Cable Update (GBPUSD)

The long position on GUm30 after 7am has survived without touching the stop loss. It's not a big move, but the daily line is still rising, so I'll leave it alone.

going sell on this cable. targeting 1.31745 demand. so yea lets see...

I completely forgot about the UK Bank of England policy rate. I'll change it to a trailing 7 pips.

Why is GBPUSD going up?

Daily/weekly resistance ~1.3475 while Euro being smashed from everywhere As I said before fake Euro upward movement and that money was pouring from gbp into the euro, now we're seeing the proof, as GU strengthening Euro loosing, even weaker than the dollar, GU going down will lead to more fall in the EU while upside is limited.

Opened a short on GBPUSD

Weekly close above 1.3388... invalidates 1.29. Current month already has 292 pips range of expected 450 pips pips.

Better than expected news for GBP because 4 members voted to hold rate while 5 voted for the cut. Still Carney will talk soon!

Things are about to heat up

Good GBP news

Not Good per say.
but wait for it.
3430 was not bad still didn't to sell.
and wait for 50-70 pip Drip,
remember tomorrow is weekend weekly positions adjustment.

looking great so far

Now limit 3380 , watching
Better pa eurusd , limit 1598, watching breakout 1640 and hold

crooky mf , gu is going up with dx , how crooky it can get ?

low rates are good news for gbp.. interesting
this is all bankers game.
They’re pissing on you and telling you it’s raining

I am short on GPBUSD waiting for the US data now lets see how it will play out

Me too

Sold 1.3435