BoE Minutes — King wanted £75B extension. Should be super bearish for Sterling.

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

Who died.? — Everything falling off a cliff last 30 mins. I would normaly agree with Raza and say pros are buying here, but with all indices dropping, bearish sentiment only right now. Any reason/data for this seling?

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

Divergence (bearish) — We've all seen the Hidden bearish divergence on the Weekly TF. Chart. image What is interesting me is the Monthly TF. Not quite a classic or valid divergence in the truest sense of the word, but the discrepency in ...

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

Exactly. Makes me laugh every time they do it. Another favourite; 'Carry trades recover and investors seek riskier assets as they are buoyed by the improving economic conditions' This 'rally' looks merely like a retracement for the next leg ...

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

Agreed — If ever there was a lame duck PM, Brown is it, he always has been. Wasn't elected by the people, not charismatic enough for the British electorate and no one is in any doubt anymore who's to blame for the UK's crippling debt. BUT, ...

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

Wow — Now that's what I call the bigger picture. lol

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

156 area — There will be orders at 156 for sure, but i'm not sure how many would risk it when you look at the 1hr TF. We may see a small bounce. Just wouldn't surprise me if we didn't......

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

Double bottom — No double bottom here IMO. It took long enough to comprehensively break 157, so I can see GY cutting straight through 156. ES has taken a huge dive and unless something changes to bring it back to test 1000, we could se ...

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

Funny — Yea, it's funny how Esignal take their volume from many sources yet it is barely any different to a standard MT4 broker. I make a point of doing comparisons between Malcolm's charts and my own and have never seen a major difference. To ...

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

Really? — I've compared a couple of MT4 broker volumes to those of Esignal and they have been remarkably similar.

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

Here..? — Not sure what that is or what it looks like, but have you tried here? url

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

Just a saying — It's just a saying. Got lost in translation I guess.

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

Wow — That's some rejection.

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

Doh! — What do I know. Seriously though, 157 is key and if we break that 156.37.

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

Pressure down.... — Still looks bearish to me. 38% fibo from 147-163 upmove sits at 157. We've bounced from it once, If we break it, we go down hard I think. Similarly, if we reject hard, we test 163 again. We're in no mans land right now. Big ...

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

???? Strange — Dollar has now weakened against the Yen. This should indicate massive Yen strength considering the FED news was largely seen as $ positive. Yet GY and AY have not fallen significantly. Watching this closely; looks like market ...

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

There are a great many people who have lost their shirts betting on this. It's worth remembering there is no one and I mean no one who could pick up the slack if the US economy folded. China has a very light domestic consumption, Europe would simply ...

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

2 possibilities — i, A mark-up. ii, A leak. FOMC would not consider raising rates surely..?

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

Volume — Volume isn't massive considering te size of the last bar. Pros are involved for sure, but they're doing just enough to make the move seem significant. It might be for all I know, but I smell manipulation. image

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

Looks like.... — a mark-up to me. Pros want to sell higher after the FOMC decision. Has it scared the shorts yet? lol. My bias is still short despite this move.

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