GOLD_H1.
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Cable Update (GBPUSD)
- #871,723
- Feb 5, 2026 12:32am Feb 5, 2026 12:32am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote} Buy trade in at 1.36934. Have a great week. {image}
- #871,725
- Feb 5, 2026 1:17am Feb 5, 2026 1:17am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
BoE Holds Steady: Pound Under Pressure!
The Bank of England has spoken! Rates remain unchanged at 3.75%, as Governor Bailey performs a delicate balancing act between sticky 3.4% inflation and slowing economic growth.
The "Cable" (GBP/USD) is currently testing lower ground near 1.3610, as some traders were disappointed by the lack of a more aggressive hawkish stance. With the US Dollar regaining its footing and global risk-aversion picking up, we’ve seen the Pound slip from its recent highs. All eyes are now on the BoE press conference for clues on the April meeting!
Today’s Trading Strategy:
Resistance: 1.3660 & 1.3715 Support: 1.3550 & 1.3520
Sentiment: Bearish/Neutral – Watch the 1.3550 structural support. If that breaks, we could see a deeper slide.
to err is human
- #871,729
- Feb 5, 2026 3:47am Feb 5, 2026 3:47am
GBPUSD_H1. I'm in no hurry to buy this pair, we have BoE coming up later today. The dollar has the H4, GU still has the D1. When the buy comes, I'll trade into the pivot. My ideal long would be 1.3560 {image}
- #871,732
- Feb 5, 2026 3:57am Feb 5, 2026 3:57am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
Where are my two besties now...
- #871,733
- Feb 5, 2026 4:01am Feb 5, 2026 4:01am
- Joined Aug 2018 | Status: Research Analyst | 4,290 Posts
Data + Stat + Risk/Emotions Management
- #871,735
- Feb 5, 2026 4:08am Feb 5, 2026 4:08am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
GU didn't give me a good sell today , very sad looks like I missed the move today. I hope some of you managed to catch it !
- #871,736
- Feb 5, 2026 4:16am Feb 5, 2026 4:16am
- Joined Apr 2020 | Status: Trader | 8,805 Posts
Trader with an Edge.
- #871,737
- Feb 5, 2026 4:22am Feb 5, 2026 4:22am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} I know of two on this thread that definitely didnt catch it... {image}
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #871,738
- Feb 5, 2026 4:25am Feb 5, 2026 4:25am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
Hello. Back from hols, for a while @ least. Having a year of them this year, so won't be around much. Nice strong intraday move down today so far, with some buy the dip demand(re dly/wkly uptrends,) being met @ the CDL/CWL - this @ the prev 1hr/4hr/dly sw hi zone = pot rbs that starts @ 3568. 128% of 30day adr travled already so far today. and today's current main move down is the 2nd downside b/o of 3642 LWL. Nice downside follow-thru of last wk's wkly pinbar close so far this week. We'll see what the Boe/Mpc does later. wkly then dly below {image}...
- #871,739
- Feb 5, 2026 4:28am Feb 5, 2026 4:28am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
{quote} {image}
