Cable Update (GBPUSD)

dust it off

Don't get too optimistic about the GU. price is below 1.25 and 200 ema. there is a chance to price move higher for a next 2 to 3-week its true.

80-20 % next week continues up, I got a special calculator and bonesometer TM software...$9.99 e mail me

what did this software do? show COT report

so yesterday ' s times article was not fake news , this was the MAJOR CONCESSION the EU was gonna make :

UK negotiators propose 'pared-down' free trade agreement to end Brexit stalemate

Insiders say a "cleaner and more straightforward" approach could form the foundation for a more wide-ranging deal.

Britain is proposing a "pared-down free trade agreement" to end the Brexit stalemate and get a deal done by the end of October, according to well-placed sources in Brussels.

The offer to switch away from a fully formed withdrawal agreement - and instead put the focus on a more limited free trade agreement (FTA) - was part of the pitch made by Prime Minister Boris Johnson to his Irish counterpart Leo Varadkar during talks on Thursday

While an FTA will not resolve all of the issues that have dogged the existing UK proposals, insiders have said it is a "cleaner and more straightforward" approach that could form the foundation for a more wide-ranging deal.

They are encouraged by the positive reaction to Thursday's talks and think that the backing of Mr Varadkar could be crucial in persuading other EU leaders to support a deal.

A number of EU nations - particularly those who will not suffer significant direct repercussions - have made it clear that, as an act of unity with another smaller nation, they will support a proposal if it is backed by the Irish prime minister.

An FTA between the UK and the EU would be likely to remove all tariffs on goods crossing between the two areas.
However, it would not remove the need for all customs checks - a crucial sticking point in the talks so far.

This is also similar to that kind of deal that was leaked weeks ago .

All this to say , that unless the DUP and NI oppose this kind of deal , this would be the only major step forward and only kind of workable deal in 3 years of negotiations

This goes to explain the kind of market reaction we got today

Hey guys what's up?

Oh, it's the Pound

I posted bullish technicals just day before yesterday I think it was.

now that’s a strange candle pattern

maybe short area

nice move, not my session, hope some of you got at least some of it...

Congratulations to everyone who did hold long trades in GBPUSD. I have here a possible re entry example for long trades in the picture below. At 1.2350 would be good zone.

mmm night all

The project still going on.

Wolf waves or three drives usdx on h4.