Cable Update (GBPUSD)

Well, I see resistance above
support below
and something resembling a breakout

But I don't trust this pair right now

damn, who farted?

trump..

GBP/AUD is about to reverse the entire intraday trend.

Not far wrong Dr got 50 up to now 2564 I had down as resistance . But it might be confirming the breakout at a lower number so watch lower tl bounce when it broke the 4 hour tl regards B

2420 I have a tl if it don't stop its bear after that

4 hour candle up to now 90 pips

nasty business this cable is....

160 pips
and closed on 2 short trades from last night and this morning ..

Short on EuroUsd from yesterday evening - nice to run in tandem sometimes.
35 pips now closed and done for the week ..

Now you tell us

took some intraday shorts

we're heading toward yet another weak weekly close

From the Monthly open price might be driving lower - two days next week to close end of the month.
If's buts and maybes of course .. 126 600 approx open price on the month for Feb - today we are what? 124 600 ..
just a thought ..

MM 1 hour doji tl is down 2425 ish so let's see the open tonight

My opinion: I except gbpusd to keep going lower look to sell below 1.2450.

Hello boys and girls!

So last week friday I entered at the retest of the F level...

And lets see how I played it out...
I need to start running my profits... I just dont want to have the "greedy" mentality.. but if the opportunity is there I should go for it.. hmm

I'm very interested to see how GBPUSD opens up, this evening.

Clearly, the bears had total control on Friday, but the price is still within an upward trend line for me - albeit, at the base. You could say optimum buying territory.

If the next move is upward, I see the first target at around 70 pips.

No action for now (well, I can't I suppose), but looking to see how the land lines on the opening bell.

The price may retrace to 1.2500 before trending down again.