Daily closed below resistance (1.28 sharp). Pullback should come.

Cable Update (GBPUSD)

193.5 Hit Is this THE TOP? God knows... could be. We'll see tomorrow with BoE if GBP will drop or rise.

Cable Update (GBPUSD)

Japan finance minister Suzuki: • Won't comment on forex levels. • Says it's important for currencies to move in a stable manner. • Is closely watching FX moves with a high sense of urgency. • Makes no comment when asked about currency intervention. ...

Cable Update (GBPUSD)

What should be happening and what should have happened sooner haha. Fed has lost the fight (gave up) against inflation (actually, it never intended to deal with inflation in the first place), so market is finally realizing that. Silver is ...

Cable Update (GBPUSD)

New Zealand Economy Was In Recession In H2 2023 We're waiting for the US now... LoL

Cable Update (GBPUSD)

Bank of America

Cable Update (GBPUSD)

Good you ask that question! For some odd reason, CHF/JPY chart is looking very different from the rest of the pairs including JPY (USD/JPY is also slightly more bearish than other currency pairs which are decently bullish). CHF/JPY charts look the ...

Cable Update (GBPUSD)

Well, every pair except USD/JPY and CHF/JPY is already at the new high as we speak, so USD/JPY might climb back up again and this time really break that 152 (catch SLs) and collect all Sell orders. If it continues to drop, you're doing great! ...

Cable Update (GBPUSD)

You swing trade?

Cable Update (GBPUSD)

Khm Khm KHM... LoL Just kidding! I am right the same amount of time the blind chicken strikes the piece of corn hahahahahahah Proof...

Cable Update (GBPUSD)

Yes. Resistance is between 170.5 -171 which I wrote this morning or yesterday IDK, doesn't matter, and it doesn't seem like CHF/JPY can break this MN resistance and if SNB cuts rates tomorrow, it's over pretty much for CHF.

Cable Update (GBPUSD)

Actually, the news from Japan came out. BoJ Seen Weighing Next Rate Hike in July or October as Yen Weakens - Nikkei this is what triggered a drop on JPY pairs. Good to hear that! It seems JPY will continue to drop further, but I expect some action ...

Cable Update (GBPUSD)

BoJ Seen Weighing Next Rate Hike in July or October as Yen Weakens - Nikkei Even though the news pushed JPY higher for the moment currencies already almost recovered the whole drop... if Japan thought that this news would provide more effect they ...

USD/JPY Discussion

If SNB starts cutting rates tomorrow, you won't see 170 again. Stay sharp!

Cable Update (GBPUSD)

I think Silver is saying goodbye...

Cable Update (GBPUSD)

BoJ Seen Weighing Next Rate Hike in July or October as Yen Weakens - Nikkei

Cable Update (GBPUSD)