GBP = GREAT BEAR PATTERN

Cable Update (GBPUSD)

In london cafes tonight, ppl are talking about GBP fall.

Cable Update (GBPUSD)

If there is a rate hike, then i think aud/usd to 0.93 and euro/aud will deline further.

AUD/USD

Soros has sold huge GBP today. I have got to know from a trader at UBS London who has sold GBP on behalf of soros capital management LLC. The target is 1.35-1.40...soros will start covering between those levels in near future. BOE cant point fingers ...

Cable Update (GBPUSD)

I want to short cable at 1.5150 after 50% fib retracement.

Cable Update (GBPUSD)

But japanese exporters will object such a strength in G/J. I think we are heading to 125 and then back to 165 + for the rest of the year.

Auslanco - GBP/JPY and GBP/USD (newstrade)

No more counter trend trade. I want to sell but i am waiting for a pull back.

EURUSD

Britishers are not happy that pound is being thrashed.

Cable Update (GBPUSD)

125- G/J yearly support 1 1.40- G/U yearly support 1 I want to short but atleast there should be a healthy retracement.

Auslanco - GBP/JPY and GBP/USD (newstrade)

One can trend these choppy waters with trend trading but the problem is G/U is not obeying fib retracement and keeps going down and down !!

Cable Update (GBPUSD)

No more counter trend trades but atleast i need 1.51 + to take a fresh short.

Cable Update (GBPUSD)

Very bad- Some of the best traders were not able to catch 400 pips down movement

Auslanco - GBP/JPY and GBP/USD (newstrade)

I will like to short G/U at 1.5142- around 50% retracement from days low.

Cable Update (GBPUSD)

Didnt asked the time. Definately some institutional selling took place.

Cable Update (GBPUSD)

Soros is selling GBP !!!! — Soros is selling GBP !!!! I had a word with a trader at UBS..he says UBS is selling GBP on behalf of Soros Fund Management LLC. Soros is short on euro and gold as well.

Cable Update (GBPUSD)

Bad start for me this month as my 2 longs on G/J were closed in losses.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Big frustration holding G/J long. I was stopped out once before and now the fresh new long position is also in DD. Add to the fact, i am trying a counter trend trade which itself is risky.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Good Morning...

EURUSD

yeah..both G/U and U/J down, so that puts downward pressure on G/J as well. I am wondering who is selling g/j. A/U and E/U quite bullish pre opening.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I am also suprised with the last 2 hour fall. I am expecting atleast 50% retracement in G/J. (Feb 17 high- 143.65, Feb 26 low- 134.66 low) Thats the little bit mistake i did- I got greedy and have a larger long position in G/J. FXCM trading station ...

Auslanco - GBP/JPY and GBP/USD (newstrade)