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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PippedOff
Canada
Posted Anonymously
15 years ago
Jan 15, 2010 13:44
Finally some economic data usd favorable.

OK, let's by more gbp/usd then. 1.63 aint enough.
kidwai
karachi, Pakistan
Posts: 77
15 years ago
Jan 15, 2010 13:04
Hi To Every one, if we dont forget Mr.Ashraf told us last weak that cabel is going to capped on 1.6330 then it will go down.
So i dont think so that GBP is safe heaven currencey.
Best Regards.
rkkashmir
Posted Anonymously
15 years ago
Jan 15, 2010 12:46
Ashraft-

I saw this Tweet from John Kruger: CABLE: Something of a default winner of late with the current top standing at 1.6357. Chatter is circulating of Gbp becoming a safe haven.

Safe Haven? From itself?

Well that would certainly explain the rather bizarre trtading eur.gbp.

Your thoughts please, and great call on Cad.Jpy. I guess part of that pairs gain is usd.jpy's loss
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 15, 2010 8:16
Biggest Fix in the market is the manipulation by the Cable Cartel put together to support cable price. Based on euros current value of 1.4387 and eur/gbp at Mondays level of .90, cables price would be 1.60. YES, 1.60. 310 PIPS BELOW THE MANIPULATED 1.6310 it currently resides at.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 15, 2010 8:09
The cartel responsible for manipulating cable higher is at it again, spiking pound higher as euro crushes south of 1.44 figure.

Wanna see what manipulation is: overlay a chart of eur/gb and gbp/usd since monday.

You will see nearly ALL of cables progress up has been the result of a 210 pip decline in eur/gbp engineered to keep cable above 1.63 AT ALL COSTS!
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 15, 2010 6:01
You hitting the sack on us or something?

Be sure to place limits and stops. GL!
chloethebull
Posted Anonymously
15 years ago
Jan 15, 2010 5:56
ok thanks for the reccomendations its much apptrciated..gl see ya in a few hrs..pz
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 15, 2010 5:54
iI meant CHF in last post, not CHH.

Join the cable fun chloe. We'll see if europe grinds it higher in their session. I don't think it has many legs remaining. Also consider long eur/gdp.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 15, 2010 5:52
BEAR-excellent call and analysis. However, the rocket fuel for its ascent was really an exodus from euro looking for somewhwre to go in that region of the world. CHH is a far superior choice than cable. However, SNB and the threat of intervention can knock out 80 pips in a heartbeat.

Saying that, now that a lot of the negative news is out in a short period of time regarding euro, the euro/gbp cross should start recovering. That pair is worth a shot on the long side. And without the cross going down to add rocket fuel to cable, there really is only usd selling to pimp cable higher. However, it really looks we are in the beginning stages of a legit usd rally.

Your second analysis is right on. The fall will be quick and decisive.
chloethebull
Posted Anonymously
15 years ago
Jan 15, 2010 5:51
i just put a short order in @1.6375..doubt i;ll get it but gotta excercise acct managment..lol..usdcad weighn on me at the moment..ohh well that nightmare will be soon behind me with some good luck..gl
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