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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
Dec 21, 2009 14:50
Shaer, Not so fast. theres key support at 1.6, but 1.57 will have to wait until mid Q1 when UK problems intensify. The key here is that GBP is the least likely currency to have any significant gains vs USD.

Ashraf
EL Shaer
Giza, Egypt
Posts: 59
14 years ago
Dec 21, 2009 10:44
Dear Ashraf
DO you think Cable down back to 1.57 . And if it will raise in this weak to wich Point ??
Thankes for Ansar
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Dec 21, 2009 1:04
Celtic, thats an interesting question. shorting usdchf is less expensive than shorting gbpchf if you get it wrong, but I would go with shorting gbpchf as a longer term trade. Lets revisit the question after the new year.


Ashraf
Celtic girl
Andorra
Posted Anonymously
14 years ago
Dec 20, 2009 20:44
Hello Ashraf,

Which would you see as the better play in the medium term - shorting GBP/CHF
or long USD/chf.

Thanks
speculator
Posted Anonymously
14 years ago
Dec 17, 2009 10:05
euros weakness will certainly spill over over sterling particularly cable. the dollars uptrend is in-tact and 100% buy into 2010.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Dec 16, 2009 18:12
Maria, i dont expect 2010 to be a good year for GBP and so GBPCHF will find it hard to break above 1.7148-50.

Ashraf
Maria
Juarez, Mexico
Posted Anonymously
14 years ago
Dec 16, 2009 16:43
Hola Ashraf,
Welcome back home. I wondering where GBPCHF goes from here. Went up so much already and I wonder if I should go long on it. do you think it still has room to run up more? Resistance is not until 1.7100. Please what you think?
Thank you.
Maria.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Dec 16, 2009 16:40
raj, gbpjpy may have more upside towards 148.10, but looks like BA may be the next source of selling for GBP. if FOMC statement is cheerful for stocks, then expect the data-fueled GBP to regain 147.30s today and in Asia.

Ashraf
14raj
Kolkata, India
Posts: 210
14 years ago
Dec 16, 2009 14:17
Ashraf,
i just short GBPJPY at 146.80.will it work?
Regards,
Rajib
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Dec 16, 2009 13:48
Thks Said. Thks Philipips

Ashraf