March 19, 2014
Cable: Buy big dips onto 1.64 handle
The GBP remains under pressure with quite heavy selling against the EUR, AUD and the NZD. Cable…
March 4, 2014
GBP will be vulnerable whilst geo-political uncertainties continue
In the short-term, the overly long GBP market will remain vulnerable to squeezes whilst the…
February 19, 2014
EUR/GBP and AUD/NZD in ‘recovery’ mode
Trade IdeasGBP crossesFXWW NewsAUD,NZD
These have been two of the more persistent bear trends in the crosses in recent months but both…
February 18, 2014
GBP/JPY trade update
Trade IdeasFXWW NewsGBP crosses
I've got a fixed take profit order at 172.15 on last week's long position and with EUR/GBP possibly…
February 18, 2014
EUR/GBP: Taking profit on medium-term shorts
Trade IdeasFXWW NewsGBP crosses
I've been short this pair for months but the fact that we've consistently stalled at a major…
February 13, 2014
Cable: Looking to play 1.64/1.68 broad range
Trade IdeasFXWW NewsGBP crosses
As you are no doubt sick of hearing, I've been long and bullish GBP for some months now. I still…
February 12, 2014
GBP/JPY: Starting to build a long position
Trade IdeasGBP crossesFXWW NewsJPY crosses
I'm already running core long positions in GBP against the EUR and the USD, so perhaps its time to…
February 6, 2014
Cable: Still like buy-dips play whilst 1.6220 holds
Trade IdeasFXWW NewsGBP crosses
Obviously the GBP bull trend is getting reasonably mature but on a long-term view it remains…
February 4, 2014
GBP crosses hit hard as trailing stops kick in; GBP/JPY technical support at 164.00
Flows and OrdersOpen/WrapFXWW NewsGBP crosses
GBP/JPY was the main mover yesterday driven by a carnage of trailing stops across the board;…
January 24, 2014
GBP/CHF: Looking to buy near strong technical support at 1.4870
Trade IdeasGBP crossesFXWW NewsTechnical Analysis
Trend-line and a 61.8% retracement level converge near 1.4870 (see chart); If buying this dip,…
January 23, 2014
Hope you’re all clever enough to be long GBP/CAD
Trade IdeasFXWW NewsGBP crosses
Big mover overnight with classic scissors move, GBP going up and CAD going down; Remember this…
January 23, 2014
EUR/GBP: Sitting on base of recent bearish trend channel
Trade IdeasFXWW NewsGBP crosses
This suggests that the market is somewhat oversold (but that bear trend remains in play); I would…
January 21, 2014
Cable: Heavyish feel heading into the European open
The GBP hasn't seen a lot of action today apart from some selling against the all-conquering NZD…
January 20, 2014
Cable: Buy intraday dips towards 1.6370
Sentiment remains strongly pro-GBP after Friday's retail sales data came in well above…
January 17, 2014
EUR/GBP: Continue to trade the downward channel
Trade IdeasGBP crossesFXWW NewsTechnical Analysis
One constant for me is the fact that EUR/GBP is headed lower; I'm continuing to trade the downward…
January 15, 2014
GBP: Plenty of demand in early London
Flows and OrdersFXWW NewsGBP crosses
Reserve names and real-money funds have been buying GBP against the USD, EUR, JPY and AUD in early…
January 15, 2014
Cable: Bull trend in place but expect more sideways in short-term
Technical AnalysisFXWW NewsGBP crosses
4-hr chart shows the bull trend still in play but the MAs losing momentum (see chart); Major…
January 10, 2014
Cable: Building short-term base near 1.6450
As you know, I'm a bit one-eyed when it comes to the GBP but it continues to trade very…