No this was in line with what Carney said. Gradual rate rises for 3 years (not stating the start in this year and the final rate), Inflation would be 0 for a long period, Pound is too strong for BoE to consider a rate rise at this time.

Cable Update (GBPUSD)

It's GBP weakness too. Carney said yesterday 'next three years, inflation, pound strength'. Was enough.

Cable Update (GBPUSD)

I longed GN. Better than longing GU here unless you have an sl of 5 pips. Only AU & NU resist to USD strength. They will fall like flies next week as they get too expensive compared to G&E.

Cable Update (GBPUSD)

Carneyage. Stop @1.4690 to rest. GN seems like an excellent long now.

Cable Update (GBPUSD)

@1.4690 & @1.4550 I will for retracement to 1.49.

EURUSD

Closed all shorts on bad news. Waiting for 1.4850 - 1.4880 for re-entering. Hate myself now Might take a few days before we can re-enter a good short.

Cable Update (GBPUSD)

It was the ECU back then. Not sure since when though. Ah, here: The European Currency Unit (₠ or ECU, French pronunciation: ​[eky]) was a basket of the currencies of the European Community member states, used as the unit of account of the European ...

EURUSD

How come you didn't lower the GU sell limit? Still expecting it to retrace up there?

EURUSD

G/J heading to 179.40 then 177.60. Still no UJ weakness. Expecting more drop in GU until FOMC. Squawk said about an options barrier @1.48. Might have to wait till 5pm EST for it to be broken down. If this is the case, seeing the PA now at 1.4801 ...

Cable Update (GBPUSD)

My res now is 1.4840-14880. Close below 1.4880 this week will bring more down imo. My first close targets as previously are @1.4780, @1.4690 & @1.4550. Final targets if it overextends itself are @1.4275 & @1.36. Waiting bull reaction @1.4690 down to ...

Cable Update (GBPUSD)

G/J ready to break another big support. U/J does not seem willing to give. Hopefully it will be GU.

Cable Update (GBPUSD)

The closes and opens of the past weeks in blue offer strong resistance now. If they fail @>1.4920, then it will come back to previous levels. To me today with all the profit taking and being Friday is the last day for the bears to hold the ground in ...

Cable Update (GBPUSD)

@1.4990 DR1 or @1.4918 DPP? I see jumps in price up, 2-4 pips each time. Seems more like profit taking & low liquidity than buyers.

Cable Update (GBPUSD)

I am expecting a doji day. Unless it breaks 1.4850 again, though 1.49 seems more likely.

Cable Update (GBPUSD)

Yeah, eventually we will lose some weight but things gonna be much better in 5-10 years time compared to following the stupid austerity bailout program we have now which will make 10-20% of the young population emigrate (26.1% unemployment in Q4 ...

EURUSD

GRexit is not yet priced in.

EURUSD

It can stay at 180.50 for that.

EURUSD

Waiting for 1.4850 to be touched. Then my plan is short short short as soon as it retraces to 1.4905-1.4930. Considering whether to tp now or leave it run for 1.4780 or just BE if it decides to visit 1.50 again. Target 1 @1.4780 Target 2 @1.4565

Cable Update (GBPUSD)

Just a good close below 1.4890 and we are fine for tomorrow.

Cable Update (GBPUSD)

The disconnection existed even during 1.48-1.72 rise. GU rise was mostly on Carney saying he will raise rates. US was on the course of recovery with good numbers some of the times, then GU would rally. GU was the last to turn down after the US ...

Cable Update (GBPUSD)