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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting Ferna
{quote} What are the expectations?
Expectations or forecast, very close to previous.
Data like this is already priced in to the market.
Mixed data it seems. Core PCE higher than expected but less than last month. Stalemate
PCE much lower than last month. Should be GBP positive but isn’t showing. Overall stalemate
Insane in the Brain..
Still going long, seems like market already priced in before news. That's why dollar went up so strongly.
Exhausted
the drop is coming
Attached Image (click to enlarge)
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Will it break today's high? Figures
Exhausted
Quoting Elysion
Still going long, seems like market already priced in before news. That's why dollar went up so strongly.
Pretty sure that was just a liquidity grab, trying to get investors to jump into positions and then reversing on those positions.
Quoting Moty
the drop is coming {image}
I like your charts as it always helps to see other people's I sights but why... Why is the drop coming , I see the patterns but at the same time this has been on a climb and it's on a bulldog trend it seems you anticipate the highs and expect pull backs.

Is it just technical analysis, what about the fundamentals?
Out from GU, selling UJ instead.
Aiming for a potential retracement/correction of today's move.
Exhausted
Let's go 1.25+
Attached Image (click to enlarge)
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Quoting dantpm
{quote} Pretty sure that was just a liquidity grab, trying to get investors to jump into positions and then reversing on those positions.
Could be, GU is breaking to the top right now.
Daily high taken out as we speak.
Exhausted
Let's test 1.255 and see if we can break that.

I have been saying about the look for 1.26 and the fact the data has been supporting a rate hike pause .

We have all that news coming in May so these levels are key
Quoting AlfieSolomon
Let's go 1.25+ {image}
Nice but I pu55ied out and missed 25 pips.
Exhausted
bagged it.
Attached Image (click to enlarge)
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Quoting Whale
{quote} having said that im trying to buy some. will sell later.
closed for 60.. if you cant beat them, join them.

this is was my last trade for this week..
I probably will skip GU this year.

see you at other threads
Attached Image (click to enlarge)
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First Sell positions opened. Sell order at 1.257. TP 1.237
Attached Image (click to enlarge)
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Quoting Whale
{quote} closed for 60.. if you cant beat them, join them. this is was my last trade for this week.. I probably will skip GU this year. see you at other threads
Ikr, GU isn't giving a lot of good trades this month.
Other pairs are performing way better
Exhausted
Quoting Moty
{image}
Bruh, no SL? Moty.
Exhausted
Quoting Elysion
{quote} Ikr, GU isn't giving a lot of good trades this month. Other pairs are performing way better
I find it difficult from January, so why to waste time and effort.
Quoting damsak
{quote} as mentioned just reversed in up reverse zones{image} https://youtu.be/8Sau-9bdSYk
as mentioned in the video market just exactly reversed to the down in expected down zone too.
Attached Image (click to enlarge)
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