Cable pop 1.3300 in a rush as EURGBP dives by 0.8900




Significant gains for the book that Europe is fully underway 13 OctNo first movers but the general perception is that the EU could make a more conciliatory stance as reiterated in my previous post.
Might as well be an early end of the session of hunting, but anyway, we saw 1.3300 now raped post 1.3313 with EURGBP down to 0.8889.
Decent GBPUSD the construction of the application between the 1.3250-60. Next to the line of offers/res 1.3320-30, then more at 1.3350. EURGBP offers/res 0.8925-30. Support/tender side to 0.8870-80
Yen demand notable at this time with GBPJPY down to 148.55 from 149.00 as the USDJPY falls through the 112.00. The EURUSD has sold 1.1222 that EURJPY falls to 132.20
I said in some previous comments that caution well advised today and so far, this is indeed the case. As I said to a couple of readers yesterday in a different post discussions, if in doubt stay out. Rarely any price in FX trading, for acts of bravery or because of the stubbornness. Nobody said that you have to trade all the days.
Make/save money is, after all, a percentage of game that requires discipline, not to mention a good dose of luck.



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