Cable Update (GBPUSD)

Quoting Zebi

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{quote} markets are forward looking and discount the future ...so none of that good shit right now means anything a year from now so with the dollar falling exactly the time trump was sworn in... the world thinks he'll screw things up for America pull up a monthly dollar chart and mark where it was during his last term and that's where its going to the next 4 years {image}

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Quoting Pat Chiko

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{quote} Bro , asking you again Are not tired of winning. ??? Getting a thumbs down is rare these days. {image} Waveskie and I have been competing for the past few years to see who could rack up the most. This year, neither of us got a single thumbs down. Congrats, bro! You’re the winner – scoring a fresh thumbs down in a time when thumbs up are handed out like candy!

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Quoting Mitiblotch

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My broker gave sell call this morning at 2525 with SL at 2560. This was before price got here. From anecdotal evidence I have noted that peice usually gets to their entry and hits above the SL by about 35 pips. 35 pips above 2560 is 2595 Let's see how it goes.

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Quoting teprewitt23

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i believe this GU price action may be futures rollover beethoven {image}

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Quoting teprewitt23

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{quote} nope just an old, skilled laborer trading forex

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Quoting thevisitor

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for me no selling i see 1.2650 buying the dips

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Quoting thevisitor

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{quote} may 1.2680 longs in play

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Quoting ThaoAnh

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{image}

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Quoting W0lfram

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Jan'24 has its lowest range - 199 (and lowest since 2001, prev. was Nov'19 - 215 pips) Feb'24 has its lowest range - 255 (I use CME data) Feb. 25% - 364 median - 537 So range between these values is a fair expectation {image} ps. 4th in a row or bullish one?

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Quoting Zebi

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price may retrace to todays daily candle midpoint and if it does I hope the brits will stop bein scared and buy up the GU cause us americans will LOL

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Quoting Nala66

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{quote} I see your snake charmer boss has been messing with the map again. {image} The whole world is laughing at you. The only thing politicians respect is the office not the person because that is where the money is. This convicted crook has been bankrupted SEVEN times and still you keep falling for his bullshit. What's the price of eggs this week...? Who wants to buy US when the dollar is so high?

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Quoting teprewitt23

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good day GU traders yesterday's price action broke and closed above the 2-5-25 high, but there is significant resistance from today's close to 1.2614. a daily close above that level increases the probability for price to reach 1.2727-1.2811 resistance and a zone of price imbalance. GTC GU limit buy order @ 1.2486 or better to add another long position. holding longs from 1.2165, 1.2245, 1.2377, 1.2423, and 1.2457. price, daily bars, small positions, ladder into trends, catalyst is inconsequential, fundamental's are subjective....

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Quoting W0lfram

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Weekly ATR(14)=221 is done. {quote} Monthly estimated ~364 = 1.2612+ Friday: at least 80-90 pips. Which is typical, but distribution is shifted... Condition - 3 days:100+pips each, 4-? {image} $Index. POC cluster {image}

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