Archive for July, 2014

  • My Appearance on Benzinga’s #PreMarket Prep Show
    Posted by on July 29th, 2014 at 4:57 am, Comments: 0

    I was back on last week with the guys at Benzinga’s #PreMarket Prep Show. I had a blast. Some highlights from our chat include: The […]

  • Not Yet A Change In Tide
    Posted by on July 28th, 2014 at 9:11 am, Comments: 0

    The $GBPUSD finally returned to 1.7000 and closed last week below the big psychological level. Many would find this a bearish signal. And I don’t […]

  • The Sterling Digest, 25 July 2014: define safe
    Posted by on July 25th, 2014 at 5:42 am, Comments: 0

    Here’s Britain’s “top of the world” GDP performance in the appropriate context: — Ben Chu (@BenChu_) July 25, 2014 It seems to me that […]

  • Something Had To Give
    Posted by on July 18th, 2014 at 8:25 am, Comments: 0

    Last week was a seemingly anti-climatic week. The $GBPUSD had wild swings in both directions only to really have gone nowhere. It ended the week slightly […]

  • My Appearance on FXStreet’s Live Analysis Room
    Posted by on July 14th, 2014 at 4:56 am, Comments: 0

    Back in LAR, I joined @Forexstophunter to talk all things sterling. Some of the highlights include: the $GBPUSD call that FXStreet broadcast the bounce potential […]

  • The Sterling Digest, 11 July 2014: stalling
    Posted by on July 11th, 2014 at 6:42 am, Comments: 0

    Advancement in the GBP trend has stalled this week. Manufacturing and construction data missed this week and the Bank of England’s hold on monetary policy […]

  • All According to Plan
    Posted by on July 9th, 2014 at 4:56 am, Comments: 0

    It’s nice when a trading session goes according to plan. Retracement levels were tested yesterday as sterling consolidates recent gains ahead of Thursday’s Bank of England announcement. We started […]

  • More Dips, Same Trend
    Posted by on July 7th, 2014 at 6:04 am, Comments: 0

    Our first full week of the new quarter and we are greeted to a correction in GBP across the board. With the Bank of England […]

  • Healthy Dips Make For Healthy Trends
    Posted by on July 3rd, 2014 at 4:22 am, Comments: 0

    After rallying all week to new highs at 1.7176, $GBPUSD is using the weaker-than-expected Services PMI number this morning the excuse it needs to put […]

  • GBP/USD Bull Runs
    Posted by on July 2nd, 2014 at 4:15 am, Comments: 0

    Sure, $GBPUSD has been rallying for almost a full year now. It has surmounted key psychological levels at 1.60, 1.6250, 1.63, 1.65 and 1.6750 and […]