May 7, 2014
GBP looking overbought on the crosses to me
I booked profits on my medium term cable long position as I don't like the look of some of the…
May 6, 2014
GBP/USD: Looking to book profits near 1.6970
I would not advise going short cable given the current sentiment but I am happy to book some…
May 1, 2014
Cable: Keep your finger on the buy button
I still see no reason for abandoning the bullish cable strategy and my target at 1.75 is looking…
April 30, 2014
GBP bullish case looking stronger
Cable doesn't want to retrace it would seem and this consolidation near new highs is a very…
April 28, 2014
Cable: Still favour more topside moves
The short-term price action feels like classic consolidation and more gains look likely. That said,…
April 25, 2014
Cable intraday: Play 1.6770/1.6810 with bullish bias
The very strong up-trend and consecutive hourly lows near 1.6760 give us the bullish bias;…
April 24, 2014
Cable flows: Bids at 1.6760, stops below.
Flows and OrdersFXWW NewsGBP crosses
There were large stops reported yesterday below 1.6760 but interestingly the overnight low was…
April 23, 2014
EUR/GBP still tracking higher post-BOE
The aforementioned stops above .8230 were easy pickings after the Monetary Policy Committee of the…
April 23, 2014
EUR/GBP: Moving higher in early European trade
Most of the market's focus has been on the crosses in recent weeks and today is no exception. The…
April 22, 2014
EUR/GBP: Looking to build on short position between .8180/.8280
I'm quite bearish on this cross but as we know it can trade sideways for weeks on end before going…
April 17, 2014
Cable: Stops triggered above 1.6825 in thin trading conditions
Market conditions were always going to start thinning out today ahead of the long weekend and the…
April 17, 2014
EUR/GBP: Fresh shorts in play
I had a really good run lower on this pair from .8540 to .8200 and even managed to turn long once…
April 16, 2014
GBP/NZD worth considering a long trade on bullish break of 1.9520.
GBP/NZD has just broken technical resistance near 1.9520; Cable looks set to break above important…
April 16, 2014
GBP: Testing important resistance levels after very decent UK jobs data
Unemployment rate now under 7.0%; Very important technical resistance in cable at 1.6825; Clean…
April 15, 2014
Cable: Market targeting stops below 1.6680
As many have pointed out to me since my last post, the double-top on the daily chart will lead to…
April 15, 2014
GBP: I’m turning very bullish again
Please don't ask me for 5 exact reasons, but the overall price action especially on the crosses…
April 10, 2014
Cable: Large stop-loss orders above 1.6830 (could get nasty in Twilight zone)
Flows and OrdersFXWW NewsGBP crosses
There are some large stop-loss buy orders above 1.6830 in the cable and although that's still 40…
April 9, 2014
Cable: Consolidation over, buying dips now preferred
The USD is losing friends across the board and with pairs like EUR/GBP starting to break lower…