Anyone is shorting 1.5980 ?

Cable Update (GBPUSD)

right thats why we are trying to figure out whats going on today, and why EU and GU havent rallied

Cable Update (GBPUSD)

why havent they by now? I think that just shows that the downward pressure is very strong.

Cable Update (GBPUSD)

With equities and commodities rallying, GU and EU bulls dont have much of steam behind them, and imo, both will resume downward when the first excuse will present itself.

Cable Update (GBPUSD)

small divergence so far though, but lets see how it develops.

EURUSD

why?

EURUSD

yeh, finally some activity USD index broke below 79 but RSI approaching oversold

Cable Update (GBPUSD)

You very likely might catch a break and close at breakeven or very close to it.

Cable Update (GBPUSD)

Well a good Pending Home Sales number most likely will push equities up and assist EU and GU, I wonder how market will react if it will be much worse than anticipated though.

EURUSD

not yet, but possible.

Cable Update (GBPUSD)

Im thinking if it gets to 1.5950 again Ill short it ... for 20-30 pips

Cable Update (GBPUSD)

heh Im having coffee myself

EURUSD

my old stock broker but check this url

EURUSD

So who is holding what at the moment?

Cable Update (GBPUSD)

DJ +30 SP500 +4.25

EURUSD

1045 GMT [Dow Jones] EUR/USD shorts unsurprisingly took some profit after the spot hit its 1.3860 downside target and with the daily RSI now oversold a small rebound should be allowed for says Commerzbank analyst Karen Jones. A break above near-term ...

EURUSD

Weak momentum on upper movements, meaning its safer to trade selling rallies.

Cable Update (GBPUSD)

CABLE: Recovery faltered just above $1.5950 with pullback finding support sub $1.5920 ($1.5916 76.4% $1.5004/51). Rate currently trades around $1.5925. Bids now seen placed from around $1.5915 through to $1.5900. Resistance $1.5950/55. Provided by: ...

Cable Update (GBPUSD)

They are flat

Cable Update (GBPUSD)

CABLE: Moves below the Asian base at $1.5920 to extend intraday lows to $1.5904. Bids reported in place around $1.5900 ($1.5898 61.8% $1.5850/1.5975). A break and clear below the figure to open a deeper move toward $1.5880. The $1.5850 level said to ...

Cable Update (GBPUSD)