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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:

GBP

Discuss GBP
 
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Karan
Singapore, Singapore
Posts: 83
14 years ago
May 3, 2010 17:28
Is anyone here short sterling and targeting 1.49?
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 30, 2010 17:29
Khaled, start off with 1.47 target


Ashraf
Khaled
Damascus, Syria
Posts: 18
14 years ago
Apr 30, 2010 14:59
Hi Ashraf,↲
Do u still see cable 1.44, I am shortin cable at 1.53.↲khaled
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 30, 2010 3:29
MUST READ

Worst time for failures may be when recovery hits
By Anousha Sakoui and Ed Hammond

Published: April 29 2010 03:00 | Last updated: April 29 2010 03:00
http://www.ft.com/cms/s/0/1d9245e6-5327-11df-813e-00144feab49a.html

Ashraf
BEAR
Nevada , United States
Posted Anonymously
14 years ago
Apr 30, 2010 0:52
I'm really not sure what is holding this thing up? So, did the GBP make it to the bottom faster than the Euro earlier in the year to watch the Euro fall out of the sky?

May 10th is BOE day...what are the chances of a 25bps raise?

UK CPI running at +3.0% with an upper limit of 2%?

Not sure what is holding this thing up? Even Soros advertised the need to lower the GBP to encourage trade preferences.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 29, 2010 21:57
BBC LINK TO DEBATE
http://news.bbc.co.uk/1/shared/election2010/liveevent/

Ashraf
speculator
Posted Anonymously
14 years ago
Apr 28, 2010 0:14
looks like we are very likely to hit 1.25 this summer for eurdollar if we break clearly below then we reach 1.15 over the next year or so. No help for your day traders but thats my theory.
Shane
Lahore, Pakistan
Posts: 209
14 years ago
Apr 27, 2010 23:25
forextrader
Nice gbpchf trade and a nice set up. target of 1.71 is a bit risky at this time i believe we will have a dip ny ways if we have a dip i will ride along you. Good luck.
Shane
Lahore, Pakistan
Posts: 209
14 years ago
Apr 27, 2010 21:15
I took advantage of the previous bounce in euro so all i am loosing is just a minor part of that trade . Experimentation is never bad.
Shane
Lahore, Pakistan
Posts: 209
14 years ago
Apr 27, 2010 21:14
forextrader
Thanx, its very risky i know but some times such risk pays off although the selloff in equities clearly tells me no, but loosing 15 or 20 pips, i guess, is worth the risk. i have already been taken out in eur long lets see how it goes in gbp. Just a little adventure not a sane trade.
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