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Cable Update (GBPUSD)

UK red data in 15 mins or so, will look to trade afterwards
Insane in the Brain..
Quoting Pat Chiko
{quote} You mean, you will abandon me and run away with blondie ?....Dammmm Waveskie.{image}
Sorry Pat you just have not got his looks ...
juat prepare to gamble
Lets see what master Moty is doing today
Quoting mkvy
Lets see what master Moty is doing today
He is stuck in his sell trade
Quoting mwaqar309
{quote} He is stuck in his sell trade
It just might pay off for him in a minute or two
Quoting mwaqar309
{quote} He is stuck in his sell trade
im picking up the distinct smell of burnt muppets
Uk data seems better than expected gone long TP over 12310
Insane in the Brain..
Quoting BeeTogether
Uk data seems better than expected gone long TP over 12310
data is rather mixed. two red, two green
trading is like dancing, don't think and just listen to the music!
Wage earnings come above expectation but still below last month figures.

Tomorrow UK CPI expectation 4.7% is a huge difference from prior month 6.7%.

Possibility for UK CPI to be <6.7% but >4.7%

The market reaction tend to be bullish in that case since GDP QoQ missed slightly the -ve expectation

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Anyone sees other setup.
The only one thing that still support a bearish view in no MSS produced on H4 yet
Even with a 4D chart wont make you a better trader!
Quoting birdland
{quote} data is rather mixed. two red, two green
The more important question is how will the data impact UK interest rates.
Higher than expected claimant counts (red) supposedly makes it hard to raise rates.
Lower than expected wage increases (green) are still above targeted increases of 2% suggesting higher rates are required.
Overall unemployment rate flat means it is 'easier' to raise rates.
The potential for rates increases is higher. Appears that price is reflecting this.
Quoting Wavegarrick
{quote} My weekly pivot it is Cheers. {image}
Buy. Yes, No?
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Trade to trade another day
SHORT @ 1.2290 no sl tp hell...
Bulls trap
You shell not pass 1.23000
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Quoting Waveskierrob
SHORT @ 1.2290 no sl tp hell...
copy
People don't plan to lose. They lose because they don't plan.
Quoting cablekingdom
In long-1.2240 Tp-1.2305 Sl-1.2228
Closed, +55 pips
GJ 186.455 short
People don't plan to lose. They lose because they don't plan.
Quoting Moty
Bulls trap You shell not pass 1.23000 {image}
ok then
Quoting Waveskierrob
SHORT @ 1.2290 no sl tp hell...
follow sold 1.2299
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
sold 1.23

target 300pips


not a trading advice
MY OPINION NOT FINANCIAL ADVISE
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