GBP/USD trading

Retrace is imminent...cable can go up till 1.9740

GL & GT

 

Why not 1.9770 ??

 

More like 1.93 from 1.97
I am short and adding

eur/usd 1.3120 from 1.3370
this is serious week IMO

 

To be touched today

 

Congratulations nik1033. We got it !

 

Cable seems to go down today..
Signal to be approved a little bit later today...when it will cross 55 SMA

GL & GT

 

We might see 1.9805 today. BOE pretty hawkish yesterday.Think, there is still some upward momentum. Let´s see whether China will be named currency manipulator by the Treasury today. I don´t think so because U.S. heavily dependant on Chinese imports and markets. So, the name of the game will be : same procedure as last year, madam...

oops, got to run USD/JPY finally went through 122

 

Cable can easily fall down today til 1.9655-60..
Lets wait and see

GL & GT

 

Agree. Depends on retail sales numbers today ! Yesterday´s session did show some decent action in crosses GBP/CHF, GBP/YEN, GBP/AUD...By the way, far more interesting then majors...for years...

 

My system is giving signal that cable will go up today till 1.9750 at least...a little bit unexpected ...
Lets wait and see...
GL & GT