Cable Update (GBPUSD)

Be careful, all ADR readings will be out of whack given the recent P/A, at the current momentum, 1.3100 is not out of the question. Watch this S/R zone for the DXY. Good Luck

closed 15p

GJ profit taken at 19303. Gong to sleep now

It is safer to be with the trend.

For the hourly timeframe, i would prefer to take long positions at lower levels. DXY and EU should be referenced closely.

What have trump done sell limit 1.3100

Careful mate. The Great Man wants a lower Dollar

UJ.

short 1.3064, 15 lots

All out, closed my last 2 GU long positions @1.30770.

Before any shorts, I'm watching the lower zone on DXY for clarity.

I'm now long UJ, target 149.300

No bearish 4hr candle until at least 1.3100 is my bet

I am again assuming that the people who are selling dollars, are not buying pounds. As everything I'm told as to why the dollar is being sold, we are already neck deep in. Why would you sell the WRC due to recession fears and buy the currency of the 3rd world economy that has been in a recession for years? The dollars are being sold for other things.

Morning all! Yen pairs are killing it! UJ maybe over sold however it’s near 147 so from a psychological zone perspective I’ve gone long here maybe see a correction toward 148

Looking to go long, but very week signal at moment.

Long in at 1.3090 target 1.3107

So far the pattern seems to be, sell the dollar like crazy in the first few days of the month, then consolidate in a 100-120 pip range for the rest of it.

stops activated at night, part of the game, shorting one more time 3090, bigger short, price blows last hights, in my opinion still lower prices snd pivots will be met