according to 15 min,30 min,and also 1 hr chart..the trend is still down...but never see anything like a clue whether its going up or down either...
money is for living
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
DislikedMonthly, this pair likes to rebounds out of the 38.2% of the fibo.
Always nice support there.
I will show you my point here.
Take a look of theses charts bellow.
Ignored
Dislikeddo a weekly chart and do a 50 ema, 100 ema, and 200 ema...its at the support of the 100 ema....which is roughly 1.9489...now go back to the H4 chart and draw fibbo...its at the 38.2 fibbo which is 1.9508...two create spear heads of medium...
last night the reason GBP couldnt fall down any more because it hit pivot point support 1 which is 1.9469 and it fluctuates all day today hitting on the 50 EMA of the H4 chart....
it has reached a neutral stand point for now....Ignored
Dislikedi'm waiting for a sign right now....london market hasnt opened yet....but as you can see it did fluctuates between the points i told you today...so let's wait it out for a bit....im looking at it closelyIgnored