June 18, 2014
Cable: Time to be wary heading into BOE later today
Most of the signals coming from the BOE over the last few days have been pointing to the fact that…
June 16, 2014
Cable: Still struggling to break above barrier protection at 1.70
Risk aversion brought about by escalating violence in Iraq is weighing on crosses like GBP/JPY;…
June 13, 2014
Carney: UK set for rate rises sooner than expected
Following on from the RBNZ rate hike yesterday, overnight comments from the UK's Mark Carney that…
June 11, 2014
Cable: Looking susceptible to a downside clean-out?
A lot of traders have been jumping onto the GBP bull train at pretty lofty levels and it's starting…
June 6, 2014
EUR/GBP: Even more reasons to be short now
FXWW NewsGBP crossesEUR crosses
The ECB decisions from yesterday make this trade an even more attractive proposition and I see no…
June 2, 2014
USD sitting at interesting intraday levels against other majors
FXWW NewsAUD,NZDEUR/USDGBP crosses
EUR/USD: Back trading around 1.3635/40 which was the major breakdown level. The market has been…
May 29, 2014
GBP staying under pressure in early London trade
Many European financial centres are closed today but that's not stopping London traders from…
May 29, 2014
GBP: Ongoing impact of cancelled Pfizer/Astra deal
As usual in the FX market, there are plenty of unknowns. Did Pfizer buy a large amount of GBP as a…
May 28, 2014
Cable: Should find initial support near 1.6770
EUR/GBP is getting back towards more attractive 'sell' levels and anything near .8150 surely must…
May 28, 2014
GBP/CAD: One for the contrarians to keep an eye on
Without doubt, this has been one of the 'Liebling' trades of the past 6 months, with macro funds…
May 27, 2014
Cable starting to feel very heavy
Those sell orders at 1.6880 capped the market perfectly and stops below 1.6800 are swiftly coming…
May 22, 2014
GBP likely to stay strong at least until .8050 is tested in EUR/GBP
The GBP showed its resilience again yesterday. Certainly the data was strong again but the market…
May 19, 2014
Cable: M&A news could weigh on GBP over coming sessions
AstraZenica has rejected an improved bid from Pfizer to the tune of GBP69 billion. If this had gone…
May 12, 2014
EUR/GBP: Taking small loss on this morning’s long trade
The GBP has been good to me over the last few months and I'm not going to tempt fate by trying to…
May 12, 2014
EUR/GBP: Risky intraday longs in play
As you know I've been bullish GBP for quite some time now and booked my cable profits last week.…
May 9, 2014
GBP crosses technicals
FXWW NewsGBP crossesTechnical Analysis
GBP/JPY sitting right on daily trend-line support; EUR/GBP sitting right above very important…
May 9, 2014
Looking to play EUR and GBP crosses from short side
Morning all. Draghi, as expected, signposted that the ECB will take some action next month and this…
May 8, 2014
GBP: Still see some short-term downside risk
It's important to remember where cable has come from, not just where it might be headed. It's not…