My dashboard says the breakout will be significant.
Cheers!
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The dashboard doesn't lie. Buckle up...
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london red 09:10:45 GMT - 02/21/2018
cable straddles around 55 pips, which marks an initial flash sup/res with further sup by 13702/09 (fibs). immediate res frm 30dma 13670 and 21dma by 14032. kijun at 14052. jobs/wages for uk up soon, mkt fed a bullish theme by carney, so data needs to be good to avoid disappointment here. certainly can expect half a fig move on cable if numbers miss. wages f/c 2.5% 2.4% ex bonus. unemp rate f/c unchanged at 4.3%.
GVI Trader Jay Meisler 14:00:08 GMT - 02/20/2018
EURGBP ,8816
Amazing Trader 4 hour chart shows .8778 as next key support with major supports below it. ,8800 likely to be pivotal.
My dashboard says the breakout will be significant.
Cheers!
london red 09:28:16 GMT - 02/16/2018
since usd is currently under the cosh, they will prob buy and sales related cable dip. 30hma and hourly kijun by 14081/83. further sup my 14022 is data particularly rough. a topside pivot might be 14138 suggestive of further gains if beaten.
london red 09:04:13 GMT - 02/16/2018
ahead of uk retail sales. the straddle quite expensive at nearly a fig. latest brc kpmg report showed a half point growth in jan but this was almost all down to food. while nielsen brc report indicated continued price deflation in all areas apart from food. as sterling has risen a bit, the inflation effect has started to dwindle. a caveat, visa however claims overall retail sales fell in january for the first time in 5 years. visa saw a 1.2% drop following a 1% drop m/m in dece. today, uk retail sales expected up 2.2% y/y, +0.3% on the month. so some downside risk to sales imo.
USA ZEUS 00:12:18 GMT - 02/16/2018
Perhaps EUR/GBP is setup for a sizable reversal as GBP is poised for a comeback.
Cheers!
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