Now at .8500 +80 pip trade Could tell Cable buying dried up after the fix

Cable Update (GBPUSD)

Right currently up 80 pips on non volatile pair (EG).....just going to let this run.

Fundamental Trading Journal

This is interesting.... url

Fundamental Trading Journal

Still holding EURGBP from .88800 now at .89300 Would expect more stress on the pound in the coming days. Actually re-tested into .88800 this morning. These are the trades I like....macro ones....

Cable Update (GBPUSD)

Reading this atm url How can two investment banks have totally differing opinions and call them both trade of the weeks

Fundamental Trading Journal

Result- bit of scalping url

Fundamental Trading Journal

ATM its all selling Cable.- feels a bit extended So small long- off that level risk is flat/positive url 1.257 is might get defended unless UJ does some long covering

Fundamental Trading Journal

Missed UJ - 1% move on it today Never mind

Fundamental Trading Journal

Right they drove down into the London open. And bought it from there. Had a limit order of .8880- go the rally. Then dollar sentiment took over. This move up is due mainly to euro being a bit stronger than the pound. However, the closer we get to ...

Fundamental Trading Journal

gotta a go - have a good one

Cable Update (GBPUSD)

Result url

Cable Update (GBPUSD)

Value wise - not looking great for Cable - closed my long url

Cable Update (GBPUSD)

anyone long

Cable Update (GBPUSD)

They managed to sell a bit....... Dollar finally got a bid atm we are at a poc/hvn-

Cable Update (GBPUSD)

Fundamentally, why would you short the pound atm. Apart from price

Cable Update (GBPUSD)

They are trying to sell it...but global risk is squeezing it url

Cable Update (GBPUSD)

Bit of a seller at 1.256

Cable Update (GBPUSD)

Got .8800 currently up 20 pips stops now at break even+1 There is euro yen option hedging at 1.20 though

Cable Update (GBPUSD)

Thanks Marcieny

Cable Update (GBPUSD)

Well other banks think the same: url We have a big fat discount.

Fundamental Trading Journal