Cable Update (GBPUSD)

I closed all my short positions at 1.9790's area and I found out between 2:35 am - 2:48 am Eastern time this pair was significantly down to 1.9682.

I am a little hesitant to keep my short position beyond 3:00 am Eastern time because I don't believe on London open they might take this pair back to 1.9700'sss area......

You guys can play long after 4:00 am Eastern time as PMI news might be good...

But this is going to end for me at this time. Who ever is in USA good night all.
See you tomorrow......

well im out but i hope u get ur 9650

nice
london open pushed cable up

According to my rules.... GBP heading down this week, but going up initially after gap.... looks like a good place to go long for 80 to 100 pips or so....
lets see. Happy trading everybody

80-100 pips to the upside is a bit hard amidst strong dollar and a day full of news.

however news might be in UK's favor and give u those pips.

i was out a long time ago, there's nothing for me to trade at this point.

we broke major support here

no worry bro, i got the whole week

thats wats so great about forex

plus u actually have pmi now if it comes out strong u might get 50 pips easy

ahhh
the magical 9650 broken

common cable how about 9600

We know gap has to fill but when.......... 9606 seems like a good spot.

its not broken, if it holds...

don't be so quick to go long.

no more halifax number today???

next stop should be 9550.

This is waiting game, already took profit for the day, nothing says buy yet........

Good Day

Still cable didnt broke first daily support @1.9635 @ its fall around 80 pips from open price and gap was around 90 pips ... i think Manufacturing PMI may give us a good view ... but we have mention there is good us news today ISM Manufacturing

9600 should be a pretty strong psychological support for now

u know euro news is neutral
but dollar is gaining against commodities a lot
especially oil