Author Archive

  • Sterling Especially Strong Against the Euro
    Posted by on June 14th, 2014 at 11:24 am, Comments: 0

    Sterling is on steroids right now. Carney’s comments late Thursday have resonated with the market with a continuation higher against all currencies. But the GBP […]

  • The Sterling Digest, 13 June 2014: SURPRISE!
    Posted by on June 13th, 2014 at 1:53 am, Comments: 0

    Bank of England Governor Carney has just shocked the market signaling that interest rate hikes could come sooner than the market expects. GBP has skyrocketed […]

  • The Cable Zones
    Posted by on June 12th, 2014 at 6:35 am, Comments: 0

    After a short seasonal consolidation in May, $GBPUSD starts June very tentative and hesitant around 1.6750. Because of its year-long uptrend, any weakness of late […]

  • Today’s Appearance in FXStreet’s Live Analysis Room
    Posted by on June 9th, 2014 at 9:04 am, Comments: 0

    It was great to be back in the #FXRoom today with Dale Pinkert. As always, we talked all things sterling including $GBPUSD, $EURGBP, $GBPCAD, $GBPAUD, […]

  • Is There Any Correlation
    Posted by on June 4th, 2014 at 10:38 am, Comments: 0

    Forex traders love to compare the cross currency pairs to the major currency pairs. Even those of us who are firmly in the camp that you […]

  • Cable Clues
    Posted by on May 27th, 2014 at 5:28 am, Comments: 0

    I came out of my long position just around break even as the bears trumpet grows louder. I was bullish on $GBPUSD when price bounced […]

  • EUR/GBP On Trend
    Posted by on May 20th, 2014 at 2:04 pm, Comments: 0

    I really like this break in 0.8130 today. Last week, it was support on that break of former weekly lows at 0.8160. Because $EURGBP is good […]

  • UPDATE: Oh, The Possibilities
    Posted by on May 7th, 2014 at 6:49 am, Comments: 0

    Yesterday, $GBPUSD saw a spike higher that took price to the fabled promise land of 1.7000. And necessitating an update of the daily chart published […]

  • Oh, The Possiblities
    Posted by on May 5th, 2014 at 11:38 am, Comments: 0

    To be bearish is to recognize that $GBPUSD is, for now, simply correcting. Given the bull trend, cable is free to tumble quite a bit […]

  • May Pounds
    Posted by on May 2nd, 2014 at 9:56 am, Comments: 0

    $GBPUSD has staged such an impressive rally in the month of April. The UK fundamentals have established a trend of a solid recovery. The “misses” […]