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Cable Update (GBPUSD)

  • #747,161
  • May 24, 2023 1:40am May 24, 2023 1:40am
Quoting Fardeen1209
{quote} Another 25bps hike jun22?
Very likely, inflation remains high and sticky.
Just follow the trend.
  • #747,162
  • May 24, 2023 1:41am May 24, 2023 1:41am
GU

Going to SHORT in moment.
Waititng for signal for N3

Waititng,, waiting...

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #747,163
  • May 24, 2023 1:42am May 24, 2023 1:42am
Quoting Fardeen1209
{quote} Another 25bps hike jun22?
Have to wait for next CPI data to decide on that.
May CPI
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #747,164
  • May 24, 2023 1:45am May 24, 2023 1:45am
Quoting lucaswalliam
{quote} Very likely, inflation remains high and sticky.
Let's hope the Uk Boe's MPC members are students of the 1970's economic woes, so that they avoid the so-called 'stagflation' that occurred then (high inflation/lo growth.) Raise too much and we might tip into that/a technical or otherwise recession. Difficult balancing act to get right. Where is the 'tipping point?'
Trader with an Edge.
  • #747,165
  • May 24, 2023 1:46am May 24, 2023 1:46am
Quoting Traderview
As long as 4hrs keep closing above 1.2443, i keep buying dips. 1.2442 is all matters for bulls. A solid 90 pips from 1.2440 - 1.2530. lets see
same key levels pip by pip with me.
  • #747,166
  • May 24, 2023 1:49am May 24, 2023 1:49am
...

1hr below
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Trader with an Edge.
  • #747,167
  • May 24, 2023 1:50am May 24, 2023 1:50am
Bailey speak in 45 mins
And Bailey speak again in 5 hours
Then we got FOMC in 9 hours

To make it interesting, we have IMF said that the UK economy will likely not sink into a recession later this year.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #747,168
  • May 24, 2023 1:53am May 24, 2023 1:53am
Quoting voeltoez
okay im done {image}
gile lu ndro
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #747,169
  • May 24, 2023 2:05am May 24, 2023 2:05am
Quoting Headland
{quote} Let's hope the Uk Boe's MPC members are students of the 1970's economic woes, so that they avoid the so-called 'stagflation' that occurred then (high inflation/lo growth.) Raise too much and we might tip into that/a technical or otherwise recession. Difficult balancing act to get right. Where is the 'tipping point?'
A recession is hard enough to avoid, let's just hope it's a little less lethal.
Just follow the trend.
  • #747,170
  • May 24, 2023 2:08am May 24, 2023 2:08am
Quoting Pat Chiko
GU Going to SHORT in moment. Waititng for signal for N3 Waititng,, waiting... {image}

GU

Scalping SHORT.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #747,171
  • May 24, 2023 2:13am May 24, 2023 2:13am
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yes yes yes
  • #747,172
  • May 24, 2023 2:15am May 24, 2023 2:15am
lets swing to high
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  • #747,173
  • May 24, 2023 2:17am May 24, 2023 2:17am
Quoting Moty
{image}
Nice
  • #747,174
  • May 24, 2023 2:17am May 24, 2023 2:17am
Quoting GODofMC
{quote} gile lu ndro
wkwk jangan dicontoh bro..emang lagi gila
  • #747,175
  • May 24, 2023 2:22am May 24, 2023 2:22am
Quoting voeltoez
lets swing to high {image}
sl hit 1.2403
  • #747,176
  • May 24, 2023 2:26am May 24, 2023 2:26am
How many times you willcheck 103.470 mf ?
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yes yes yes
  • #747,177
  • May 24, 2023 2:28am May 24, 2023 2:28am
...last 4hr closes bearishly (30mins ago or so.) recovery attempt gets sold again at underside of a breeched 1hr asc t/line. Price now challenging this 1hr prev minor sw lo zone down to current dly lo = prev supp = pot supp. 1hr rangy.

1hr below
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Trader with an Edge.
  • #747,178
  • May 24, 2023 2:35am May 24, 2023 2:35am
DXY
it looks bad for usd = sell usd
if we are below yellow line
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Trendlines H1,H4, SMC
  • #747,179
  • May 24, 2023 2:37am May 24, 2023 2:37am
Had nice Asia + London.

I am OFF until NYO.

Buy in Asia, + Did not short London as i was sleeping, + Did buy the drops for decent profits.

The result is here
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Intraday only.
  • #747,180
  • May 24, 2023 2:39am May 24, 2023 2:39am
GBP,30M
hmmm, it looks both ways
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Trendlines H1,H4, SMC
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