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Cable and interest rate

megajorko Veröffentlicht 4 June in #Trader's blog #Gbpusd #Pound

Hello traders,
What happened today and what is possible to happen in the near future to the pound:
The expectations around the Interest rate decision were of course to no change which is absolutely normal there is no need to increase or decrease it. On other hand the present weakness of USD move the cable and the euro a little bit higher. What was expected to happen is ... nothing so nothing happened and GBPUSD was a little changed but being in high overbought levels means that soon it will trav…

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GBP/JPY

megajorko Veröffentlicht 1 Apr. in #Trader's blog #Yen #Pound #Sixth Sense

Hello traders, I have been watching carefully all the pairs with the yen. Everybody are selling the yen but it has reached levels on which it is hard to see if the resistance will be breeched. I have just a sixthe sense on exactlly the pair GBP/JPY. It will go down (with probability less than 20 %) In poker 1% is enough to turn around the luck. So I will not post here pictures but I have set my positions on shorting this pair. Another thing to add is that obviously GBP/USD is trying also to brea…

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Cable and interest rate

GBP/JPY