- So many charts supporting the long USD trade. With so many better options available, it is not time to get involved in shorting cable yet.
- GBP/USD monthly chart is interesting. Clearly trading within a triangle since end of 2008. Still within but the overall consolidation pattern is becoming more mature now. Triangle = continuation of prior trend, ie favor downside break eventually. Break-point is at 1.5320 this month.
- KIV this. Reckon the trade, when it comes, will require both US- and UK- events coincidentally pushing for a lower cable. Will be a multi-year tenor trade then.
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