Still though, a 20 pip dive in 2 minutes doesn't make sense. Feels like the Turkish Lira, lol.

Cable Update (GBPUSD)

What just happened? Was there a major news release or something? Frankfurt came online and they demolished the pound like it was 1942.

Cable Update (GBPUSD)

I don't think he's trolling, which is the really sad part.

Cable Update (GBPUSD)

I'd don't think it will stay boring for long. I feel like London will open with a nice rally.

Cable Update (GBPUSD)

Up Up and AWAY!

Cable Update (GBPUSD)

A better economy means a rate hike is sooner. The better the accumulative news, the sooner the hike. Carney's metrics are just that, metrics. He is explaining the thought process of the BoE. Nothing he says changes the fundamentals. Better news ...

Cable Update (GBPUSD)

The headline is very upbeat. He talked about so many things, but the headline was that housing market is in widespread recovery.

Cable Update (GBPUSD)

Mark Carney says UK housing market in widespread recovery url Seems like the BBC's take on the interview is pretty upbeat. Headlines like this matter in the short term. I think its gaping up.

Cable Update (GBPUSD)

Thanks

Cable Update (GBPUSD)

Any ideas how to gauge the gap? Is there any data for weekend transactions out there?

Cable Update (GBPUSD)

Not necessarily. If the numbers keep coming back good, the interest rates could hike sooner. Carney never gave a time frame, he only gave the metrics which need to improve. His new forward guidance however makes the claimant figures far less ...

Cable Update (GBPUSD)

Someone's grumpy this morning. I can see no correlation between post count and thread quality. Case and point: your last aggressive post which added zero value.

Cable Update (GBPUSD)

Hmmm, I couldn't really find anything fundamentally different in what he said. The bulls will still think the rate hike is coming sooner. The bears will keep thinking its going to be low rates forever.

Cable Update (GBPUSD)

Hope Marr gets some good answers out of Carney.

Cable Update (GBPUSD)

Seriously

Cable Update (GBPUSD)

Why are you guys shorting? I really think this baby is going up to 1.700 during the next few days.

Cable Update (GBPUSD)

Logically the USDTRY should be at 2.4 or more by now. But logic went out the window.

Exotic Pairs (EURTRY, USDRUB, MXNJPY...)

I gave up on the TRY. I'll wait for a serious movement to buy again. I don't understand why its going down, with all the bad news and negative outlook and Erdogan's dictatorship, who the hell has any investor confidence? Hopefully Yelen today says ...

Exotic Pairs (EURTRY, USDRUB, MXNJPY...)