yes I agree. I'm not looking at a total reversal indeed. maybe will not even go higher than 1.25 let's see

Cable Update (GBPUSD)

nice to see you in here have very similar entry + target let's see hopefully will play out before the CPI so today / tomorrow

Cable Update (GBPUSD)

h1 candle shows exactly what I expected -> not yet ready to go into 1.23 area. let's see if continues upward. will be satisfied to target into 1.25 area

Cable Update (GBPUSD)

out of my short. switched to long. might be a mistake SL below low TP I don't know. maybe 1.28 again? will decide later during the week. first thing has to get into 1.25 area

Cable Update (GBPUSD)

weren't you, as a professional, accumulating buy orders in the 1.2530 area? so now, after the deep drawdown (since price could meet back the 1.25 area next quarter or end of the year ), you come stating in bold (again) the best area ...

Cable Update (GBPUSD)

I guees the BOJ is selling JPYs LOL The UJ thing could keep rising more and more and more Anyway, I'm not involved in the isntrument atm so.... just watching

Cable Update (GBPUSD)

IMO at best we have a consolidation in cable in this 1.24/1.25 area waiting for CPI. Holding my shorts 1.2509 SL @BE TP lower 1.23 area. will not move the SL no matter what. I'm going into a busy week, will be posting to update my position

Cable Update (GBPUSD)

Luckily nothing happens out than a continuation on usd jpy upward. looks like the only market affected by the event has been the crypto back to inflation thing atm driving markets. I would suggest to keep an ear on possible further actions coming ...

Cable Update (GBPUSD)

Please… just let market show any intention. Any assumption now can be proven wrong. Me, and most of “retail” market don’t really understand what could be happening. we only see a small part of what is the main picture. what I’m 100% sure is there ...

Cable Update (GBPUSD)

went short on Friday 1.2509 still holding but small size

Cable Update (GBPUSD)

The thing is about countries wanting to unite their power and get out or say get distinct from the "western" economic system. Russia, Iran, China, India... etc. It's not about any biblic or religious fairy tale. It's about power, assessment over the ...

Extracted Posts

Nikkei giant sell off = money flowing into JPY so no matter USD strength, the USDPY could tank 400p in a day. then is European time, which will simply follow then during NY depends on who and what will be said earlier to try chill it out the whole ...

Cable Update (GBPUSD)

Forex market is closed now. No matter xe or anything. Interbank will open when here is late afternoon, usually some 4 or 5 hours earlier than retail brokers. However. the most liquidity starts with Tokyo opening and if no change in the scenario ...

Cable Update (GBPUSD)

Will follow market open on Sunday (I never do) ans will set my to asas the lowest support possible maybe 1.20 area then check what’s around. hopefully the tension will dry up but atm it looks like an important market driver

Cable Update (GBPUSD)

could open 1.2390

Cable Update (GBPUSD)

Buy crypto they say You will make money they say. the whole market is in risk off. wonder where will oil, gold, usd by Monday. i was tempted to buy oil before close but way too risky. problem is: we could be at the start of another inflation burnout.

Cable Update (GBPUSD)

Nearest short term line I have is 2471 price didn’t even get there on pullback + “take profits “ maybe at new week. reaching it would tell if there possibilities to get near 2500 again. atm, still strong pressure down so far. took opportunity to ...

Cable Update (GBPUSD)

took the time to check what was that move back in nov2023 see chart below image the first push up came because of very disappointing NFP the second strong push was when CPI came back red after a long time printing a 0% increase M/M sending Y/Y ...

Cable Update (GBPUSD)

manually exit @2432 on lower entry (+30p)

Cable Update (GBPUSD)

20 pips to my TP1 2420 (pink line)

Cable Update (GBPUSD)