Cable Update (GBPUSD)

Expecting pullback to ~100.5
Bought eu 1.135

Did GU today, haven't traded this pair more than a year haha

Ak47 this one for you

Long 1.3160

5' --- We are very close to 1.31 50 . . . Aren't we. . . . ?

Dxy

Closed. Sold 1.3157

DXY.H4. Out of control. we can expect a tweet from Trump at some point on the dollar's strength. I broke even on GU, and -30 on EU. It's US PCE tomorrow, so I'm on the sidelines till then. This can only be the market responding to a hawkish FED.

5' --- Target reached . . . . I don't say it won't go lower. . . . BUT I collect my chips here, NOW. Thank you.

update:
check it by yourself

closed.

THE DIAMOND SETUP ...... the best patience meter in this bussines.
Well, with 3163 violation, green light is on .........

The trade.

Any questions feel free to ask guys

Long 1.3158 SL 1.3138

OR maybe Trump has no choice but to support Warsh...

The Fed delivered a hawkish surprise by projecting a rate hike this year (the consensus was for no cuts or hikes). The market increased rate hike bets with now 42 bps of tightening priced in by year-end. There's a 36% chance of a hike already in July and 72% probability of a move in September.
The economic data and financial markets will now guide the Fed as Warsh stated that “financial markets perform best when they react to incoming data and are less efficient when they have to ask how the Federal Reserve will react to the incoming data”. He added that “financial markets are the most important source of information to guide the central bank”.

Trump also posted on Truth Social and, unlike his usual stance under Fed Chair Powell, did not object to the Fed’s decision. In fact, he said that “rate hikes could happen,” which sounds like a green light for Warsh and the Fed to do whatever they deem necessary.

The signal is that the Fed is finally looking to deliver on its price stability mandate and bring inflation back to the 2% target that it’s been missing since 2021. If the data says they need to hike, they will. This should keep weighing on gold at least until the next set of economic data. For a decent pullback, gold will need soft US data in the next weeks to trigger a dovish repricing that pushes real yields and the US dollar lower.

The same can be said for risk assets broadly.

Closed. Sold 1.3150

guys who reported my account and got it suspended? talk to me in the DM lets see what is the problem

closed. thats all today

Last trade Sold 1.3165 SL 1.3175