H4 channel... still in the middle..
50/50 chance of breaking out of channel to zone .415
50/50 chance of breaking out of channel to zone .415
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
Dislikedwhy is EU moving up +20 pips??? Hmmmm.. If EU was at 1.3800, GU = 2.0475/80Ignored
Dislikedwhy is EU moving up +20 pips??? Hmmmm.. If EU was at 1.3800, GU = 2.0475/80Ignored
DislikedThe retail statistics for June are a bit off but I suspect the real economy is hurting much worse
I believe 2 months of the most appalling summer weather I have ever seen will hurt farmers and the small businesses which make up the bulk of the economy. My house in the UK and everyone else's houses are not selling - there is a forest of 'for sale' signs.
These things are apparent on the street long before they hit government statistics.
So I believe the UK economy will slow but inflation can be independent of economic activity in the short term so I reckon the interest rate hike is still coming - the inflation numbers are too strong to do otherwise.
But this GBP/USD story is certainly not based on the UK economy's strength - its all about interest rates and they are going up ...Ignored
Dislikedwhy is EU moving up +20 pips??? Hmmmm.. If EU was at 1.3800, GU = 2.0475/80Ignored
Dislikedthanks for compliments,
one more trade suggestion golden oppurtunity,
sell aud usd at .8800 n take profit at .8720
audusd is always my favourite,i m on the trade n wil let u why if i get my profit,
n also it will be urs too when i will explain u why it is my facourite,
lord of fx"Ignored
DislikedSome people still haven't heard of EURGBP even after all my posts on it
P.S. There is no tangible correlation between the DAX and the USD.Ignored
DislikedTell me more pls?
Maybe it goes down to below 2.0300s...then you will stop calling it to go up?
LOL.Ignored