The 75 bps already priced in. FED hike only 75bps even tho CPI peak 9.1% but they focus more on the falling core CPI. which indicates no 100bps will be on the table. well thsts just my view. But we will wait for Powell EDIT: Probably next meeting ...

Cable Update (GBPUSD)

Dovish FED

Cable Update (GBPUSD)

Target rate for Sept meeting image 47.3% 50bps 43.7% 75bps 9% 100bps

Cable Update (GBPUSD)

Insert some Buy stop and sell stop

Cable Update (GBPUSD)

US02Y RSF They always know something we dont! I think DXY will not fall today. Let's see and wait! image

Cable Update (GBPUSD)

Or is it just liquidity sweep, before going down?

Cable Update (GBPUSD)

Me today be like Uj Seen a good long entry around 136.68 but the FOMC made me step back (cause i expect a drop in DXY on FOMC) So i wait for price to come at 136.84 to short, but the buying pressure made me say No. i continue to wait for price to ...

Cable Update (GBPUSD)

Favorable US durable goods drives up DXY

Cable Update (GBPUSD)

UJ Short set up Retracement to 136.84(Blue Line) is a good entry for Short image

Cable Update (GBPUSD)

imo bull just trying to trap bear. if it was to fall, it should have been by now with that amount of bearish candle pattern showing up laterly for EU which is correlated approx. 93% to GU. EU refuse to fall meaning bearish for DXY, hence bullish for ...

Cable Update (GBPUSD)

The way you put 45% probab for a 50bps got me choked on my laugh, cause this showed you dont trust these clowns and will do anything to disappoint the market!

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May your journey be free from stress and bring you & fam home safely. Safe Travels!

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Gold also starts to gain upward momentum!

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FTSE100 Thats was a hell of an opening with that volume! image

Cable Update (GBPUSD)

Well it do now. My bad!

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EU long setup iQm becomes RSf if broken resistance 1st TP at black dotted line rest let it float with Sl move to BE image

Cable Update (GBPUSD)

With US Core Inflation YoY falling for the 2nd consecutive months, i think FED not gonna rising more than expected. What your view about that folks?

Cable Update (GBPUSD)

Trend reversal if 75bps cause it is already priced in imo, 100bps hike, bearish trend continued?

Cable Update (GBPUSD)

That level aint likely to hold bro

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