Cable Update (GBPUSD)

Just wait OTW to 1.3965. Trade safe

Man me and you are in two different dimensions right now haha, good luck man.

Yes. You win i lost, i win you lost

Ok thx, sorry didn't know what you were referring to.
Your analysis has been very helpful in consolidating ideas.

GBPUSD for today

I'm not too convinced as yet.
Thought to see some more volatility when testing the high of January but "failed" imho.

Wouldn't mind the retrace as shown per your image below. Will then get in for the next leg up.

Now more probably will work bigger Time-frame and it can make volatility

Any signs of a retracement? I was waiting for a pull back to rejoin the party at 1.430xx

Also at 1.421xx

Just see fall to 1.3965

On what perspective? Long term?

The one hour looks like an AB = CD to 4513.

1.3965 is my TP brother.

waiting too... still no sign of bears yet :/

Traders closely monitor the progress of negotiations on Brexit and set to raise the rate of the Bank of England

GBPUSD in the Asian session, has renewed a multi-year high, having tested the mark of 1.4354. This is the highest rate since the brexit referendum in June 2016 and the first daily close above 1.43. It should be noted that this year – January 25 – the currency has already tried to overcome the level of 1.43, but then it ended with a rapid reversal and a rapid fall. This time the momentum seems to be more convincing.

Over the past 12 months, the pound has risen by more than 14% against the dollar. Since the beginning of the year, the GBP has grown against the us dollar by 6% and topped the list of the most productive currencies B-10, and this despite the difficult relationship between Europe and Britain.
The main catalyst for growth was the agreement between Brussels and London on the terms of the transition period. Additional-the market hopes to raise the Bank of England rate.

Brexit talks
This week will be another round of talks on Brexit, which can amend this steadily bullish trend. Today, the parties will discuss the nuances at technical meetings, and tomorrow will be the main battle for the Irish border. Recall that this issue is one of the most controversial and problematic for both sides. London wants to resolve it by October 2018, and it is likely that the pound will trade throughout the spring and summer with a focus on progress in the trade negotiations.

"These negotiations can potentially be difficult, periodically stalling, which can put pressure on the pound. However, both sides are extremely interested in working out a realistic and constructive trade agreement", — says Brian Martin, chief economist of ANZ.

Bank Of England Policy
The Bank of England is going to raise the rate next month. The market places in the price the probability of such an outcome at the level of 93%, which can also support the pound at this stage – at least until the meeting of the monetary policy Committee. Meanwhile, the regulator in recent statements promises us a "limited and gradual" tightening, so, according to Bloomberg surveys, most experts expect only one increase this year and the next – not earlier than February 2019 at best.
The regulator has taken a cautious position and tries not to inspire investors with excess hopes, despite the signs of acceleration of wage inflation and the absence of pronounced adverse effects of Brexit. This means that any hint of deterioration in economic dynamics can influence the decision of the Bank of England.

In this context, the reports on the labour market, inflation and retail sales released this week deserve special attention. If the data does not meet expectations, the pound will fly off its pedestal, despite the progress in negotiations on Brexit – the market will begin to lay in the price of the so – called pigeon tightening – that is, an increase in the rate combined with cautious comments and weak forecasts-or even radically revise their forecasts for monetary policy of the Bank of England.

No matter news red or green, price will be fall soon

Or not and half of the ppl here will get busted as usual

possible @1.45
plan ~ short @1.45xx

Not that bad for the UK tbh thought it'd be worse..

pake indicator apa mas? ( what kind of indicator do you use ?)