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SFundamental replied Jun 1, 2020Currently they are buying EurGBP at .89000- this is just a short covering rally as well type of mmove
Fundamental Trading Journal
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SFundamental replied Jun 1, 2020Thanks Not-KPMG Goldmans telling people to sell the dollar, the issues with China, and political problems - were always going to put the dollar under pressure In the UK things are starting to open up more as they are in Aus. I was looking at Brexit ...
Cable Update (GBPUSD)
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SFundamental replied Jun 1, 2020Thinking atm. Pound today Goldmans report - weakened dollar US v value on the floor on the re-test url Discount on equities in cash open revert to risk on Cable structure Think S&P capped due to Bloomberg China headline Max pain at 1.25 on futures ...
Fundamental Trading Journal
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SFundamental replied Jun 1, 2020low vol test - need to see aggressive sellers
Cable Update (GBPUSD)
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SFundamental replied Jun 1, 2020They sold it at 1.2400 hvn and flipped some value - but should have checked other stuff url
Cable Update (GBPUSD)
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SFundamental replied Jun 1, 2020Lots of upside value coming in. Don't short at low prices
Cable Update (GBPUSD)
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SFundamental replied Jun 1, 2020Things getting a bit bullish - but some risk coming in, but shorts a bit trapped
Cable Update (GBPUSD)
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SFundamental replied Jun 1, 2020At the investment banks they have strategists - its their job to tell clients & traders what is happening. The best fx strategist in the world is Jane Foley url url Like other strategists, she starts off with looking at what is happening in the ...
Cable Update (GBPUSD)
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SFundamental replied Jun 1, 2020UK headlines are full of the economy opening up again
Cable Update (GBPUSD)
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SFundamental replied Jun 1, 2020And price started selling off from 1.2425- 5 pips away called hours before-hand.....
Cable Update (GBPUSD)
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SFundamental replied Jun 1, 2020Nice long ..dollar weakness (riots/news), aussie strength (news) and a cheap price
Cable Update (GBPUSD)
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SFundamental replied May 31, 2020Went long the Aussie- did not make sense for price to be low Plus they have also opened up some other states + positive sentiment from Friday This is helping the pound...
Cable Update (GBPUSD)
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SFundamental replied May 31, 2020Looking at the chart on Friday...the pound was bullish Just thinking if we will get some more balancing into June I was really looking for 1.2500 Hopefully, Friday's sentiment will carry over- lets see although these riots are not great The Aussie ...
Cable Update (GBPUSD)
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SFundamental replied May 31, 2020The one thing I would say is that on Monday the FTSE will open up in light on the news on Friday
Cable Update (GBPUSD)
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SFundamental replied May 31, 2020Looking at the week ahead Central bank stuff: Aussie, CAD & ECB- plus NFP data on Friday Usual stuff will give me a heads up Pound Tuesday - Brexit negs start url url url url Any extension needs to be done by 1st July - however, Boris has ...
Cable Update (GBPUSD)