Despite bad news for USD, Pound tanks.. Are markets already pricing in recession!? Maybe.. The reason I'm saying this is because even CHF is depreciating against Yen currently, as well as USD. Usual behaviour between GBP/USD and USD/JPY is of ...

Cable Update (GBPUSD)

German ifo Business Climate near the low of 82.1 which was last time seen in 2008!

EURUSD only

Bad USD! Bad, bad USD!

Cable Update (GBPUSD)

Don't "fix" what is already great..

Cable Update (GBPUSD)

I do expect the price to go up. Let's see..

Cable Update (GBPUSD)

Trade closed! While I didn't take any profit, price allowed me to exit at zero.. I'll go Long as soon as the news come out I think. If price goes down I won't trade. Usually 15M candles give some hints of where the price will go after the news, but ...

Cable Update (GBPUSD)

I'm banking on this candle being the one that is taking out Buyers. Hopefully the news will be bad for USD.

Cable Update (GBPUSD)

Went Long.. 15M Long 30M Confirmed Long Just Now Hourly Maybe..? SL 20 Pips TP Best Case Scenario ~ 1.23

Cable Update (GBPUSD)

Gator, do you think that price perhaps won't reach 1.08 as was expected anymore? We had a shift yesterday, especially on GBP/USD which fell (Pound) around 300 pips against USD. Perhaps Weekly retracement has started? We'll see if we will witness ...

The Swamp

Final GDP next week for US. Not expecting anything just curious.. FOMC Meeting Minutes on 4th of January.. One more week of trading left in this year.

Cable Update (GBPUSD)

It was at that time, traders on Forex Factory knew, MPC f*cked up. LoL

Cable Update (GBPUSD)

GBP/USD 15M Short 30M About To Confirm Short (Price failing to close above 1.2195 in this Hour suggests Short) H1 Short (Rejected Long Signal on Frankfurt open) H4 Short Daily Long Weekly Long Monthly Short

Cable Update (GBPUSD)

Finally.. thank God!..

Cable Update (GBPUSD)

This wasn't expected from Lagarde.. still not the time to Short. I won't make any prognosis anymore, I'll just Short every hundred pips until one level actually holds. EUR/USD is also in play, from 1.08 if it get's there. As luck would have it Pound ...

Cable Update (GBPUSD)

If Pound doesn't react to these horrendous data for USD... then.. Anyway, I'm done commenting on Pound anymore. If price get's to 1.25 I'll act if not then we can kiss the Pound goodbye and chill. Commenting on GBP/USD is over for me.

Cable Update (GBPUSD)

True. Especially with Lagarde.. I really hope 1.24 is the top.. tired of catching haha!

Cable Update (GBPUSD)

Looks to me like Pound is actually dead.. no reaction, it just started to drop. We'll see in 5 minutes though..

Cable Update (GBPUSD)

Empire State Manufacturing Index.. this is still nowhere. Hawkish ECB so far.. not what I expected really, but still, Lagarde has to speak and could potentially destroy Euro. We'll see. Still..Pound didn't react at all.. Euro at 1.07 should be good ...

Cable Update (GBPUSD)

7 - 0 - 2. Goodbye 1.24.. was nice meeting you! If not today, tommorow Pound is as good as dead. Still ECB to fail with Euro and then Euro should drag the Pound down with it.

Cable Update (GBPUSD)