EUR and GBP staying rangebound


EUR/USD looks technically toppy in short-term so long as 1.3425/50 resistance is able to hold;…

GBP: Plenty of two-way flows to end the month


EUR/GBP rose 40 pips yesterday on the back of M&A flow chatter; Asian Sovereign Funds…

Cable: Looking to exit longs on test of 1.5750


There is major resistance at 1.5750 in the cable and I'm not sure if we will get that much of a…

GBP outlook: Still looking strong on the crosses


The GBP has eased lower in early Asian trade after BoE Weale said further QE could happen under…

GBP/USD: Still long, still like it; 1.5750 critical resistance


I'm not sure that my timing is correct on this trade but I will persevere as I believe that the GBP…

EUR, GBP still looking quite strong


Any big move higher in EUR is likely to be driven by equity-manager flows according to bank…

GBP continues to make gains on crosses; EUR/USD set to test 1.3425


On technical side, EUR/AUD held important support at 1.4450 and bounced almost 200 pips; USD/JPY…

EUR/GBP: Small short position in play


I'm chronically bearish on this pair but have found it very difficult to get the timing right. I'm…

Cable: Very important resistance at 1.5750


If we were to get a weekly close above 1.5750 that would raise the prospect of a double-bottom…

Cable: Still heading higher


You all know my extreme views on cable by now, based on recent price action and overall GBP levels…

Metal moves suggest USD weakness ahead


Twice this week Silver has posted a daily gain of 5%+, this is a serious signal and not to be…

European currencies range-bound in Asia: USD/CHF squeezing shorts


USD/CHF has been a significant mover over the last few days and the short squeeze could pick up…

Cable: Prefer to buy intraday dips to 1.5430


The main factor still for me in the cable is the impulsive nature of last week's move from 1.5200…

GBP/AUD: Watch out if it falls below 1.6870


There is a short-term topping pattern in both EUR/AUD and GBP/AUD, but have a look at the daily…

Old cable traders made to feel young again; and cable heading higher


It was a crazy trading period for the cable whilst the BOE were issuing their forward guidance. It…

Cable: Back to the good old, wild old days


Sorry but I've been tied up with admin surrounding the chat-room but I've obviously been watching…

AUD/JPY breakdown weakens the case for ‘bottom-picking’ the AUD


More stops have just gone off below 97.00 in USD/JPY and I think this will be a common theme in…

Cable longs in play, initial target at 1.5435


I took a small long position earlier today at 1.5350 (see post) for the very unscientific reason…