Cable Update (GBPUSD)

Quoting RemyLou

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{quote} what do you mean

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Quoting dantpm

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{quote} They probably didn't have numbers yet so they published expectations. Revisions will come out in a week or so.

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Quoting Pat Chiko

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GU one more pupm {image}

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Quoting Wavegarrick

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{quote} In my opinion. There is absolutely no reason to believe that the market has turned short. In fact I think that we are setting up for a solid bullish breakout, out of this range. Only a solid break below 1.20000 will change my bullish view. It is hairy scary when I see so many call for shorts, but hey, who am I to judge. Each one for themselves. Cheers. {image}

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Quoting Mitiblotch

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First trade. Just bought 2170. I should have bought lower but I will use 2100 as a cushion. And oh, I didn't know there was cpi days to be released. In any case, let's see what it bring. Good morning all.

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Quoting Georginson

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Hello Guys, price is obviously stuck in the confines of 1.21 and my expectation is for price to attain 1.2240 area before some deep correction... In the second thought, this week opened at 1.2085 and hasn't sold below 1.2083 (2 pips drop only), this scenario usually drops back to the weekly open and break it down 70% of such scenario. So if expected weekly range is between 250 - 350 pips, we may make use of the below simulations 1.2240 - 250 pips = 1.1990 1.2300 - 250 pips = 1.2050 From the above, it shows that even if price reaches as high...

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