GBP: Could surprise on the crosses; GBP/NZD for the mad contrarians


The market (myself included) had gotten very bearish on cable in particular and I have the feeling…

Levels to watch in the major pairs


USD/JPY: Obvious range edges at 96.00/100.00 and inside of that at 97.20/98.80 (chart in members).…

GBP: Feels as if the market is still quite short


Option barriers at 1.5500 are well and truly broken and the GBP has a definite bullish feel to it.…

Cable capped by option selling at 1.5500


The obvious technical target for this pair is a 50% Fibo retracement near 1.5580 (chart in members)…

Definite shift in GBP sentiment


The market has been short and bearish of the GBP for some months now but yesterdays GDP number…

GBP/AUD: Trading at significant technical level


The 100-day MA, previous major lows, and a 61.8% retracement all come in near the same level around…

Cable: Decent technical support at 1.5175


There is trend-line support and a 61.8% retracement (1.5030/1.5410) converging near 1.5175 which…

Now the FX market can really open for the week


Thankfully I've missed no opportunities during a very side-ways Asian session so we can look to…

Staying quiet in early Asian FX market


Nothing much to report so far this morning with most of the market's focus on USD/JPY, and whether…

EUR/GBP: Nice bounce off .8500 lows


My patience was rewarded in this pair on Friday when market stops below .8530 were triggered and I…

Heavy flows going through in early Europe


Sovereign names selling USD/JPY in reasonable size near 99.25 but no sign of a pullback yet.…

GBP: Expect stops to be targeted in early European trade


EUR/GBP: Stops reported below .8530. Cable: Stops reported above 1.5325.

USD/JPY: Fairly heavy stops reported below 97.50


Cable: Clearer seen buying decent amount in recent trade. AUD/USD: solid bids 1.0260/65, stops…

EUR/GBP: Plenty of buyers reported in early London trade


EUR/GBP is possibly my favourite pair to trade, having cut my teeth in the interbank market as a…

Cable: Orders suggest a 1.5250/1.5350 range


There is some decent sized interest reported either side of the cable market with bids seen at…

EUR/GBP: Looks like there might have been some stops downside


I was guessing that there were stops below .8500 in the cross and that might well have been the…

Cable looks like a good bet for some European volatility


Nothing of interest happening in Asia so it will be over to the Europeans to get this market…

Cable: Topside stop done but still bearish overall


Huge move in GBP/JPY on Friday ensured that those large stops I mentioned were easily accounted for…