Cable Update (GBPUSD)

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Tsunami always happen from 1.5160 look old charts and it may long last until 1.5400

ok we got there 1st resistance watch for any sell,

it is ptsunami, I don't even think of sell.

on the nose wait or breakout to next should be 5400 and more

Im watching the 5360 area , my R2 is around there and the daily 200 sma is around there abouts if you watch that kind of thing

1.5170 done and upside 1.5350 almost done ..may be bit more .will update later

Main reason today there is no important news from USD or GBP, after tokyo close GBP's 30-y Bond Auction will release then GU will go to final target ....

On the daily chart if you take the 272 and 618 fib extensions of NFP day, Friday we have reached the 618 to the top side so some weakness may show up, would be careful tho we are above the weekly pivot which is basically where this move started from. Im waiting for 5360 level if and when it gets there . GL all cheers.

In at 5379 small position, just looking for 5360 again

Complete correction of last week down will end at 1.5436, that was the last week's open

If continue up we can expect 1.55555 this week, this fancy number is many traders favorite exit area

6180 ??? question ? do we have a trend,2nd resistance we can see pass the tl attraction

well tht worked out, geppys been on a tear so not real sure if we have seen the top for today, will let things settle out, would be a buyer again around 5315 5320 or so if it got there

you can see it went into profit take area, now looking to buy around 5350/20

big move up now gbj

gbp usd they went on analogies data tomorrow and on Wednesday some will be worse after PMI so

Having breached the descending trend-channel, the GBPUSD can well target 1.5450-60 horizontal mark; however, a close near 1.5320 could re-call 1.5150 area.

200 hr MA is 5326.