Insane in the Brain..
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Why is GBPUSD called cable? 76 replies
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cable short for gbpusd? 6 replies
Disliked{quote} What pair and time frame is this? Can't find those prices corresponding to candles on my chart.Ignored
DislikedI think we have seen the last of the bull run for now. Looking previous highs to sell.Ignored
DislikedA strong gbp might be Sunak's last resort to drag voters. An anouncement tomorrow that they consider the first cut before the fed does will send pound to its grave before the election. I can't see BoE shooting Sunak in the head at the moment. Now they just have to explain why they will keep ripping people off until the end of the year. {image}Ignored
Disliked{quote} futures 6B my prop account charts will always be 15min or hourly since I don't bother with 1 or 5 min chartsIgnored
Disliked{quote} You don't understand interest rates, they have to be over inflation over time or the lender loses money, the BoE only controls overnight bank lending, not retail lending, which is the free market. The main cost to the free market is inflation expectations, which they have to project that over the loan term to make the price.Ignored
Disliked{quote} Thanks for the answer. I do understand the mechanics. Also the fact that inflation is at 2% now doesn't mean it can't go higher. I was talking from a political point of view. I was checking price action before 2019 elections and found it intresting tbh. Similar push to the upside to crash down later.Ignored