Ideas on Cable - Page 18
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Thread: Ideas on Cable

  1. #171
    Join Date
    Oct 2014
    Posts
    105
    GBP/USD held its ground after Article 50 was triggered. The pair looks strong enough to make a move to the upside next week.

  2. #172
    Join Date
    Apr 2014
    Posts
    580
    The GBPUSD tries to gain some ground for today, but it has been oscillating during the week around the 1.2500 level with high volatility, but no clear direction.

  3. #173
    Join Date
    Apr 2014
    Posts
    680
    The pair is almost trading flat, but still well within positive territory. Gbp/Usd remains its upward slope and found resistance around 1.2580/90 zone.

  4. #174
    Join Date
    Jul 2014
    Posts
    724
    GBP/USD bounced off from 1.2555 after forming a doji candlestick and a spinning top candlestick at that level on the four-hour time-frame. It's currently testing the support at 1.2470 and a breakout below that level will probably lead to a further drop towards the previous low at 1.2375.

  5. #175
    Join Date
    Oct 2014
    Posts
    105
    The GBP/USD pair did not make any unexpected moves this week. The pair continued to trade in the range 1.25 and 1.2370. CMP 1.2397.

  6. #176
    Join Date
    Jul 2014
    Posts
    724
    The pair is stuck in a quite wide sideways consolidation between 1.2080 and 1.2700 and it's currently moving to the upside again. The closest target is at 1.2550.

  7. #177
    Join Date
    Oct 2014
    Posts
    105
    GBP/USD had a good week this week as price advanced to a high of 1.2575. Next week the pair might consolidate if there are no major news to stir the market.

  8. #178
    Join Date
    Jul 2014
    Posts
    724
    GBP/USD moved sharply to the upside after the fundmentals yesterday and reached a new high at 1.2900. It's currently consolidating sideways, but it's possible the move to the upside is not over yet.

  9. #179
    Join Date
    Oct 2014
    Posts
    105
    Good week for the Sterling. Maybe consolidation can be expected in the coming week and a slight correction to the downside before bulls attempt to go higher.

  10. #180
    Join Date
    Apr 2014
    Posts
    680
    The pair stay within the range between 1.2750 to 1.2860. In order to further gains, Pound needs to break above 1.29 level.

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