Cable Update (GBPUSD)

Quoting mysterio

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{quote} Its because gilt yields are shooting up I think, people are offloading UK govt debt like crazy. Its heading towards junk status if they're not careful. It will keep going until the BoE intervenes

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Quoting nessus94

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bad numbers bad economy short the rise tp 1.27

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Quoting nessus94

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1.40 ! next is 1.45 and 1.50 where are the losers for 1.20 and brexit ? lol

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Quoting Waveskierrob

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{quote} Yes I have thanks

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Quoting abconqq7

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{quote} That is great. Get prepared for your next wiped out

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Quoting W0lfram

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{quote} weren't you shouting about the bad economy and 1.27? Yes, you are https://www.forexfactory.com/thread/...2#post13372182

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Quoting W0lfram

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{quote} weren't you shouting about the bad economy and 1.27? Yes, you are https://www.forexfactory.com/thread/...2#post13372182

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Quoting abconqq7

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{quote} This is one of the correct explanation. Therefore, in the short term GU will not go down

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Quoting mysterio

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{quote} Agree, of course its a volatile pair and its Friday and could easily drop down to 1.39 before back up Posted this a while ago, this is Gilts IE UK govt bonds, blasted through a monthly resistance last week. I can't see this trend stopping until the BoE intervenes- and they will at some point. I think they said or implied they wont let yields go past 1%. Currently at 0.64% so Cable has plenty (IE hundreds of pips) to go for long term buyers IMO {image}

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Quoting giveachance

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{quote} exactly he is the biggest spammer here

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Quoting abconqq7

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{quote} Even Moty is shoring before, and he switched in the right position. What's wrong with guy if predicted wrong previously. The most important is to find the right track eventually.

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Quoting Tim_isoara

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{quote} Out at BE. Short at 1.4004 SL at BE

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