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by Ashraf Laidi
Posted: Nov 18, 2008 3:15
Comments: 1310
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This thread was started in response to the Analytic:

GBP Trade Index 18-Year Chart

Daily GBP (British Pound) chart of 18 years of cyclical developments in finance & politics
 
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Oct 30, 2009 0:31
Eveybody, been at conferences all day. pls check out my IMTs and Twitter answering all of your questions.

nzvik., your charts supports what i said abt 1.47 EURUSD today and yesterdays IMT

Ashraf
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Oct 29, 2009 22:30
this chart is self-explanatory. u can see what's rallying
Chartvuze
salisbury, UK
Posts: 18
14 years ago
Oct 29, 2009 21:37
thanks Speculator and NZVik for your views

regards
speculator
Posted Anonymously
14 years ago
Oct 29, 2009 21:32
regarding cable, goldman has made sterling more appealing along with some recent strong data. Im not confident this rally will last long but for the immediate term i suspect cable may go a bit higher. But the dollar bullish trend remains in tact. There may also be some large sterling orders for large invesments as many funds are taking advantage of weaker pound for real asset purchases in uk.

But the dollar is performing off recent lows.

And as i predicted, the best gains have been against the canadian, swiss and yen so far and not sterling for now.

i think the US data out today may be dollar bullish in the intermediate term as i think fed may tighten earlier than expected which may cause the dollar's appeal as a carry currency to reverse, cover dollar shorts which can cause a huge dollar rally into 2010.

The dollar rally remains intact. Today is just a knee jerk reaction. Tomorrow should be different
14raj
Kolkata, India
Posts: 210
14 years ago
Oct 29, 2009 20:34
Ashraf,
can eurousd able to give a close above 1.50 in daily basis?as far my technical view is concern, this journey should complete around 1.4920-50 range. And is gbpusd vulnurable for a deep correction again from 1.6650 range?
regards,
rajib.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Oct 29, 2009 19:56
as I have been saying for sometime- cable and its crosses are highly volatile and unpredictable - not for amateurs like me to play with. will wait till it settles.

bias remains bullish - however break above 1.6730 will confirm.

aussie and euro could reclaim .93 and 1.5 in the next day or two
kidwai
karachi, Pakistan
Posts: 77
14 years ago
Oct 29, 2009 19:36
Hi Ashraf Brouther how are you, well will you pls tell us what you think about cabel and aussies.
Thanks
Best Regards
Chartvuze
salisbury, UK
Posts: 18
14 years ago
Oct 29, 2009 18:07
Hi Ashraf/Speculator anybody

What is cable's next trick ?
forextrader
vologda, Russia
Posts: 127
14 years ago
Oct 29, 2009 15:26
GBP is bullish; Looking at the chart 1.6730 is the next resistance level. Goldman Sachs early this week forecasted GPB/USD at 1.85 by the end of the year.
Personally I am looking for fibonacci retracement of last move to go long.
will poho
Toronto, Canada
Posts: 20
14 years ago
Oct 29, 2009 15:07
Ashraf!!! where are you today? Your insight is needed. Don't cut us off without warning. ;-)

The Pound ??

Thanks