GBP/USD could be over 1.6500 by Christmas

Idk, I see a breakout reject, needs to take that new high for confirmation IMO

This guy is a moron; I would say exactly the opposite, as the 1.6320 zone smacked cable back down, and fast. I would short right here back down to 1.5950 by Christmas- Zorin

secretly loving gbp volatility so far and there will be more ;}

The smack down zone was simple the London Close retracement as it happens everyday.. 1.70 is not impossible the next few weeks but then a deep retracement is in order

What do you think of Kiwi? Long or short?

Correct. GBPUSD already put in 130 pips by London Close and markets always retrace at that time..Who wants to buy at the end of the London Close when its already put in a daily range??? Retracement is almost complete and it is heading north as I write this..

real estate market improving, but trade balance (export - import) fail

Cable will hit 1.6500 by this Friday. No need to wait till Christmas.

USD/CAD has hit a wall of resistance at 1.06. I am short at 1.0590 with a stop at 1.0650.

Anyone agree?

i think GBPUSD is gonna be at 1.59 in Christmas if US NFP is very good... but, i'm not sure about this..

I think pound will be scrapped and replaced by bitcoin by xmas.

I think pound will too high by xmas for USD & EU, that their export will fall & deficit of import will be high on their trade balance next month.

Clearly the writer of this article does not live in UK,

1/ Property (real estate) in London has stalled completely in London, a top end house in St Johns Wood (think Abbey Road) has been reduced from £65m to £30m with no takers.

2/ Un-employment figures are way off.

3/ Earnings are way down on 2008.

4/ To get this jolly bump in the GBP has cost £700b of debt, all of which will need to be paid back, likely at significantly higher interest than it was borrowed.

I could go on …. but !!

Looks to me like the dumb moneys now all in on UK property bubble , next up higher taxes and interest rates and falling values across the board.

Party was fun while it lasted tho' :-))

The last time hit 1.6500 -1.6578 between 25 April - 2 May 2011 ...able to hold for a week. Is UK's economy was resilient at that time ??? then slowy it dropped onwards & in early oct - 3 oct to 9oct it drop to 1.5491 untill xmas 2011 it stayed below 1.5500. Now it's up in nov 2013 untill x mas 1.6300. I think it will drop slowly before end of January 2014

It's all currency manipulation by the "big boys"..sell high buy low...

i dont know a dam thing about about this currency pair. I just wanted to type.

Really? Haha last Christmas idiots on the Aus said by Dec Aus will be 1.10, maybe even 1.20 and now the same story trying to trigger buying on Gbp? This week is up, big news next week nfp etc maybe set up for short.

LMAO. That's funny. Thanks for the laugh.

Better than the story.

GBP is a free mason currency ...

Can't see the drama - it failed to go down and then was pushing for 3 weeks to break 1.6260. Now is a matter of time to get to 1.65 or even 1.67 next weeks and then slowly but surely - south. As it aways does :-). The only surprise will be if cable punches 1.70, but in my opinion it will not hold there most than week.

GBP/USD could be over 1.6500 by NEXT WEEKEND

My opinion ; Ideally I would like to go short here with a tight Stop Loss of 1.6400. If it breaches 1.6400 then we are like to see 1.6500+