Cable orders: Large stops above 1.5280 and 1.5300


I'm not tempted to sell this time in cable near 1.5250 and in fact I might try buying an early…

Cable: Look to buy a break above 1.5280


It's all about the Yen crosses now and if cable breaks above very solid resistance at 1.5250/80…

BoE: Vote on further QE could be quite close


Tonights MPC meeting is expected to keep QE on hold at GBP375 billion but after a 6-3 vote last…

Early Europe keeping it tight; no directional moves yet


Unless we get some unexpected breaking news, flows and orders are likely to dominate proceedings in…

Cable: Happy to book profits at current levels


A nice 150 pip profit to start the day, even on a small position, is not to be sneezed at so I've…

GBP/NZD big mover overnight on reinsurance flows


Cable has fallen 150 pips overnight and NZD/USD has risen by up to 50 pips after a big reinsurance…

AUD/JPY and cable worth watching in early trade


The break below 97.50 in AUD/JPY has changed the bias considerable in my view; sell any intraday…

Cable: Risk-reward favours sell-rally strategy


Previous weekly lows at 1.5250 proved to be solid resistance last week, despite the usual Monday…

Cable: Stops below 1.5120


These might become a target for the early London interbank market.

Cable: Consolidation below 1.5250, good sign for the bears


As the flow guy never ceased to impress upon us, there were a lot of clever sellers lined up…

Slow day for cable traders


A full 15 pip range in the last 10 hours says it all! I favour the downside here after previous…

Cable stops were triggered in early interbank market


There was an early gap higher in cable this morning when the interbank market opened, as soon as…

Cable still maintaining its bid tone but technical resistance looms


No sign of any big sell orders near 1.5250 (although its quite normal for orders to be cancelled…

Cable: Favour a bearish bias at these levels


EUR/GBP is getting closer to decent support levels near .8450 and cable itself is edging towards…

Cable: Flow guy still thinks it will be toppy above 1.5225


If you've been following his information in recent weeks, you will be aware that he's been…

EUR/JPY continues its yo-yo week


From 124.50 on Friday last, to 121.50, to 124.00, to 122.00, to 124.50 and back to 122.30. EUR/JPY…

Cable: Large expiries at 1.5100 today


This will act like a magnet as prices tend towards the strike price if the amount is big enough.

Cable orders: Still plenty of shorts out there


I wouldn't be at all surprised to see another push higher in the cable during London trade, with…