[quote=allserene;1807754]So BOE are talking about inflation
So I take it you say GBP going up in the next days............
So I take it you say GBP going up in the next days............
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DislikedSo BOE are talking about inflation
So I take it you say GBP going up in the next days............Ignored
Dislikedwhat about this?? looks bad for the cable...........
4:30am GBPhttp://www.forexfactory.com/images/m...mpact_high.gifRetail Sales m/m
http://www.forexfactory.com/images/m...etail_star.gif
0.2%0.4%Ignored
DislikedJust quick question. though if Retail sales tomorrow come out bad which its expected wou;d't GBP take a hit?Ignored
Disliked
that would be the logic of the fundamentals - we know that the market works on other factors in the short term.. but the fundamentals re-assert themselves so long as we are looking at the right fundamentals.. there is the rub
I am thinking of longer term position traders and what they would do right now...
The outline I gave points one way - but I wonder what other factors might go against that scenario
simply a 7% fall in a currency in a few weeks might be enough reason to suspect an upward correction - but that plus fundamentals ?
I am not convinced that the GBP is heading for 1.82 - and I reckon it might see 2.0 before thenIgnored
DislikedBut this is long term? What about fundamentals, usd is very weak and Fed didnt say anything optimistic for first quarter todayIgnored