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

GBP

Discuss GBP
 
FrankBrit
Frankfurt am Main, Germany
Posts: 73
14 years ago
Sep 15, 2010 17:16
Yes @ Seif, GBP/USD 1.53 looks some way off now and not clear when a revisit is due there. If 1.5648 passed then maybe onto 1.5728 or even 1.5849 which is a lot to swallow.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Sep 15, 2010 16:58
yes well done . I am waiting to short GBPJPY but not short cable yet.
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
Sep 15, 2010 16:33
cat,

as i said yesterday 1.5636 sould be a good res.
pkumar97
India
Posts: 19
14 years ago
Sep 15, 2010 16:28
Ashraf,
1.5580 broken out .. if the Fed implements QE what wiil be the target of cable .. still maintaining the target as 1.5150 by sep end ? your expert view on this please
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Sep 15, 2010 15:51
cable is ok but EURUSD is capped
as BOJ apparently buys UST I think Sept 21 FOMC qe is off the table
Seif
Cairo, Egypt
Posts: 53
14 years ago
Sep 15, 2010 15:38
Dear Ashraf
you said yesterday on twitter 1.5580 look attractive for another push lower towards 1.53
dont you think that the FEDS QE would send the pound higher? and wont hit the 1.53 level?
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
Sep 15, 2010 15:25
and the cable did it ! lol
Lifaylon
Muscat, Oman
Posted Anonymously
14 years ago
Sep 15, 2010 5:53
@catnip one-day spike on rumour
shud come-down today/tomorrow to Monday levels
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Sep 14, 2010 17:49
ok ok... what troubles me somewhat is that those qe rumors are brought up by GS and MS and there is no confirmation .
Btw qe does not necessarily mean "printing money" but what the ECB does is effectively printing money.
So I am alert for a big surprise
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
Sep 14, 2010 16:58
I M STILL LONG ON CABLE if it breaks 1.5552 next res is 1.5636.