Cable Update (GBPUSD)

Quoting Indiara

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I think that I will take a break from FF for a while. My trading has become worse since I have been here. Not blaming anyone, just myself. Perhaps I just do better on my own Indiara

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Quoting Pat Chiko

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{quote} Nice Q. How about if Liz is gone by next week.. Do you think market will get back the confidence with GBP. Currently UK, is paying higher price for borrowing, it can't sustain, unless market have the confidence back. Liz hold they key, the pressure is mounting. (Maybe by Halloween she's gone) Secondly look how bad is UST. UK is one of the biggest holder of UST. I Think, Bailey is selling it and start buy Gilts to support the GBP. {image}

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Quoting Pat Chiko

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{quote} Nice Q. How about if Liz is gone by next week.. Do you think market will get back the confidence with GBP. Currently UK, is paying higher price for borrowing, it can't sustain, unless market have the confidence back. Liz hold they key, the pressure is mounting. (Maybe by Halloween she's gone) Secondly look how bad is UST. UK is one of the biggest holder of UST. I Think, Bailey is selling it and start buy Gilts to support the GBP. {image}

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Quoting Pat Chiko

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{quote} Nice Q. How about if Liz is gone by next week.. Do you think market will get back the confidence with GBP. Currently UK, is paying higher price for borrowing, it can't sustain, unless market have the confidence back. Liz hold they key, the pressure is mounting. (Maybe by Halloween she's gone) Secondly look how bad is UST. UK is one of the biggest holder of UST. I Think, Bailey is selling it and start buy Gilts to support the GBP. {image}

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Quoting Fardeen1209

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{quote} I'm not sure of the political views tho who will actually replace Lizz after she gone, but i think it will be Sunak. IMO, So the market will wait for what his (or next PM's) govt will try to bring to the table to manage the UK economy. They are already in a 'Mauvaise position'

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Quoting Moty

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{image}{image}

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Quoting PatienceFx

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{quote} pat post a chart of credit default swap of us and of uk separately

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Quoting Pat Chiko

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{quote} Confirmation I got, the meeting in now. Good news for GBP{image}

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Quoting Yngwie

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Sell 1.1208 SL 1.1220

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Quoting Fardeen1209

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{quote} I'm not sure of the political views tho who will actually replace Lizz after she gone, but i think it will be Sunak. IMO, the market will wait for what his (or next PM's) govt will try to bring to the table to manage the UK economy. They are already in a 'Mauvaise position'

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Quoting Pat Chiko

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{quote} Even tho', I come from future, I cannot predict where price want to go. My trade purely based on Price Action on what price is doing now. There's going to be two test ahead. If pass, go up, if fail go down..... as simple as that. Just do as the chart is doing, not thinking what chart want to do. That's my newbie perspective on GU now.{image}

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Quoting Pat Chiko

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{quote} If you ask question or wanting I will try my best to answer. If you want to instruct me to do something. Find someone else who are willing to do it for you. You want me to post those for what ?. Reason. WHY do you want it ?.

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Quoting Yngwie

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Sold again 1.1228 SL 1.1245

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Quoting PatienceFx

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{quote} always requesting because your source is good

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Quoting Bella.al

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{quote} Current Rate : 1.12344 I have closed the position manually at 1.12332 with +112 Pips in Profit. I have to re-work on my analysis. {image}

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