by Ryan Littlestone | January 30th, 2020, 11:28:32 | BOE, Central Banks, News
One of the most finely balanced rate announcements in a long time There’s something to be said for the BOE voting system, it gives us a bit of excitement. However, the market is very split on this one. Rate odds split – 51/49% cut/hold. We’re split...
by Ryan Littlestone | January 6th, 2020, 12:04:30 | News
My long trade from September ended over the holdiday period As we enter 2020 I wanted to update you on my GBPUSD long trade undertaken back in September. This was a trade looking to capture a Brexit deal finally passing UK Parliament, but as usual with the UK, it...
by Ryan Littlestone | December 18th, 2019, 09:03:25 | News
What’s really continuing to drive the pound lower? The main reason why GBPUSD has dropped so swiftly is because it’s spent the last 4 months rallying over 1500 pips without so much as a blink. That’s a big move in a short space of time without any...
by Ryan Littlestone | December 17th, 2019, 09:24:24 | News, Technical Analysis
Pound takes a knock as Brexit looms large once again As we’ve explained many times before, hard and fast rallies can reverse just as hard and fast, if they’re not built on strong foundations. Right after the elections, we said if it crumbles, the low...
by Ryan Littlestone | December 13th, 2019, 10:04:51 | Technical Analysis
Here’s what’s on the cards for the pound from now As the sun comes up on Boris’s victory we need to look at what’s in store for the quid now. The first telling move (or lack of) is a failure to follow through this morning. I was looking to see...