If it's expected to, that should have already be reflected in the price. We're currently in the mid range at the moment, not a high nor low of the swing between 1.59 and 1.57. We're sitting near where we were yesterday before the US rate release. No ...

Cable Update (GBPUSD)

It's the inflation report that will decide the direction.

Cable Update (GBPUSD)

Even though I'm not a raving fan of MA's, I think the 200 SMA on the hourly could lend some support to the pair. (that's the red one)

Cable Update (GBPUSD)

I stand corrected. My time is wrong.

Cable Update (GBPUSD)

It's been open for 50 mins.

Cable Update (GBPUSD)

I would tend to agree. However, it's the inflation report fears which is dulling the bullish vibe.

Cable Update (GBPUSD)

Dollar Poised for Further Declines BY CHRIS DIETERICH AND ROBERT FLINT With the U.S. recovery clearly faltering, the dollar appears likely to go only one way against its major competitors: down. Friday's nonfarm payrolls data for July came in well ...

Cable Update (GBPUSD)

Vouch — Hi fti, I really appreciate all your wisdom, input and time you've put into this thread and ultimately into the lives of other trader; thank you. I hope you will be blessed in all areas of your life. I am giving you a vouch. David

Technical Analysis Fallacy

Anybody?

New York close to Asian open Strategy

An interesting pattern on the GBP/CHF. Even though taking a big fall, the pound is still above the main trend line and as long as it holds will lend strength to further cable strengthening.

Cable Update (GBPUSD)

The consensus between banks and big traders is the GU will finish the year about 1.60, which is higher than it is now.

vsa with Malcolm

Deffo. It's wanting to at least touch 1.5500. It wants to see how it reacts to it... it wants to!!

Cable Update (GBPUSD)

Talk about a speculator!

EURUSD

I don't like this time on a friday because a bunch of small fries can push price fast and far with little money because of the low liquidity.

EURUSD

Major resistance lines as I see them.

USD/JPY Discussion

Good job mate, replicate and keep it up.

EURUSD

I dunno, I have the sentiment of sideways or bullish.

USD/JPY Discussion

I think a break of 1,2846 could send it up again; but that's speculation at it's best. Let's wait to see the results of the stress test shall we!

EURUSD

The continuation pattern of the triangle will mean nothing if the news is clear and strong for the Euro, or weak for the Euro. You're right, it's like a bear flag but I think price will react different in these exceptional circumstances.

EURUSD