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Tough day selling GBP

I had a tough day today switching from short Aud to short Gbp
I was shorting Aud today, and saw my positions stagnating
I decided to switch to short Gbp positions, but they are not going down
I sold GbpUsd, GbpNzd, and GbpCad - all at highs
The prices remain the same - and I do not know if Gbp is coming down again
There does not seem much willingness in the market to short Gbp
Probably because the BOE interest decision is coming up soon
I hope for bearish direction and I will keep my SL's tight
gl all
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Debian avatar
Debian 3 Aug.

Hola AdamFx42

GbpNzd ya es alcista, por qué mantenerse en el error.

Realmente, ¿Crees que el BOE, bajará el interés a 0?

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AdamFx42 3 Aug.

@Debian - Gbp is creeping up too high, and will be knocked down by sellers - like every time since Brexit

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Majors and yen pairs still hurting today

The Yen crosses are still hurting today after falling further overnight
Usd/Jpy fell quite a bit overnight too
and the majors are struggling with their supports
Eur/Usd struggled with 1.363 support and I decided to buy there - but that support is broken now
(or so it seems) next support will lie around 1.352
I expect Usd/Jpy to bounce back a bit before falling to 103.6,
and the Yen crosses should follow that lead:
Eur/Jpy, and Gbp/Jpy showed some bounce from their initial supports today,
and I a…
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