UK inflation risks remain benign and the Bank of England should have a free hand to cut rates by a quarter point at the November monetary policy meeting, says David Brown at Bear Stearns, following the release of the September inflation data. "This ...

Cable Update (GBPUSD)

UK September CPI +0.1% on month versus +0.4% in August, on year +1.8%, unchanged from August's +1.8%. DJN forecast +0.2% on month, +1.9% on year. Core CPI +1.5% on year, its lowest level since October '06, versus +1.8% in August. DJN forecast core ...

Cable Update (GBPUSD)

noted

Cable Update (GBPUSD)

OIL @ 87.10, GOLD 770

Cable Update (GBPUSD)

Cable maintains a positive outlook above 2.0365 support within its interweek range extremes of 2.0250-2.0465, says Royal Bank of Scotland. Bank says be alert to a topside break which will be a trigger for a run on the July 2007 high of 2.0650 with a ...

Cable Update (GBPUSD)

Cable drop stalls around 2.0350; trader hearing talk of some good bids starting around 2.0350 and going down to 2.0320. For a trade he would buy on any dip to the former with a stop under 2.0280 support, looking for a move back above 2.04. However, ...

Cable Update (GBPUSD)

Some big guns were involved in the sharp carry selloff seen earlier, says a UK bank trader. Several US investment banks and prime names were seen selling NZD/JPY, AUD/JPY and EUR/JPY. All three pairs have now stabilized after each dropping some 200 ...

Cable Update (GBPUSD)

no offense at all I wish all out posts like this it's very good to share our views and what we think coz everyone can see the chart from a different angel and different background

Cable Update (GBPUSD)

sure if the first hook low taked then it will continue, no one said something else what I said are just signs that MAY BE signal a long upon the breakout of the upside high wave bars

Cable Update (GBPUSD)

it resting now on a great trendline on 4H TF and made a three high wave candles on this point, so may be this is the end of the drop, the same for EN, GN, NCHF but sites saying it will continue !!

Cable Update (GBPUSD)

why everybody saying sell kiwi, sell kiwi!! anyone trade kiwi pairs here??

Cable Update (GBPUSD)

[DJ]A senior economist at the Standard & Poor's Ratings Service said Tuesday that the U.S. Federal Reserve may lower its federal funds rate by another 25 basis points sometime in December or January. David Wyss, chief economist at S&P, told ...

Cable Update (GBPUSD)

IMF Rato: IMF Analysis Signals US Dlr Still Overvalued IMF Rato: Euro Appears To Be Near Its `Equilibrium Value' IMF Rato: US Needs To Save More IMF Rato: US Econ Slowing, But Recession Unlikely IMF Rato: China Should Do More To Balance Econ Growth

Cable Update (GBPUSD)

NY Fed's manufacturing index picks up smartly in Oct, rising to 28.75 from Sep's 14.70. Employment jumps as do new orders and shipments. Average workweek shoots up to highest level in a year. Future indexes "convey optimism," says NY Fed in report; ...

Cable Update (GBPUSD)

you mean 760 :surprised

Cable Update (GBPUSD)

:surprised

Cable Update (GBPUSD)

Oil @ 85 :surprised :surprised

Cable Update (GBPUSD)

very nice charts, experienced usage of the shifted PFs keep it up man, may be you will group the small number of pitchforkers on this forum

Daily GBP/JPY analysis

[DJ] AUD/USD parity unlikely at this stage, with a slip to "fair value" of 0.8400/0.8500 "far more likely", says Deutsche Bank strategist John Horner. Notes would take "substantial" further USD decline to lift AUD higher, but says a combined 10% dip ...

Aussie Pairs