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Cable Update (GBPUSD)

  • #818,361
  • Mar 22, 2024 2:08am Mar 22, 2024 2:08am
GBP/JPY seem to have reacted at Support, but whether this is the start of another rally or just a retracement, that I'm not sure of.
  • #818,362
  • Mar 22, 2024 2:11am Mar 22, 2024 2:11am
Quoting Whatevs
GBP/JPY seem to have reacted at Support, but whether this is the start of another rally or just a retracement, that I'm not sure of.
maybe a correction not a retrace before a further move down
Insane in the Brain..
  • #818,363
  • Mar 22, 2024 2:16am Mar 22, 2024 2:16am
Quoting BeeTogether
{quote} maybe a correction not a retrace before a further move down
Yeah yeah, that's what I thought. Retracement of this short or perhaps retracement of daily rally and then another rally now. We'll see...
  • #818,364
  • Mar 22, 2024 2:17am Mar 22, 2024 2:17am
Quoting Botan626
{quote} They were grateful how?
In ways that won't make Scala, or your mum, jealous. So don't worry yourself over it.
Congratulations ScalaFX for coming out of the closet!
  • #818,365
  • Mar 22, 2024 2:21am Mar 22, 2024 2:21am
ECB'S NAGEL: JUNE CUT HAS A HIGHER PROBABILITY THAN APRIL.

Yep!

Three main CB cutting in June: Fed, ECB and BoE.
  • #818,366
  • Mar 22, 2024 2:31am Mar 22, 2024 2:31am
Quoting Whatevs
ECB'S NAGEL: JUNE CUT HAS A HIGHER PROBABILITY THAN APRIL. Yep! Three main CB cutting in June: Fed, ECB and BoE.
Only if they abandon their 2% inflation target but if they all do it, the status quo is preserved.
  • #818,367
  • Mar 22, 2024 2:35am Mar 22, 2024 2:35am
Quoting BeeTogether
{quote} Stripes! Great film! so Pat in the world of waves and ups and downs I have molested your chart with a potential scenario of how I see things could play out. Unless Truss or Kwazi invade Downing Street {image}
Dont follow it trust me
  • #818,368
  • Mar 22, 2024 2:36am Mar 22, 2024 2:36am
Hello guys i am confused need FOMC meeting minutes of march 19-20
can someone please send the link to download the minutes published on 20 march 2024
thanks guys.
Don't compare your Trades with Others
  • #818,369
  • Mar 22, 2024 2:36am Mar 22, 2024 2:36am
1.256xx is the level I am looking at
WARNING: This post warps space and time in its vicinity.
  • #818,370
  • Mar 22, 2024 2:37am Mar 22, 2024 2:37am
Quoting dantpm
{quote} Only if they abandon their 2% inflation target but if they all do it, the status quo is preserved.
Central banks abandoned the fight against inflation. They will start cutting rates in June because the economy cratered and Fed has to keep US economy barely alive until either presidential candidate is selected or selected before the official selection (if Trump goes down before the selections for example).

Bailey was talking shit about getting inflation to 2% and yesterday he changed the course and said BoE is likely to start cutting soon with inflation still at 3.4%. That tells you everything you need to know... it's all a deal between central banks and the notion SNB cut rates yesterday CONFIRMS that other CB will start as well.
  • #818,371
  • Mar 22, 2024 2:40am Mar 22, 2024 2:40am
Quoting Zebi
long UJ 151.59 tp 152.20 goin to bed ill wkae up in 5 hours see how things are going
im up like i said...unfortunately im not sleepy anymore so may have to stay up

im disappointed UJ hasnt followed the dollar but looks like UJ is waking up now LOL

btw...where all the dollar bears and haters?

this is your chance to knock the usa down a peg by shorting it so it doesnt close above that red ride on weekly
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short trump and go long the deepstate
  • #818,372
  • Mar 22, 2024 2:42am Mar 22, 2024 2:42am
Quoting Whatevs
ECB'S NAGEL: JUNE CUT HAS A HIGHER PROBABILITY THAN APRIL. Yep! Three main CB cutting in June: Fed, ECB and BoE.
They are selling the dream (daydream!) to keep the market cycle alive, IMO.
Success = Practice + Patience + Persistence
  • #818,373
  • Mar 22, 2024 2:42am Mar 22, 2024 2:42am
Quoting Zebi
{quote} im up like i said...unfortunately im not sleepy anymore so may have to stay up im disappointed UJ hasnt followed the dollar but looks like UJ is waking up now LOL btw...where all the dollar bears and haters? this is your chance to knock the usa down a peg by shorting it so it doesnt close above that red ride on weekly {image} {image}
USD was slightly stronger than JPY yesterday, which means JPY is getting stronger.
  • #818,374
  • Mar 22, 2024 2:42am Mar 22, 2024 2:42am
So watching for 2570 /60 support areas! May extend as low as 2532! Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #818,375
  • Mar 22, 2024 2:43am Mar 22, 2024 2:43am
Quoting fxpider
{quote} They are selling the dream (daydream!) to keep the market cycle alive, IMO.
You think central banks are lying again and will actually start another hiking cycle?
  • #818,376
  • Mar 22, 2024 2:44am Mar 22, 2024 2:44am
you dollar haters are a disappointment

get back in there and sell sell sell

Inserted Video
short trump and go long the deepstate
  • #818,377
  • Mar 22, 2024 2:49am Mar 22, 2024 2:49am
If Powell puts an emphasis on rate cuts coming soon, perhaps GBP/USD can recover some today.
  • #818,378
  • Mar 22, 2024 2:52am Mar 22, 2024 2:52am
Gonna buy, aiming for a pullback towards ~1.27
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Air force
  • #818,379
  • Mar 22, 2024 2:53am Mar 22, 2024 2:53am
Quoting Zebi
you dollar haters are a disappointment get back in there and sell sell sell https://youtu.be/i2uu6NF2inY

The British Empire never went away, it morphed into what Putin calls the Anglo-American Empire. But I'd call it the Anglo-Euro-American Empire....
Don't Leave Money on the Table
  • #818,380
  • Mar 22, 2024 2:54am Mar 22, 2024 2:54am
Quoting Zebi
{quote} im up like i said...unfortunately im not sleepy anymore so may have to stay up im disappointed UJ hasnt followed the dollar but looks like UJ is waking up now LOL btw...where all the dollar bears and haters? this is your chance to knock the usa down a peg by shorting it so it doesnt close above that red ride on weekly {image} {image}
I have a resistance on DXY at 105.7 I think, Weekly.
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