Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Nov 18, 2008 3:15
Comments: 1310
View Analytic
This thread was started in response to the Analytic:

GBP Trade Index 18-Year Chart

Daily GBP (British Pound) chart of 18 years of cyclical developments in finance & politics
 
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speculator
Posted Anonymously
14 years ago
Jan 27, 2010 20:16
it appears that the post-march bounce in risk has well and truely died off with sentiment at extreme highs there was only one way to go thereafter. I expect q1 to be horrible in equities and commodities and i would certainly be long DXY with a target of 80 by Feb. it is too early to predict when risk will become attractive again as this may be a largish downards correction with the blame to be a change in the interest rate cycle and liquidity withdrawals along with consumer tightening.
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 27, 2010 18:23
Chaos ensues in all usd pairs EXCEPT the Cartel-backed GBP, which is back to curing cancer and solving the world economic crisis all by itself. USD rallying against everything except of jpy, and of course that bastion of safety gbp.
Haseena
London, UK
Posts: 16
14 years ago
Jan 27, 2010 17:11
Ok , thx Ashraf.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jan 27, 2010 17:01
Shaer, last time i spoke with you i told you 1.63 will fail and 1.61 will hit. But why do you keep selling at the lowest point? DO NOT CHASE THE MARKET. DO NOT SELL AT THE LOW

Haseena, GBPCHF looks to have peaked out at 1.71 --50% retracement from 1.807 high to 1.6112 low. But this is not a pair that i like to play, i see more straightfoward stuff in EURUSD USDCAD AUDJPY and other yen pairs.

Karan, very much what i had been sayaing on twitter, forum and IMTs


Ashraf
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 27, 2010 16:21
Cable Cartel has offered eur/gbp to the tune of 70 pips today, creating the illusion that sterling is a bastion of safety during risk aversion.

Of course, when risk is on, then cable becomes the most stalwart "high-yielder".
Karan
Singapore, Singapore
Posts: 83
14 years ago
Jan 27, 2010 15:57
Hi All,

Can anyone summarize ashraf's forex tv market commentary as my
connection is pretty bad.


Karan
Gunjack
London, UK
Posts: 1184
14 years ago
Jan 27, 2010 14:34
Ashraf nice call on GBPUSD cap of 1.625...trading down nicely now
Haseena
London, UK
Posts: 16
14 years ago
Jan 27, 2010 12:57
Hi Forum,

I need a second opinion please. On GBPCHF (daily chart) do u c a second peak forming (1.6960s) for a potential double top? Thx.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 27, 2010 11:00
OK, new tweet advises new interim resistance of 1.6230 on hawkish BoE comment.
(to update my previous post). 1.6220 still holding for the moment though.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 27, 2010 10:49
@El Shaer: Did you see Ashraf's tweet of about 6 hours ago + chart?
http://chart.ly/zsh6cd

Resistance around 1.6220 - recently tested, and seems to be holding for now anyway.
In hinsight, 1.6152 not best entry, but if you can hold on, you may reach target.
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