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Posts by "carlco"
193 Posts Total by "carlco":
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Posts by Anonymous "carlco":
looking at the 5min gbpusd from the 22nd 23rd support line, this intersects today with the 50% fib retracement @ 15615-17 its a steep trendline, im preparing for a very 'dancing around' that fib level day.
Ashraf, if the Treasury committee decide on interest rate rise what does this do to sterling strength ? am i right in saying the numbers look more encouraging than the usa / and if so even if gdp is slightly optimistic that would mean we are recovering ahead of the states and 'most' of europe? so which ever way sterling looks to gain against the dollar until such time we see the revised gdp /and or more positive stateside news?
this is a link to some of business views.
given that companies have paired back their staff and inventory these past 2years , profits have to be bias to the positive right?
If stock markets are set for another push higher, wouldn't this mean a weaker $ ?
may i suggest ashraf some drop down menus on analytics /blogs ? possibly a small graphical chart of what view you hold short / medium /long? i do appreciate your site is free , but it can be a bit confusing cross-reading between forums and analytics, just a suggestion, throw it in the bin with contempt if you so wish!