Last one tonight. Since the jump appears to be a reaction to Miles' comments which is sort of a repeat of one that he made before, this suggest that the price action maybe pre-run for some surprise in MPC voting, should there be no change then ...

Cable Update (GBPUSD)

A lot of hurdles to overcome before reaching those targets, but we are getting on the way. I need some sleep, so not gonna be watching MPC voting 430GMT, hope I wake up and see some surprise. Good luck to all.

Cable Update (GBPUSD)

That "small fakeout" is after hours so basically it's range bounding, agree that 6 red daily candle looks bearish, but in the same time I think there's a chance that we are seeing the forming of a bull flag or pennant.

Cable Update (GBPUSD)

Pending breakout for cable, bias is to the upside. Target 1.5743 first, then 1.59, if UK hiking become a real deal with some policy move like the rate decision voting change, then I wouldn't be surprise if we have a run for 1.62.

Cable Update (GBPUSD)

Still want to see if this multi year high on Monthly chart will hold, this is a heavy area for sure.

USD/CAD

Well done, SucGen, lol. My 15m chart has a whopping 100pips gap, but since this doesn't look like a exhaustion, I guess it won't be filled for a while.

USD/CAD

Bank of England Dove Says Raise Interest Rates Soon <--------First look at this title was quite confusing.

Cable Update (GBPUSD)

Second bounce off channel top today, looks like it is waiting for the news tomorrow with a bearish bias. I am watching a sustained H4 break above 1.2752 as a bullish conviction, there isn't any so far.

USD/CAD

USD Strength coupled with oil weakness this morning. However, look at oil H4, I suspect some sort of retracement are due, which could lend to CAD retracement. Will see

USD/CAD

Just a fakey, don't expect any real break out until after Wednesday. CAD big boyz are bunch of w**kers and cow*rds, they simply don't have the balls to play the hard game

USD/CAD

I am surprised the NFP and unemployment figures hasn't brought USD down against GBP, maybe there is just a delay.

Cable Update (GBPUSD)

Viewed from longer term chart, particularly the monthly, USDCAD is at a very significant level, 1.2800. Without a convincing break to the above, the level will limit the upside potential. The most evident feature on weekly is how 1.2800 have been ...

USD/CAD

Nice one, never trade geppy but with FOMC coming in in less than 3 hours, such technical shouldn't be ignored

Cable Update (GBPUSD)

I suspect cable is largely ranging, not trending lower. Also since cable got stuck between Eur and USD amid the Greece drama, a lot of flow driven movements, thus the volatility is a bit high, watching the lower boundaries, 1.53/1.5221 etc.

Cable Update (GBPUSD)

WTF is cable doing today!!!

Cable Update (GBPUSD)

I order some USD cash for a trip yesterday, now think it was a very timely purchase

Cable Update (GBPUSD)

1.5741(Roughly) is an interesting level when looking to the left. So far the drop of cable is not damaging its bullish tone yet. USD Final GDP q/q tomorrow, might be a play for that. Also notice that for today EURUSD reacted to the data inversely, ...

Cable Update (GBPUSD)

Is the cable move this week so far driven by JPY flow?

Cable Update (GBPUSD)

Very likely, cable has been react to the data nicely until after the NFP. Something is coming.

Cable Update (GBPUSD)