dont worry, someone is going to get that 150 pips before we go back up!...
ISM will surprise to the upside as well, so you can still get in!
Cable Update (GBPUSD)
- #51,663
- Feb 1, 2008 8:36am Feb 1, 2008 8:36am
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
I do not think price will go back where it was before.. no way
been short since last night.......
- #51,665
- Feb 1, 2008 8:42am Feb 1, 2008 8:42am
- | Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
I think 1.9950 is a good resistance level, so there must be a retracement since the up trend had start in 1.9330. For me, a retracement to the 38% of this movement is probable to get hit. And then up again ....
- #51,669
- Feb 1, 2008 8:44am Feb 1, 2008 8:44am
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
Why ?
- #51,671
- Feb 1, 2008 8:51am Feb 1, 2008 8:51am
- | Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
ask yourself, why is it going down now? and then you have your answer......
Why would it go down overnight from 1.9720 ?
Why has the euro gone down ?
Enough GBP whacking - just what is so attractive about the USD ?
reserve currency ? I would rather buy gold
)))))))))))))
- #51,677
- Feb 1, 2008 9:01am Feb 1, 2008 9:01am
- | Membership Revoked | Joined Mar 2005 | 4,703 Posts
Everyone Be Ready to see 2.00
Do you guys see just about 1 Hour left to NFP.. these Banks bring the Price of GBP/USD at such level, that It will be ready to fly like a rocket upside... haha..
If I Go Broke Trying Then I Will die happy.
Now i am just waiting for dust to settle.. lets wait patiently whats the next reaction..