They want to keep it above 1.2650 ish Ideal target 1.2700 Equities could rotate a bit Issue is China- pretty sure that they will sell it later on

Cable Update (GBPUSD)

Not really expecting that much on equities

Cable Update (GBPUSD)

Nice sell on equities + pound now under pressure url

Cable Update (GBPUSD)

Equities not looking too healthy - this could put some pressure on other risk assets

Cable Update (GBPUSD)

Even though we did not get much of a buy - Asian traders still sold the pound

Fundamental Trading Journal

Looking at the pound atm China had a pop- about the Huawei situation url If we can get a rally into the Aussie open - would be a nice sell. The only thing that will drag the pound up is equities. Plus on Friday there are going to be concerns about ...

Fundamental Trading Journal

global risk starting to improve

Cable Update (GBPUSD)

1.2650 defended......- to the tick guys lol With not a single chart

Cable Update (GBPUSD)

Took a cheeky sell at 1.2640 If we can get a nice pullback into the cash open that will be good.

Cable Update (GBPUSD)

Lots of pos news on the pound url Plus a beat on inflation But: 1.2369 is the 2nd std deviation for the today If we get there 1.2650 will likely be defended.

Cable Update (GBPUSD)

See bullish above 1.2550 Actually this was being defended as well... Plus CPI beaten ......... that big move up was bearish manipulation- hit R2 plus a standard deviation- pullback to 50 retracement After today ...things calm down a bit

Cable Update (GBPUSD)

So where are we at: Friday was a great day to sell UK the economy had opened up, the chancellor had given his talk on moving the economy forward I think on Wednesday so all the positive information was out there. So it was a great seller news type ...

Fundamental Trading Journal

Pufferfish knows a lot- but take your point on adding to a losing trade I did notice that option skews more + for tomorrow- above 1.2550

Cable Update (GBPUSD)

Shops are opening There is an issue of an increase in the virus - but Boris is going to tell people to wear masks in shops UK Bearish views Option guys a bit bearish on Cable atm. Frost is going to have a meeting on Brexit next week The UK - is now ...

Fundamental Trading Journal

Right - they rallied UC into the data release and then sold it …. they re-tested into the POC...which was nice And now selling off nicely... but there is a large POC....

Fundamental Trading Opportunities

Got short on the DollarCad from the London open Cable longs as well.... The issue is the credit markets......to use the technical phrase - they are stuffed atm Although they seem to be more supportive during the London session Will have to see how ...

Fundamental Trading Opportunities

Macro Update The Chancellor brought forward a mini budget which is really going to boost the economy Cable rallied on the back of that – plus we got a great discount The sell off today was really in respect of the credit markets they're not too ...

Fundamental Trading Opportunities

Well that's what some are showing on this thread (leveraged) Not sure where my post implied that this was non leveraged - if this was your interpretation it was incorrect

Cable Update (GBPUSD)

Welcome to FF...not make people look to stack macro narratives when looking for a trade.

EURUSD only

Nice long on Cable at 1.2510- Then a pullback for the US session - and off she went again. From a valuation perspective We are a decent high and the Au is selling....and the pfs

Fundamental Trading Journal