Not sure if the sudden drop is because of the US PPI as I think US PPI is not that much correlated with its CPI and there is time lag between PPI and CPI. But it may alert market the US CPI result next week.

Cable Update (GBPUSD)

tp 1.222. ISM PMI is quite higher than forecast. I suspect if their statistics serves Fed's need as most crucial US data in recent days became good for USD since Powell speech.

Cable Update (GBPUSD)

Surprisingly high NFP

Cable Update (GBPUSD)

Shorted EU at 1.05244 given 1hr chart, sl 1.0545. Today's NFP probably can help USD to bounce up a bit.

EURUSD only

Crucial week to see how new daily trend will go. Personally, I reckon DXY could gradually bounce up if there is no good news.

Cable Update (GBPUSD)

Agree, though 4% USD asset is still appealing. US may start coping with possible recession and higher unemployment from end of this year, unless we see Fed hiked another 75bps next time.

Cable Update (GBPUSD)

Waiting for BOE decision today. I reckon next support would be 1.130 ~1.131, if break then 1.124 before BOE decision.

Cable Update (GBPUSD)

Currently GU still looks bullish in 5mins chart, but be careful it is close to DXY resistance.

Cable Update (GBPUSD)

Critical support now, if it breaks 1.18 today. GU may become very bearish again as the daily bearish trend still holds.

Cable Update (GBPUSD)

UK 10Y looks as worse as late Sep. I think as long as US core CPI and inflation rate are around forecast or higher, GU will be more bearish. I reckon then 1.076 and 1.056 may be next support. If 1.056 was broken in Oct or Nov, parity would be ...

Cable Update (GBPUSD)

fear to short now. I may only long until this pair breaks 1.17

Cable Update (GBPUSD)

Seems like it goes down to 1.25 in NY session

Cable Update (GBPUSD)

GU is so weird, bull in Asian time again without retrace...

Cable Update (GBPUSD)

just opened PC and longed at 1.125 lol

Cable Update (GBPUSD)

If GU breaks 1.10 again, it is possible to reach 1.08x, closed long at 1.121 waiting for London now

Cable Update (GBPUSD)

This pair always surprise me

Cable Update (GBPUSD)

Already gave up holding shorts at 200pips, didn't put too much in GU cause it's really manipulated this week and I'm too new to read market makers. Hope it can get stabilized.

Cable Update (GBPUSD)

I m guessing when GU can touch parity, next month? or end of the year?

Cable Update (GBPUSD)

short at 1.09, waiting for its drop.

Cable Update (GBPUSD)

Will see a quick rise if 1.09 broken, and may retrace a bit if it reaches 1.096. Hope it can get 1.10 today

Cable Update (GBPUSD)