Cable Update (GBPUSD)

http://news.forexlive.com/!/boes-car...ittee-20150714

*CARNEY SAYS THE TIME FOR BOE RATE INCREASE IS MOVING CLOSER ...all talk from the guy with a free lunch

70 pips in 5 sec on GBP/AUD locked.
Thanks, Carney.

wow i just scalped long and bagged 78 pips plus this mornings,, i even forgot the news lol

just came off this mornings chart posted at around the 50% ext and possible s/r

lol good i did hedge my ga. Will put my profits back short soon

above res is tl attraction 5640 ??

Sheeesh......... Got stopped ....Damn news

Why the nearly 1+ hour in delayed Price Action? Was it released late? 04:30 or 05:30 EST?

i resistance,,2 confirm break out on lower tc,

sooner the Fed will raise interest rates than the UK

5600, then 5625 next offers reported....4hr looks like below...probably now yesterday's daily pinbar shorters are now feeling it or stopped out ? bad luck as these comments from some one like carney can turn a market on it's head in a blink of an eye.

best wishes

UK does not need indefinite low interest rates

1. CPI expectations are still pretty well anchored
2. New normal for rates may be a little bit lower than past level of 5.0%

Carney

1. Complicated judgement to decide what new normal equilibrium for rates is
2. Over next 3 years sees no scenario where rates would move to historic levels

That might take some steam out of the rally as it's the first time there's been a timeline slapped on the possible path of rates

??..Uk is on BST which is GMT + 1, New York on EDT which is EST + 1 (ie daylight saving on both sides of atlantic...so 1045am BST is 0545am EDT..|?? I think.

best wishes.

Well i just made the easiest 55 pips. I was long before the news release, had no idea news was coming out, and all the sudden price explodes.

looking at the weekly that bounce was right off the 20 ema , big boys use 20 and 200 watch day chart for 10/20 ema cross then it could be trend long again

Carney SHOW Tomorrow labor market data

nice 30 min chart before and after interesting 161 Mr S has this in a chart

5627 is 50% of main 5929-5328 fall and last week's hi. daily R2 pivot is there also.
Will we see follow thru on last closed 1hr candle ?

best wishes.

doji indecision on 30min...2 opposing pinbars make up this on 15min followed by bullish hammer on that t/f just printed. Indecision, taking a breather before next leg up ? or ranging/down from here ?

best wishes.