We just broke the level 32.8 Fibonacci I'm looking to tp on the next level

Cable Update (GBPUSD)

Just loaded my third entry

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With FED Dovishness it very appropriate to load bulls

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While waiting for CPI we should also consider Fed Governor Christopher Waller sentiment he warns that interest rates could go higher than expectations. Yet I'm not surprised why the pair is selling

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So far this is the FED sentiment and surely there's nothing new I'm expecting too

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what are you expecting from this hawkishness or Dovishness? Cause according to Powell deflation has already started

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Demo that one

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Bulls

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Nah bears didn't work out bulls are back and I'm going long bases on Powell Dovish tone

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Powell "I think the market has reached highest labor statistics if not less", "we are prepared and we have tools to take inflation down" ...

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There's also state of union address at 21:00 US, Biden will deliver this statement, my focus will be on dept ceiling

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The US government is set to pay over $850B in interest on its debt this year. They're prepared to print I guess this will take the pair higher?

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That's what I'm thinking NFP was very bad

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I'm gonna sell it until FED Powell speaks

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Interesting

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FED Powell speaks later be careful of the SPIKE

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LoL

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According to Bloomberg news, it's said that if the dept ceiling defaults the interest rate will rise automatically, so the system kinda compensate itself

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Is there anyone who has an idea about when is the deadline for dept ceiling?

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yeah but something like October lows

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