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

GBP

Discuss GBP
 
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jul 6, 2010 20:54
don't see cable making it above 15250 GBP appears rather weak I shorted cable @15200
Stationdealer
London, UK
Posts: 715
14 years ago
Jul 6, 2010 20:24
Sure thing pipster guidance is free as ever, best things in life come for free......

I guess I'll continue to buy on dips till 153 and then sell from there.
Seif
Cairo, Egypt
Posts: 53
14 years ago
Jul 6, 2010 15:19
Much appreciated Pipster :)
Pipster
UK
Posted Anonymously
14 years ago
Jul 6, 2010 13:58
Seif

I would hold off until it pushes higher - hopefully later this week -

Station Dealer has mentioned he is looking for the 153 area, and I would look for around that area too

Seif
Cairo, Egypt
Posts: 53
14 years ago
Jul 6, 2010 12:46
i want to short sterling at 1.5190
what do you think guyz?
Pipster
UK
Posted Anonymously
14 years ago
Jul 6, 2010 10:40
Station

I'll be your apprentice. I'll get the job done no fees, just guidance required :)
Stationdealer
London, UK
Posts: 715
14 years ago
Jul 6, 2010 9:50
Yes thanks and its good to be back with you, I was busy moving home. Plus there's allot going on also working on a new platform which I will also introduce to you guys once its ready provides fixed returns and a great product for hedging your usual trade. Next month will be travelling again there's so much work and so much to trade but not enough time, I think I need to hire more people........
Pipster
UK
Posted Anonymously
14 years ago
Jul 6, 2010 8:29
Hey StationDealer

It was only yesterday that I was thinking whats happened to Station. Good to have you back :)
Stationdealer
London, UK
Posts: 715
14 years ago
Jul 6, 2010 6:06
Asian Market Wrap: RBA Leaves Rates On Hold
RBA leave rates on hold at 4.5%
Statement highlights: Euro growth uncertain and pressure still on EZ banks; US labour market recovery slow; growth in China moderating; inflation in upper half of target zone; policy appropriate for moment
Chinese property market at beginning of collapse:http://noir.bloomberg.com/apps/news?pid=20601087&sid=aA9Y5VxWh9lw&pos=4
New Japanese FinMin watching stock and FX markets closely
Australian May balance goods and services +AUD1.6 billion

S&P futures were 1% lower in early trade following on from a 1% fall on Canadian markets and this led to an atmosphere of risk aversion in Asian FX markets, led once again by the AUD/JPY and EUR/CHF pairings.

AUD/USD opened at .8390 but after failing to retake .8400 in very early trade it fell below yesterdays .8375 low and only stalled when corporate bids entered the market around the .8320/30 level. The rebound on Asian stockmarkets helped the AUD recover pre-RBA decision. Range: .8318/99

USD/JPY tried on a few occasions to mount momentum for a test of 87.00 fuelled by selling in the cross pairs but the comments from the FinMin helped engineer a bounce on the Nikkei and the JPY crosses bounced as well. Ranges: USD/JPY 87.42/77, EUR/JPY 109.16/110.08.

EUR/USD fell under EUR/JPY and EUR/CHF selling and triggered stop-losses below 1.2490 before bouncing on the verbal intervention. EUR/CHF has remained heavy throughout the session, failing to bounce off its lows. Ranges: EUR/USD 1.2481/1.2555; EUR/CHF 1.3290/1.3356.

Cable has traded in a 1.5084/1.5155 range and EUR/GBP .8266/89.
Qiman
United States
Posts: 237
14 years ago
Jul 5, 2010 20:12
http://www.marketwatch.com/video/asset/sterlings-rally-should-run-out-of-steam-now-2010-07-05/8B619BBC-F26F-4EE7-B159-4AE248B013C4