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
 
Bikram
Dublin, Ireland
Posts: 9
15 years ago
Sep 29, 2009 11:07
Morning Ashraf,

I am very new to FX trading, I have been watching a decline in GBP vs USD & JPY. Is the statement from Finance min that fall in value of GBP is helping, is that the biggest reason for fall in GBP or what r d other major factors? What r the major indicators for GBP & USD in forecasting their trends?

Thanks
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 28, 2009 17:50
borini, GBP is still seen retesting $1.57 and downtrend remains intact as long as no close above 1.6030-40s.

Ashraf
EL Borini
Cairo, Egypt
Posts: 26
15 years ago
Sep 28, 2009 15:58
Hey Ashraf
Is the fall of sterling Ending ? Or still downward direction? And to any point?
Eng. Khaled
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 24, 2009 20:34
radu, any gbpjpy bounce is seen limited at 150.20. this now looks to be going to 142 next week.

Ashraf
radu
bucharest, Romania
Posts: 203
15 years ago
Sep 24, 2009 17:38


Hy Ashraf ,

Very , very good view above gbp/usd and gbp/jpy , i really apreciate .That help my a loooot.
Lake i said , i was short on both.Today i close my gbp/jpy in 147.65 and switch it in a long position with target aprox. 148.50-149 and then another switch in a short position.And please don"t understand me wrong i don"t want entry/exit points , but what you say , gbp/jpy could make the same pattern lake last week ( with that mini rebound in 151.2 ) and after than goes down ?
Thanks a lot Ashraf
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 24, 2009 14:45
jarah, 1.6040, then 1.57. careful w/ stops

Ashraf
speculator
Posted Anonymously
15 years ago
Sep 24, 2009 14:30
kleoo, 1.50 possibly but not anytime soon. the break below 1.60 is vital
a.jarah
Aleppo, Syria
Posts: 1
15 years ago
Sep 24, 2009 13:09
Hi Ashraf , i think that the next target of cable is 1.5700 ,is i'm right ?
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 24, 2009 12:50
BOJAN, , GBP IS falling vs USD but obviously overall USD weakness is the ONLY reason preventing GBPUSD from recalling 1.6 and 1.57. WHY WOULD traders risk their noney and sell GBP vs USD when they could have a HASSLE FREE trade when sellingit vs AUD, NZD, EUR, JPY.

i would agree with you about AUD and NZD being good to sell vs GBP on basis of unwinding of carry trade BUT on second thought the extend of bearishness in GBP is high and justified that im not doing it.


ESSAM, each time you ask me about GBP i tell you the same thing. DOWN. 2 days ago you criticized the forum after GBPUSD went up 200 pips. We all know what happened afterwards. If you cannot survive this market with 200 pips against you then it is not for you. 143 GBPJPY pssible by early next week. resistance comes down to 149. WATCH YOUR STOPS.

Ashraf
kleooo
BG, Norway
Posts: 17
15 years ago
Sep 24, 2009 12:04
Hi spec
Do u see 150 in the near future?