Cable Update (GBPUSD)

clear the gap baby!!!

Now that it is finally moving it is going south as fast as after a major dollar positive or pound negative news release.

was good support at 37 - 41, all that is left is to clear that gap!!

Do you expect that?

i'm out for now guys, my bubble indicator is getting to big, i'm gonna wait it out for a better price, got out at 40 for 70 pips on remainder, wonderful day.

looks like i left the party rather soon, either way i'm not going to complain. good trading fellas.

looks it needed no refueling..and headed down all the d way now touched at 0%...

going to buy small position here seee what happens 9629

Well, I'm very happy with my 30 pips.. Was needing that...

Thanks guys for your calls !!!

very good for me 110 pips

time for a little retracement.

I will short it again at 1.9682 ( 50% retracement )

next target at -23.6% at 9600/03...

Good volume to scalp the 5min/1min, for those who appreciate that

Guys and Gals, I closed 2 lots out for a 90 pip profit each and have 2 still running with nice profit locked in. I think I can sleep well for a couple of hours before NY comes on board. Good trading everyone !!

be careful, looks like still some room left to travel south

Got out at 1.9622 but had to move my TP twice prior to that when I saw the unexpected forceful move down. Nice ride!

Thanks for all the ideas.

(Monarch, hope you're well on your way to your 500 pips so we can hear your voice again here)

i will short a couple more @65 if it gets up there, will be the 38.2 retrace of the daily range, this seems too strong for me to wait for the 50 retrace, besides only 15 pips given up to get on board earlier.

com'on baby to 1.9682. Le'me sell you.

cool manage to cover up part of my loses yesterday.

With cable dropping precipitously and dollaryen rising, although not as strongly, what I have difficulty understanding is why poundyen is not dropping.

Does anyone have any ideas?