There has to be a healthy retracement before a try of 2.0250, if the NFP comes in weaker than expected it's going to be a helluva Friday.

Cable Update (GBPUSD)

Low of the day was 2.0120

Cable Update (GBPUSD)

Plutonite, I'm long usd/chf to 1.2328

USD/JPY Discussion

I don't know what to think of this GBP anymore, it's stalling in the 30s hmmmm.. I am predicting a correction but the BoE was hawkish so a 2.0200 test isn't out of the norm

Cable Update (GBPUSD)

Long at 122.55

USD/JPY Discussion

Well, well, lookie here.

Cable Update (GBPUSD)

FWIW I still see a 2.0200 test after we head "towards" 2.000 :

Cable Update (GBPUSD)

I think with strong ISM we're down towards 2.0000

Cable Update (GBPUSD)

One more upside try, along with solid ISM data and this cross could turn.

Cable Update (GBPUSD)

Never say never.

Cable Update (GBPUSD)

After the rate decision GBP unable to match yesterday's 2.0206 high.

Cable Update (GBPUSD)

Don't be confused, I believe the poster is trading a breakout.

Daily GBP/JPY analysis

Sounds like a holder of a weak long

Cable Update (GBPUSD)

Price action petered out above 2.0200. Interesting. Eur/Gbp selling has stopped for now, I think we consolidate till Trichets presser.

Cable Update (GBPUSD)

Watch eur/gbp

Cable Update (GBPUSD)

Gearing up for another 2.0200 test me thinks.

Cable Update (GBPUSD)

I'm curious whether the 2.0250 test comes pre/post US data

Cable Update (GBPUSD)

The headline of inflation risks in the medium term "lying to the upside" as... The headline of inflation risks in the medium term "lying to the upside" as well as the latest quarter point interest rates hike has proved a small [GBP] positive after ...

Cable Update (GBPUSD)

I foresee a run to 2.0200 before any sort of retrace, even without a raise. So long as the BoE doesn't cut I think 2.0200 is in play.

Cable Update (GBPUSD)

You're kidding about a rate cut right?

Cable Update (GBPUSD)