Typing too bloody quick and deciding on how much to add to my long.....

Cable Update (GBPUSD)

Not in light of the BOJ announcement earlier indicating a spit vote doubling the lending program and keeping the rate at 0.1.

Cable Update (GBPUSD)

EU report just out, UK is too optimistic about economic recovery figures.

Cable Update (GBPUSD)

I just read the unemployment report in detail. They reclassified 149,000 people as economically inactive, that sure helps the numbers... Report here Definition: Economically inactive: People who are neither in employment nor unemployed. This ...

Cable Update (GBPUSD)

Brown needed a good report to jumpstart his election....

Cable Update (GBPUSD)

I just trade what I see, nothing supports a pullback at this moment in time.

Cable Update (GBPUSD)

And of course SNB giving up on the 1.46 level all is favouring euro and Sterling.

Cable Update (GBPUSD)

Inexperienced traders love catching falling knives.... DJ futures up, oil up, gold up, FTSE up, DAX up, FOMC confirming long term interest hold, OPEC setting new quotas. There is nothing today to reverse the bear trend on the greenback. PPI/CPI may ...

Cable Update (GBPUSD)

I love the classic noob response: "It has been going up for a day so it will go down now".... Trade your charts, no pullback confirmed here. I agree with you Fudomyo there is room left on the upside, dollar is bearish again today and some good news ...

Cable Update (GBPUSD)

54 next (has been my target since yesterday) A leaked report from Brussels says that the UK debt is not as bad as originally thought, more impetus for a further rise. Let's see how the PPI/CPI comes out later.

Cable Update (GBPUSD)

Elections are weeks away, what did you think the news was going to tell you. Of course Labour wants a good report, followed by EU good bill of health today, budget next week and Brown is on a roll...

Cable Update (GBPUSD)

Let's see what the midday report from Brussels tells us about the debt levels.

Cable Update (GBPUSD)

Jobless down quite a bit against forecast; -33k Feb unemployment had largest fall in almost 20 years... Holding my longs.

Cable Update (GBPUSD)

Why would Greece leave the euro now that the ECB has committed as a lender of last resort? They could peg the Drachma aritficially to the euro now get out, devalue the Drachma and get back in at a discount. This is one solution that actually may ...

EURUSD

We are still in a breakout range here, play the moves within until we have a confirmation either way, until the jobless claims come out at 0930 and the budget analysis report from the EU at midday.

Cable Update (GBPUSD)

Okay, let me know when I should close my long then...... You must be the one on the other side of my trade

Cable Update (GBPUSD)

NY closed, that will slow things down. I am done for today. Goodnight all.

Cable Update (GBPUSD)

She has a bit to go before topping out. Don't try to pick top and bottoms, wait for a confirmation of reversal first...

Cable Update (GBPUSD)

Hourly above 52, still going North

Cable Update (GBPUSD)

Greater margin in the elections in the UK and a possible trade war between US and China, solution to Greece, coupled with flying gold, oil: dollar weakness

Cable Update (GBPUSD)