Bears continue to sell Cable, find out why? by Reece Marini

GBPUSD Weekly Cable traded at its lowest level since 2013 on Friday last week taking out a number of stops below 1.47500 with the sell off looking set to continue. GBPUSD Daily Cab …
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Cable now pushing for stops below 1.49400 by Reece Marini

GBPUSD Daily Cable continues to slide with a number of traders now seeing the 38.2 Fib at 1.55500 as the wave 4 in this recent run lower. Stops below 1.49400 are now looking in rea …
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GBPUSD: Cable looking to test important 1.5000 level. Lower levels ahead by FX Charts

GBP/USD: 1.5029 Sterling took a battering of its own on Friday after the US data, falling sharply to 1.5031 and looking likely to test the important 1.5000 level in the days ahead. …
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Cable: Momentum to pick up on the downside by Reece Marini

GBPUSD H4 I mentioned yesterday the importance of the 1.53250/200 level, the level initially found some buying interest but eventually failed. The bears saw this as a major sign of …
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Bulls still buying dips in Cable by Reece Marini

GBPUSD Daily Cable saw heavy selling overnight on the 38.2 fib at 1.55500, this level could be seen as the wave 4 in this recent bear trend. However the 1:1 (Green) has been overba …
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Cable: Bulls looking to put the bears to bed by Reece Marini

GBPUSD Daily The 1:1 (Green) and 23.6 fib that coincide at 1.54250/750 still remains the level of most importance in Cable. As long as the market stays below this level the bears r …
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Cable: Intraday players still on the bid by Reece Marini

GBPUSD H4 The trend line (Pink) at 1.53400 and the better than expected NFP out of the US capped the recent run higher in Cable. The market will need to see a strong close back abo …
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Trade Idea: Sell Cable at 1.51000 by Reece Marini

GBPUSD H1 I will look to sell Cable between 1.51000/1.51100 with a stop at 1.51300. The initial target will be 1.50600, with the overall target 1.49500. The reason for taking this …
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GBPUSD: Cable back at 1.5000 after a quick dip to 1.4970; lower levels ahead. UK R/S later by FX Charts

GBP/USD: 1.5016 Following a brief spike to the session high of 1.5212, the ECB’s QE launch helped to drive Cable lower, in sympathy with the Euro, to below the Jan 8 low at 1.503 …
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Cable: Is this the level to go long by Reece Marini

GBPUSD M30 Cable has attracted solid buying on the AB=CD (Light blue) and 1:1 (White) that coincided with an important 50 fib at 1.51500 during yesterdays NY session. As long as th …
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