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

GBP

Discuss GBP
 
Dodger
Singapore
Posted Anonymously
12 years ago
May 7, 2012 2:05
Now watching the 1.6100 line monday morning sterling been down to 1.6113 so far,taken profit on some of last weeks trades but have a couple remaining with stops raised. Made post last week when I checked this forum and saw a lot of the crew sterling positive with all the last few days political instability ahead.just hope I helped someone out was"nt looking for an argument.
jacek
Melbourne, Australia
Posts: 2579
12 years ago
May 7, 2012 0:35
similar scalps to euro..
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
May 4, 2012 20:43
And I would advise you to focus more on the French election for your monday trading.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
May 4, 2012 20:41
Its only mid term council elections Dodger during which times all govnmts always take an unpopularity hit on very low turnout. That is exactly what we have seen. Plenty of time yet for all parties to self destruct by the next election. Besides Labour do not have a credible leader, just a rambling cretin who would not threaten a moron. He doesn't even look british, not sure where they found him.
Dodger
London, UK
Posts: 139
12 years ago
May 4, 2012 20:11
Target one at 1.6150 cracked and although resisting stubbornly looking like a test of 1.61 with london markets closed monday,asian session monday could be interesting to see if asia sells or supports at the 150 line,made a mistake by the way,not a triple coalition,now the spectre of an outright labour victory???
jacek
Melbourne, Australia
Posts: 2579
12 years ago
May 3, 2012 6:45
oops.. I and II gone missing.. :-)
Dave J
Canada
Posted Anonymously
12 years ago
May 3, 2012 3:38
...opening a can o' worms there jacek/ DaveO ;)...nothing speaks every language better than the mouth of a wallet...often heard the only way to get cultures to come under 'one banner' is to get them all in 'hock' first, then bail 'em out on your terms...the alternative is war, divide and conquer etc, but that doesn't seem to sit too well with most of the populace in this day and age...

...cable looking heavy here at 6178...next stop 6100? next 48hrs should be worth a trade or two with the event risk due out...

...getting down to levels where bulls would want to reload...a pop back into the 62-63's? Looking for a sell...

DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
May 3, 2012 1:21
:-)
jacek
Melbourne, Australia
Posts: 2579
12 years ago
May 3, 2012 0:31
yes Dave.. we better look out for that artificially engineered by our governments monster "black swan" eh?.. probably not that far off as baby boomers medical/wealthfare reality check inevitably approaches.. probable trigger might be iphone becoming obsolete for generations X,Y,Z.. and all remaining baby boomers savings invested in AAPL get wiped out.. :-)
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
May 3, 2012 0:05
Our problems are no smaller and no greater than almost the whole of europe, the USA and Japan. take yer choice on timing. Even China has serious concerns imho. Might as well stick with the technicals and leave it to the markets to act irrationally on fundamentals. Ultimately the bond mkts will go on strike, then you will see a global problem you never imagined possible.