Hot-Charts
Cable Sticks to Pattern
by
Feb 3, 2009 9:09

Since Nov, GBPUSD posted 5 advancing periods lasting 5-7 days and each ... in the magnitude between 5 and 8%. Traders take advantge of brief buying opportunities before restarting the established downtrend. Market expectations of another 150-100-bps in BoE rate cuts as the markets have yet to see further deterioration on the macro (unemployment, Indus production) and banking picture. ST term implications suggest next down leg to recall $1.3930, followed by last months $1.36 lows, while any recovery is seen tempered at $1.4400.
More Hot-Charts
-
Gold 30 mins
Jun 25, 2025 12:12 | by Ashraf Laidiسأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send a detailed note on the latest technical parameters to our WhatsApp Bdcst Group... -
DAX Eyeing Gap
Jun 19, 2025 17:10 | by Ashraf Laidiسأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send a detailed note on the latest technical parameters to our WhatsApp Bdcst Group. -
Weekly Gold Candles
Jun 18, 2025 20:17 | by Ashraf Laidiسأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send a detailed note on the latest technical parameters to our WhatsApp Bdcst...
Comments
(Showing latest 0 of 0)
View All Comments
Report Reply