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Will pound break 1.92? Gbp nearing it's Psyche resistance 1.92

  • Post #1
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  • First Post: Nov 23, 2006 12:31pm Nov 23, 2006 12:31pm
  •  blueray1957
  • | Joined Oct 2006 | Status: Member | 10 Posts
Hey all

I've notice that over the last few years the pound has never been above 1.9200. It appears that 9141 was a major resistance for longs.
Anything is possible. Is there major resistance to the pound going thru 9200?
Is it possible that the gov't steps in before the 9200 pt?


Thoughts
blueray
  • Post #2
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  • Nov 23, 2006 1:58pm Nov 23, 2006 1:58pm
  •  notme32
  • | Joined Sep 2006 | Status: Member | 677 Posts
i think maybe it depend GDP data tomorrow, break 9177 or no.

someone had something about GDP ?
I Deeply Love My Virtual Life In Virtual World , RLC
 
 
  • Post #3
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  • Nov 23, 2006 2:05pm Nov 23, 2006 2:05pm
  •  mp777
  • | Joined Feb 2006 | Status: Member | 151 Posts
Quoting blueray1957
Disliked
Hey all

I've notice that over the last few years the pound has never been above 1.9200. It appears that 9141 was a major resistance for longs.
Anything is possible. Is there major resistance to the pound going thru 9200?
Is it possible that the gov't steps in before the 9200 pt?


Thoughts
blueray
Ignored
Hi blueray, it was actually up to 1.95 less than 2 years ago and chances are it's heading back there.

M
Yorkshire - UK
 
 
  • Post #4
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  • Last Post: Nov 23, 2006 2:21pm Nov 23, 2006 2:21pm
  •  AhmedFouad
  • | Joined Sep 2006 | Status: Forex Student | 182 Posts
Yes, It will. The tight ranges we have seen will lead market to explosive moves as we break the ranges on majors to new trend highs. My thoughts only.
Forex is not easy!
 
 
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