In longs as well. Hoping we'll shoot up tomorrow towards 1.28. Tight SL bellow today's low.

Cable Update (GBPUSD)

Thanks for the answer. I do understand the mechanics. Also the fact that inflation is at 2% now doesn't mean it can't go higher. I was talking from a political point of view. I was checking price action before 2019 elections and found it intresting ...

Cable Update (GBPUSD)

A strong gbp might be Sunak's last resort to drag voters. An anouncement tomorrow that they consider the first cut before the fed does will send pound to its grave before the election. I can't see BoE shooting Sunak in the head at the moment. Now ...

Cable Update (GBPUSD)

I have 2 levels bellow for potential longs if .26760 doesn't hold. Will look for buys from .26670 and .26560. I really want to see Friday lows taken out first though.

Cable Update (GBPUSD)

I don't think GU was retracing tbh. I wouldn't call a 200pip move to the downside a retracement, maybe for Gold yes... We had quite a sell off last week with previous support levels not holding for long. I can't tell where GU will head next, at ...

Cable Update (GBPUSD)

I was also checking the 100 ema(red) on 5m chart, look how many rejections we had since Friday, finding hard to break above it for now...

Cable Update (GBPUSD)

Agree but I would wait to swipe the lows at .26570 first...

Cable Update (GBPUSD)

Hi people, My levels for next week... I will also keep an eye on Taylor's UK tour as according to CNBC might determine how many rate cuts will have this year and also when to expect them. url Enjoy the rest of your weekend!!!

Cable Update (GBPUSD)

SL hit

Cable Update (GBPUSD)

I have a long position on GU targeting Asian highs(if we get there). Waiting for NY to show some pressure to the upside.

Cable Update (GBPUSD)

Volume levels from previous week are holding nicely, despite yesterday's upside move. I think we wont see any significant moves breaking .27- .28 levels before GB CPI on Wednesday and the rate decision on Thursday. Let's see...

Cable Update (GBPUSD)

Same here... Pushed up a few minutes before the news, then blew to the upside.

Cable Update (GBPUSD)

Looks like DXY is filling that gap.

Cable Update (GBPUSD)

Nice price action inside Asian Range... Hopefully news will take it out of the box.

Cable Update (GBPUSD)

Trying long GU, targeting yesterday's high with a tight SL. Currently reacting from Asian highs, let's see if we can close above.

Cable Update (GBPUSD)

Did Powell just say that Payrolls data may be a bit overstated? Might as well have a “give or take” note next to the results…

Cable Update (GBPUSD)

By who?

Cable Update (GBPUSD)

So true...

Cable Update (GBPUSD)

Setup on point... Now waiting for 1.276xx for shorts back inside the range.

Cable Update (GBPUSD)

In longs targeting the top of the range...

Cable Update (GBPUSD)