Wow what a drop! Any idea what’s caused this one? Can’t see any news that might have had an effect like this just yet?
Insane in the Brain..
Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
Disliked{quote} Switched positions again, couldn't update in time. {image}Ignored
DislikedWow what a drop! Any idea what’s caused this one? Can’t see any news that might have had an effect like this just yet?Ignored
Disliked{quote} So a good set of PPI results should then be factored in? Or is this a liquidity hunt?Ignored
DislikedThat place where they collect orders and really has nothing to do with charts. If lots of you unregenerate and unbaptised, sinful retailers buy then they break it downside to harvest your stops and have you pay penance with your account also vice versa. Well, I hope the ever sanctimonious market movers and price makers will have mercy and forgive bull sin.Ignored
Disliked{quote} Hi Sohail. This is my newbie view as I'm not professional in analysis. US inflation and Fed meeting - US PPI inflation indices, After an 11% increase in April, it is forecasted to slow slightly to 10.9% annually. Meanwhile, core producer prices grew 8.8% year over year in April, down from a series high of 9.6% in March.Ignored
DislikedWow what a drop! Any idea what’s caused this one? Can’t see any news that might have had an effect like this just yet?Ignored
Disliked{quote} with the data ready for a big hike I can’t see GU getting out of deep waterIgnored
DislikedTalks as regards possibility of raising rates by 0.75 basis point is gathering momentum, I only see this as an opportunity to smash the dollar once the decision comes as 0.50 increment which will be termed as disappointing. The upcoming rate rise is already priced in and Dollar has rallied hard bringing most pairs to multi year lows. Back to technicals, 1.2155 was taken out yesterday as if it didn't exist at all, making it 400 pips drop within 48 hours, that's really massive. Now the big question is what's the implication of that 1.2155 being broken?...Ignored
Disliked{quote} with the data ready for a big hike I can’t see GU getting out of deep waterIgnored
Dislikedi can put my head on 1.228, and if not i'm out of this market with my tale between my legIgnored