Additional comments from Yellen: Tightening policy too soon as inflation moves towards 2% might prevent labour market from fully recovering Emphasis shifting to determining what labour conditions would bring about less accommodation Fed needs to ...

Cable Update (GBPUSD)

Yellen basically said nothing. FOMC sees significant under use of labour resources There is no simple recipe for appropriate policy Still unclear on degree of level of labour slack and how quickly it will disappear Gauging labour market slack needs ...

Cable Update (GBPUSD)

HDA is a position trader, will a position trader throw da pc out of window for this kind of move?

Cable Update (GBPUSD)

Last time we had such a long bearish streak was in 2008. OMG.

Cable Update (GBPUSD)

Cable didn't respond to the bad Retail number this morning. Market is looking for reason to buy, not looking for reason to sell.

Cable Update (GBPUSD)

Nothing goes on forever, cable has been bouncing for weeks, without any pull back...

Cable Update (GBPUSD)

Cable is a devil, I love:hate it 50:50

Cable Update (GBPUSD)

Sell the rumour, buy the fact....

Cable Update (GBPUSD)

This week's UK CPI figure is important.

Cable Update (GBPUSD)

And cable's got a hand from Carney too. A few month ago when Carney hawkishly talked up pounds, there has been a theory that BOE would rather use the exchange rate of pound instead of interest rate to control inflation, now that seems to be true.

Cable Update (GBPUSD)

Never post stop loss? Or rather having a dynamic stop loss that's based on the situation?

Cable Update (GBPUSD)

Arguably, policy has never been made on the basis of any figures, but rather on the interpretation of the data which is subsequently influenced by an even bigger agenda of those politicians. The worst of the inflation has yet to come, because as of ...

Cable Update (GBPUSD)

Also CPI is calculated using geometric means but RPI is calculated using arithmetic means, which means CPI tends to be dragged lower by the smaller figures in the basket, I suspect this is done intentionally.

Cable Update (GBPUSD)

Much of the UK headline inflation figures are pure bullshit and made up by a bunch of people more retarded than imbeciles. Grocery are much more expansive than 2009, for example, the Okan Yogurt, in 2009 it was 600g package and regularly you will ...

Cable Update (GBPUSD)

I am thinking more about a long. 6 weeks of red bars in a streak, last time this kind of streak happened was in 2008!

Cable Update (GBPUSD)

lol.....

Cable Update (GBPUSD)

6 weeks for 400 pips sounds very attractive, I think I am in for this!!!

Cable Update (GBPUSD)

You talked about 1.6760 when we were above 1.71, it does take a bit patience but we got here. Now how much patience do we need to see 1.71 again?

Cable Update (GBPUSD)