Cable Update (GBPUSD)

It’s just a principle of supply and demand

If the move is weak it’s very likely it will go back to the start point where you will find accumulation then distribution

finally
the signal is here

oh yes i just realised thats exactly what it is. Thank you.

The USD/JPY has turned around and is rising. Two long positions are currently being entered.

I shorted the pound for the dollar but there's no movement. It's been rising and is now sideways, so will it rise again?

waiting 3625 and 47 breaks up and hold, ok 3600 round number retest before final action! it was bad instance that after breaking 3632 it not jumped enough for next level up supposed 3376+ , so may subject to correct before the bull again , if correct may 3510 is normal minimum level to below 3469 , that amounts to top failure then . may not but still may top fail and correct some extent before next bull . that is suspicion remain intact till happen and close daily over 3671 or 3635 at least !!take care
earliest signal can be 3628 breaks and hold for 38/ 47 play at least,
and for eurusd 1625 and 30 signals bounce try

Not much nominally, but significant psychologically for me

I'm still thinking that the DXY will go up to close yesterdays gap open, just like it gapped down on the open of June 12th, the went up to close it on the 13th and immediately selling off for the rest of the day.

buying pullbacks on 3 musketeers

closed 40p

E. and BP. 5' --- Still short ...but tightened SLs as shown..............IF hit I will consider reversing to long..............

Though not tested 3600 yet still waiting for bounce may start soon! Risky still so dl below 1 st confirmation ! 3590.

Gold not dropping much further. Not sure if we’ve seen the weeks low yesterday. However as things seem a bit more stable at the moment maybe could see a move towards 3300 again during NYO.

Anyone know why volume has been so low during London session for the past 1.5 weeks?

Europeans are old, fatty and lazy

Increasingly so.

It just goes to show how poor Europe is

pff

yes

I think we're heading down until the gap on the DXY is closed.

EDIT: Or maybe I'm wrong. Lets face it, it wouldn't be the first time.