Cable Update (GBPUSD)

Quoting HaLBot

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{quote} I know I've said 'Praying' here too but I think this should be a secular Thread and keep praying to yourself. Also praying implies that you haven't done proper Technical/Fundamental Analysis.... And don't misunderstand me, I'm not having a go at you....I'm talking about the whole thread...

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Quoting ruma29

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{quote} You can complain to forex factory, submit your complains ...no problem

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Quoting Fader123

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Missed the CAD oil thing yesterday- inexcusable But bought the CADJPY for the Asian session Bit of EURGBP demand at the moment- wonder what tomorrow is going to bring Next week should be brilliant- this week has been a bit quiet Good luck

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Quoting HaLBot

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{quote} End of month money flows outa UK into Euro....

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Quoting Fader123

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{quote} Hi Halbot, yep hope so

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Quoting HaLBot

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{quote} From the start of the thread there were no rules laid down but obviously at some point some great traders got on here and made it what it was... To get this thread pumping again maybe there needs to be some rules we can all agree on and everyday say at the begining of UK session they get posted. It would bring back the professionalism desperately needed and newer traders will get a better education. I'm sure it would bring back the good traders.... Gotta say too I respect anyone who wants to trade Gbp/Usd, shows some character......

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Quoting Don96

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GBPJPY at 129.642 producing 143 number... its 1400 from here... it also matches my 1.37 target for GU..., this all goes without either of them going lower than the current low... UJ looks to me like it wants to bounce... if that is the case and cable rises then GJ rises more... I did have 129.64 on GJ... if i wasnt so indulged in GU i would have taken GJ, Swing on GU isnt as clear but GJ is a 'super' mover, it tends to over and undershoot (not always) levels to watch for shorts/resistance before 143 are on chart... EG has a head and shoulders...

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Quoting HaLBot

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Gbp/Usd does not look good for Bulls unless something causes it to rise... {image}

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Quoting Wdfx

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Been out and about all day doing stuff, I see cable has yet again hardly moved.... I though this pair was supposed to move 120 to 150 pips a day. . Still long ??? going out again for a couple of hours, if no real movement by then I'll close and think again

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Quoting Wdfx

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{quote} Stopped out

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Quoting Derivative92

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Any opinions on what caused the vertical spike on Eur/gbp?

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Quoting Derivative92

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Any opinions on what caused the vertical spike on Eur/gbp?

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Quoting Derivative92

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Thanks, both. Never considered the importance of end of the month. I've faded it from the 76.1% fib. Still looking for more downside on eur/gbp

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