Cable Update (GBPUSD)

I'm still staying Long...

3113 short

3094 closed

early exit.. Why??

hehe...

I would keep short to 3075, will short again if crossed 3060!

3082 short

I have a short as well that I opened at 1.3089, my target is 1.3060.

short @ 1.3086

yeah... stick to the plan.. thats what matters...

It sounds like were all in agreement short seems to be the way. I note that the 200 SMA is looking to cross the 100 SMA on the hourly. The last time that happened we had a big drop (5th Aug) Just a coincidence that Carney made a speech at the same time .

I made a lot of pips today and stupidly gave them all back. The last insult was when I was stopped out at the last high of 1.3120, I was doing something else at the time so was too late to get straight back in. It cost me 40 pips. Why did I leave my stop at 1:3120 - It should have been 1.3123 to cover the spread (sometimes I am stupid.)

Tomorrow is another day....

Going to test 3055

still holding short

Good

Closed all short orders at 3075, will enter either under 3060 or above 3100

it's painful but would like to hold at least till 1.3060

closed @ 1.3083

Here's my analysis for this evening. In my view I see a head and shoulders pattern clearly broken yesterday and a descending triangle emerging. I am hoping for a break through the bottom of the triangle at 1.3057 followed by a further 80- pips drop to 1.2980.... Just my view, I'm probably wrong...chart enclosed (4H).

uk strength post brexit esp toward the end of this video

I see a double bottom and triple top on h1 very confusing