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

GBP

Discuss GBP
 
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jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 9, 2011 21:58
also don't they say you buy when there is blood on the streets..:-)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 9, 2011 21:31
oops.. you are not trading views but price action, are you Dave?
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 9, 2011 18:27
yeah agree Ashraf gbpusd and good call on eurgbp in which longs pain me. Weak as we are in uk the eur has to be much worse so eur on my short only portfolio :-)
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Aug 9, 2011 18:10
Simply put, Cable is doing down. warned on Sunday (see forum thread) about why BoE will revise down econ fcsts and inflation take. Thats why we called for long EURGBP and short GBPJPY on Monday Premium. Now we're moving to GBPUSD, eying 1.6130s prelim target. stops above 16280, suggested entry 16220s


Ashraf
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 8, 2011 21:58
Government have failed to read the anger in our country and the Press have failed to spell out the message properly in words that ordinary folk can understand. The terrible debt legacy left by Brown. The opposition labour party have capitalised on this and made the anger worse. Totally and utterly irresponsible.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 8, 2011 21:53
Cameron returning from holiday!

My only surprise is the anarchists have not targeted the banks and city institutions. That will come I think but first they are targeting shops like PC world and grabbing what they can.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 8, 2011 21:48
London riots spreading further afield. Mainly angry young people burning and looting. Very predictable !
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 8, 2011 9:09
good looking range..
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Aug 8, 2011 5:44
Sterling Alert

MNI FX Bullets says US investors sold out of British banks in the last
week. BankofEngland seen cutting GDP fcst yet again in Wednesday Inflation Report
http://tinyurl.com/453wo4d


Ashraf
DaveO
UK
Posted Anonymously
13 years ago
Aug 7, 2011 12:24
GBP room looking lonely and all our political "leaders" away on their hols while stock mkts crash and the various crises continue to deteriorate.

When city of London return from their hols in September the square mile will be greeted with the first serious round of redundancies. This is long overdue and will mark the start of our country's need to getting serious about diversification away from useless criminal pursuits into producing something of value to mankind once again.

In 2003 I thought our property mkt had peaked so I sold my farm and one or two other properties. The farm went to a city manager of a US investment co for his holiday home. Prices then proceeded to double again by 2007 and even now whilst property prices in the regions are about 10% down from their peak, agricultural land prices have continued on up. I have a feeling I shall see an opportunity of buying that farm back again at somewhat less than it sold for, just for the hell of it. Just a case of patience now.


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