Cable Update (GBPUSD)

Quoting Zebi

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{quote} no..every 1st world central bank saved the pound back in sept and oct. back then...ecb had to save the euro...japan saved its yen and boe saved the pound all by dumping dollars and buying their respective currencies cause of liz truss dumb ass I think but cant prove that even the fed was dumping dollars to give the world currencies some breathing room dipshits will tell you it was boe that did it all by itself but that doesn't explain why every currency was falling against the dollar that day and week and needed emergency coordination...

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Quoting Pat Chiko

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{quote} Oh Zebi, before I let you go for the weekends, I would like to ask you some newbie concern/ question. I hopw you can help newbie like to me to understand how you approach at data. Looking at it and analysisng it. Here is my doubt on your statement (marked RED above).: Did you seriously just pick one number, the PMI, to push this "USD strength" narrative? That's like judging a book by its cover! The PMI being above 50 is just one tiny piece of the puzzle. Where's the rest of the data, Zebi? Are you deliberately ignoring the high average job...

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Quoting Coreg2004

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{quote} Dear Leon, if I didn't know your honesty and integrity I would think you position yourself for the short side and knowingly try to mislead people here. {image} {image}

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Quoting Zebi

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regarding national debt...why is the yen still regarded as a safe haven currency compared to the dollar when their debt is over 250% of GDP and ours is at 130? {image}

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Quoting DimoProFm

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{quote} HAHAHA ...You don't know the mkt my bro, 39 pips uptrend NO........Watch the space !!.......the mkt is in for the main trend uptrend GBPUSD 2024 move, and the last 2 weeks it was a mkt pause downtrend move call it a small trend or micro trend, which ended Monday.....why mkt pause? 1. For mkt maker to book profits.2.For mkt maker to buy low at cheap price and of course, mkt maker has limited funds to run the mkt. There will be micro retracements yes, has mkt trades m15,1h,4h, until we see mkt hit another key reversal zone at a daily chart...

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Quoting jasonhingfx

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{quote} If you look into who owns the Japanese debt you'd find that they own their own debt (yeah it sounds weird). BOJ owns half of the Gov's Bonds as of end of 2022.

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Quoting DayLiquidity

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{quote} GBPUSD shows previous prolonged fill of orders thereafter consolidation a decent liquidity grab or price action to the upside that fails. With liquidity going short ending the distribution phase and currently GBPUSD is in the re-distribution phase.

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Quoting Zebi

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{quote} now that I'm done with my GU rant I remembered your post things have changed since last year... its not about rate hikes or cuts anymore and who will be first to cut...cause like I said earlier other countries in deeper and smellier shit than USA LOL its all about the economy now...i think I mentioned to you that a week or two ago?... so economic releases how healthy the economy is means more than inflation data....you haven't noticed price has been doing the opposite of inflation data releases for a couple weeks....that's why I...

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Quoting jasonhingfx

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{quote} If you look into who owns the Japanese debt you'd find that they own their own debt (yeah it sounds weird). BOJ owns half of the Gov's Bonds as of end of 2022.

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Quoting Zebi

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time for some longer-term zebi analysis you all know how dismissive I am of the pound... its a shit currency in its death throes partly but not exclusively because the British tards voted for brexit and the pound hasn't stopped falling since LOL people like to talk conspiratorial shit about American data how its unreliable but nobody ever mentions the shitshow that's in England since the vote LOL...are their data releases so much more believable??? ...its been down at the lowest almost 4000 pips when liz truss opened her dumb ass 2 years...

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Quoting oochiwaawaa

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{quote} i no ur kiddin so i laugh wit u oh daaaaamn! .... ur NOT kiddin r u ? uuuuuummm welll dis is alil embarament

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Quoting Zebi

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regarding national debt...why is the yen still regarded as a safe haven currency compared to the dollar when their debt is over 250% of GDP and ours is at 130? {image}

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Quoting oochiwaawaa

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{quote} wots the Euro zone debt level again ? i forget

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Quoting oochiwaawaa

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{quote} there R HOW MANY exchanges in full operation today .... 2024? oh yeah ofc MORE than just !!asian/london/new york!! hahahhaa and those !!other!! exchanges dont use money do they? uuuuuuuuum i think they use gold streaked leaves or somethin right? coz theyr not as !!developed!! as !!asian/london/new york!! right???? gotta luv persons who probbly use $$$ all teir life but have no clue wot it is. beep bopp boop beep bopp bopp .... oh look da chart moved

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Quoting Zebi

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{quote} nope...im serious ..that's why dollars bullish on all charts

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Quoting Zebi

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{quote} I'm American so don't care that much about foreign country problems except how it affects the dollar and the chart tells me they fooked too LOL

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Quoting oochiwaawaa

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{quote} ooook but i dunno wot !!metrics!! u use oh i mean !!matrix!! oh so sorry i mean !!correlation!! oh nnoooo so soorry again ... da !!US!! dont book its own profits off da bak of !!bullish USD!! HAHAHAHAHAHA omg!! u no ... in sum areas of life a high USD is !!!bad!!!! 4 business ...... mmmm ... yes ..... not a good way 2 have it me thinks!! so chart can !!paint whatever!! but dat not da real way of it.

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Quoting DayLiquidity

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{quote} What is on your bank is now being used. GBPUSD probably short i would say. {image}

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