residual demand toward the lows then - well we know where the most obvious immediate demand and supply is !
G/L
G/L
ex member
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Dislikedrejection candles don't get much better than this 1min in immediate post data.
Uk Boe Qtrly inflation report and press conference due at 1030am gmt...likely a downgrading to Gdp forecast ?..will they signal more Qe is on the cards ? if so may be dovish in tone and therefore pout downside pressure on the £
anything can happen (or nothing)
G/LIgnored
DislikedMervyn King reckons (or should I say Sir Mervyn King) that inflation will fall sharply.Ignored
Disliked....BOE is key today and I am also expecting dovish comments with more QE on the table. 1.571x is wide open for today but a dovish BOE will open 1.553x and a 3rd test of the key 1.530x for the next weeks. .....BOE hasn't been shy at all with QE and given the current climate and negative GDP growth around the corner I expect to keep the same line... We'll see ....sisseIgnored
DislikedWouldn't touch shorts in either pair right now. Waiting for 1.3650 in Eur/Usd to see how that reacts and 1.5900 in Sterling.Ignored
DislikedHi I see, u are bullish in this pair.. But could u give us any hint why?
Yesterday we got a breakout from range. we are painting new lows after few days..
ThanksIgnored
Dislikedi think you should use your PO at about 5780 if you gonna buy cable, that will make some sense. just my 2 cents.Ignored