Cable Update (GBPUSD)

E. and BP 5' --- Lifted SLs very close to PA......

quite the struggle but it seems to be breaking out
target 3519-ish

Yeah definite snooze fest, what's everyone's theories on why its so quiet at the moment? Is it holidays? trump numbness, paralysis?, London seems to be dominated by high frequency algo standard deviation return to mean, f you type trading

SL on longs ready to be hit . . . . Will reverse to short there , too.........................................

watching test and if breaks 3461 sr , for 3424/15 test if ok
Sitting with a short still , 3461 perfectly test breaks but sitting around !

yes

Come on gold make that battle zone a bull break above 3370 !

juicy daily and weekly candles

Sunnym do you mind sharing these indicators with me.Thanks

do you keep holding for 1.317?

theres a battle, but it can't be changed, even in three weeks

can't be changed

That depends on individual trading strategy.. I see a bounce back before 3170 which may still finds resistance and drop again to touch the level..

Risk management is key.

Checking pa , next likely continue correction down.
Best targets can be 3369 and 3315 and last tl test 3250 and resistance overall may 3520!! Best level sell next weeks then may 3520 for 3250 target !! And marken to 3369/15 for most day to week next even ! Usdx bear is so strong that simple correction yo others becoming a risky !Take care
While eurusd bouncing frol tl , may go further bounce before 1446 breaks need for bear at least , so playing opposite!!;
Usdx got support but still not bounce yet , may need bottom formation !

weekly=not clear

[quote=Wavegarrick;15276992] Kill zone Folks. Right now, with the 20th of this month looming we could very well have a push to the upside. I will become bearish with a weekly/ monthly close below 1.33750.
Have a great week.
Cheers