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Cable Update (GBP/USD) without Idiots 25 replies
cable short for gbpusd? 10 replies
Cable Update - Continued 105 replies
Why is GBPUSD called cable? 76 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Disliked{quote} Cross Pairs Understanding Cross Currencies Cross Currencies are obtained by either multiplying/dividing two major pairs. Let's use GBPJPY as an example. GBPUSD is GBP/USD while USDJPY is USD/JPY. GBPJPY is simply (GBP/USD) * (USD/JPY). GBPUSD 1.22903 USDJPY 150.93 GJ 185.497 Multiplying the price quotes give the result shown on the calculator. This is how the quote for cross currencies are obtained. Let's note that sometimes we need to divide one pair by the other. Like for GBPAUD = GBPUSD ÷ AUDUSD How do we use it to our advantage?Ignored
Disliked{quote} UJ The downside for the USD/JPY limited in the wake of the dovish stance adopted by the Bank of Japan (BoJ). BoJ Kazuo Ueda said on Wednesday that the central bank will stick to ultra-loose policy until the recent cost-push inflation shifts into price rises driven more by robust domestic demand and higher wages. This marks a big divergence in comparison to a relatively hawkish Fed. {image} Weakness below the 150.65 attract fresh buyers near, currently pegged just ahead of the 150.00 psychological mark. Japan intervene in the FX market, which,...Ignored
Dislikedquick scalp.end of today {quote} thanks it helped..coz im still confuse with pa {image}Ignored
Disliked{quote} UJ The downside for the USD/JPY limited in the wake of the dovish stance adopted by the Bank of Japan (BoJ). BoJ Kazuo Ueda said on Wednesday that the central bank will stick to ultra-loose policy until the recent cost-push inflation shifts into price rises driven more by robust domestic demand and higher wages. This marks a big divergence in comparison to a relatively hawkish Fed. {image} Weakness below the 150.65 attract fresh buyers near, currently pegged just ahead of the 150.00 psychological mark. Japan intervene in the FX market, which,...Ignored
DislikedLadies and gentlemen GU is not a short here at 2300. You'll get much higher prices. In fact I see price hitting 2370 tomorrow.Ignored
DislikedNice long set up 4H in correction against D1 and D1 moving up with W1 a good close above 2300 sets a new trend in motion for the upside to continue same set up on eurusd long and usdchf short {image}Ignored
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