For those who keep guessing about the direction, are we clear now? Come on, cook it up boysss! More profit on its way!

Cable Update (GBPUSD)

The bear is roaringgg!

Cable Update (GBPUSD)

Current Euro rates is 0%. They supposed to hike at least 0.5% or more. There still a room for ECB to hike the rates. Meanwhile, UK is 1.25%. If BOE hike the rates with current situation, they confront recession risk. However, we just wait and see

Cable Update (GBPUSD)

Previously, UK retail sales was in negative state. BOE wont hike the rates in the near term. With the differential of the interest rates, most of the large money interested the biggest rates.

Cable Update (GBPUSD)

Yeah lets see how far the downward move will be. By the way, safe trade everyone!

Cable Update (GBPUSD)

Here we go, the downward pressure has begun. Lets the us session put more pressure and doommm!

Cable Update (GBPUSD)

Could be downward and its huge. Weve been in range for almost 2 weeks!

Cable Update (GBPUSD)

Hahaha be patient man

Cable Update (GBPUSD)

And why is that mate? Is there any special event in the next 7-8 hours?

Cable Update (GBPUSD)

Since last friday, large speculators place their order. Most of them went short on pound. Refer to the cot report. Market is waiting for the speech tomorrow that involved j.powell, a.bailey and c.lagarde.

Cable Update (GBPUSD)

Hopefully! IMO, 1.19-1.20 could be break. Theres 2 major support at big timeframe. 1.14 and 1.08. Lets see later

Cable Update (GBPUSD)

Trading in range really hurts! Come on GU, resume the trend

Cable Update (GBPUSD)