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Cable Update (GBP/USD) without Idiots 23 replies

Is it just me or is cable acting random? 44 replies

Why is GBPUSD called cable? 66 replies

Cable (GBPUSD) vs Euro (EURUSD) 26 replies

cable short for gbpusd? 6 replies

Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

How reducing bond bying by $120bn would affect US dollar? Tappering typically lift the currency, but reducing will make lower affect?
Looking at last tappering on Gbp which was increased in Nov 2020, sterling had few months of green candles. What do you think will happen in this new scenario?
Quoting Nordling00
Sold GU. Let's wait and see...
fed just told you ,
you are wrong
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#doyourownanalysisordietryin
Quoting Bones
{quote} fed just told you , you are wrong {image}
We will see
TRACK RECORD: https://l24.im/AFm9qY
Quoting Bones
{quote} fed just told you , you are wrong {image}
How are these 4h candles different..... is it custom changed the period?
Quoting Jolita
{quote} You investing in a wrong pair. Didn't you listen to V Putins speach today?
Probably. Another bad call I posted¯\(°_o)/¯ will cover with buys and annihilate it. Not sure yet
Are you buying Cable?
Next general resistance zone
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Good Vibes - In charts we trust
Pulchra All Time Return: -88.4%
https://tradingeconomics.com/united-kingdom/currency

The British pound appreciated to $1.36 in October, moving further away from a nine-month low of $1.341 hit earlier in the month, amid expectations the Bank of England will be raising interest rates sooner-than-expected. Official Michael Saunders said investors were right to bet on faster increases in borrowing costs, while Governor Andrew Bailey warned of a “very damaging” period of inflation unless policymakers take action. At the same time, concerns over the British economy mounted due to a surge in energy prices and the shortage of workers in the wake of Brexit and the COVID pandemic, while investors also worry about the unemployment outlook as a furlough scheme introduced to mitigate the effects of the pandemic ended in September. Elsewhere, the dollar remained close to a one-year high as the US Federal Reserve is seen tapering its bond-buying scheme in November.

I personally am staying away from this pair because they are both strong currencies. I have been selling EURUSD.

Forecast for the GBPUSD next is 1.33. Trade safe.
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Quoting W0lfram
{quote} Probably. Another bad call I posted¯\(°_o)/¯ will cover with buys and annihilate it. Not sure yet Are you buying Cable?
I was only kidding in respond to your submarine joke.

Yes, have couple short trades running. Will close by Friday.
I was bying when was selling.
Switched sides now I am selling when is rising. Typical lol
Quoting Techanalyst
https://tradingeconomics.com/united-kingdom/currency The British pound appreciated to $1.36 in October, moving further away from a nine-month low of $1.341 hit earlier in the month, amid expectations the Bank of England will be raising interest rates sooner-than-expected. Official Michael Saunders said investors were right to bet on faster increases in borrowing costs, while Governor Andrew Bailey warned of a “very damaging” period of inflation unless policymakers take action. At the same time, concerns over the British economy mounted...
Exactly, this interest rate hike talks are what bugs me about my GU sell position. USD is no doubt the best currency since mid-September, but Pound is the second best thanks to the rate hike talks. Fundamentally Pound is weak with high inflation and growth numbers, but these BoE talks are enough to carry the Pound.

Last month it was Gold and now it's Pound, i guess i love playing with the fire
TRACK RECORD: https://l24.im/AFm9qY
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NFP and FOMC high/low.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
Quoting TooSlow
{image} NFP and FOMC high/low.
Lately, GU looks too slow
TRACK RECORD: https://l24.im/AFm9qY
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ATR(14) extremes
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
1.36700 - 1.37000 area of seller interest

Still early. Lets have fun today. 2 day before weekly. What we expected to close these weekly candle?
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
Quoting gatenio
{quote} what up bro? when you talked on monday about xyz you meant double 3?
morning....

double 3 ? xyz ? didn't get your point ...can u gimme link about zyz u meant bro .

rgds
not euphoria follower
add first sell @1.36650 - No SL No TP

will add more later when price retest upper if retest higher POI
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
Quoting kris89
add first sell @1.36650 - No SL No TP will add more later when price retest upper if retest higher POI
superman hehehehe
not euphoria follower
Quoting iqyu5an
{quote} superman hehehehe
hampir siap distribution ku di H1

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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
Quoting Nordling00
{quote} Lately, GU looks too slow
Is that the world's worst pun, or a secret code?



Attached Image
Maximize wins, minimize loss, stay in the game as long as you can
Quoting kris89
{quote} hampir siap distribution ku di H1 {image}
Later lah ... sleep dl .
not euphoria follower
keknya asik nih ngopi dulu.. sambil nunggu 1.3640-1.3620 buat entry buy.. kalau ke bawah dulu
Trade what you see, not what you think.. react and stay sharp..
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