DislikedIsn't the increase in interest before the release of CPI data a good indicator that the data is greater than anticipated? I read a report that whether it is above or below 3% the pound should rise.Ignored
Thanks, Damian Burrowes
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DislikedIsn't the increase in interest before the release of CPI data a good indicator that the data is greater than anticipated? I read a report that whether it is above or below 3% the pound should rise.Ignored
DislikedExpectations are now of a 3% rise so it would take more than that to push cable up. Ideally I'd like to see 1.975 resistance hold before initiating a short. If it doesn't hold then 1.985 is the next target.Ignored
DislikedThere is a strong divergence forming on 400 tick in the upper range for bear market. If price turs soon and pattern is confirmed, it could indicate a move down to 1.9300 area. Same goes for 1600 tick chart and weekly chart. As for the news, i dont want to sound so simplistic, but all of this talk is based on rumor. Isn't the adage, buy the rumor, sell the news?Just an opinionIgnored
DislikedGoodthings. To help understand your reversal probabilities. Todays range on the pound up to this point is 35 pips. does this mean there is a 25 percent chance of a reversal. Or is the pip count from the opening of the LONDON session. ThanksIgnored