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

GBP

Discuss GBP
 
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DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
May 8, 2012 12:06
no terminal damage to daily chart yet and with possible bull flag. The 1.6300 high fell shy of minimum targets so not sure whats going on. CBI seem to think the theoretical double dip is over stated and they expecting good #'s forthcoming for the near term. Just a heads up I guess re not sure that a meaningful high was made at 6300.
jacek
Australia
Posted Anonymously
12 years ago
May 8, 2012 12:00
germans came to the rescue:-).. so maybe that's 3.. or ABC.. or.. anyway might be worth testing this hypothesis with tight stop somewhere below 6110..
jacek
Melbourne, Australia
Posts: 2579
12 years ago
May 8, 2012 10:55
in free fall.. maybe test of 6050 finally?
jacek
Melbourne, Australia
Posts: 2579
12 years ago
May 8, 2012 8:05
no surprise.. retraced to target.. now trying to make or break support..
benny
sydney, Australia
Posts: 21
12 years ago
May 8, 2012 0:22
1.6300 weak resistance?
jacek
Australia
Posted Anonymously
12 years ago
May 7, 2012 23:34
expected corrective 3 up but looks like got 5 instead.. consolidating in little range now.. perhaps going lower first before higher again, but it could also surprise..
jacek
Melbourne, Australia
Posts: 2579
12 years ago
May 7, 2012 11:32
closed cable long for 50pips.. might see what develops from here..
Dodger
London, UK
Posts: 139
12 years ago
May 7, 2012 3:43
Actually going to close up last positions for now,sterling finding a bit of a base and prefer to be out of market with London closed,
Dodger
London, UK
Posts: 139
12 years ago
May 7, 2012 3:20
Looks to be going to test 1.61 tonight !!!
jacek
Melbourne, Australia
Posts: 2579
12 years ago
May 7, 2012 2:59
thx dodger.. all my swing targets from last week done in cable too..:-)..
just scalping a little rebound from 6116 now.. but be going for 6100 and 6080 later.. probably from 6146-66 level..
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