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Cable Update (GBPUSD)

Quoting Dano12
{quote} EU USD Lots of confusion,don't trust anything from unnamed officials .... *INSTITUTION DOCUMENTS NOT ACCEPTED BY GREEKS: EU OFFICIAL ^KB
I don't trust them but exited EC and EG longs since I don't want to be swept away in this parody
Quoting alexpi
{quote} I don't trust them but exited EC and EG longs since I don't want to be swept away in this parody
Greek comedy continues
Quoting Dano12
{quote} EU USD Lots of confusion,don't trust anything from unnamed officials .... *INSTITUTION DOCUMENTS NOT ACCEPTED BY GREEKS: EU OFFICIAL ^KB
Oh Lol
just saw my profits swept away within an hour ... what happened here?!
abc correction
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Interesting days ahead...
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Positive US data... Come On Dollar!
Quoting ash1485
Positive US data... Come On Dollar!

Don't hope strong dollar.The same bullshit scenario.
GBP and USD flat since news so GU is just jerking around About time we start seeing some movement soon, in one of them at least

Edit: I use the cad pair of the two to compare when I see movement that doesn't make sense. See any significant differences?
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Quoting alexpi
GBP and USD flat since news so GU is just jerking around About time we start seeing some movement soon, in one of them at least Edit: I use the cad pair of the two to compare when I see movement that doesn't make sense. See any significant differences? {image} {image}
according to me gbp should have hold 1.5708 to maintain bullishness. However it broke and tested 1.5667. rebound is quite strong but does not make sense. I think it is much to do with option expiries. lets see what happens after 5 mins
Added more shorts
Quoting pipsdotpk
Added more shorts
Really? I'm still in from 1.59 with a couple, but if it stays above 1.575 was thinking about shutting them down and just cashing in.
Quoting Afterburner
{quote} Really? I'm still in from 1.59 with a couple, but if it stays above 1.575 was thinking about shutting them down and just cashing in.
1.57 is my fav play ground right now. Had some running, added some this morning, and added a couple more on this bounce.
Quoting pipsdotpk
{quote} 1.57 is my fav play ground right now. Had some running, added some this morning, and added a couple more on this bounce.
What is your short tp?
i will keep shorting this mother till it comes back to its senses
Quoting MarkoTrd
If this isn't a CLEAR signal for short gbpusd...after sl hunters 1.57072 Tg. 1.4800 Every time RESISTANCE (1.57072) broken, i will go short.
My mistake, sorry.

Without sl tg is useless.
Quoting giveachance
{quote} according to me gbp should have hold 1.5708 to maintain bullishness. However it broke and tested 1.5667. rebound is quite strong but does not make sense. I think it is much to do with option expiries. lets see what happens after 5 mins
Short move is running out of gas but there is still some space left for a drop into 565.

57365 is key for the next 15-30 minutes as it's where the 1H down tl is at right now. If price fails to break down and trigger the 5M h&s I'm done with my shorts here
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