Thought it about time we had a separate thread for currency plays.

Charts Currently Removed - New Ones To Follow Soon

Good Reading If You Like FX
http://www.mizuhobank.com/fin_info/exchange.html

Debating a EUR/GBP long position..

Bit easier to see with the Tenkan-sen in yellow.

Shortie, I note you created this thread. Did you leave out the Euro sign
in the heading because your keyboard, like mine, doesn't have the Euro key?

Its on number 4 along the top, I couldn't work out if it was 'shift', 'ctrl', 'alt' and the number to get it or a combination and just gave up in the end.

EUR/GBP looking overbought on the 5 following a bounce off 1.27

Its CTRL, ALT 4 €

The nine members of the Monetary Policy Committee voted to keep rates at 0.5%, as expected.

They agreed that while "employment had continued to increase robustly... wage growth had been surprisingly weak".

Wage growth excluding bonuses slowed to a record low 0.7% in the three months to May.

The committee also said there might be a "modest slowing in output growth" in the second half of the year.

The minutes read: "There were early signs that global growth was weakening, and an unexpected increase in interest rates when real wages were not yet rising could... destabilise the recovery.

"The committee agreed that no increase was warranted at this meeting, although for some members the decision had become more balanced in the past few months than earlier in the year".

€€€€€€€€€€€ cheers Skinny

£ and € after BoE minutes.

Euroforecast

€ new lows

Could become interesting if it breaks support..

Gone Short.

$ gains

Nicely in the money, sold at 1.68798 and currently at 1.68603..

Approaching the upper trend line of the range, one to watch for a reversal now.

$ v Y today

Dollar up

A change in trend....

Its seams to me that the Scotland vote will create alot of volatility in the pair whilst this business of a currency union goes unresolved. I suppose if Scotland aren't allowed to keep Sterling then we'll see Sterling weaken.