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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
but, u just show us GBPJPY chart yesterday. it could only happen in "too good to be true", otherwise UJ will works better, or it is just kinda hedge.
The chart looks good.
The fundamental idea "sounds" great:
- Abe gets both houses and can ease all the way
- Carney leads the doves out of QE
Does it sound too good to be true?
A
www.cityindex.co.uk/market-analysis/market-news/14241262013/gbpjpy-carney-abes-upper-house/?cid=0000215115
Ashraf
btw, G always make me feel giddy.
AL is pretty bearish Carney at BOE now and pretty bullish USD and tapering b/s. I can't visualise your 1.63 in the foreseeable future.
ABC up from the 12th march low to 17th June high dictates current direction = south.
only break above 5305 would see bigger correction higher b4 move lower...
I'd prefer continued losses down so selling rallies would be a good game plan..
gl/gt