After a decent correction and a break of the range earlier this week, the GPB/USD made new lows in today’s session at 1.4870 but completely reversed and made new highs 10 pips from the 1.5000 ......

The “breach” of the 50% Fib on the above weekly chart had no mojo at all turning into a mere price probe. The 0.8813 level provided strong resistance as price made a high of only 0.8816 ......

GBP/USD managed to make a new low this session at 1.6024 to start the Christmas week of trading and complete the quarter to 1.6000 large quarter point and major whole number.Next major ST support lies......

Well, not anymore. All last week, the EUR/GBP had been stuck in a trulytextbook range. The fundamentals for the GBP have long been bearish as theUK economy has yet to see growth, the BoE maintains ......

So the EUR/GBP played me this week, as GBP strength did surprise me and I underestimated it. Thanks to increased risk appetite (for some RIdiculous reason in light of more debt defaults), GBP rallied ......