Caution, the more the euro and yen rally the crazier their CBs will get. In order to survive the huge deflation storm they'll have to devalue vs USD. Dodge that storm and let US take the hit. A number of EU members are having elections with anti-EU opponents likely to take charge. The trouble with the euro 2.0 will be really ugly next year. In Japan the 10 year govt bond is now on negative interest rates! Soon the market will boycott this situation and refuse to buy (no bid). What do you think will happen to the stock markets, which are now selling off? They will catch a strong bid! You don't want to miss that event... New all time highs will be registered across equity markets as capital ejects from the deadly govt debt tailspin.

Have to hand it to you Hisah....great call on this. Sentiment has def shifted to the downside. We def could see stops under 1.11 and 1.1068 taken out tomorrow which could open up the floor for a move further down. Been a really sluggish week within that nasty range.

GBP$ failed to close the hammer candle on the 4hr on Monday thus opening up the possibility testing the temp support at 1.4050. Today in Asia session it has broken below 1.40 handle. GFC low lies at 1.35. That's the last line of defence. Break below will unleash a crazy slide!

Crazy that GBP has been on a selling turbo since June 2014 when I spotted it in the futures!

1.35 handle had better hold! Soros GBP flashback Sept 16 1992??!

Sitting on my hands till i see the sub GFCs 1.35 print