It's hard being really aggressive at these levels. even though after Fridays poor NFP it still went up which must be bullish. I would prefer 38.2 retrace of the weekly fib not fridays. Or even a 50% retrace at 95 but dont think we will get it.

USD/JPY Discussion

yes i would like to add to my positions on a pullback. But as plofkip said i think we are done with any significant retracement for now. May have to add if it gets back to 96.710

USD/JPY Discussion

Whats the chance of seeing 100 this week it is only 250 pips away

USD/JPY Discussion

That's a big call putting your wife and kids on the block hahahahaha

Cable Update (GBPUSD)

We have probably just extended the range a bit.

Cable Update (GBPUSD)

Hardly a convincing move down today.

Cable Update (GBPUSD)

Q4 GDP coming up this morning could see pressure on the pound

Cable Update (GBPUSD)

Why do you think it's going to get anywhere near those prices ? And in the next 2 days? Easter weekend markets closed on Friday month end.

Cable Update (GBPUSD)

I agree it hasn't sold off much from this area and earlier when it did it was bought back up so I'm thinking it may continue to be bullish but with Friday and rumours of a downgrade coming you never know.

Cable Update (GBPUSD)

I know you say is that all it can do after that good number then be worried but there must be massive offers in this area if it can chew through them it will go higher. I'm cautiously in the long camp not a reversal of trend but higher to go lower

Cable Update (GBPUSD)

Hahahaha yes they were a big miss to the upside

Cable Update (GBPUSD)

yes its not one that you can try and guess

Cable Update (GBPUSD)

I wonder wheather retail sales will be better than expected as jan is usually a long month after christmas before getting paid for most people. February and march things start getting back to normal

Cable Update (GBPUSD)

I dont think we can say the downtrend is over

Cable Update (GBPUSD)

9% thats not good MPC minutes: concerns over an ” unwarranted depreciation of sterling” Written by Mike Paterson March 20, 2013 at 09:38 GMT Get the full MPC minutes here

Cable Update (GBPUSD)

looked like a stop run to get a better fill

Cable Update (GBPUSD)

And how much of that has been priced in already? But it would allow the BOE to ease more so should be negative

Cable Update (GBPUSD)

whatever happens hopefully it will break the range and give us direction until the end of the week

Cable Update (GBPUSD)

I'm not sure if the remit change is priced in. I agree with inpatient as I said I can see 1.55 but not 1.60

Cable Update (GBPUSD)

One risk of the budget tomorrow is if the chancellor says they may change the BOE remit so they target growth as well as inflation.that will,allow the BOE to ease more without having to explain inflation they will just say they are targeting the ...

Cable Update (GBPUSD)