Cable Update (GBPUSD)

hmm, UP?

Very close score!
Congrats

Good Day

Cable is trading below pivot 1.9662 ... first resistance seen @ 1.9709 and first support seen 1.9623

untill we didnt reach 1.9720 or go above it ... trend is down and we going to 1.9389

Cable not doing anything...........
Nor

Cable not doing anything...........
Nor any other currency for that matter

THX for your daily exact and correct Pivots

untill we didnt reach 1.9720 or go above it ...

trend is down and we going to 1.9389

1,9655 is a consolidation after the last bullish movement.

1H is in a bullish configuration. The consolidation should continue.

The price should find a support above 1,9610.

If the support is broken then the target will be 1,9400.

2. Tuesday, February 26th, 2008 (8:30 a.m. New York Time) USA
At 8:30 a.m. we will have U.S. Core PPI m/m. This is a quite small indicator. It is expected to come out at 0.2%. In order to move the market, we would need to have a large deviation here. I would enter a trade with 0.2 deviation on Core PPI supported by 0.5 deviation in the same direction on headline. If the core goes the other way than the headline, or headline is just as expected, probably you would want to exit the trade rather sooner than later. Having said all that, if the core PPI m/m comes out at 0.4% or higher, I would sell GBP/USD and look for about 35 pips. If it comes out at 0% or negative, you may want to buy GBP/USD and also look for 35 pips move.

I short @ 1.9674

Hey, Hyperbolic,

its not normal, polite and usual to publish someone's text without his consent. It is even illegal, in civilized countries. So either ask author to allow you do it or stop immediately!

Currently short. Stop just above the high of the Daily.

same

down cable.

I threatened cable to go down. Poor thing is now scared and headed down

lol...cute

be more aggressive we want to c 9500 by the end of the day. so kick it up a notch(ur threatening not cable)

we might actually be moving up this time..
passed the pivot point too
oh no ....back to where we started...we are struck!!!

Nah, I dont buy the current movements. US ppi will send it down, look to buy on a dip. Its failing to go higher, it must be a sign!

We will now see 9700+ today