Cable: Intraday players buying aggressively on 1.54300

GBPUSD H4 Cable now looks to have carved out a solid base on the 50 Fib level at 1.51900 with the market taking out the AB=CD (Purple) and 50 Fib at 1.54700/900 (see below). GBPUSD …
0 Comments Read more →

Cable: Bears lining up to sell at 1.54700/900

GBPUSD H4 Cable has attracted a number of buyers for the second time today on the 50 Fibonacci level at 1.51880, taking out a number of stops above the 1.54400 high. GBPUSD H1 Bear …
0 Comments Read more →

Cable is testing a major resistance level at 1.54300

GBPUSD H4 Cable has seen a decent bid over the past 3 days after the 50 Fib (Light blue) attracted some solid buying interest from the bulls. If the market can continue to hold abo …
0 Comments Read more →

Smart money selling into 0.77600 ahead of Aussie data

AUDUSD H4 After taking out the major 1:1 (Yellow) and 50 Fib (Purple) the Aussie has continued to slid with the bears now pushing for large stops that are likely sitting just below …
0 Comments Read more →