Cable Update (GBPUSD)

Quoting Bones

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It's going to go double digit this year for sure. I can only say this takes real rate differential further into the red with the UK likely to run hotter than the US going forward short term. {image}Government debt is not a limiting factor to how high interest rates can go. See this post by Chris from a few years ago explaining why high interest will not affect % to GDP by much. {image} {image}The post above is still relevant today, the figures could be slightly off but not the interest as a percent of GDP! {image}Uk is similar situ below,...

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Quoting buffedmage

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the news is bad for dollar , i think its risky to buy the dollar now maybe its trying to faking out with up move ..( intraday )

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Quoting Moty

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{image}

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Quoting montygoldy

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Trying a long for 10 pips lets see

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Quoting RaHaG0D

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1.2100 is a difficult zone to break today. My profits today were with my long trades, but I don't think it will go higher today. And we have a return to 1.2050. Of course, I may be wrong. Balance management is the best answer for every trade

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