Channel bottom still holds plus we tested 1.6742. The reaction to the US news also suggest that the selling at the beginning of the week is drying up. We are going back up.

Cable Update (GBPUSD)

Keep it simple, I think we are going back to 1.6820.

Cable Update (GBPUSD)

Interesting line Fed not looking to sell mortgage debt until holdings very small That just confirms that their grand plan is to inflate the debt away. But to inflate $1.7trillion worth of mortgage debt away you need what? Hyperinflation? Economic ...

EURUSD

Smart people say nothing but make you feel he's said a million things. Dumb people say nothing and make you feel that she doesn't know a thing. Yellen is later, totally incompetent.

EURUSD

Yellen is bullshit. She simply repeat the same thing upon any question throw at her: considerable time, no specific timeline, blah blah. Does she really know what she is doing?

EURUSD

Looks like a "feck you" candle is forming on H4, crazy PA to trade, but fun to watch anyway.

EURUSD

Not sure how much further Euro wants to go up, but I am sure that until ECB materialise some easing, and that has to be stronger than cutting deposit rate from 0.25-0.1, EURO wont stop. EURUSD trading is vitually about ass licking Fed or ECB, ...

EURUSD

Nothing is true, anything is possible. I've lost faith in any conventional wisdom for this pair already.

EURUSD

It's funny how EUR break up despite dovish comments from ECB, being pre-FOMC, this move looks dodgy and it's a EUR move not USD move. Maybe it's a pump-n-dump situation, the higher it goes, the harder it drops, let's see.

EURUSD

Looks like market front run NIESR gdp est. Looking for a retrace next

Cable Update (GBPUSD)

We have 4pm fix coming in 20 mins anyway. Look forward to some fireworks.

EURUSD

The PA of last 2.5 hours are pure crap.

EURUSD

Hold the line, bears will be proud of that.

EURUSD

Yeah, let's hope it will get back there at some point after 5pm.

EURUSD

Clearly a failed retest of 1.38, think bulls got a kick in their face.

EURUSD

Fecking market manipulation, whoever behind these should be put behind rusty bars.

EURUSD

Just hope it's not temporary. This pair has been quite numb the past few months, almost like a zombie.

EURUSD