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-   -   Cable Update (GBPUSD) (https://www.forexfactory.com/showthread.php?t=10378)

fosking May 7, 2010 8:06am | Post# 225081

Thanks. Is that 1.30pm UK time? Also is this predicted to be bullish or bearish for cable?
That's right mate, Actual > Forecast = Good for USD.

thinkman May 7, 2010 8:09am | Post# 225082

Thanks for the help guys

Galation May 7, 2010 8:10am | Post# 225083

Opinion is it could take up to 10 days to sort out this hung parliament and how it's going to work. Up until there is a decision investors will be hesitant to put their money into the GBP.

Based on those reasonings, my opinion is a bearish sterling across the board, remaining weak until clarity within the government.

(the reason being, the hung parliament may not be as aggressive in dealing with the country's debt, and therefore leaving the problem escalate, like Greece).

kill56 May 7, 2010 8:13am | Post# 225084

Opinion is it could take up to 10 days to sort out this hung parliament and how it's going to work. Up until there is a decision investors will be hesitant to put their money into the GBP.

Based on those reasonings, my opinion is a bearish sterling across the board, remaining weak until clarity within the government.

(the reason being, the hung parliament may not be as aggressive in dealing with the country's debt, and therefore leaving the problem escalate, like Greece).
very true and we will see lower 40's befor cable start going north

thinkman May 7, 2010 8:17am | Post# 225085

Are you guys going to be trading anything else when NFP comes out eg. EUR/USD?

jimobiwan May 7, 2010 8:19am | Post# 225086

Are you guys going to be trading anything else when NFP comes out eg. EUR/USD?
gold

kill56 May 7, 2010 8:20am | Post# 225087

sh cable
 
Are you guys going to be trading anything else when NFP comes out eg. EUR/USD?
stick with what u know

Dazzer May 7, 2010 8:23am | Post# 225088

Its all gone quiet said rhubarb.......

Dazzer May 7, 2010 8:26am | Post# 225089

We may have an inverted H&S on the M30. Could be another excuse to pump and dump

manize May 7, 2010 8:26am | Post# 225090

still no stop loss
Yes ,,,,, 3 short hedge @ 20 pips ---> 60 pips !

javapips May 7, 2010 8:27am | Post# 225091

someone lose their account this week ??? rise your hand...,

manize May 7, 2010 8:27am | Post# 225092

Make sure it's locked in 10 mins before NFP.

Could see a spike up if data is -50 below expectation.
Thanks, I hope spike up then, no more hold short currently !

thinkman May 7, 2010 8:33am | Post# 225093

are we long cable then??

Pursestrings May 7, 2010 8:33am | Post# 225094

Excellent NFP results yet Unemployment rate slightly worse...conflicting hmm?

Thinkman - im holding short myself. Make your own mind up mate

bbmac May 7, 2010 8:34am | Post# 225095

nfp
 
market waiting for statement from Uk's Pm Brown at 1240pm gmt, Cameron then at 1330pm gmt

xPrav May 7, 2010 8:34am | Post# 225096

good NFP numbers - stronger $ - weaker cable

unemployment numbers not off by a significant figure...so should see a weaker cable

Yngwie May 7, 2010 8:56am | Post# 225097

Can somebody help me.. should we sell now? or we buy?

mysterio May 7, 2010 8:59am | Post# 225098

Gordon Brown has dangled the carrot of a referendum electoral reform in front of the Lib Dems... David Cameron to make a statement in half an hour.

fosking May 7, 2010 8:59am | Post# 225099

Can somebody help me.. should we sell now? or we buy?
I would hang on half an hour for David Cameron to speak.

Yngwie May 7, 2010 9:03am | Post# 225100

Can somebody help me.. should we sell now? or we buy?


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