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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3046
Forum Topic:

GBP

Discuss GBP
 
said
mulhouse, France
Posts: 2822
11 years ago
Oct 26, 2010 10:18
1.5650 will be tested back again
subway90
Korea Sout
Posted Anonymously
11 years ago
Oct 25, 2010 13:18
expecting correction lower to 5450/5500 level b4 resumption of uptrend... close below 5450 level would be initial signal for bigger correction(whole correction from 42xx bottom upnove)... but only break of 5295 would confirm... upside target of 6400/6500 level still valid for current upmove... until main support broken...
Stationdealer
London, UK
Posts: 715
11 years ago
Oct 25, 2010 12:06
GBP needs another correction phase down in my opinon to start its up leg up to 170 175. So stay calm if your GBP bull and very cautious of any little movment onto the up side. I agree with Ashraf sentiment of 14070 for Euro's test of resistance and need be to believe else wise keep close eyes on the earning season.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 21, 2010 16:16
Ashraf right about GU not a good play right now. Chop suey.

Now I spooked it we might get a good move.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 18, 2010 16:05
GU potential for volatility this week with announcements on public sector cuts.
fx-1
cairo, Egypt
Posted Anonymously
11 years ago
Oct 18, 2010 14:28
dear sultan5568 ,
you are not going to get a proper answer for this .. lol .. he is like that
sultan5568
jubail industrial, Saudi Arabia
Posts: 10
11 years ago
Oct 18, 2010 12:56
Dear Ashraf, do you think GBP/USD will retest 1.6068 again before go down.


regards,
said
mulhouse, France
Posts: 2822
11 years ago
Oct 18, 2010 2:59
do u know why the cat of man isle has a short tail?
because he knows too much
will poho
Toronto, Canada
Posts: 20
11 years ago
Oct 17, 2010 22:45
Hi Ashraf, I would assume that is bad for the Pound?
Ashraf Laidi
London, UK
Posts: 0
11 years ago
Oct 17, 2010 21:38
Latest Intraday Market Thought

October 17, 2010 16:33 ET: The London-based Centre for Economics and Business Research (CEBR) predicts the Bank of England will increase its emergency bond-purchase plan (QE2) by GBP 100 billion ($160 billion) to stimulate the economy as the government cuts spending. Interest rates will remain at 0.5% until at least late 2012). Weve already heard reports about the UK Treasury looking into postponing some of its plans to cut spending. In fact, the IMF is suggesting these spending cuts should be reconsidered if they risked driving UK growth back into recession. Here is my video from September 3rd explaining why any QE2 from the Fed will drive the BoE into the doing the same, with a chart on the similarity of BoE/Fed interest rate differentials in 4:15 mins. http://bit.ly/bD3cta


Ashraf