Give it time.....must be long minutes!

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm not sure where this 9-0 rate cut news came from but I've not heard any mention of it myself??? As far as I am aware, the BOE is aware of slowing growth in the UK but is very wary of rising inflation risk so it will be in no hurry to cut rates in ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Quote..."Although the Bank of England cut interest rates by 25bp earlier this month, the accompanying statement and Quarterly Inflation Report released last week was not extremely dovish. Even though BoE Governor King recognized the downside risks ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Anyone here following GBP/CHF? I'm hoping for some movement up on this one at 9:30 GMT too! (as long as the BOE minutes remain hawkish)

Auslanco - GBP/JPY and GBP/USD (newstrade)

9:30 GMT — I think this is going to hover around 209.30 ish for the next hour until 9:30GMT when the Bank of England minutes are released (hawkish view I think) and then hopefully upwards upwards until 1:30pm GMT at which time US economic news ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

No significant news events for the next 24 hours..... Which direction.???? I'm been short since this morning 8am GMT. Not alot has happened in this time and I'm beginning to wonder??? I'm starting to doubt if we will see a move down to 209.50 or ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

After doing some further research on the Northern Rock nationalisation, it appears it could have more of a negative effect on sterling than I had first thought. I'm not so confident in a move up anymore, please ignore my previous view on todays ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Prices are up — UK house prices are up a surprise 3.2% for Feb. With no other major UK/Japan/US economic news today I think this could possibly strengthen the pound during UK trading hours. We may see some down movement before 9am GMT but I ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

00:01 GMT Rightmove house prices (keep an eye on this too!) — If the Rightmove UK house prices (announced tonight 00:01 GMT) confirm the recent RICS survey which reported housing prices falling for the sixth straight month, we may see a sell ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm with you Jimo, at least for the time being anyway. Come on Yen, wake up and work it!

Auslanco - GBP/JPY and GBP/USD (newstrade)

a move down perhaps? — GDP has risen 3.7%. That's more than the forecast 1.7%. I think this should give the yen a bit of strength over the next few hours. Not sure how much of a difference it will make but I'd be happy with a drop to 210.80 ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Still pound bearish — The British pound rebounded today but I think the rally is unlikely to last. The move is likely to just be corrective because UK economic data remains weak while the Bank of England is expected to lower interest rates on ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Delusions of grandeur — I find your post here and that of M2B's earlier quite insulting. Calling us "scavengers" is hardly Christian is it?. If you know this thread is a shadow of it's former self, why bother to look in?

Auslanco - GBP/JPY and GBP/USD (newstrade)

??? — How can you say this when you've just posted that youtube link above? Talking about having to chew through nonsensical posts!

Auslanco - GBP/JPY and GBP/USD (newstrade)

Not me PeterM. I think it's going down. There's alot of bearish news for the GBP this coming week. I think the US fed cuts were already being priced in hence the rise, but now falling. As I mentioned above, I think it'll return to the 204 region. ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Bearish news for GBP in the week ahead — This forth coming week there's a number of economic news releases (including rate decision) for the GBP which will most likely be bearish. I am hoping for a return to the region of 204.50 by the end of ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

The trend is your friend! — A few hours of consolidation around 211.75 area. I'm hoping for the drop to 209.30 today . Fingers crossed

Auslanco - GBP/JPY and GBP/USD (newstrade)

209.30? — I must admit, it's dropped quicker than I expected. If we get to 210.70, I'm hoping it will continue down to 209.30 and then retrace some from here.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Which way now? — What's everyone's view on the direction of the gbp/jpy after the 0.5% rate cut? An initial rally and then back to where it started before the announcement so far. Where to next? I think we will see a gradual decline throughout ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

GBP U.K. CBI January Distributive Trades Reported Sales — From a fundamental point, There's alot of housing market numbers out in the UK this week which could bring the vulnerability of the UK economy back to the forefront. Today we see the ...

Auslanco - GBP/JPY and GBP/USD (newstrade)