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Cable Update (GBPUSD)

  • #71,641
  • Jun 20, 2008 2:11am Jun 20, 2008 2:11am
Quoting fifo


$7.7 per gallon here in Poland
Holly shit! I'd find other means of transportation at that price. When I started driving, I remember gas was $.75 per gallon!
Just digging in the trenches like everyone else!
  • #71,642
  • Jun 20, 2008 2:15am Jun 20, 2008 2:15am
Quoting eohater
I paid $4.15 per gallon today for gas! Ugh!!
you could stop driving, And eat local organic whole foods. but then again we be Americans
  • #71,643
  • Jun 20, 2008 2:19am Jun 20, 2008 2:19am
Quoting mcfx
you could stop driving, And eat local organic whole foods. but then again we be Americans
Just digging in the trenches like everyone else!
  • #71,644
  • Jun 20, 2008 2:24am Jun 20, 2008 2:24am
Quoting mcfx
you could stop driving, And eat local organic whole foods. but then again we be Americans

When I was a student in US previously the gas only cost 0.65 per gallon. One can afford to use Ford Torino to the class....
Oh Lord! Give me more PIPs
  • #71,645
  • Jun 20, 2008 2:27am Jun 20, 2008 2:27am
Quoting eohater
its 6.34$ here in leb
When life gives you lemons, make lemonade
  • #71,646
  • Jun 20, 2008 2:28am Jun 20, 2008 2:28am
Quoting Runway Trade
My day job is in retail. I own two businesses. May was a better then expected month for us in South Africa as well. If you look at US Retail figures last week they were good too. BUT this month June (so far) is VERY Bad for us. I have found that the world trends together in retail. If we are doing bad the world does bad (not because we are doing bad, just retail in general) so if this month carries on like it is, next month when they release figures I will be short!

World wide fuel is getting very expensive. World wide food prices are going through the roof. World wide inflation is a problem at the moment. Just one small world we live in.
Interesting...from your observations of customers...what do you put the difference between the months down to?
  • #71,647
  • Jun 20, 2008 2:29am Jun 20, 2008 2:29am
I think the bias for the day is long. What do you think?
  • #71,648
  • Jun 20, 2008 2:32am Jun 20, 2008 2:32am
Quoting uncletrumpet
I think the bias for the day is long. What do you think?
I've been short since 1.9730.
Just digging in the trenches like everyone else!
  • #71,649
  • Jun 20, 2008 2:32am Jun 20, 2008 2:32am
Unleaded petrol is about $8.30 per US Gallon in the UK...the differential between it and diesel has shot up from 1% to 10% (i.e. diesel is relatively much more expensive now.)
  • #71,650
  • Jun 20, 2008 2:35am Jun 20, 2008 2:35am
I've been short since 1.9686, should I get out of this? It just broke through my Fibo, which isn't a very good sign... but I don't want to panic, get out of the trade, only to have it go the other way right after.
Do you think the karate kid knows kung-fu?
  • #71,651
  • Jun 20, 2008 2:35am Jun 20, 2008 2:35am
im short from 1.9735... ...im still waiting since last night...wawawa.....
be patient, self-belief and discipline... stay focus...
  • #71,652
  • Jun 20, 2008 2:36am Jun 20, 2008 2:36am
Quoting Spectator
Interesting...from your observations of customers...what do you put the difference between the months down to?
If I could answer that question I would like to repeat it this month again!? I have tried to find the answer but nothing. Our group launched a new product on the 13th May did a lot of extra advertising. So I thought we were the only ones having a better month! But apparently the hole world was having a better month. I duplicated the advertising this month but still sales are down. CNN reported Wednesday morning that UK retailers are also having bad June to date.
  • #71,653
  • Jun 20, 2008 2:40am Jun 20, 2008 2:40am
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Quote
0734 GMT [Dow Jones] After Thursday's rally on those strong UK retail sales, the GBP could look vulnerable to profit-taking. "We suggest going short cable as early as above 1.98," says UniCredit, referring to the "artificial" boost the GBP got from astonishingly strong sales figures that most economists are at a loss to justify. Cable is now at $1.9716. (NEH)

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(END) Dow Jones Newswires
June 20, 2008 03:34 ET (07:34 GMT)



  • #71,654
  • Jun 20, 2008 2:43am Jun 20, 2008 2:43am
Today is follow the Euro day.
  • #71,655
  • Jun 20, 2008 2:48am Jun 20, 2008 2:48am
...let me see :nerd:hmm.....wow.......
be patient, self-belief and discipline... stay focus...
  • #71,656
  • Jun 20, 2008 2:52am Jun 20, 2008 2:52am
it 4am and where stuck in a tight range like this, this is bs.
If I Go Broke Trying Then I Will die happy.
  • #71,657
  • Jun 20, 2008 2:53am Jun 20, 2008 2:53am
Quoting Moe
it 4am and where stuck in a tight range like this, this is bs.
Just digging in the trenches like everyone else!
  • #71,658
  • Jun 20, 2008 3:02am Jun 20, 2008 3:02am
Quoting Moe
it 4am and where stuck in a tight range like this, this is bs.
true
  • #71,659
  • Jun 20, 2008 3:06am Jun 20, 2008 3:06am
Quoting Moe
it 4am and where stuck in a tight range like this, this is bs.
Couldn't agree more, with what looks to be a light news day...

I am out for the weekend, will see what Monday brings...

good luck everyone.

G10
Enlightened.
  • #71,660
  • Jun 20, 2008 3:13am Jun 20, 2008 3:13am
do u all agree cable will go down....this time.....?
be patient, self-belief and discipline... stay focus...
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