Cable Update (GBPUSD)

Naughty Naughty ,Turv were finished with that subject

wat a slow day.

just shows that everyones waiting for the first piece of news to jump in

I am still long on this waiting for next 4hr bar.There is a good chance shes gonna break.

bro u are the best at what u do and i know i am in no position to give u advice but i will any way

i think u really should wait for till governor king speaks tomorrow
because it might brake either way.

plus US news might be real good and rate cuts are expected to be low.

Hello everyone,

Here is what I'm looking here.

those are the best charts ever.

i agree with ur view
lets see if fundamentals back us.

To late buddy ive had many buys since S2 .If it fails this time im short.

good luck bro it might very well go in ur way and then we'd all be wishing we listened to u

hehe

i reached a thousand posts

hey Bones, trading @ the balance of the sofa!!!

I hope you are doing ok. I saw some good analysis lately. I been in and out, but always trading.

Good trades and take care.

Hey thanks Carrera ,
Its always good to see you and your charts here I wish you would come more often.
Today I am on my lovely desktop (which is very unusual) I’ve got multiple TFs & the lot open, lol.

GBP/USD: Bank Dividend Payment Driving into Fix New York, April 28. Cable has been trading with a bid tone on Monday with little in the way of event risk to influence price action. The market now eagerly awaits the Fed decision scheduled for this week, with the result expected to have a great deal of impact over the price of the greenback going forward. Many investors are now anticipating the end to the Fed"s monetary easing cycle with more and more flows tilting in favor of the USD. The inline UK GDP result followed by this morning"s BCC suggestion that a majority of UK firms have not been affected by the credit crisis, has provided Cable with an additional prop.
Also seen propping has been the stabilization in the equity markets over the past few weeks thereby allowing the GBP to benefit on a resurgence in risk appetite. Finally, a material correction in EUR/GBP has been seen as a key driver of price action with the cross currency demand for sterling on M&A related activity today and bank related selling providing an additional boost. Cable trades 1.9960 and is currently looking to challenge key short-term topside resistance by the 2 handle. A UK bank dividend payment is rumored to be behind the current push at the London fix

what is the reason for this move???

Nice little move missed there sadly.


Mondays hey!!

Ok closed most of my recent buys as 5 min pic.1.9950 was the projection for the flag and price has come a long way I may buy again a bit lower.

Well is mainly cause im buying Ameri

Never heard of "Bones Bank".

How do I open an account there?

maybe just maybe because cable is gaining momentum from the fall of eur/gbp.

Man if there was id be speaking to my shareholders after last month,lol

and youd need to be depositing!

Bones, your scaling in on the long side ???

If so looks ALOT high risk for my likings let alone the sort of $$$'s your risking.

Weak downtrend here expecting 1.9870 to be tested soon ( 12hour sma )

Well I'm short on this already up 20 pips trying build back my account slowly...

Every mickle mek ah muckle....

Waiting patiently again for something....