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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:

GBP

Discuss GBP
 
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Dodger
London, UK
Posts: 139
14 years ago
Apr 9, 2010 14:57
Like I wrote the other day,market wants a conservative victory and opinion polls seem to be turning in their favor,dollar is strong but against a weak euro this could be very positive if this trend continues for a whopping move against euro in euro/gbp pair.
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 9, 2010 14:55
ugly friday ... as it usually is
INGbalek
Trencin, Slovakia
Posts: 120
14 years ago
Apr 9, 2010 14:51
@montmorency..
my sl was almost 130pips...wasnt tight at all...:-)
but when i look at the prices now, better to stay aside..SNB and Polish Central Bank-possible supporters of Greece...rocketed eur to the sky .. happy to be in position of viewer with no money in the game...
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 9, 2010 14:51
aha.... newswire: EUR/USD Buoyed by Claim that "Deal for Greece is Done"
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 9, 2010 14:46
what an ugly priceaction on GBPUSD last 4 days. Bahhh, another 50pips in 15min... And EURUSD the same, only it's 60pips in 15min and rising. Outrageous ... Did the world got mad once again?
montmorency
Abingdon, UK
Posts: 610
14 years ago
Apr 9, 2010 14:42
@INGbalek: Tough luck. This is precisely why I don't use tight stops or even try to be too exact with my stops. The dollar has certainly been punished today, although GBP/USD has still not yet penetrated 1.54. I hope that next week is better for you (and all of us! :-) ).
INGbalek
Trencin, Slovakia
Posts: 120
14 years ago
Apr 9, 2010 14:26
@all...
my sl was 1,5390,,,today (so far) high is 1,53901...i cant believe..ridicolous..:-)
abandoning gbpUSD for a while,,,good bless the upcoming weekend..to clear my mind and thoughts!!!!

i think, when u loose some pips, its irrational to start hunting those pips at once..ur decisions are mostly emotional, not underlined with rational figures...thats why im off right now, wishing everyone nice 2 days off!!!!
macrosam
United States
Posts: 190
14 years ago
Apr 9, 2010 13:19
It is very close to the time to re-enter my GBP/USD short. I think the recent GBP strength vs. the EUR will be abating and turning into weakness. GBP/EUR is approaching the descending upper trendline of a symmetrical triangle (daily time frame 2008 - 2010). This, of course, assumes that EUR/USD and GBP/USD continue in their downtrends, though it can be argued that GBP/USD has put in a double bottom, though I don't believe so.
mike
United States
Posted Anonymously
14 years ago
Apr 9, 2010 11:56
I like your latest GBPUSD IMT Ashraf!
It agrees with what I see on my earlier assessment, only 1 pip difference!
mike
sub
UK
Posted Anonymously
14 years ago
Apr 9, 2010 11:29
ashraf, think my question got lost in the many posts after it. with cable now at 15350+, do you still see this heading down to 148 and lower? i see your IMT says we could see 15430, but has the downtrend now been broken now that we have 15350+?
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