Cable Update (GBPUSD)

Poor news for GBP. closed

I long 1.264

but i dont know how price will face the huge R area between 1.2714-1.277

Eg at support

UK data was poor. No other day either so could be one way traffic today

Final add on the deep 20

Are you ready for 1.25000
Let's get ready to drop it

Most interesting day and situation..................No pos. in E. and BP. YET. But looking for one just before London opens.

$JY doing fine. SL and target as shown.....

Well, target hit. I'm in the zone!!!

Next target 2593. Now this doesn't mean to sell here. So long as price remains below 2757 sell all spikes. It's shaping up to be bloody good December.

NB: Today's daily pivot is 2710. But price didn't / hasn't touched it. Price doesn't touch daily pivot by this time on two occasions:
1. The day average daily range is poised to expand in the direction opposite of the pivot. Like in today's case a quick drop to 25xx area nonstop.
2. The day price is poised to spike fast in the direction of the pivot. In today's case that would mean a quick nonstop rise to 2710.

Which do you think will happen? I vote for option 1.

To tell the story short
I am long

Long 1.2620

Long 12629

GJ longs still on, poor uk data however, not seen a massive drop and it has seemed to have found support at 193 (so far) maybe a retest of 194 later

️️

Did some selling in E. and BP. , as shown.....

JY moving well....

hi.

I have long bias all the way i agree.
Long UJ

GBP USD
Going long with little stop-loss

GU