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23 Posts Total by "benny":
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benny
(sydney, Australia)
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benny
Australia
Posted Anonymously
14 years ago
Feb 3, 2010 23:20
In Thread: GBP Trade Index 18-Year Chart
@Montmorency: "I suppose it's all a question of the relative speed of movement of EUR/USD versus cable, and of course in which direction"

"It is therefore fairly certain that it's EUR/USD and cable that are driving EUR/GBP and not the reverse"

above are the answers im looking for, so the cartel thingy is just a myth then :) how ever the multi year range for the eur/gbp is 4000 pips = 0.98 - 0.58

if i calculate the synthetic value from eur high and gbp low it gave the value of eur/gbp max at about 1.1851=1.60/1.35 and eur low vs gbp high 0.3886 = 0.82/2.11

multi year range for synthetic max at about 7965 pips = 1.1851 - 0.3886

i'll stay with eur/gbp trading i think :)
benny
Australia
Posted Anonymously
14 years ago
Feb 3, 2010 12:49
In Thread: GBP Trade Index 18-Year Chart
@ pippedoff i still not understand the manipulation game of the cartel(GS), whats thats mean?

@montmorency any idea where she (eur/gbp) is heading?
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