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Cable Update (GBPUSD)

  • #79,661
  • Aug 4, 2008 1:09pm Aug 4, 2008 1:09pm
Quoting Carrera
Nice thinking. My opinion, it might bounce.
sure it will
USD Est Non Mortuus
  • #79,662
  • Aug 4, 2008 1:09pm Aug 4, 2008 1:09pm
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 1:17pm Aug 4, 2008 1:17pm
Quoting LuckyLurker
sure it will
Hey Lucky, how r you?

New avatar! What happended with the Bad girl avatar?
  • #79,664
  • Aug 4, 2008 1:18pm Aug 4, 2008 1:18pm
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 1:21pm Aug 4, 2008 1:21pm
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 1:24pm Aug 4, 2008 1:24pm
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 1:28pm Aug 4, 2008 1:28pm
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 1:38pm Aug 4, 2008 1:31pm | Edited 1:38pm
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 1:32pm Aug 4, 2008 1:32pm
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 1:33pm Aug 4, 2008 1:33pm
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 1:35pm Aug 4, 2008 1:35pm
Quoting Pennypacker
What will spur a pound rally?
Dovish FOMC..............
  • #79,672
  • Aug 4, 2008 1:35pm Aug 4, 2008 1:35pm
Quoting belekas
Good evening buddy
Whats good bro??
  • #79,673
  • Aug 4, 2008 1:36pm Aug 4, 2008 1:36pm
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 1:38pm Aug 4, 2008 1:38pm
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 2:23pm Aug 4, 2008 2:06pm | Edited 2:23pm
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 2:06pm Aug 4, 2008 2:06pm
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 2:10pm Aug 4, 2008 2:10pm
I think you guys are talking about Long @1.9626 and TP @ 1.9660 right!!!!!!!
  • #79,678
  • Aug 4, 2008 2:12pm Aug 4, 2008 2:12pm
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 2:12pm Aug 4, 2008 2:12pm
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 2:12pm Aug 4, 2008 2:12pm
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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