nordling;13898822]UK inflation numbers came out, indicating that Pound will remain stronger than USD. Long term direction is north. However, today FOMC Minutes will be published. Last FOMC was more hawkish than anticipated, so FOMC Minutes report will probably be hawkish as well. Th

If cable acts anything like the last week then id stay well clear of being open at fomc time on cable. Unless you know where orders are being stored its just a crap shoot. Cable may be north long term but intraday it doesnt have any real direction within a 4H period

aware moty , if u see sign of reverse better out and take the reverse one

Bullish 5th phase

Waiting for the break up

The break is here

u know he ain't crazy, u know I'm just playing

It's not clear yet but seems as though GU is preparing to drop.

The market has been slow today. Nice setup!

Sell hard @1.35700

Bulls appear to be tired at 3570, but I'll rather wait with shorts until 3720+. This doesn't look valid just yet.

First target 1.35450 can be a bounce area. Ill put some awareness there

Green US data is useless these days. So I am expecting red data for onward spike to near 1.3600.

Tp stayes 1.35855

the last leg up trying hard to fly , at last take chance of breaking 3490 to restart new strong leg up as if it is very strong bull action but still not looks any bull any more , , even usdx correction enough and more to do before fly up . so more chances remain same as old H4 close next below 3509 , rather close 3615 to fly as new top again . take care
looking crazy pa if able breaks previous high or not !

Buy on my area and get bounce

Zone reached. Waiting for sell setup.

checking usdx , still to correct more ! let others try hard for a big fall ! anyway notso direct , likely go above 96 again before fall last time ! so possible others correct down enough to try next up > specialy gu for new top possible .now limit gbpusd limit down for up 3560 , failure to 3538 , lets see both can protect to up further so soon !