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Cable Update (GBPUSD)

  • #79,661
  • Aug 4, 2008 11:09am Aug 4, 2008 11:09am
Quoting Carrera
Nice thinking. My opinion, it might bounce.
sure it will
USD Est Non Mortuus
  • #79,662
  • Aug 4, 2008 11:09am Aug 4, 2008 11:09am
This is so bearish, I see only a support in 1,9470 at the moment, so no longs , think in red, searching shorts in retracements to 1,9650 / 1,97
  • #79,663
  • Aug 4, 2008 11:17am Aug 4, 2008 11:17am
Quoting LuckyLurker
sure it will
Hey Lucky, how r you?

New avatar! What happended with the Bad girl avatar?
  • #79,664
  • Aug 4, 2008 11:18am Aug 4, 2008 11:18am
lots of bad news coming out of UK tomorrow - and FOMC will speak of possibly raising rates before end of year = dollar rally and GBP decline...seem reasonable?
  • #79,665
  • Aug 4, 2008 11:21am Aug 4, 2008 11:21am
Quoting SpiderSystem
This is so bearish, I see only a support in 1,9470 at the moment, so no longs , think in red, searching shorts in retracements to 1,9650 / 1,97

thats what am looking for too it sound strong R level
  • #79,666
  • Aug 4, 2008 11:24am Aug 4, 2008 11:24am
Quoting Pennypacker
lots of bad news coming out of UK tomorrow - and FOMC will speak of possibly raising rates before end of year = dollar rally and GBP decline...seem reasonable?

FOMC cannot raise rates with the labour market is still losing jobs, dont count on them saying anything like that, expect a GBP rally tomorrow in my opinion.
  • #79,667
  • Aug 4, 2008 11:28am Aug 4, 2008 11:28am
Quoting AmeriTrini
FOMC cannot raise rates with the labour market is still losing jobs, dont count on them saying anything like that, expect a GBP rally tomorrow in my opinion.
What will spur a pound rally?
  • #79,668
  • Edited 11:38am Aug 4, 2008 11:31am | Edited 11:38am
Quoting SpiderSystem
This is so bearish, I see only a support in 1,9470 at the moment, so no longs , think in red, searching shorts in retracements to 1,9650 / 1,97
For what it's worth, I agree with your analysis. Short @ 1.9626 TP 1.9460


G10
Enlightened.
  • #79,669
  • Aug 4, 2008 11:32am Aug 4, 2008 11:32am
Quoting AmeriTrini
FOMC cannot raise rates with the labour market is still losing jobs, dont count on them saying anything like that, expect a GBP rally tomorrow in my opinion.
Good evening buddy
  • #79,670
  • Aug 4, 2008 11:33am Aug 4, 2008 11:33am
Quoting Carrera
Hey Lucky, how r you?

New avatar! What happended with the Bad girl avatar?
Hiya Carrera.. nice to see ya.. Doing well.. price is finally here )

she got fired!
USD Est Non Mortuus
  • #79,671
  • Aug 4, 2008 11:35am Aug 4, 2008 11:35am
Quoting Pennypacker
What will spur a pound rally?
Dovish FOMC..............
  • #79,672
  • Aug 4, 2008 11:35am Aug 4, 2008 11:35am
Quoting belekas
Good evening buddy
Whats good bro??
  • #79,673
  • Aug 4, 2008 11:36am Aug 4, 2008 11:36am
Quoting AmeriTrini
FOMC cannot raise rates with the labour market is still losing jobs, dont count on them saying anything like that, expect a GBP rally tomorrow in my opinion.
this is spot on.
USD Est Non Mortuus
  • #79,674
  • Aug 4, 2008 11:38am Aug 4, 2008 11:38am
Quoting Galeforce 10
For what it's worth, I agree with your analysis. Short @ 1.9626 TP 1.9660


G10
Patience + Discipline - Greed = Success
  • #79,675
  • Edited 12:23pm Aug 4, 2008 12:06pm | Edited 12:23pm
Maybe is too soon to take a position, price can go to 1,9650-1,97, i'll wait tomorrow, because It needs more consumption time to join.
  • #79,676
  • Aug 4, 2008 12:06pm Aug 4, 2008 12:06pm
Quote
Originally Posted by Galeforce 10 http://www.forexfactory.com/images/buttons/viewpost.gif
For what it's worth, I agree with your analysis. Short @ 1.9626 TP 1.9660


G10
Quoting Infinity

  • #79,677
  • Aug 4, 2008 12:10pm Aug 4, 2008 12:10pm
I think you guys are talking about Long @1.9626 and TP @ 1.9660 right!!!!!!!
  • #79,678
  • Aug 4, 2008 12:12pm Aug 4, 2008 12:12pm
I'm now long from 1.9607 >>>> target 1.9813
If you count on hope in any trade ……. Get out of it
  • #79,679
  • Aug 4, 2008 12:12pm Aug 4, 2008 12:12pm
Quoting asyed4
I think you guys are talking about Long @1.9626 and TP @ 1.9660 right!!!!!!!

was thinking the same..
  • #79,680
  • Aug 4, 2008 12:12pm Aug 4, 2008 12:12pm
Quoting nAVIN2007
this long is like watching paint dry...

Dude consider the time of day it is for one. Also major news coming out later tonight and in the morning. You expect this thing to go nuts at this time of day
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