What is causing the big move in the GBP? Was there some good news for them or is it the bad / so-so news for the US?

Cable Update (GBPUSD)

Overall even after the spikes the uptrend is still intact and the bulls want to go higher. I can't see why they would not want to at least re-test the 1.3450 level a second time before conceeding defeat and jumping on the bear wagon out of town. ...

EURUSD

You are going long now with stops at 3312? Are you setting at TP?

EURUSD

The USD seems to have lost it's steam for the moment. It has given back most of it's gains against the JPY and is struggling up slowly against the EUR. Is it going to give it all back or is it just building momentum picking up more sellers and ...

EURUSD

Yeah it's funny the USD grew strength suddenly against some and died against others... Gotta love Forex.

EURUSD

Luckily I was already out and was simply curious what others were shooting for. I was just wondering what if anything drove this spike down.

EURUSD

Wow what is going on with the USD strength all of a sudden? Or is it EUR weakness?

EURUSD

What targets does anyone with a long position have?

EURUSD

Looks like this weekend could be setting up for some possible gaps when the market reopens... US speech on Friday 1/2 hour before end of day and BOJ speech on Saturday. This could possibly cause some GAPS in both the USD and JPY pairs when the ...

EURUSD

Looks like on the hourly (this last candle) a possible triangle is forming with lower highs and higher lows... Waiting for the news to see a breakout.

EURUSD

I come here more to see what the general concensus is on what is happening and what people see happening. I too have a plan each day complete with goals for profit that I would like to try and achieve. Some days I hit it and others I don't. Some ...

EURUSD

USD news in 1hr — So how are people trading today's news (or are you waiting until after the dust settles)? Better than expected data should be USD positive and worse than expected should be USD negative but with the whole risk / risk avertion ...

EURUSD

Right now for the bears a close below 1.3330 on the hourly or better the 4hr appears to be a key level for continued bearish movement.

EURUSD

Right... so much to learn still about the politics... The way this pair is going it seems no one can ever quite pinpoint how it will react at any given time.

EURUSD

Will they have enough power though as they are struggling.

EURUSD

Bears are tying to run towards 3300

EURUSD

Bad US news will bring the EUR USD down? Why for risk aversion? I figured the way this pair is moving now better than expected US news would bring the pair down and worse than expected would drive it up?

EURUSD

Nice I wasn't looking at the M5 so I didn't see that triple bottom... the bollenger bottom looks like it is ready to tighten up possibly towards the the top band awaiting another breakout?

EURUSD

If it does go down 3306 will prove tought I believe (6/8 MM line) and just below that 3285 is now a support and and area where price bouced around yesterday for awhile on it's way up. Will need some good US news today to breakdown through. Bad US ...

EURUSD

Wow that's deep... It's 6AM here and I will have to get back to you on that...

EURUSD