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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3047
Forum Topic:

GBP

Discuss GBP
 
lucky
Nigeria
Posted Anonymously
11 years ago
Nov 7, 2010 10:03
hi guys long time hope every body is ok miss all of you
hope none of my friends was hurt in this crazy market now adays
i just want to advice that fed is not going to print money any more
instead he will be selling gold at highs which will lead to heavy buying in usd
please be carefull
catnip
Frankfurt, Germany
Posted Anonymously
11 years ago
Nov 7, 2010 9:34
The value at risk of GBP drops with var of USD thus I think there is not much potential in cable
left. The big profits were in shorting EUR vs AUD CAD CHF NZD GBP and imo this will remain profitable.
redstone
bristol, UK
Posted Anonymously
11 years ago
Nov 7, 2010 6:31
agree dave. but now they have embarked on qe2 they have shown their cards and i expect more to follow albeit with greater market volatility. Dont think boe will start qe2 till feb next year thats why I see cable gradually climbing.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 6, 2010 22:03
I don't see the point of making longer term forecasts Redstone. An awful lot can change before then and seems to me the Fed are at last losing credibility. From GreenspanM3 to Helipcopter jerk Ben the world is getting bored with american excesses and their dream.
redstone
bristol, UK
Posted Anonymously
11 years ago
Nov 6, 2010 14:55
agree subway. cable 168 start 2011 methinks..
subway90
Korea Sout
Posted Anonymously
11 years ago
Nov 5, 2010 15:51
Early part of next week will see further recovery of USDx...

expecting GBP to correct down to 6070/90 level b4 next move up to 6400/20 level...
Carlco
bristol, UK
Posts: 151
11 years ago
Nov 5, 2010 10:10
ashraf, the resistance from 2009 was also touched on jan 19 2010, looking at 2009 compared to 2010 it is similar albeit 2months shifted along, is this a good case for arguing a new head forming ? even if 16450 is breached 165 seems a very big level inthe context of 2009
catnip
Frankfurt, Germany
Posted Anonymously
11 years ago
Nov 5, 2010 10:05
UK data tell us no QE BoE in sight

PPI Input m/m 2.1% last 0.9% 0.4%

PPI Output m/m 0.6% last 0.2% 0.0%
chloethebull
Posted Anonymously
11 years ago
Nov 4, 2010 19:55
@daveO..thanks for the reply an i agree 100% about delaying the inevitable..but still painful on the acct lol...i see the usdchf is holding 9550 so far..hopfully ashraf is correct that eruusd will be lower by weeks end..ok gl guy:)
chartvuze
salisbury, UK
Posted Anonymously
11 years ago
Nov 4, 2010 19:53
Hi Forum

The entire financial world is effectively Bankrupt, but nobody dare admit it.

Good Luck Out There