Comments on: Cable: Looking for buying opportunities near 1.6400 https://fxww.com/cable-looking-for-buying-opportunities-near-1-6400/ The Professional Source Thu, 02 Jan 2014 23:26:04 +0000 hourly 1 By: Sean Lee https://fxww.com/cable-looking-for-buying-opportunities-near-1-6400/#comment-34655 Thu, 02 Jan 2014 23:26:04 +0000 http://381c099c8f.nxcli.net/?p=11479#comment-34655 Hi Charles, everything is always possible on the GBP but once it starts moving I wouldn’t try and pick a top. Easier to play the trend and buy close to where you think support will form. If it starts trading below 16200 then I will change my view but its been very good to me in 2013 so I’m sticking to the strategy.

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By: Abhi https://fxww.com/cable-looking-for-buying-opportunities-near-1-6400/#comment-34654 Thu, 02 Jan 2014 23:02:07 +0000 http://381c099c8f.nxcli.net/?p=11479#comment-34654 Thank you Sean for the figures

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By: Charles https://fxww.com/cable-looking-for-buying-opportunities-near-1-6400/#comment-34653 Thu, 02 Jan 2014 22:32:45 +0000 http://381c099c8f.nxcli.net/?p=11479#comment-34653 You really think it’s going to just keep going up and up and up? I mean we’ve rallied all the way from 1.48 lows to 1.66 weekly resistance, the overall weekly trend is clearly sideways and momentum is overbought, don’t you think you’ll get better opportunities to add longs lower than 1.6360?

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