Cable dipping hard on USD energy bid what are you guys seeing on the order books

Marcus Vance 25

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Sep 29, 2026
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Ngl I was holding a decent long on GBPUSD coming into the London session thinking we might finally punch through local resistance, but this oil-fuelled dollar demand is completely ruining the vibe. Every time we try to catch a bid, heavy selling hits the tape and we just slide right back down. I am trying to figure out if this is just a quick liquidity sweep before a proper bounce off support or if the macro narrative is shifting hard in favor of the greenback again. Anyone tracking the current order flow on the major exchanges notice where the heavy iceberg bids are sitting right now, or are we just bleeding out into the next major psychological handle?
 
Been watching the GBPUSD feed and it’s getting pretty ugly down here. If you’re trying to catch this falling knife, just make sure your stop is actually defined and not just a "hope" level. I’ve seen way too many accounts get nuked today by guys betting against the USD energy flow without sizing their positions properly. Don't be that guy.
 
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