Cable: Still think we could see 1.6250/1.6300 on a spike


Comments from the Bank of England governor, Mark Carney (Reuters story), saw the GBP spike higher…

GBP: Not ready to take a pounding


Cable has rallied back towards 1.6100 but still remains inside recent ranges. The trend remains…

Cable: Still very much in buy-big-dip club


I think we could see prices fall as low as 1.5750/1.5800 on a stretch but I'm strongly of the…

EUR/GBP in retracement mode


The cross has finally started to retrace after a reasonably big fall and the obvious targets are…

Cable: Still targeting 1.63


I reduced my position pre-FOMC and will look to exit the balance on any exhaustive rallies towards…

Lack of bounce in USD will be worrying dollar bulls


We saw a somewhat 'silly' and overdone sell-off in the USD earlier this morning on the back of news…

Cable: Consolidating and looking constructive


The sight of Asian Sovereign funds buying dips overnight will give us bulls added confidence; Bids…

Still prefer to stick with bearish USD play


Some of the levels are getting a bit trickier for instance in USD/JPY and AUD/USD, where it's hard…

Asian market open, Thursday September 12th


  FXWW Asia Open Briefing 12-09-2013 Possible double-bottom on cable with neckline at 1.5750,…

Plenty of action in GBP before and after jobs data


A big hedge fund started buying cable about 10 minutes before the jobs data and you can draw your…

Cable: Still eyeing important resistance at 1.5750


Important resistance looming at 1.5750 in cable (see chart) as clean break-and-hold would raise…

Cable: Set to go higher if retail positioning is any indicator


If this data from Oanda is a good indicator of how the overall cable market is positioned then I…

European open briefing


Thanks to Milan for his European open FXWW European Open Briefing 09-09-2013 Personally I expect…

GBP/JPY looking to test 156.90


Comments from the BOE's Fisher in the Sunday Times have given the GBP an early boost to start the…

Intraday trading range expectations


AUD/JPY is usually one of the more active pairs and I'd expect further consolidation of recent…

Cable: Looks very constructive but needs to break above 1.5750


As you know I'm bullish on the GBP, long against both the USD and the EUR at present. I only sold a…

EUR/GBP: Talk of a barrier at .8450


Lots of people trying to pick a base in this pair which usually means its headed lower. There will…

EUR/GBP: Breaks below recent daily lows


But there is more technical support at .8465/70 (see chart). I'm still running a small short…