There is a vote today, as part of second reading, as to whether to move it to committee stage. It will pass almost surely and is not a big thing (battles will be fought at the third reading stage), but markets still may be moved by vote results. You ...

Cable Update (GBPUSD)

I hoped G/U would go up for a better sell level. A gap down straight to the support does not look good. It is a strong support though.

Cable Update (GBPUSD)

It could have been worse, it could have been Morse.

Cable Update (GBPUSD)

A bit more about how the things will unfold around the Internal markets bill. (See my previous analysis here: url .) Even for Tory MPs, breaking international law is a bit too much. And they realise that consequences may be terrible, as we are ...

Cable Update (GBPUSD)

In addition to Brexit saga, there are a lot of important data releases and risk events next week. If all goes in your direction -- Brexit rhetoric calmed down, UK unemployment and inflation better than expected, Fed even more dovish than usual (it ...

Cable Update (GBPUSD)

I have seen a gap of 40-50 pips this year, see end of January. Agree on the second part.

Cable Update (GBPUSD)

Very interesting. I see here that famous (and rather puzzling to me at the time) move from 1.27 to 1.32 after which we dropped to 1.14. I wonder if we can see something similar; the situation now starts to remind me of March, not only in GU, but ...

Cable Update (GBPUSD)

Would be funny if market does not no through resistance but simply opens 50 pips lower on Monday. Would not bet against it.

Cable Update (GBPUSD)

I had the same feeling yesterday, bears attacked it fiercely for an hour but could not break despite strong stock selling. They still have 4 hours to go today though...

Cable Update (GBPUSD)

Could not resist, bought at 1.2784, SL at BE now. Fading weekly 4 hour fix; and I think risk mood is on. No harm trying.

Cable Update (GBPUSD)

Tired and likely won't trade today, but hope GU can fly to 1.29 and above. Better levels to short. Also, some profit-taking is due (or maybe already happened).

Cable Update (GBPUSD)

The main question, is it risk on or risk off in NYSE trading. So far, indecision.

Cable Update (GBPUSD)

We definitely agree on that.

Cable Update (GBPUSD)

Perfect timing.

Cable Update (GBPUSD)

Be careful, 1.277-8 was defended strongly last night. It may fall, but it is likely to fight.

Cable Update (GBPUSD)

It was a correct idea to short the spike, maybe I should have put SL at profit or 20-30 pips higher... always a difficult decision for me. I cashed in short at 1.279 yesterday, so in a way, I went long from there. Could not make myself go long ...

Cable Update (GBPUSD)

2841, a typo. SL=BE hit now anyway.

Cable Update (GBPUSD)

Sold at 1.2741, SL now at BE. GU likes to play this up-and-more-down game, collecting the stops and then falling lower quickly. Maybe this is the case today as well.

Cable Update (GBPUSD)

I guess it makes much sense to wait, as there is July UK GDP print (among other European data) at Frankfurt open.

Cable Update (GBPUSD)

Not sure it's meaningless (and it is not copy and paste). A lot of people don't track the news or don't have knowledge of UK political landscape and process. I distill the news and also give an informed view on how probable some scenarios are. I ...

Cable Update (GBPUSD)