Cable Update (GBPUSD)

Quoting Yngwie

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{quote} {quote} let small lot run. TP 1.3110

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Quoting Zebi

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{quote} iron...i didnt play this very well or smart...i knew the fed was announcing so i should have waited till afterwards to add longs instead of before in the morning but have to take my system signals {quote} we're so past hikes or cuts now...price shud return to where it was at the announcemt by friday or at latest sunday nite everything revolves around tariffs and the tax cuts...i said few days ago im building a position off daily chart so if price closes tmoro above 3307 off daily chart ill be sittin golden...

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Quoting Zebi

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just like during the 1800's during the manifest destiny era when americans kept killing the indigenous indians and stealing their lands the national refrain was to GO WEST, YOUNG MAN...its pretty much the same with forex GO LONG , YOUNG MAN we have an imbecile trashing the economy with tariffs so you dont want to own dollars so dodge the arrows till the midterm elections when sanity shud return

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Quoting Waveskierrob

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...is it just me that sees UK, EURO and US indices at an all time high... {image}

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Quoting MrFanciful

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{quote} I believe the average time from the 10yr - 2yr un-inverting to the start of the recession is about 11 months. It un-inverted 12 months ago, so we could very well be looking at the melt-up before the fall. {image}

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Quoting Fxvolatility

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{quote} Dollar is bearish and losing value, due to news data, and this guy wants to short GbpUsd, classic.

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Quoting ChiForex

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Here we go folks: Very important update for Monthly/Weekly I'll like to focus on weekly first as the monthly is mixed for a retracement to upper levels. EU: Good sell orders can be placed 1.1570s(weekly)-1.1670s(for monthly), for daily 1.1480s, while buy orders are tricky before next weekly candle but a safe bet can be at 1.1280s if falls toward there today. GU: Good sell orders on daily start 1.3270s, weekly is the safer bet 1.3330s, while for monthly I prefer to wait for next weekly candle. While buy orders are safe bet at the flat 1.30 level...

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