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Cable Update (GBPUSD)

  • #39,401
  • Nov 12, 2007 6:34am Nov 12, 2007 6:34am
its that bad in the uk, im having to eat bread & jam all ready! lol
  • #39,402
  • Nov 12, 2007 6:41am Nov 12, 2007 6:41am
Quoting tim1234
its that bad in the uk, im having to eat bread & jam all ready! lol
Let's goto that cheap country on the other side of the pond, I hear you can trade peanuts for their dollars.. I think it's called "america"
  • #39,403
  • Nov 12, 2007 6:44am Nov 12, 2007 6:44am
Quoting peterM
Let's goto that cheap country on the other side of the pond, I hear you can trade peanuts for their dollars.. I think it's called "america"

lol
  • #39,404
  • Nov 12, 2007 6:46am Nov 12, 2007 6:46am
Quoting peterM
Let's goto that cheap country on the other side of the pond, I hear you can trade peanuts for their dollars.. I think it's called "america"
maybe if we wait we can buy all america with a loaf of bread! lol
  • #39,405
  • Nov 12, 2007 7:10am Nov 12, 2007 7:10am
Quoting tim1234
GBP/USD: 2.07 Handle Lost, Big Fire in East London London, November 12. Cable has fallen to a new 12-day low of 2.0672 amid news of a large fire in East London (BBC television).
pic of fire
Attached Image
  • #39,406
  • Nov 12, 2007 7:12am Nov 12, 2007 7:12am
GBP/USD: Helped Off Low by Discounting of Terrorism re: Fire London, November 12. Cable has been helped off a 12-day low of 2.0672 by the Metropolitan Police discounting a terrorist motive re: the huge fire in East London "at the moment" (BBC website). The pound was already under pressure before news of the East London fire broke, due to the unwinding of JPY-funded carry trades. GBP/USD scaled a 26-year peak of 2.1162 on Friday, before increased risk aversion really hit home (to the detriment of sterling).
BoE Deputy Governor John Gieve is slated to speak in Frankfurt at 13:15GMT. The BoE publishes its quarterly inflation report on Wednesday. October"s RICS UK house price balance will be disclosed at 00:01GMT tomorrow (Tuesday). It is forecast to deteriorate to minus 20.0, from minus 14.6 in September. UK October inflation figures are due at 09:30GMT tomorrow. Annualized CPI is forecast to tick up to 1.9%, from 1.8% in September.
  • #39,407
  • Nov 12, 2007 8:01am Nov 12, 2007 8:01am
2.0531
  • #39,408
  • Nov 12, 2007 8:31am Nov 12, 2007 8:31am
Quoting tim1234
GBP/USD: 2.07 Handle Lost, Big Fire in East London London, November 12. Cable has fallen to a new 12-day low of 2.0672 amid news of a large fire in East London (BBC television).
Haha, You made me leg it to put BBC News 24 on. I've had bigger barbecues than that. Hardly the Great fire of London.
  • #39,409
  • Nov 12, 2007 8:34am Nov 12, 2007 8:34am
Quoting Ted1983
Haha, You made me leg it to put BBC News 24 on. I've had bigger barbecues than that. Hardly the Great fire of London.
lol i not watched on tv yet
  • #39,410
  • Nov 12, 2007 8:37am Nov 12, 2007 8:37am
Quoting tim1234
lol i not watched on tv yet
Nice, acrid smoke though.
  • #39,411
  • Nov 12, 2007 9:41am Nov 12, 2007 9:41am
265 pips drop. didn't this trend started before the fire?
If I Go Broke Trying Then I Will die happy.
  • #39,412
  • Nov 12, 2007 9:57am Nov 12, 2007 9:57am
yeah i think it did.. cable is starting to get cheap.. perhaps more downside to come yet.
  • #39,413
  • Nov 12, 2007 10:46am Nov 12, 2007 10:46am
What do you think about buying GPB/USD from now on...
It is 2.0600 ....It cant go down no more..I think so?
Work smart not hard
  • #39,414
  • Nov 12, 2007 11:09am Nov 12, 2007 11:09am
Quoting sony
What do you think about buying GPB/USD from now on...
It is 2.0600 ....It cant go down no more..I think so?
I am waiting for the dust to settle before going long. The short term trend is still down at the moment.
  • #39,415
  • Nov 12, 2007 11:17am Nov 12, 2007 11:17am
wassup?

Found that amusing (hihi)

http://www.caglecartoons.com/images/...408E9A0%7D.gif

Cable 0500 minimum imo. the 62days EMA ....
  • #39,416
  • Nov 12, 2007 11:21am Nov 12, 2007 11:21am
lol i love that picture
  • #39,417
  • Nov 12, 2007 11:49am Nov 12, 2007 11:49am
Quoting cesarnc
wassup?

Found that amusing (hihi)

Cable 0500 minimum imo. the 62days EMA ....
lol


every news site say this week will be very ugly
  • #39,418
  • Nov 12, 2007 12:06pm Nov 12, 2007 12:06pm
Quoting benssol
lol


every news site say this week will be very ugly
ugly often provides good opportunities :-)
  • #39,419
  • Nov 12, 2007 12:10pm Nov 12, 2007 12:10pm
Now there's the EMA to cook with !!! Now add the 200 EMA and 800 SMA !!!


Quoting cesarnc
wassup?

Found that amusing (hihi)

http://www.caglecartoons.com/images/...408E9A0%7D.gif

Cable 0500 minimum imo. the 62days EMA ....
  • #39,420
  • Edited 12:46pm Nov 12, 2007 12:20pm | Edited 12:46pm
Quoting peterM
ugly often provides good opportunities :-)
when it becomes ugly, it comes very fast and end very fast

for investing it's very bad
specially for stocks :-)
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