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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
what do you think about that?
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=e93b3edf-9b34-4348-94af-bcd3888b41e4
Thx
Interesting how cable is up 40 pips while euro is down 10 pips for the day so far? I guess all problems ailing the UK have been solved. When will UK banks come clean with their mess?
Then when the euro is about to break resistyance, they permit a few bids to come through on the eur/gbp, but of course cable doesn't go sown on that either.
Repetitive pattern of teasing usd longs in chf and cad pairs, run right up to resistance then get hammered back, wherteas the Cable Cartel jams Cable into and through resistnce.
After all, the Cable is back to having solved cancer and the global economic crisis all by itself...