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  • UK Index of Production, January 2013

    From ons.gov.uk

    •Production on a seasonally adjusted basis fell by 2.9% in January 2013 compared with January 2012. •Manufacturing on a seasonally adjusted basis fell by 3.0% in January 2013 compared with January 2012. •Production on a seasonally adjusted basis fell by 1.2% between December 2012 and January 2013, mining & quarrying fell by 2.4% and manufacturing fell by 1.5%. •The earliest period open for revision is January 2011. The impact of these revisions on previously published Gross Domestic Product quarterly growth rates is minimal, at most around -0.03 percentage points. •Users are reminded that all figures ... (full story)

Wow...
"Black hawk is going down..."
  •  Guest
  • | IP XX.XXX.123.182
where will the floor be?
  •  Guest
  • | IP XXX.XXX.102.28
If the trend continues Great Britain only "product" will be new chavs living of benefits and city debt. Well done politicos.
untill when does it want to go down?
  •  Guest
  • | IP XX.XXX.193.84
Every bad data is sell off, i not trading this.
....no prizes for guessing what the NIESR figures will say later.
Carbon-Dioxide: the gas of life!
Quoting Solare
untill when does it want to go down?
There can always be a retracement back up to 1.5270, however i think the target should be 1.44-1.45 range. If it breaks those then the next target should be around 1.35
tp 1 floor 148000
Let say it is the result of a weak economy. They show themselves big but inside is nothing. In the next couple of months we may see EURGBP=1.
Quoting kashif
There can always be a retracement back up to 1.5270, however i think the target should be 1.44-1.45 range. If it breaks those then the next target should be around 1.35
Agreed, there is a possibility of a bounce at 1.48 but if we see a daily close below then the next likely number is ~1.44
Carbon-Dioxide: the gas of life!
Quoting Exodus
Agreed, there is a possibility of a bounce at 1.48 but if we see a daily close below then the next likely number is ~1.44
I agree 1.44 welcomes.
There are so many issues for the UK to contend with, even before Mark Carney begins his shredding of sterling's value, that it's difficult to contemplate a 'steady' level for GBP. The mention of parity with the euro mightn't be as fanciful as many commentators and analysts perceive. There may also be a chorus of political/business demand for further devaluation in order to stimulate exports to the UK's largest trading partner - the EU, because of these appalling manufacturing/production figures.
adios dear pound !!
its going to die !! to 1.4500 stronglly
Quoting Trader88q
i would say 1.55 its hard target. dont be so greedy
Take profit at 1.530 and thats it for u. the train to north has come for pound. dont miss
Quoting Trader88q
adios dear pound !!
its going to die !! to 1.4500 stronglly
So which one of your predictions is it to be?
I have some old bank notes from various banana republics, should I exchange them for GBP as each one reaches parity and then hold for a bounce. It's a high risk gamble but if it paid off I would be richer than Warren Buffet
Is there any news about Gold?
Such as what, we're now reduced to exchanging it for basic grocery items?

Quoting mehboob
Is there any news about Gold?
Quoting Trader88q
adios dear pound !!
its going to die !! to 1.4500 stronglly

Isn't it you who said it will go to 1.5300 few weeks ago? lol
Quoting Trader88q
adios dear pound !!
its going to die !! to 1.4500 stronglly
Welcome back @ 1.5050 pound
Any Idea when its going down again? Currently its now at now 1.4908
Quoting pcca-matrix
Welcome back @ 1.5050 pound
Be cautious!
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