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Cable Update (GBPUSD)

core inflation was even worse, the only way to bring it down quickly is negative numbers cause that data is printed for a year

Cable Update (GBPUSD)

we can check out the USD index from 3 days old to date, and conclude this is a bearish situ

Cable Update (GBPUSD)

Consolidation candle, we are talking about rates and probability that plummeted yesterday. Why? Because the reading was HOT and STICKY, only you have to read it on monthly data. The proof in the pudding is whether we will lower rates with a 0.3 ...

Cable Update (GBPUSD)

I read a running consolidating trend upwards, its still a broken bullish candle on the weekly

Cable Update (GBPUSD)

US and the UK are running hot, simple whats Bloomberg think about yesterday's CPI? it went from 50% probability to 12% of a drop in June

Cable Update (GBPUSD)

cpi was strong, analysis that says different is the weak retail crowd, and headline believers... rumour has it an election will be called, if you read the data right that makes sense, all the headlines gonna say inflation is falling higher inflation ...

Cable Update (GBPUSD)

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Cable Update (GBPUSD)

Here is the interest rate near-term outlook, maybe its hold if you look at those negative reads, they are inflationary as they drop out, and a lot of that embedded data is hot, but the US is also running hot

Cable Update (GBPUSD)

im looking at 1.5% in the last Q it has to go negative to stay at 2, if it goes under the 0.16% it can hold at 2 otherwise IT WILL go back up why I like that release is its like a population pyramid data... you can't change it easy if it were 0.3% ...

Cable Update (GBPUSD)

lol, there not going to cut with 0.3 rise on the monthly , how can you not see thats hot the last 2 readings were 0.6 thats 1.5% in the last Q

Cable Update (GBPUSD)

I also put a cable chart up

Cable Update (GBPUSD)

the good news is nobiee and his entire entourage have evaporated, you're not see him & any of his 'buddies' in the room at the same time

Cable Update (GBPUSD)

already decided on that news sorry

Cable Update (GBPUSD)

price went up on the news and Ive provided the chart that says it has to go negative near term to go to the 2% target 0.3% is double the target still, and big negative numbers are going to drop out later it has to go negative MoM on the data that ...

Cable Update (GBPUSD)

its still hot at that rate The target is 2% 0.3 x12=3.6%

Cable Update (GBPUSD)

the open is key

Cable Update (GBPUSD)

the MoM is double target and thats a problem with the data that exists

Cable Update (GBPUSD)

CPI, inflation went up double the target

Cable Update (GBPUSD)

it never went down, it dropped because larger data dropped out than the new data that printed

Cable Update (GBPUSD)