Hi, all good? Didn't take long, just above a week. Was this fake out of 350 pips (ref: daily)? Below 12608, monthly pivot 12477 and Donchian Down 12369.

Cable Update (GBPUSD)

Glastonbury Festival 2023 url

What kind of music you hear while you trade?

What time frame this is? Looks like a bullish flag, but I expect break out lower, 3 times tested already, one more test should do the job.

Cable Update (GBPUSD)

You are so correct, I was actually also reading about this recently. UK manufacturing is a big worry due to supply chain issues, labour shortage, pandemic, Brexit, political crisis and fuel shortage... Government helped with rate payment delay last ...

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xxx47 was exact previous high, perfect bounce. Nice name

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Trading major news events restricted. Good

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Be together, 5% it is. MM got rid of long positions, causing the spike.. GBP losing support, residents devastated, madness continues... Hope all survived the unknown.

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Nice trade, only 3.1pips short from your entry. Did you get in?

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Read this and be ready - url

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Powell's testimony tomorrow; odds increasing - "FOMC last week raised the median forecast for the funds rate target in its dot plot to 5.6%, which implies a further +50 bp rate hike from the current effective federal funds rate of 5.07%. The markets ...

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Possible, but I doubt, as nothing will change only shows desperation. image

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12600 is a must, not sure how long will take to get there, but only way I see ATM. I can be wrong ofc. image

Cable Update (GBPUSD)

I am with you Kimmymore! UK politics sucks, very dissapointed in all aspects. Economics were wrong predicting closing first quarter at 1.11, this quarters prediction higher - 1.18, still a downturn.

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Looking at the situation BOE might keep rates suspended, against governments wish, but can they, yes they can

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UK food inflation 18.4%, under 1% lower file 49% of adults buying less food, think about those in low budget.

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Green data reads as red, out of control issue continues

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My view direction is to 12720 again

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Thanks Don, you might be right. Low volume maybe and bank rate expectation, which might read reverse to good, but will see at tomorrows CPI numbers. Here is nothing good except that the supermarket cosmic prices not rising anymore, the rest is in a ...

Cable Update (GBPUSD)

Seen similar charts - 12720 / 12600 image DX index to $103 image

Cable Update (GBPUSD)