CPI projection revised from 1.2% to 0.2%. More down to come in the following days, independently from FOMC today. I am thinking that rate rise would come in 2016 now. Perhaps even a rate cut might be in plans during 2015 like SEK a few minutes ...

Cable Update (GBPUSD)

Who?

EURUSD

EG reached the target (21DMA). Now either EU will start dropping quickly to allow GU to move down, or GU will follow up the movement of EU and retrace some.

Cable Update (GBPUSD)

I have 1.46996(!) as max.

Cable Update (GBPUSD)

EG

EURUSD

Did you re-open on the rise to 1.475x?

Cable Update (GBPUSD)

BoE after seeing that inflation is not turning up said they will base their rate decision on salary growth. Earnings now turned down too. They also stated that GBP is too strong to allow inflation to grow. So current results render a rate raising ...

Cable Update (GBPUSD)

EG needs 15 more pips. GBP still too strong in BoE minutes, need it lower to start inverting inflation. Soon EU will turn down but needs EG to stay high.

Cable Update (GBPUSD)

1.4610 next stop?

Cable Update (GBPUSD)

So MS had their stop taken

NZD/USD

Maybe GU news = down, then FOMC = up. It's better to stay safe today, GU looks ready to break below 1.47, just buying U/CHF for me.

Cable Update (GBPUSD)

Decisions, decisions!

Cable Update (GBPUSD)

Sitting on the side until after FOMC report.

Cable Update (GBPUSD)

Yes I meant GN. GU (=1.4550) / NU (=0.70) = GN 2.0785

Cable Update (GBPUSD)

I would put tp there 400 pips higher. 1.4550/0.70.

Cable Update (GBPUSD)

Dairy prices (esp. milk powder) fell alot.

EURUSD

Oh well, 1.4805 was DPP, it can't just touch it and leave. So initially my stops are imaginary. When the move plays out, the hard ones are set. As for letting them run, I think we are all like that. Watching 1.4730 for the closing now.

Cable Update (GBPUSD)

250 pips for a standard lot. He probably traded full leverage, 400:1x2.500, 10 lots.

EURUSD

Finally got out of NU shorts Now GU, short here or wait? Might not have another chance at this hourly high caused by Gold. Shorted @1.4769, sl 1.4808, tp 1.4690.

Cable Update (GBPUSD)

E/G has another ~30 pips to go before reversing. Either a big EU drop (most probable) or finally GU would gather its pieces and move its ass back to 1.48 (needs to hit first 1.47 for .7230). 1.0630-1.47. Stops in blue rectangle for E/G. Expecting ...

Cable Update (GBPUSD)