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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
Disliked{quote} GU Update on scalping position prior to high impact news in a bit. {image} On Monday, GU marking its first daily decline this month. This trend continued into today, with GBP trading below 1.28. This shift is attributed to two factors: (this is fundamental - unless you dont use one , better to skip) Global Risk Aversion: A cautious sentiment in the market (increased risk aversion) made investors favor the stability of the USD. UK Economic Data: The latest data from the UK, including a slight rise in unemployment and a dip in wage growth,...Ignored
Disliked{quote} If you swallow some of that attitude i am willing to take you on as my student.Ignored
DislikedUS$ weakness? FF has a 2 pm EST release of the Federal Budget Balance Forecast -298.5B Previous -21.9BIgnored
Dislikedexpect GU hit 275x or 271x and run up, Gold exactly the same hit 2165 or better 2150 and run up for new highIgnored
DislikedIn this CPI report, i will be watching Shelter, Food, Energy, Cars, Apparel price changes. These numbers tend to be the main drivers of the market. Headline CPI will trigger a move just for a day or two. Like it happened on 13 February: Inflationary headline number (good for usd): {image} Deflationary CPI report (bad for usd): {image} We can see the bullish swing on GU D1 tf until the GDP data: {image}Ignored
Dislikedexpect GU hit 275x or 271x and run up, Gold exactly the same hit 2165 or better 2150 and run up for new highIgnored
Disliked{quote} Expecting Gold to 2114 in the next few days. However, everything will depend on the Quality of this CPI data.Ignored