Cable Update (GBPUSD)

Quoting Wavegarrick

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{quote} Can we see a weekly close above 1.25000?. I have closed some of my weaker trade for minus 49 pips today with some trades locked at b/even and some. Nevertheless all is not lost for Bulls yet. A weekly close below my blue line at 1.23911 ish is the edge of the cliff and a break below will have me consider medium term shorts. Have a great weekend, Cheers. {image}

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Quoting Bones

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I don't see how CPI can drop 2% because everything has stayed the same. Looking back, Energy has been fixed high. Qualitative tightening isn't happening; the balance sheet is basically flat. Wages are going up, say 6%, and pensions and benefits just increased by 10%. Anything linked to CPI and RPI just went up 10%+ CPlie needs to drop that far to stay on the BoE target of 2-4% by the end of the year. Previous underreporting will make the drop harder. {image} {image} {image}

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Quoting Pat Chiko

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{quote} A dog is always a dog A wish yuh all a good weekend an a pray yuh all de best fi di nex week. PAT

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Quoting Pat Chiko

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GU On last Friday closure moves. Switching side for next week. A see if nex week bring good luck pon di trades. {image} Switch to SHORT {image}

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Quoting GODofMC

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The higher altitude the less oxygen they said. And it seem i fell chocked right now {image}

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Quoting ForexStats

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{quote} Remember it's year-over-year so base effects matter a lot. Month-over-month is a much better measure.

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Quoting Pat Chiko

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{quote} GU Stopped out. Switching to LONG position{image}

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Quoting boodvah

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i wanna see price trade below 1.245 and to cross my trigger ma for short{image}

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Quoting GODofMC

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{quote} thats what i thought, now still hanging

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Quoting boodvah

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{quote} its a game of patience lol

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