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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
if u use the cmc chart and trace 2 trendline, one from 17th feb for the 1.5208 level and the other from the18th nov2009 for the 1.5312 level.
on the fundamental we still feel the effect of the austerity measure but it will be soon get back by deceiving number on probable stress test.
not sure of what the exchiqer and boe is doing but they refi some asset with their proceed in safe haven country like japan swiss and state.
I think I see what you are getting at, but I can't make it come out with those numbers.
i said to rrose that cable will go to 1.5208 and 1.5371 the two representing resistance at down slanting trendline
level still valid but with a pulabck when rsi atained 73/74 on 5' chart.
"Interesting" day today.
so we have a weak USD weak GBP weak EUR and strong CHF . That's strange.