Cable Update (GBPUSD)

Quoting Pat Chiko

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{quote} UK inflation forecast. Note : This chart is Copy and Paste from BoE Twitter. So Mr ICT Hindsight don't get jealous to my copy and paste skill.

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Quoting Jollson

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Gbpusd sell @ 1.1419, Eurusd sell @ 9836 TP 1.1365 9810 https://www.forexfactory.com/thread/...9#post14207449 Trade Safe

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Quoting pgidia

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Am I only one who thinks Rates will be increased by 50 pips and not 75 pips. Pound will crash like anything if that happens

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Quoting TheWolf

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*Forecast for NFP has been changed from 200K to 190K* Congessional Elections getting closer, in a week. After that we should have long term direction for this pair. Either 1.21 or down into abyss.. {image}

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Quoting cchin

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Let's see where we stand for my long to 1.18. The whole trade package of 8 trades now has a floating P/L of +$16. I could just leave it there for it to run, and come back when it hits 1.18. Could take a month, 3 months, who knows, right? Fed yesterday hike was 75 bps. I expect them to go on with hikes until early 2024. No reason for Fed to stop. Slow down, may be but not stop. Core PCE for Sept 2022 was at 5.1%. I guess Fed would just continue until interest rate is above core PCE. We can now expect 6.0% to 6.25% interest rates before Fed stops...

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Quoting PatienceFx

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{quote} careful , i used Dow Jones Index as example on purpose DJI is the cream of US economy {image}

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Quoting PatienceFx

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{quote} halala & jhatka have a difference, what is it

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Quoting Pat Chiko

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{quote} The short answer is YES. Coz nobody use pips value for Interest rates. It is not pips..... please be aware of that if you wish to speak the truth. It is measured by# basis points The more important question is WHY 50 bps ? Why not make it 100, 75, or 150 bps Tell me like I am a Five Years Old. Thank you P/S last week one fellow also did the same telling all the people here that ECB follow his bank rates. His claimed was short lived... Unfortunately, he got all messed up ( and quietly deleted his posting...)

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Quoting Pat Chiko

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{quote} What the F^&k you write ?. You're drunk or what ?

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Quote

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The more important question is WHY 50 bps ? Why not make it 100, 75, or 150 bps
Tell me like I am a Five Years Old.

Quoting PatienceFx

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{quote} halala = increasing rates slowly jhatka = one big rate hike {quote}

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Quoting bignumbers

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i’m long but i feel this support is weak, price wasted too much time coming back to test the support. Let’s hope {image}

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Quoting Pat Chiko

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{quote} GU Trying some luck here. Scalping LONG pre -BoE Official Bank Rate{image}

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Quoting PatienceFx

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{quote} i sold cable very heavily

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Quoting Pat Chiko

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{quote} GU Trying some luck here. Scalping LONG pre -BoE Official Bank Rate{image}

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