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Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
DislikedIf I'm right that big banks are pushing price from point A to B, then 1.26 is a given today and perhaps 1.2575. From there we could bounce and go to 1.33 if this is point C. There is also not even 15M that is suggesting to Buy.Ignored
DislikedThis time last week Thursday recorded weekly high of 1.2995 being 200 pips week range then. Price crashed from that high of 1.2995 to a low of 1.2760 the next day... This week so far has seen a crash of 200 pips so far and this month hasn't bought more than 5 pips from the open of 1.2836. can there be a total trend reversal today like it happened last week? if it does, then 1.2900 may occur... Wonder what BOE is cooking, I feel they are cooking something out of the extra ordinary for today and tomorrow.Ignored
DislikedI think if this 15M candle closes around this level I may consider entering a long targeting R1 (~12780). Whilst keeping my short open. Reasons for trade, near weekly S2, near daily S1, possibly liquidity grab from yesterdays low and bullish reaction from it. Also yen pairs looking like we may be looking at turning downwards longer term. EJ cant break the highs, looks like a liq grab on daily UJ.Ignored
Disliked{quote} I agree. I think we will see another 50bps coming up. We'll see.. But what Support did the price hit? I want to see at least 1.263 before price starts to reverse.Ignored
DislikedThis time last week Thursday recorded weekly high of 1.2995 being 200 pips week range then. Price crashed from that high of 1.2995 to a low of 1.2760 the next day... This week so far has seen a crash of 200 pips so far and this month hasn't bought more than 5 pips from the open of 1.2836. can there be a total trend reversal today like it happened last week? if it does, then 1.2900 may occur... Wonder what BOE is cooking, I feel they are cooking something out of the extra ordinary for today and tomorrow.Ignored
Disliked{quote} I agree. I think we will see another 50bps coming up. We'll see.. But what Support did the price hit? I want to see at least 1.263 before price starts to reverse.Ignored
Disliked{quote} {quote} Hi, might be, but the money is still on +0.25% only.Ignored
Disliked{quote} With the various US news releases on the heels of the BOE rate announcement, I believe that the actual rate change will simply get caught in the wash.Ignored