Cable Update (GBPUSD)

wowwwwwwwwwwwwwwww
hit 9996 in my broker
i want short...

looks like we will see somtn above 2 bucks

boombastic now at 1.9990

will it break 2 or will we see it fall due to big resistance no doubt around $2 area?

Well, We can say it's a 2.00 ?

I am getting signals for short...... Everything seems like short but i am hesitant to go against the trend.

good for short now any tips

with a possible rate hike next month, would cable be good for more longs?

I too dont want to short even though very tempted.

However if we do break $2 resistance I can see cable going up and up

Super strong CPI like this leads the market to be sure about a next rate hike. We have to SEE FIRST what is the "hike's price" before jumpping in shorts now.

This is not a stop hunting move!!!!! This is market pricing in a rate hike

I think its better to get a hold of ourselves first. Long is still possible since the bull still powerful. Besides if the trend turns.. we still have a lot of time to catch up.

2.0 traded....

Wow... finally the 2.0 ghost is history

And we have a touchdown!!!!

i am waching for fresh longs here, looks like we wil make historical prices here on cable

20050 anyone?
8:30am USD CPI m/m 0.6% 0.4%
8:30am USD Core CPI m/m 0.2% 0.2%
8:30am USD Housing Starts 1.50M 1.53M
8:30am USD Building Permits 1.51M 1.53

It's no man land now. Standing aside for now.

Scalped a short when it spiked above 2.0000, hoping for the 50% retrace of the news move - out when it stalled at the 38% level....now flat, watching...

Would stronger than predicted US data bring it back down to sub 1.99?

Trojan Virus Alert AGAIN

virus for me too. Guess someones not happy about $2 being hit.

Ya. Now FF is taking 800 MB of RAM from me.