GBP ready for another leg lower. Double top formed on 1H tf. Will likely go to 1.28 at least now.

Cable Update (GBPUSD)

Indices are going crazy today. If this trend continues it can cause for a uptrend in JPY and especially for GBPJPY. Keep an eye on the indices.

Dragon Riders GBP/JPY

European markets are going up on steriods, I expect a big reversal with these kinds of gains on indices.

USD/JPY Discussion

Bounce incoming for GBPJPY, may trigger a bounce for GBPUSD as well. Beware for shorts.

Cable Update (GBPUSD)

PIvot point S3 hit on GBP JPY 1H Chart.

Dragon Riders GBP/JPY

Beware, the money that is moving out of GBP is not just the big banks, but also wealthy people etc. Foreign investment is what drove GBP to great heights in the first place. This isn't the usual drop manipulated by banks. Technical trading doesn't ...

Cable Update (GBPUSD)

Exactly timed with a new daily low of usdjpy, hope you got in mate. GBP USD also still going down, just to stay ontopic

Cable Update (GBPUSD)

Yes, I already opened the trade at 133.06, but it is trading in a range between Pivot point S1 and S2 and it keeps bouncing of S2, but when USD JPY sets a new daily lows it will break with relative ease, pushing GBPJPY down to possibly 130 region.

Cable Update (GBPUSD)

Zero intention to rally again. Indexes settings higher highs and all currencies are setting themselves up for more quantitative easing in which GBP is taking the lead. Trade tip: Short GBPJPY it is about to break it is trading in a range towards the ...

Cable Update (GBPUSD)

Both hammer signal on 15m and 30m TF. Reversed to long

Cable Update (GBPUSD)

This looked like a pump and dump. Trapping some longs and stopping out shorts. Downtrend still intact.

Cable Update (GBPUSD)

Why trade the hard way? I know 0 people who are profitable trading against the trend. They always get stopped out by a trending spike. I wish you good luck, because we are both obviously biased to one side, but momentum and trends have learned me to ...

Cable Update (GBPUSD)

Interesting find! The CNY is capped in a trading range against the dollar so it probably will benefit from it a lot. I already was really bullish for USD/JPY. But this can be a good trigger to open some longs.

USD/JPY Discussion

The momentum down is so big now. Shorting is the only option these days. -possibility of rate hike has rising in the past week for USD -BoE even holds the door open to 0% interest rate and the market is anticipating such a move to happen as well. ...

Cable Update (GBPUSD)

It wouldn't suprise me if GBPUSD is going to bounce back to the 1.31500 area later this evening. So many mixed signals can cause big week ending moves.

Cable Update (GBPUSD)

Downside probability is low. The rate cut was somewhat priced in already and the run up towards it was more based on regained trust in the british economy, rather than the possibility of the rate not being cut. Bloomberg already priced in rate cut ...

Cable Update (GBPUSD)

What happens to EUR/USD in case of rate drop at BoE. And what happens when rates stay the same?

EURUSD

Long DAX @10330 Target 10480

Carpe diem: Intraday tactics for Dax and Dow

No news is good news could be applied to GBP.

Cable Update (GBPUSD)

This is one of those days where you can feel that it will spike higher. No big events and a PM whose is talking about working together with EU. The GBPUSD gapped up when it was announced that she would become PM, momentum on that event is still ...

Cable Update (GBPUSD)