I think it just went for a touch of the daily pivot as in profit taking.

USD/JPY Discussion

I think I like those fibs better. At least they work until they don't.

Cable Update (GBPUSD)

No rate rise in the horizon. US rise is delayed by 3 months. UK rise gonna be delayed by double that amount. Inflation is bad, Pound too strong vs Euro, elections are on the way. Minutes will be neutral as always with some spikes up down then end up ...

Cable Update (GBPUSD)

1.4807 some resting space before 1.4766. Or range between them later. Previous 4h L broken by 2.6 pips. No HH before by 9 pips. Short term down trend still intact.

Cable Update (GBPUSD)

Here?

Cable Update (GBPUSD)

2nd target now taken. Pullback to 1.0780-1.0810 then onwards to 3rd target.

EURUSD

Two more targets to open the way to 1.04. 1st was taken last night, 2nd is close.

EURUSD

Make your (iv)-c-v a little lower so I don't have to adjust my sl

Cable Update (GBPUSD)

Still following AUD up. Perhaps something bad is again expected out of the minutes. SL still intact @1.5015, not adding further shorts though today other than a pending @1.49.

Cable Update (GBPUSD)

I have the same level for maximum retrace before continuing down.

Cable Update (GBPUSD)

Might be lucky and get 1st target before day close?

Cable Update (GBPUSD)

1st arrow taken, now retrace during Asia to 1.0835-45 to add more for down and 2nd.

EURUSD

Short from 1.0947 (breakdown of 200 sma on 4h), my next targets down in arrows before 1.04. SL @1.0940.

EURUSD

Ah volatility is a given anyway tomorrow due to FOMC. Just thinking what else can BoE to do to weaken the pound and I remember the words of a BoE member 1-2 weeks ago saying that if they must they would consider cutting the rate in order to allow ...

Cable Update (GBPUSD)

Either no rate change as usual or a surprise rate drop to weaken pound.

Cable Update (GBPUSD)

My next targets prior to 1.4526.

Cable Update (GBPUSD)

UK services rely heavily on EZ area, so if Euro is falling compared to GBP then I expect less business will be sent to UK. PMI came out higher though price is still falling, maybe will be reflected on next month.

Cable Update (GBPUSD)

Considering the extreme low price of E/G for the last month, I am thinking of a negative PMI. But UK are good at faking stuff so I am a bit reserved and do not say a 'very' negative PMI.

Cable Update (GBPUSD)

Same plan, same crap but less than -130 now plus a few shorts from a bit higher (some closed in profit on daily close). TP unmoved from 1.45, SL 1.5015. Erased from the chart the first real bullish signs seen for weeks other than news spikes & moves ...

Cable Update (GBPUSD)

With regards to? Veto on Russia sanctions? More than 1 (Greece) member of EU is against further sanctions to Russia, like Hungary, Slovakia and a couple others. Germany is against them too, but is hardly pressed by US to do so. Greece could give ...

EURUSD