50 to 100 pips it makes on daily ranges. But it is dropping like stone almost from 1.53xx - cable rarely drops 800+ pips with no significant bounce back > 300+ pips.

UK Index of Production, November 2015

Bounce back is quite possible - and it could be 400-500 pips - maybe not this week - but I expect some reaction next one. The daily bounces up were quite strong yesterday.

UK Index of Production, November 2015

I've heard so many times 1.42 and 1.37 last 6 years for cable. Yet still somehow it manage to get to 1.63 again . Last time it was at 1.48 most banks were dreaming for 1.37xx and 1.33xx. I guess someone in those banks is throwing a pair of dice ...

GBP/USD: Daily Channel Next; USD/JPY: Neckline Next - SocGen

It's always manipulation when trade goes wrong . The cable was quite squeezed these days and I expect at least a relief rally next week. And USD was pretty stalled against JPY last couple weeks.

ADP: Private Sector Employment Increased by 257,000 Jobs in December

Predictions for 0.95 for December 2015 came true I see. Now we see next set of predictions. It will probably range between 1.05 and 1.15 in 2016. Trends do not go forever.

Don't Sell The Euro Yet - BofA Merrill

I see a lot of USD strength today - especially against JPY :-).

USD Strength and Slowing Demand Plague Commodities in Early 2016

China is still pretty "green" in the game of world debt, money printing and world markets - while the Brits and their offspring USA are quite in the game from some centuries ;-).

CSI300 limit down -7%, done for the day. What a start to the trading year, China.

They seem to follow for a century and are still on the map - same story with Russia.

CSI300 limit down -7%, done for the day. What a start to the trading year, China.

The mighty China! The next reserve currency nation . When everybody would realize that China is a joke existing only because of the Western over consumer behavior.

CSI300 limit down -7%, done for the day. What a start to the trading year, China.

After all predictions for "parity and beyond" for Euro "until December 2015" came actual - now I see the same predictors are playing with the pound .

Pound Outlook Darkens on Referendum With BOE Stuck on Launchpad

Try small buildup with really small orders each 25 pips for a up leg targeting above 1.5xxxx. If the upward movement is only 50 or 75 pips and then reverse again - keep the longs and put same size orders on sell each 25 pips - the first one on the ...

GBPUSD Update, Pound Remains a Sell into Strength Play

That is usually in 80% when such articles start to pop up the cable shreds all SLs by some "out-of-nowhere" mini rally with 200 pips up :-). And after that usually FF posts in "red" some trading-desk Joe (usually on the wrong side) - "Cable pops ...

GBPUSD Update, Pound Remains a Sell into Strength Play

My friends in all society classes in US do not depict the rosy pictures you say - under the surface things are not honey and butter.

FOMC Statement

Same happened when FED stopped the QE. Everyone was shorting EUR like crazy and it went up to 1.3993 instead. If the market reactions were that straightforward as you explain - there would be a lot of millionaires in this site. Honestly - I don't ...

FOMC Statement

My kind-a trader - following a direction with progressive risk accumulation and hedge/lock on reverse to bail-out or wait correction to reduce negative trades. Keep it up!

The Fed Awakens

Right! :-).

FOMC Lead Up: The Sounds of Silence

Yahoo is finished story long time ago. They will just fade out - next headcount will be 1500 and Google or Microsoft would aquire them.

Marissa Mayer is blowing money on ridiculous things like a $7 million Great Gatsby-themed...

Unexpectedly...:-)

US Unemployment Insurance Weekly Claims

Das Audi "Ai Acht" :-).

Oil recovery by 2017? Not likely

Very good! Nice time for my V8 4.2! :-)

Oil recovery by 2017? Not likely