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Cable Update (GBPUSD)

  • #46,381
  • Dec 20, 2007 1:00pm Dec 20, 2007 1:00pm
Runway Trade,

Yes agree ..... anything can happen .... but looks like it will slowly drift lower yet today.

Thanks,

ut2DaMax


Quoting Runway Trade
short at .9839 only looking for 15pips
  • #46,382
  • Dec 20, 2007 1:15pm Dec 20, 2007 1:15pm
I warn to exercise caution on this pair the GBP has dropped way to far way to fast.
  • #46,383
  • Dec 20, 2007 1:35pm Dec 20, 2007 1:35pm
Quoting hijackxx@hotmai
lolz.. sorry for the language.. complaint was expected

translate: Don't tell me you just had some big losses Mr./Mis.
oh yes .......absolutely........now my finance is in very very big trouble

ps : bnyk hut , pk bng lg.
I Deeply Love My Virtual Life In Virtual World , RLC
  • #46,384
  • Dec 20, 2007 1:40pm Dec 20, 2007 1:40pm
WHERE IS THE SANTA CLAUS..................!

I need that 2.0000 before christmast.....................

or there is no santa ?
I Deeply Love My Virtual Life In Virtual World , RLC
  • #46,385
  • Dec 20, 2007 1:46pm Dec 20, 2007 1:46pm
GMT December 20 Cable opened in New York trading 1.9885 and was once
again offered from jump with the pair easily clearing stops below 1.9880 on
cross relating GBP selling via GBP/JPY and EUR/GBP to open a sharp drop into the
London fix by 1.9800. Price action tailed off into the afternoon with the price
seen consolidating the latest setbacks between 1.9810-50. Technicians note
however that while the selling is expected to continue, hourly studies are
severely stretched and dailies have just now moved into oversold. A bounce is
therefore viewed as likely as trade lightens up into the thinner pre-holiday
Friday session. US event risk in the form of a lower than expected Philly Fed
index and disappointing jobless claims failed to factor into price action.
Looking ahead, tomorrow"s key UK specific event risk comes in the form of
retails sales data due out at 9:30GMT. We are projecting 0.2% m/m and 4.5% y/y.
Traders however should proceed with caution in the final day of trade of the
lightened pre-holiday week.
  • #46,386
  • Dec 20, 2007 2:07pm Dec 20, 2007 2:07pm
Quoting notme32
WHERE IS THE SANTA CLAUS..................!

I need that 2.0000 before christmast.....................

or there is no santa ?
will not happen before xmas, sorry
  • #46,387
  • Dec 20, 2007 2:09pm Dec 20, 2007 2:09pm
i just took a long at 1.9819
  • #46,388
  • Dec 20, 2007 2:28pm Dec 20, 2007 2:28pm
hi im new on this forum

my charts says - GBP/USD - long :-)
  • #46,389
  • Dec 20, 2007 2:35pm Dec 20, 2007 2:35pm
Quoting AmeriTrini
will not happen before xmas, sorry
ah ha.......... you just remind me that santa is in action just a night before christmast.................

and when i wake up then i got my prize...........
so i will sleep now....................zzzzzzzzzzzzzzzzzzzzzzzzzzz
I Deeply Love My Virtual Life In Virtual World , RLC
  • #46,390
  • Dec 20, 2007 2:45pm Dec 20, 2007 2:45pm
Quoting patryn
hi im new on this forum

my charts says - GBP/USD - long :-)
The moon told me to stay short to 1.9650. I wonder which is more accurate.
  • #46,391
  • Dec 20, 2007 2:49pm Dec 20, 2007 2:49pm
Quoting faqcya
The moon told me to stay short to 1.9650. I wonder which is more accurate.
short is to easy...
  • #46,392
  • Dec 20, 2007 3:04pm Dec 20, 2007 3:04pm
nice bull run
  • #46,393
  • Dec 20, 2007 4:57pm Dec 20, 2007 4:57pm
Now that Cable has tagged the bottom Bollinger Band in the Weekly time frame, we might, just might see some easing of the downside pressure. Until the next move I believe would be the middle BB on the Monthly currently in the 9550 area.
Polishing my crystal ball
  • #46,394
  • Dec 20, 2007 7:01pm Dec 20, 2007 7:01pm
....friday as always crazy & unpredictable,but my system is telling to go long...am in 9845!
  • #46,395
  • Dec 20, 2007 7:08pm Dec 20, 2007 7:08pm
Good morning every one.... If we look at daily and 4 hours chart.... it look like today the cable is going upward... the cable had drop 380++ pips in two days so today might going up... any one agree me?? if don angree me can just shoot me..

thanks every one...
  • #46,396
  • Dec 20, 2007 7:13pm Dec 20, 2007 7:13pm
Quoting LichTrader
Good morning every one.... If we look at daily and 4 hours chart.... it look like today the cable is going upward... the cable had drop 380++ pips in two days so today might going up... any one agree me?? if don angree me can just shoot me..

thanks every one...
...!
  • #46,397
  • Dec 20, 2007 7:17pm Dec 20, 2007 7:17pm
Quoting LichTrader
Good morning every one.... If we look at daily and 4 hours chart.... it look like today the cable is going upward... the cable had drop 380++ pips in two days so today might going up... any one agree me?? if don angree me can just shoot me..

thanks every one...

goin up
You better be ready for the future, for the future is NOW.
  • #46,398
  • Dec 20, 2007 7:24pm Dec 20, 2007 7:24pm
I think down for about 30 pips, then up to 1.99
  • #46,399
  • Dec 20, 2007 7:31pm Dec 20, 2007 7:31pm
GBPhttp://www.forexfactory.com/images/m...mpact_high.gifRetail Sales m/m

Measures the value of sales at the retail level. A rising trend has a positive effect on the nation's currency because Retail Sales make up a large portion of consumer spending, which is a major driver of the economy and has a sizable impact on GDP. Traders pay close attention to Retail Sales because it is usually the first significant indicator of the month that relates to consumer behavior and is susceptible to surprises.


Any one have any idea about this news??
  • #46,400
  • Dec 20, 2007 7:33pm Dec 20, 2007 7:33pm
Cable deciding whether to go south or north right now.
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