Cable Update (GBPUSD)

Quoting Pat Chiko

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{quote} Waveskie, I know you rarely grace us with a trading chart, but here's a little glimpse of what happened since October 26th with yours. No pressure, but... you might wanna fix that table soon, because the price is still doing its best impression of a bungee jump—minus the bounce! {image}

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Quoting Headland

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{quote} Aaah, but is it the market's plan!? ------------------------------------ .. 1hr (and 4hr) are about to close. The eagle-eyed will have spotted that the last 1hr too closed outside it's 20bol, (see chart below.) A fractal swing lo now @ 2982 current dly lo, on this t/f. 1hr below {image}

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Quoting BeeTogether

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{quote} So true and as you all know I’m no psychic however as long as todays low doesn’t break we could see a a slight move up before the continuation of a downward move. The data today would also increase the bets for a 0.5 cut from BoE {image}

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Quoting Nordling

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Here's a little rant: i would love to trade UK news events like i trade the US news events, but they don't post as detailed CPI tables as the US does, so the accessibility is low and untradeable for me. The volatility is great though. It's a shame that UK government just posts a wall of text.

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Quoting Waveskierrob

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{quote} For all die hard bulls, bias = pain... {image}

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Quoting FulMargnAlch

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A dangerous proposition to buy here but sometimes I like to live dangerously. {image}

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Quoting Moty

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Price came back above 1.30202 last support {image}

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Quoting Jade Gate

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{quote} Hello Nordling darling man nice to see you. Might I suggest the solution to your fundies "problem" is TA? EUR is bouncing off the 200 ema (red). Trampoline or gorilla. The EURGBP cross is bullish (but longer term, weekly, monthly it looks like a bear is approaching). I'm riding the US indices atm, more legs, bang for your buck, ROI etc {image}

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Quoting Jade Gate

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{quote} Hello Nordling darling man nice to see you. Might I suggest the solution to your fundies "problem" is TA? EUR is bouncing off the 200 ema (red). Trampoline or gorilla. The EURGBP cross is bullish (but longer term, weekly, monthly it looks like a bear is approaching). I'm riding the US indices atm, more legs, bang for your buck, ROI etc {image}

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