Cable Update (GBPUSD)

Quoting Headland

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...5 consecutive bearish body closes on 4hr now (gmt+3) and that number is the most common maximum number of consecutive same body colour candles on this t/f, across a very large multi-year sample. 4hr below {image}

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Quoting Elysion

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{quote} Common but not confirm 5 candles, can always be more. 18th Aug 2022 {image}

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Quoting Formonix

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sick and tired of this fall from last 2 years how can they allow such stupid erode of wealth from UK

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Quoting dantpm

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{quote} Look at the dollar index on the 5 min chart and it has what appears to be a triple top or at least a double top as well.

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Quoting Indiara

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I have a GU Sell now. Same as UJ, I want to protect as soon as I can {image}

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Quoting RCtrader

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The price might bounce back to the daily pivot.

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Quoting Mitiblotch

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Upon announcing of rates, I expect a dump to 1300 or sightly below it and then Powell powers up the rocket engine with his speech.

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Quoting Theoak

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{quote} Another 15 pips in the kitty!!!! Half loaded as I think this might go on a massive bear run!!!

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Quoting Theoak

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{quote} Made a few. pips on half loader.. Now waiting for short as there is no way going long on this!!!!

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Quoting Indiara

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{quote} I would like to see the news, but is not possible. I think that trading it would be tricky for my style, but perhaps scalpers will do well. I will have a look at breakfast time though, just to see all the mess!!

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