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Cable Update (GBPUSD)

  • #874,441
  • May 6, 2026 6:48am May 6, 2026 6:48am
Quoting Yngwie
Long 1.3590 SL 1.3575 TP 1.3655
close 50p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #874,442
  • May 6, 2026 7:15am May 6, 2026 7:15am
Trump says war could end if Iran accepts proposal
The US president has warned that US bombing of Iran will resume at a “much higher level and intensity” if Tehran fails to comply with a deal to open the Strait of Hormuz.

“Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective Blockade will allow the Hormuz Strait to be OPEN TO ALL, including Iran,” Trump wrote in a Truth Social post. “If they don’t agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before,” he said.

EU down 42p, GU down 32p, CrudeOIL back up by $7.5...
  • #874,443
  • May 6, 2026 7:19am May 6, 2026 7:19am
Quoting Guy1969
Trump says war could end if Iran accepts proposal The US president has warned that US bombing of Iran will resume at a “much higher level and intensity” if Tehran fails to comply with a deal to open the Strait of Hormuz. “Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective Blockade will allow the Hormuz Strait to be OPEN TO ALL, including Iran,” Trump wrote in a Truth Social post. “If they don’t agree, the bombing starts, and it will...
It'a crazy. I believe in EU short but don't know anymore. My chart tells me it will be night impossible to break 1840 area without price falling to 1550 area. These tweets and counter tweets are disturbing.
  • #874,444
  • May 6, 2026 7:24am May 6, 2026 7:24am
Quoting Mitiblotch
{quote} It'a crazy. I believe in EU short but don't know anymore. Mu chart tells me it will be night impossible to break 1840 area without price falling to 1550 area. These tweets and counter tweets are disturbing.

Tweets are the lesser of two evils... what is someone who trades the yen and has to reckon with sudden interventions supposed to say?
trading is like dancing, don't think and just listen to the music!
  • #874,445
  • May 6, 2026 7:27am May 6, 2026 7:27am
Quoting birdland
{quote} Tweets are the lesser of two evils... what is someone who trades the yen and has to reckon with sudden interventions supposed to say?
That's another horrible one.
  • #874,446
  • May 6, 2026 7:28am May 6, 2026 7:28am
Quoting birdland
{quote} Tweets are the lesser of two evils... what is someone who trades the yen and has to reckon with sudden interventions supposed to say?
That's the BoJ's own doing, they persist with negative rates, so the market keeps punishing them. That said, there are key Yen levels when reached, best to stay on the sidelines.
  • #874,447
  • May 6, 2026 7:51am May 6, 2026 7:51am
Quoting Guy1969
{quote} That's the BoJ's own doing, they persist with negative rates, so the market keeps punishing them. That said, there are key Yen levels when reached, best to stay on the sidelines.
These so-called key levels could be smashed by the BOJ at any time, without any tweets, Trump or Iran ;-)
trading is like dancing, don't think and just listen to the music!
  • #874,448
  • May 6, 2026 7:54am May 6, 2026 7:54am
‘Too soon’ to think about in person talks, Trump says
Speaking to the New York Post on whether in-person negotiations between Tehran and Washington could take place in the near future, the US president said it was “too soon” to consider such a prospect.

Now that he made his money, his tune changes...
  • #874,449
  • May 6, 2026 8:07am May 6, 2026 8:07am
I see the majority of trouble makers have disappeared looks like its worth posting regularly in this group again
  • #874,450
  • May 6, 2026 8:28am May 6, 2026 8:28am
Long 1.3605
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #874,451
  • May 6, 2026 8:40am May 6, 2026 8:40am
Going long risk here.
  • #874,452
  • May 6, 2026 10:23am May 6, 2026 10:23am
My H1 projection takes GU to 1.3673
  • #874,453
  • May 6, 2026 10:55am May 6, 2026 10:55am
Current H1 range.
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  • #874,454
  • May 6, 2026 12:09pm May 6, 2026 12:09pm
France and its partners can make Hormuz Strait secure: Elysee
French President Emmanuel Macron’s Elysee office says that France and its partners can make the Strait of Hormuz secure.
France would like the question of the strait to be separate from current talks between the US and Iran, it added. France’s military said earlier that the Charles de Gaulle aircraft carrier group was moving into the Red Sea and Gulf of Aden, as part of efforts by France and the UK to prepare in case of a future mission to help freedom of navigation in the Strait of Hormuz.

I suppose this means NATO finally woke up.
  • #874,455
  • May 6, 2026 1:03pm May 6, 2026 1:03pm
Quoting Guy1969
France and its partners can make Hormuz Strait secure: Elysee French President Emmanuel Macron’s Elysee office says that France and its partners can make the Strait of Hormuz secure. France would like the question of the strait to be separate from current talks between the US and Iran, it added. France’s military said earlier that the Charles de Gaulle aircraft carrier group was moving into the Red Sea and Gulf of Aden, as part of efforts by France and the UK to prepare in case of a future mission to help freedom of navigation in the Strait of Hormuz....
Macron is just a clown. How does he do anything without the US? Today he is against the US, tomorrow he isn't. How do they intend to get in there and open the Strait which the US is using as a bargaining chip in their talks with Iran? Therr is no NATO without the US. They hardly have enough cojones to do anything serious.
  • #874,456
  • May 6, 2026 1:04pm May 6, 2026 1:04pm
US military fires at Iran-flagged ship in Gulf of Oman
The US army says its naval warplane in the Gulf of Oman fired on and disabled the rudder of an Iran-flagged oil tanker that tried to break the US blockade of Iranian ports.
It said US forces warned the ship that it was in violation of the blockade, but its crew “failed to comply with repeated warnings” so a US F/A-18 Super Hornet “disabled the tanker’s rudder by firing several rounds from [its] 20mm cannon gun”, CENTCOM said in a post on X. It added that the ship they targeted is “no longer transiting to Iran”.
  • #874,457
  • Edited 7:34pm May 6, 2026 7:07pm | Edited 7:34pm
Quoting Mitiblotch
{quote} It'a crazy. I believe in EU short but don't know anymore. My chart tells me it will be night impossible to break 1840 area without price falling to 1550 area. These tweets and counter tweets are disturbing.
Hope not as target not meet yet at 1930+ , continue life over limit down 1638.take care
Immediate daily target 1827 while support 1710!!
And if limit intact may impulse up for targets+ without much correction attempts , that is strong bounce possible !! Similarly usdx though signal reversal at 100.34 but not success yet at 101.79 , and as limit already broken down in the correction ,it should breaks down 96.35:+ before ready bounce again .
So minimum 1-2 weeks, say 2-4 play likely in the same direction !!
So some European countries come forwards to strengthen US position in the war !!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #874,458
  • May 6, 2026 9:02pm May 6, 2026 9:02pm
EURUSD_H1, my long target is 1.1825 today.
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  • #874,459
  • May 6, 2026 9:06pm May 6, 2026 9:06pm
Quoting Yngwie
Long 1.3605
close BE
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #874,460
  • May 7, 2026 12:28am May 7, 2026 12:28am
Dxy well protected by 98 and not on the first time lately.. beware.
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