Cable Update (GBPUSD)

Are we still thinking short? Because we are right back at where things seems to have never happened

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And i think Cable will make it.

i have the same feeling but after the last US news

Still in a downtrend, although nice buying spurt there, stuck under 6hour sma, 12hour at 1.9460 above that it's long time.

Consider UJ long near 108.00 as possible, tight stop good risk to reward.

Cable sitting on the 3hour line, odds are down I think!!

yeah sal i have all what u need tell me and will send it to u

Abuawad survive up or down?
MOE?

Can anybody tell me where is this MF trying to go?

east

Cable's going south. Looks like woodworm nibbling away at the floor, and when it does, the ceiling's going to collapse.

mate if we knew that, lol....

Other than trend, there are technical reasons to suggest a recovery for cable from here for rest of session,....or least no re-visiting of current dly lows...(trend is unmistakingly down extending to the Dly chart in terms of classic price action peak/valley analysis) Those factors are support, bear trap possibility post data... and oscillator extremes/divergences extending to 1hr chart. That said the Dly range is only at 77pips hi-lo atm, so plenty of room to get nearer the 170ish average one way or another.

The exceptions to this observation are any confirmed irish result and the U.s data due later, but if technicals are a predicter of future price actuion, then that is the current situation.

BTW: This is not a trading recommendation, just an observation, make of it what you like.

That is certainly the 'with trend ' direction.

I should add, I am a scalper so have no biais either way, last trade for me was short at 9444, flat now

im in a shity as long at 1.9432

and i can't get out

i got a plane to catch later today.

I'm at the same point but in the different direction

so do me..so when will cable go to south?

oh throw that in my face, ,