Could be that the data is more important today because it would be the 4th figure which would show that US is not really cooling down(at least as expected). But may be it is also due to speak later from Powell. I think it is not only the ISM, it ...

Cable Update (GBPUSD)

Hi Dantpm, reason was the huge gap last time ISM came out, surprised a lot. Now question is if it is still not that good what would mean GBP/USD more up. But forecast ist quite high already so if stable ISM not good for GBP/USD. ISM has middle ...

Cable Update (GBPUSD)

Today it seems they are more cautios. Good to see on EUR/USD. They expect now stronger ISM due to better datas yesterday. If more strong datas we could get into a 2nd spiral of inflation (quite often you have that if Inlation was over 5-7% last ...

Cable Update (GBPUSD)

I understand your concerns. I just remind on lawsuits in 2012,2013,2016 and 2017 were the big four on forex got sued for manipulating the market (was just few pips) because they pulled all on one string. Regarding moving all currencies or at least ...

Cable Update (GBPUSD)

ISM Manuf. 'Index will have high impact today. Last time it disappointed a lot, so it was bias GBP/USD up. Today it will be crucial for overview next weeks. If number is better than expected, GBP/USD will drop probably. If better we probably see new ...

Cable Update (GBPUSD)

Currently at triangle 1.2677 around is the mark. EU datas were bad today, GBP datas were good. All signs on green for new highs, so 1.2677 break likely possible. PA is also confirming more up bias. Sentiment is neutral, so no hustle to fake traders.

Cable Update (GBPUSD)

Hmm... I wonder what caused the spike up, cause we see drop und EUR/GBP same time, so GBP got strength. Question is why. News were only french stuff but not important. Strange.

Cable Update (GBPUSD)

I never had a day like that. So many chances, used 80% of them. I quit now for today. I have no clue how much pips I made today but it was extraordinary. Thanks to big boys who are driving them up and down. Moty was so successfull because of the ...

Cable Update (GBPUSD)

I really want to quit for today... but I can't. Short GBP/USD 1.2635, crazy... Could be start of next pop up but a bit too early so I took the short. Cheers.

Cable Update (GBPUSD)

That's true. I found out if I trade the big ones simultaneously I can see real dollar strength/weakness easier. Also points of return a better to spot, so I will probably stick to it or I just trade one and watching the others. Problem with that is, ...

Cable Update (GBPUSD)

Thanks for repeating. I really wonder who has so much power to drive the market up and down, like today also. It's not about the movements, that's normal. It is about the POWER it is moved -in minutes! You cannot tell me it is just "the market". But ...

Cable Update (GBPUSD)

I would say that's it for today but it's just NY open, lol. Crazy day. I expect side range now but due to time of day, could still get one or another drive but consolidation is needed now, it's screaming after it. To many drives up and down today. ...

Cable Update (GBPUSD)

I hardly can keep up the pace. I trade 4 currencies (more or less) simultaneously. USD/JPY is fastest these days. Missed few outs today due to time insufficiency but wallet is growing. Lots of possibilities. Unfortunately that will not be forever.

Cable Update (GBPUSD)

Ok...they struggle to sell lower, means accumulating volume from last our before news is almost priced in (sold) so small long bias now, took a small long at 1.2640, only scalp. Short term was selling pressure due to speculating before on bad ...

Cable Update (GBPUSD)

Anyway: Numbers were as expected, so sell of dropped directly after news as expected if numbers are not as bad as market expected. Initial Drop Was too fast, so they pulled it up to take out long orders and let it drop again. Here we are currently. ...

Cable Update (GBPUSD)

Cause it seems you are a funny guy.

Cable Update (GBPUSD)

What's your opinion on PCE ? Will it surprise market to the upside?

Cable Update (GBPUSD)

Market now before news give credits to bad numbers from US in 5 minutes. I would not bet on it. We'Ve seen,I think, 3 numbers which were contrary (last yesterday) to a cooling economy. If number surprises today (Core PCE) and is higher than ...

Cable Update (GBPUSD)

I hope they let it drop again, but as I know my luck They will kick it to at least 1.2653 and than they let it drop so I have problems with current day low (too far away from my entry than). Anyway, smart money knows what to do and they know... ...

Cable Update (GBPUSD)

Same here. Expected drop to 1.2642 around. Bulls were exhausted. Now new fuel possible and higher highs (>1.27xx). Every retrace I buy now.

Cable Update (GBPUSD)