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Subscribe to this list via RSS Blog posts tagged in CABLE

Posted by on in FX Chart Updates

A solid rebound back higher to the range last week, and despite the Monday failure back from 1.5690, a Tuesday breakout above here reinforces a bull tone for Wednesday and also can re-energize the underlying bull theme.

The July push through resistances from June, the rally from our 1.5327 retrace support, and rebound from ahead of the trend line from May all leaves an upside risk into August.

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Tagged in: CABLE Forex FX GBP GBPUSD
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Posted by on in FX Chart Updates

A dip lower this week through at 1.5805/00 and the June trend line favours a consolidation tone on Tuesday.

However, the push last week through a long term retrace barrier at 1.5879 after the recovery through the 1.5815 peak leaves a bullish recovery tone for late June.

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Posted by on in FX Chart Updates

A rejection for now of a shift to a broader range theme with the rebound from ahead of support at 1.5087.

This points to a more positive recovery tone for Wednesday and potentially on into early June.

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Posted by on in FX Chart Updates

A surge overnight post the UK Election Day, to reinforce the base that has built this week in the 1.5088/87 area to overcome the late April recovery high 1.5500 and maintain a bullish theme into May.

For Today:

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