-
Pound finds some early love ahead of UK inflation data
It's been a good hour for the pound as traders position/exit ahead of the UK CPI data due at 08.30 GMT In my earlier preview I suggested that a soft reading was priced in so it could be we are seeing some early position-squaring, or maybe there's talk going run of a stronger number. I'm not hearing/seeing anything else at the moment to explain the move. GBPUSD is up to 1.5365 with offers between 1.5380-1.5400 the next hurdle. EURGBP testing demand/support around 0.7400 again from 0.7423 Update: 06.20 GMT Would appear the move is M&A, not data, related with reports of AB InBev and SABMiller reaching a deal at $44 per ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Oct 13, 2015 2:35am Oct 13, 2015 2:35am
- Ojiego
- | Joined Jan 2015 | Status: Critical Source | 1018 Comments
- Comment #2
- Quote
- Oct 13, 2015 3:03am Oct 13, 2015 3:03am
- PaulDaemon
- | Commercial Member | Joined Jan 2015 | 473 Comments
20 Pips a day keeps centerlink away
- Comment #3
- Quote
- Oct 13, 2015 4:52am Oct 13, 2015 4:52am
- kingofmicro
- | Joined Jul 2011 | Status: Member | 17 Comments
- Comment #4
- Quote
- Oct 13, 2015 5:43am Oct 13, 2015 5:43am
- Rtm
- Joined Jan 2011 | Status: dump and pump | 913 Comments
All posts are my personal opinion
- Comment #5
- Quote
- Oct 13, 2015 6:07am Oct 13, 2015 6:07am
- Turtle Man
- | Commercial Member | Joined May 2012 | 70 Comments
Trading Consultants Inc JJG
- Comment #6
- Quote
- Oct 13, 2015 6:22am Oct 13, 2015 6:22am
- Rtm
- Joined Jan 2011 | Status: dump and pump | 913 Comments
All posts are my personal opinion
- Comment #7
- Quote
- Oct 13, 2015 6:33am Oct 13, 2015 6:33am
- kuroro001
- Joined Jul 2007 | Status: Member | 180 Comments
COT: The precious data ignored
- Comment #8
- Quote
- Oct 13, 2015 6:47am Oct 13, 2015 6:47am
- Turtle Man
- | Commercial Member | Joined May 2012 | 70 Comments
Trading Consultants Inc JJG
- Comment #9
- Quote
- Oct 13, 2015 9:33am Oct 13, 2015 9:33am
- Lionheartfx1
- | Joined Oct 2014 | Status: Member | 12 Comments