Cable Update (GBPUSD)

Quoting Pat Chiko

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US DATA ON GBP is good but Dollah turns Sour. Why is that. What are we looking for on Technical/Fundamental combo ? Can anyone tell me the reason On technical for GBP/USD, the set up is rejection on H1, but price rebounce The GDP Data :{image} DXY{image} GU - rejection and trap: {image}

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Quoting PatienceFx

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target 145.30 {image}

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Quoting PatienceFx

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{quote} risk reduced {image}

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Quoting Whale

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{quote} Im looking UJ long.. very very nice setup but the error price will be expensive long 145.95 tp1 147.8 tp 148.75 sl 145.1 {image}

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Quoting DrDave

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{quote} Then why post about it?

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Quoting Moty

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nice candle forming {image}

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Quoting YellowFellow

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Cable will continue to go up IMO. The trend has changed. PS: Sold US/CH {image}

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Quoting Bella.al

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{quote} Current Rate : 1.15836 I am +51 Pips as i write this , cable just hovering above daily pivot 1.15660 and whilst it holds above this level, i will not move my stop loss to protect the trade. Only below 1.15300 will move my trailing at this point. -Bella's Blue {image}

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Quoting Wavegarrick

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{quote} Hi ForexZ, Thanks for your question. Here's the thing for me. I am in a significant break out area above 1.14000 especially with a daily close above and also a symmetrical triangle. I have looked for liquidity zones when Gu was in a down trend much like Pat is doing. For me it works when we are ranging. The question for me is. Are we out of this range and breaking upside? It is not definite. Could we reach 1.13 or 1.14 for liquidity. I once again look at how it was when we were trending down. Will the big boyz take it back to 1.13 or smash...

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Quoting Fardeen1209

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{quote} I have a theory for the way the higher power clears the path for Sunak to become the new PM. My thought is that Winter is coming, Euro zone and UK facing the gas problem, with an Indo-xxx as the new PM, may be they can negotiate some gas from India.(since they can't get it directly from Russia due to sanction- the Law (or agreement- never mentioned they can't get it indirectly) For a lesser probability of offer rejection from India to deliver the gas to UK, they made him the new PM for negotiation, otherwise many will suffer! Well, it is...

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Quoting Fardeen1209

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{quote} Rashee Sunook will negotiate with India for Russian Gas for Winter! {image}

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