GBP Trade Index 18-Year Chart

The Goldman-backed CABLE CARTEL continuing to work hard, very hard on the offer of uer/gbp to prop gbp/usd in asia session today. Every time sterling drops two-pips, the Cartel immedialy bumps it up three. The Cable Cartel is getting ready to run more stops. Why? Because they can! They are The Cable Cartel, manipulators of currency pairs.

Only 9-1/2 hours remain in their game, when they release their next bogus bullish report on sterling concurrent with the UK GDP report.

iT WILL BE INTERESTING TO SEE IF GOLDMAN SACS AND THEIR FRONT MAN, JIM O' NEILL, COME
OUT WITH THEIR USUAL SPEIL ABOUT HOW WONDERFUL EVERYTHING IS PROJECTED TO BE IN
THE UK. I MUST SAY I AM SURPRISED THAT THE TELEGRAPH (USUALLY A SERIOUS PAPER) PRINT
THIS DRIVEL. I HAVE A HUNCH THAT JIM O' NEILL (BEING A LABOUR MAN) HAS AN AGREEMENT
WITH GORDON BROWN, TO TALK THE ECONOMY UP, AND IF BY SOME MIRACLE HE DID MANAGE
TO GET RE-ELECTED HE WOULD BE IN LINE FOR A KNIGHTHOOD.

Today's FX MVP was just announced over the wire. It was none other than Goldman.

Goldman received the award based on its ability to offer eur/gbp all day long, nearly knocking off 100 pips in that pair. In a recap of todays events, most currency pairs remained in a tight range except for the Goldman Cable Cartel backed offering of eur/gbp to pimp gbp/usd 150 pips on the day.

The lower euro goes, the higher cable goes.

Goldman-backed Cable Cartel doing their pre-GDP gig. Goldman must need more bonus money, so they are offering eur/gbp to the world in order to pimp cable higher so they can dump on the post-UK GDP report.

Go get 'em Goldman!

No one answered about Abby Joseph Goldman? Is she in the witness protection program for shamelessly equities higher and higher for the Goldman IPO years ago?