And the ugly range continues... we'll see if the price will move some tomorrow since there are a lot of news. However, I don't expect much to happen until March, sadly.

Cable Update (GBPUSD)

Here... This was written more then a year ago. Predictions from Saxo talking about USD/JPY at 200. Other predictions back in the day: With oil at $150, Saudis buy Champions League franchise Emboldened by surging crude oil prices, Saudi Arabia makes ...

Cable Update (GBPUSD)

This is one thing I was looking for and another I'll find soon. (JPY conversation).

Cable Update (GBPUSD)

Given that we're witnessing a great volatility (LoL) these last couple of days, months, I'd say no. However, market has proven me wrong many times and will highly probably prove me wrong many more times to come.

Cable Update (GBPUSD)

Okay, I looked at MN chart... Now, I know my most commonly used pattern is H&S hahahah, but I can't fail but notice this might just be the head in the making on USD/JPY MN chart and it'd end up at 158 or 175, right? If it's proper H&S pattern, then ...

Cable Update (GBPUSD)

Haha no.. because FOMC is USD specific news or whatever you want to call it. If GBP/USD would go up on FOMC today, then Gold would too in 95% of the times.

Cable Update (GBPUSD)

Ridiculous how slow it is... imagine trading EUR/USD instead... even worse haha.

Cable Update (GBPUSD)

My observation would suggest slim, because if GBP/USD er is going up, then Gold tends to move in exactly the same direction. Of course, because of the USD. However, when it's USD specific news, then GBP/USD and Gold follow each other, if it's Pound ...

Cable Update (GBPUSD)

If you believe USD/JPY will reach 158, then let's do the following... EUR/JPY at around 170 GBP/JPY at around 197 AUD/JPY at around 102 NZD/JPY at around 97 CAD/JPY at around 116,17 CHF/JPY at around 176,77,78. If you believe that USD/JPY will reach ...

Cable Update (GBPUSD)

The faster the USD/JPY breaks 152 the sooner will Japan intervene and we'll get a chance to make big money fast. Interventions impact was around 600 pips on USD/JPY the last two times Japan intervened. Let's hope USD will go up on FOMC today... ...

Cable Update (GBPUSD)

True! However, one only needs to pay attention to USD/JPY exchange rate. When USD/JPY breaks the highs at 152, then I'd prepare for very possible intervention by Japan.

Cable Update (GBPUSD)

CAD/JPY 112 today? Let's see how much can the toilet paper resist CAD. Japan's intervention is inevitable and will be the best trade one can make in my opinion in this liquidity forsaken times.

Cable Update (GBPUSD)

I think recession in US won't be declared official before presidential selection. Apart from that, every other economy is in recession right now and even main stream propaganda agrees. The problem is as you can see that the market doesn't really ...

Cable Update (GBPUSD)

Very probably. USD and CAD holiday... wouldn't expect much, if any price movement.

Cable Update (GBPUSD)