Sterling running with the data

View Comments

1.5500 under pressure in GBP/USD with the positive jobs number although the unemployment rate remaining unchanged will emphasise the low rate forward guidance.

1.5500 goes and posts a high of 1.5506. 1.5523 the first point of decent resistance being the 200 dma and Dec 2012 trendline.

Author: Ryan Littlestone

Ryan Littlestone has been working in financial markets for more than 20 years. Wide-eyed, he stepped out of Bank station in London to join LME founding member Rudolf Wolff where he worked his way to the main order desk and brokered customer orders to the LME floor and across virtually every global market. An opportunity to help set up and run a new LIFFE floor operation saw him catch the trading bug and it wasn’t long before the pull of the pits was too great to refuse. He became a ‘local’ and has been trading his own account for more than 11 years.




Ryan Littlestone


  1. market looks like its paring dollar shorts and trimming the crowded yield trades this month.

  2. Hope nobody minds the copy n paste

  3. Chuck me the link if you can lilac and I’ll take a look. DJ are a bit funny about their stuff going up. If you’ve got the link to the actual report I’ll post it up.

  4. Looks like cable under a lot of bears pressure. It’s heading down slowly again.

  5. Soz not got the actual link, Ryan, it’s on my news feed thingie. But I hope you have the gist of it.

  6. The title is UK firms want proof of recovery before they invest – BOE survey

  7. Magic lilac. That ties in perfectly with something I’m writing already.

  8. I’ll put the kettle on then !

  9. Cheeky sod :-D. I’ve actually got two long posts on the go. Best get yourself a sarnie as well ;-)

  10. Two one the go? Never. You know fine well you can only do one thing at a time.
    That’s why blokes never listen and girlies (apparently) don’t do map-reading :P

  11. and that’s why i’ve put the kettle on !

  12. Sorry, did you just say something dear ;-)


© Copyright 2015 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.