Cable Update (GBPUSD)

i was joking, im not in a trade right now, im done for the week :nerd:

U WILL SEE EUR AGAIN 1.5355 MUNIMUM

wow
u mean today???????????

i dont know why FF put in clander green indicator beside Jobless Claims which mean good news for dollar and the number is really bad for us dollar

read this article fron CNBC
Jobless Claims Show Unexpected Decrease

JOBLESS CLAIMS, ECONOMY, LAYOFFS
By AP

The Associated Press
| 05 Jun 2008 | 08:40 AM ET

The number of laid-off workers filing claims for unemployment benefits showed an unexpected improvement last week although a key indicator of unemployment hit a four-year high.

The Labor Department reported Thursday that applications for unemployment benefits totaled 357,000 last week, some 18,000 fewer than the previous week. That pushed applications for benefits to their lowest level since mid-April.
However, the four-week average for people receiving benefits edged up to 3.086 million, the highest level since March 6, 2004, when the country was still struggling to recover from a prolonged period of rising unemployment.
The increase in so-called continuing claims underscored the problems people are facing with rising layoffs and the difficulty in finding new jobs in a weak economy.
The unemployment report for May will be released on Friday. Analysts are expecting that the overall civilian jobless rate will edge up to 5.1 percent, compared to 5 percent in April, and that businesses will have cut 60,000 jobs, marking the fifth straight month of job losses.

This prolonged stretch of job cuts has many economists believing the country has fallen into a recession.
However, the overall economy as measured by the gross domestic product has managed to remain in positive territory with the GDP growing at an annual rate of 0.9 percent in the first three months of the year.
2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
URL: http://www.cnbc.com/id/24983366/
MSN Privacy . Legal
2008 CNBC.com

my opinion its long time above 1.9525 ... good trade ( trade @ ur own risk )

by the way, the uneployment is green beacuse less ppl are unemployed then forecast....

still

short dolar short

more $$$$ for me

all the best bro
hows that label working out.
i hope its doing good.
if u ever need a lebanese rapper u know who to call

Trichet is the man!!

Anyone thinks Euro will be pulling GBp up with it ?

yeah he is
very strong stand
better than that 70's show

i was hoping for that to happen but instead eur/gbp is going strong

if anyone watching live on bloomberg was free pips on euro.....

indicated hike possible next month

Tell you what all knowing Moe you go short im long we will see what happens.

i was watching but i wasnt looking at euro at first i was looking at the 2 year yeilds
now that was a beautiful hike
check them out theyre standing above 4.50

hey fx local

guilt 10 year yields are starting to move a bit higher


wat do u think

yep, missed sell on the bund but caught euro, very hawkish....

im also long lol
p/s:Moe not short he is kidding

... lebanese rapper, Mc Salah k, might work

not much!

you stick with your longs, while i sit on the sideline and enjoy my pips i made this week

steelhead, don't be another crazyhorse we all know what happen to him, such bold prediction will leave you in the poor house