Comments from the London mayor
One lockdown is tough, but people endure. A second lockdown is depressing. Now I don’t think we’re going to see a March-style lockdown anywhere but I wouldn’t feel too great about being a pub owner.

Weekly commitments of traders data for the week ending September 15, 2020
– EUR long 179K vs 198K long last week. Longs decreased by 19K
– GBP long 2K vs 13k long last week. Longs decreased by 11K

First time since 2017, via Bloomberg
Aside from Dec 2020 contract implied yields on all of short sterling contracts out to September 2023 are below zero with 2 and 5 yr gilt yields also having negative yields. 

What’s the market mood?
Sentiment analysis is simply understanding the current mood of the market.  
The market, like a person, is subject to different moods. Correctly reading the market’s mood is crucial in making profit. Now, if you misread a person’s mood you may end up accidentally feeling the effect of a person’s bad mood 

NZD

NZD leads the way 
Other markets
– FTSE -0.16%
– Euro Stoxx +0.08%
– Dax +0.35%
– CAC -0.22%
– Gold +0.42%
– US oil +0.27%
The session started with USD weakness helping push the major pairs up. The day promised potential volatility with quadruple witching in play, but that was illusory.   

S2 daily pivot below
Approaching next target around 104.18

Look out below, GBP sinks on BoE decision
Other markets
– FTSE -0.42%
– Dax -0.72%
– Gold -0.59%
– US oil +0.05%
The session started with USD strength dominating the price action post FOMC. Whereas not overly bullish, the Fed was not as bearish as the market was hoping for and there were no updates on any QE tweaks which

In trading, always look ahead 
You see a great news story and price is in a great technical place. You buy your instrument and then, 20 minutes later you see that you were stopped out on a large spike. 

Monetary Policy Decision – 17 Sep 2020 
 
GBPUSD falls to $1.2909 down -0.4% vs USD after Bank of England statement and dovish shift from BoE as talking more openly about negative rates. Out of the toolbox and now weighing up how to use it. GBP sells on the development.