September 19, 2014
Last YouGov prediction: 54% No, 46% Yes
Cable is back above 1.6400 as vote-counting commences.
September 19, 2014
GBP: No vote looking very very likely
The GBP has continued to recover over the last 12 hours and the No-to-independence vote looks…
September 18, 2014
GBP: Was Betfair election pay-out just a marketing exercise
There is some suggestion in the marketplace that the Betfair early pay-out on the Scottish…
September 18, 2014
GBP: Best avoided today unless you are a professional GBP trader
The Scottish referendum voting booths will open in about 12 hours time and we can expect plenty of…
September 10, 2014
Poll rumours sending GBP all over place
The latest rumours on Twitter are suggesting some sensational new poll results putting the…
September 8, 2014
“It’s never too late to sell Sterling”
Well so the old market adage goes. The pound continues to look very weak and susceptible to further…
September 8, 2014
EUR/GBP: Buy short-term dips, sell medium-term rallies
I also do not like uncertainty, just like most traders, and a Scottisk vote to leave the UK would…
September 8, 2014
EUR/GBP: Resistance levels near .8035 holding for now
There was a nasty gap lower in the cable on the interbank open, with first prices quoted below…
September 7, 2014
GBP set for rocky Monday opening after latest Scottish polls
We can forget about Fibos and fundamentals tomorrow morning, it will be all about positioning after…
September 5, 2014
EUR/GBP: Shorts preferred for .7870 test
EUR crossesFXWW NewsGBP crosses
I prefer this pair in the short-term to others like EUR/CAD and EUR/AUD for the simple reason that…
September 4, 2014
Cable: ‘Superstitious rot’ but it’s nearing an historical pivot level for me
I've been trading cable for fast-approaching 30 years and there are some levels which stick in the…
September 3, 2014
EUR/GBP: Should offer good two-way trading opportunities
I haven't been trading this pair actively enough to have a strong grasp of what the big levels are,…
September 2, 2014
Cable: Still long, looking to play 1.6570/1.6670 range pre-BOE
The going has been slow for the cable but I'm of the view that a base will form between…
September 1, 2014
Cable: Base confirmed; but 1.6670 should provide intraday resistance
Nice bounce in the cable in early Europe and all of the recent price action suggests to me that a…
September 1, 2014
Cable: Adding to longs, bullish break likely
I've been trading the cable range nicely for the last few days and I feel that we may be about to…
August 29, 2014
Cable: Happy to stick with longs for now
I've been trading the short-term 1.6570/1.6610 range to good effect and I am still long in the hope…
August 28, 2014
Cable: Still long, trading 1.6570/1.6610 s/t range
I'm of the view that we may be trying to form a base near 1.6600 and return to the bull trend. I've…
August 19, 2014
Cable: Technical support at 1.6612
Cable has fallen sharply after the lower than expected CPI numbers. The 61.8% retracement of the…