Cable Update (GBPUSD)

Lets dance the market

The dollar still has the H4 momentum, I therefor maintain a bearish bias > 1.3360

Look at the 1-month chart, the price bounced off the 50 Fibonacci level, from a high of 0 to a low of 100. Trump's tariffs will raise prices in the US, leading to an increase in the CPI. If the CPI does rise, the dollar will strengthen in the near future because the Fed will hold off on cutting rates.

3400-3370 looks clear for me

Gu Buy @1.34294 Sl 15 Tp 1.34750

3300 could be a target basis the weekly chart....imho...

3450 done , H1 test moved to 3470, if break we will see strong bull, if not 3370

go bounce go before NY open . target maintaining for eurusd 1700 and gbpusd 3464 before that . so at high level before news high impact may face with further ups minimum to bigger down if !
if now stagger then may start short for weakness !!

Too staggering still , go up further to absorb the shock with 3368 low next , daily bounce no do hopefully yet , near 3 hours time to play more bounce !!
Over 3460/64 minimum go up before news !!

Sold 1.3455 SL 1.3465

the drop is coming mf , come on mister goldi

Eurusd posing very risky before news ! Take extreme care if want play it!
Gbpusd also not enough bounce do far ! Though more space up possible similarly may down and direct bear continue possible!!
Will check 1 hour after news then !!
Apparently news can be negative though !
Will watch for 1696 breaks up eurusd and 3467 up gbpusd to see

news. closed 13p

Come on

TP hit for 120p. Still holding GJ and EJ.

Taking partial profit on GJ 85p, and EJ 70p. Holding 2 more long positions on each.

Yes

bear continued if settle 3400 then limit up 3427. anyway target bear 3368
now correction if then minimum 3414 , tl 3419 , limit 3427 no easy settle year ., near bear target though , signal breakout up 3404 as signal for next bounce if ! watching