Cable Update (GBPUSD)

Quoting Zebi

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{quote} HOOOLY SHIIIIT i havent checked in for couple days and had to do a doubletake when i seen ferna post after a year and a half LOL first nubcake now ferna...this rooms gona be rockin and rollin back to the number one spot LOL im gonna have to start checkin in more often

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Quoting Abeylyn

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{quote} Price is not yet matured to breakout to either direction Buy/Sell. This is an issue of a mother trying to born more babies within a single cycle. For now, I still remained long term bullish and price may likely revisit the yesterday Internal Swing low again at 1.3110/ 1.3125 zone before a final boom. However, I may change my mind to Sell as soon as a shift in momentum is sighted... Let keep calm as price re-visit 1.3180/1.3195 zone. Mitiblotch, please come up with your analysis. Thanks dear brotherly.

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Quoting Nordling

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{quote} It's funny they always return at the same time

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Quoting ricmaj

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{quote} GU will become bullish once breakout of 1.3195 occurs aside of that Bearish till will can get near 1.29155

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Quoting ricmaj

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{quote} GU will become bullish once breakout of 1.3195 occurs aside of that Bearish till will can get near 1.29155

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Quoting Mitiblotch

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Well, I have just sold 3125 targeting 50% fib retracement on the weekly which sits at 2944 area. This is just being ambitious. However, I feel that 38.2% was pierced initially and that means the next fib at 50% usually has to get hit. If we can break down the weekly pivot at 3111 then the fall can accelerate. Tired of waiting so let's see if my dream happens. {image}

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Quoting Pat Chiko

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{quote} CABLE Blimey! That short moved faster than a pint disappearing on a Friday night. {image}

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Quoting Pat Chiko

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Watch out the news {image} These speakers don’t move the market at all So, rate cuts likely, but inflation still a concern. Classic Fed language: soften the stance, but keep optionality. The pivot is coming — just not without caution. Between a rock and a hard place. I think they will ease again.

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Quoting M31

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{quote} House of Representatives vote is today, in the afternoon. The fed shutdown vote

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Quoting M31

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{quote} House of Representatives vote is today, in the afternoon. The fed shutdown vote

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Quoting Pat Chiko

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{quote} Wow.......... NY session could then be very interesting but also very sexy & volatile. noted that, procedural votes can shift quickly. Then, with a House vote to end the shutdown would be the definitive catalyst to remove a massive macro overhang and ignite a powerful risk-on rally across all markets.

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Quoting Pat Chiko

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{quote} 4PM ET ?

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Quoting M31

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{quote} ABC has it as this, The House is expected to hold first votes shortly after 5 p.m. ET on Senate-passed legislation to reopen the government with a final vote after 7 p.m. https://abcnews.go.com/Politics/hous...y?id=127421219
Volatility tomorrow maybe?

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Quoting M31

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{quote} It might do, 1200 flights cancelled yesterday and with Thanksgiving so close it has to end soon

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Quoting Pat Chiko

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{quote} The butterfly effect seems to be reaching its critical point... Or as Homer would say, "critical moment yet" Who is Homer ? Simpson ?

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