Cable Update (GBPUSD)

Quoting M31

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might be drama in a couple of days, Fed watch was gone the other way on a cut now due to lack of data and cpi price data not collected, means its difficult to carry forward to next month's data calculations, employment data may never be released, Feb members are hinting at waiting for data{image} https://www.reuters.com/business/odd...ff-2025-11-13/

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Quoting Nordling

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{quote} If they don't cut, they are putting economy on the edge of a stagnation if not a recession. US equities look risky until we have our hands on the official data. I guess that's why US equities are performing poorly today. FED needs to make it's mind, will they risk an economic slowdown just to bring inflation down to 2% from 3%? Or will they let the inflation slide and focus on the economic activity? What we have so far; Challenger & Gray reported record number of layoffs in October, and over 2 million layoffs throughout the year which is...

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Quoting Pat Chiko

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{quote} Bro. Typically, a weakening job market signals economic slowdown, increasing odds of Fed rate cuts to stimulate growth. However, if inflation remains sticky or other factors like fiscal uncertainty (e.g., potential government shutdown) arise, the Fed may pause cuts to prioritize inflation control. Recent data shows December cut odds at ~65%, down amid these concerns, despite softer employment figures.

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Quoting Nordling

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{quote} That's why i think they are playing with fire with those hawkish signals. Most of the leading economic indicators and leading sectors are looking bleak, FED is kinda downplaying what is happening by only focusing on the lagging data (that are not even out yet) + worrying more about the inflation lately. Indeed inflation is a problem that sits at 3% and going up, but is it a bigger problem than a recession? FED's gotta pick up the signals

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Quoting Waveskierrob

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{quote} I love drama...

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Quoting Pat Chiko

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{quote} If Powell wants to fuck Trump, he won’t cut rates. At this point it’s all politics.

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Quoting Pat Chiko

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{quote} Rather than take action on lagging info, the FED with all the resources at its disposal should take proactive strategy to forecast reliably future inflation rates , set future interest rates rather than look at lagging info. Maybe appoint Zebi as FEDS Chair, so he can fuck Trump

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Quoting Coreg2004

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{quote} Pat, do you remember when the FEDS cut the interest rates in 2024 before the election during the so-called transitory inflation?

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Quoting Waveskierrob

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{quote} Maybe Zebi and Wavegarrick could run it together...{image}

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Quoting Pat Chiko

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{quote} No way man, its going to be nightmare, bad data will dissappear just like bad TE......... No data, no action...?

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Quoting Waveskierrob

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{quote} Wavegarrick is the best trader I know, who else could go LONG when the market goes SOUTH and still be +1600 pips up... {image}

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Quoting Waveskierrob

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{quote} Wavegarrick is the best trader I know, who else could go LONG when the market goes SOUTH and still be +1600 pips up... {image}

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Quoting T721

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gbp/usd before n after posted this in tg room Sunday... worked out well but dont think anyone other than me was in... also posted g/cad another good trade and yet no one took it. i wonder why i bother sometimes {image} {image}

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Quoting chipsngravey

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{quote} Keep it up Mr T

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Quoting T721

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gbp/usd before n after posted this in tg room Sunday... worked out well but dont think anyone other than me was in... also posted g/cad another good trade and yet no one took it. i wonder why i bother sometimes {image} {image}

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