Fakeout = Fake Breakout Technically this isn't really a fakeout since it's still dancing within the range set in Asia session. Lot of people though tend to take the term to mean any rapid movement, usually occuring around major news events or end of ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I really don't have any prospects that the probes will do anything definitive either. More than likely the regs will just go waggle a finger at the banks saying "don't do it again" and getting doe-eyed replies of "yes sir, thank you sir, three bags ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

It certainly looks like a strong bounce for the moment. I agree there should be a another squeeze to kill the weak shorts but all these new fraud probes has to have sent massive jitters into the markets. The bounce, if it happens, shouldn't be too ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Small and most likely insignificant i know but some more trouble ladelled onto GS shoulders in Australia. Not quite sure yet what's up with this class action. url BTW is that Tintin?

Auslanco - GBP/JPY and GBP/USD (newstrade)

kinda sus isn't it? Cable plowing straight into the 1.5 psych level 30 mins before major GBP news on a weak Asian session and a weak European opening.

Auslanco - GBP/JPY and GBP/USD (newstrade)

and here it is........... Fannie asks for another $8.4 billion url

Auslanco - GBP/JPY and GBP/USD (newstrade)

Very informative

Auslanco - GBP/JPY and GBP/USD (newstrade)

I really wouldn't be surprised if they sneak such news in the aftermaths of the "expected" great NFP number tomorrow

Auslanco - GBP/JPY and GBP/USD (newstrade)

LOL. awaiting a similar announcement from FNM any day now.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Did they secretly re-peg the EURCHF at 1.4325, or is the SNB undergoing some serious and continuous intervention.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Poll ≠ Election Bloomberg = trying to find a reason for everything it can't explain

Auslanco - GBP/JPY and GBP/USD (newstrade)

Karmo, the patience pill pimp is in da house

Auslanco - GBP/JPY and GBP/USD (newstrade)

not necessarily, I'm looking at weak and still declining volume here on the rise

Auslanco - GBP/JPY and GBP/USD (newstrade)

Interesting, a quick markup to the resistance level just before london

Auslanco - GBP/JPY and GBP/USD (newstrade)

? its wednesday mate Is your houseboat anchored on either side of the international date line? Hell even that won't work........

Auslanco - GBP/JPY and GBP/USD (newstrade)

Its strange because its not usual you see FX charts shown using a logarithmic scale. Any false breakouts, truncated waves etc will be highly exaggerated at the lower end, and minimalised at the upper end, both of which will be equally confusing when ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

straight line channels on a log chart?

Auslanco - GBP/JPY and GBP/USD (newstrade)

I wouldn't mind the AU falling that far TBH but i really can't see that furious of a fall unless you see some major GU/EU tankage around 1.1/1.0 or lower respectively.

Auslanco - GBP/JPY and GBP/USD (newstrade)

lol very nice catch

Auslanco - GBP/JPY and GBP/USD (newstrade)

lilmoe should make an appearance these days

Auslanco - GBP/JPY and GBP/USD (newstrade)