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130 Posts Total by "mo":

124 Posts by member

(liverpool, United Kingdom)

6 Posts by Anonymous "mo":

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liverpool, UK

Posts: 123

14 years ago

Nov 16, 2009 19:42

In Thread: Speculators' Futures FX Positions

GBP/USD 4 hour chart keep making higher high and higher lows, very bullish configuration .. It is poised to break 1.70 soon, I expect 1.76-1.78 by year end.

liverpool, UK

Posts: 123

14 years ago

Nov 9, 2009 12:12

In Thread: GBP Trade Index 18-Year Chart

I personally think that GBP is much undervalued against the USD, look for the retest of 170.50 this week.
And a break above this level will take us to 1.73

liverpool, UK

Posts: 123

14 years ago

Nov 6, 2009 14:26

In Thread: VIX, Oil, BRICS & Sterling's Sell-Appeal

GBP/USD dollar gains 150 pips in better than expected news announcement and fall 30 pips in worse than expected news announcement.
That tells you every thing about the market sentiment towards the USD.

liverpool, UK

Posts: 123

14 years ago

Nov 5, 2009 14:15

In Thread: VIX, Oil, BRICS & Sterling's Sell-Appeal

Abood it is Hard to use technical analysis in time of news announcement
daily chart shows that the pair is in range market.

4 hours chart
Resistance 135.60 136 138.5
Support 132.7 131.50

liverpool, UK

Posts: 123

14 years ago

Nov 5, 2009 13:18

In Thread: VIX, Oil, BRICS & Sterling's Sell-Appeal

Speculator, Xaron, what is your end of year forecast for the GBP/USD?

liverpool, UK

Posts: 123

14 years ago

Nov 5, 2009 12:22

In Thread: VIX, Oil, BRICS & Sterling's Sell-Appeal

British Pound is under valued,, 1.73 GBP/USD is realistic target by year end.