Cable Update (GBPUSD)

For expanded, multimedia Reuters Top News visit: * 3000 Xtra: visit http://topnews.session.rservices.com * THOMSON ONE: visit topnews.thomsonone.com/topnews * ReutersStation: view story .134 * Reuters Plus: from your WebDSS screen For more information on Top News, visit http://topnews.reuters.com ............................................................... TOP STORIES > Stock futures gain as earnings fuel optimism urn:newsml:reuters.com:*:nN16236214 > JPM strikes $1.7 bln deal to buy RBS Sempra units urn:newsml:reuters.com:*:nLDE61F1F7 > Merck profit meets views, sees deal savings ahead urn:newsml:reuters.com:*:nN16209312 > Kraft profit up, sees long-term Cadbury boost urn:newsml:reuters.com:*:nN16208616 > Simon Property offers $10 bln for General Growth urn:newsml:reuters.com:*:nN16210579 > Barclays profit tops $18 bln; cuts bonus ratio urn:newsml:reuters.com:*:nLDE61E0QU > Waste Management posts higher quarterly profit urn:newsml:reuters.com:*:nN16210207 > CF posts lower net and sales, sees strong spring urn:newsml:reuters.com:*:nN16211789 > Qwest quarterly profit and revenue decline urn:newsml:reuters.com:*:nN16157528 > Capital One credit card defaults rise in January urn:newsml:reuters.com:*:nSGE61A0KM > Abercrombie profit shrinks as sales fall short urn:newsml:reuters.com:*:nN16205906 > Astra pays up to $1.2 bln for Rigel arthritis drug urn:newsml:reuters.com:*:nSGE61F054 > Teva Q4 profit rises, sees strong 2010 urn:newsml:reuters.com:*:nSGE61F044 > Discovery: Only animal trials needed for drug OK urn:newsml:reuters.com:*:nSGE61F0F1 > Oil gains over $1 as euro edges higher urn:newsml:reuters.com:*:nSGE61F06Y ............................................................... For latest top breaking news across all markets NEWS ............................................................... TOP NEWS SUMMARIES ON OTHER SUBJECTS Front Page TOP/NEWS Breakingviews TOP/COM Politics Policy & Risk TOP/G Global Economy TOP/MACRO Financial Services TOP/FIN Corporate Finance TOP/DEALS Fund Management TOP/FUND Corporate Credit TOP/CREDIT U.S. Companies TOP/EQU European Companies TOP/EQE Asian Companies TOP/EQA Foreign Exchange TOP/FRX Central Banks TOP/CEN Government Debt TOP/DBT Emerging Markets TOP/EMRG Commods & Energy TOP/CE Tech, Media, Telecoms TOP/TMT Basic Industries TOP/BASIC Consumer Goods TOP/RETAIL Healthcare TOP/HEALTH Sports TOP/SPO Lifestyle & Ent TOP/LIFE Must Read Features TOP/FEA Top News Directory TOP/ REGIONAL TOP NEWS PAGES Japan TOP/JP Britain & Ireland TOP/GB Greater China TOP/CN Canada TOP/CAN Latin America TOP/LATAM Africa TOP/ZA Middle East TOP/MEAST German language TOP/DE ............................................................... Access to some items may depend on subscription level. ............................................................... UP-TO-THE-MINUTE HEADLINES Company results RES Economic indicators ECI Mergers & acquisitions MRG Interest rates INT LIVE PRICES & DATA World Stocks 0#.INDEX Dow Jones Average .DJI NASDAQ .IXIC FTSEurofirst 300 .FTEU3 Nikkei .N225 FTSE 100 .FTSE Currency rates EFX= NFX= Debt 0#USBMK= EURIBOR U.S. light crude oil CLc1 HOW TO FIND INFORMATION YOU NEED REUTERS NEWS PHONE/HELP EQUITY BONDS MONEY COMMODITY ENERGY ................................................................ Page Editor: Martin Golan, New York Equities, 646-223-6217 ................................................................

hello shad,

do u have a link for your harmonic patterns. I will luv 2 learn

Feb 16 (Reuters) - Citigroup downgraded the U.S. household & personal products sector to "underweight," saying valuation looks challenging and any further strength in the U.S. dollar will likely generate the potential for some earnings misses given the hefty international sales exposures.
The brokerage upgraded the telecom services sector to "market weight" from "underweight," and said the earnings revisions trends clearly seem to be bottoming near historical lows, indicating the potential for some rebound.
The telecom group has also underperformed the market over the past six months, the brokerage added.
Citigroup added a downgrade watch on the health care equipment & services group as earnings estimate revisions are slipping and the economic drivers data is not at all supportive. The brokerage also has a downgrade watch on the energy sector.
The brokerage has a moderately positive view of equities and sees some good opportunities opening up as investors grapple with the sovereign risk issues in Europe and Chinese monetary tightening.
For the research alerts, please click on ID:nWNAB7504
(Reporting by Jennifer Robin Raj in Bangalore; Editing by Maju Samuel)
(([email protected]; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging:[email protected]))
Keywords: EQUITYSTRATEGY RESEARCH/CITIGROUP

Difficult question. The trend is down, may reach 1.56 today and later lower. Sent you PM.

NEW YORK, Feb 16 (Reuters) - A gauge of manufacturing in New York state rose in February as inventories jumped, the New York Federal Reserve said in a report on Tuesday. Story: ID:nNLLGDE60D Table: ID:nN16213856 KEY POINTS: * The New York Fed's "Empire State" general business conditions index rose to 24.91 in February from 15.92 in January. * The inventories index rose sharply, to 0.0, its highest reading in more than a year. COMMENTS: STEVE GOLDMAN, MARKET STRATEGIST, WEEDEN & CO., GREENWICH, CONNECTICUT: "The data is generally consistent with the growth that has been expected here. At times there seems to be higher than-expected -- purchasing managers being one last go round and now we see Empire being the other. A lot of nervousness, but the market did drop 9 percent from its highs. A lot of people got bearish here, after a 9 percent pullback, that is a normal pullback in the first year of a bull market. For the market it withstands some of the external shocks, probably has the foundation of which to be supported on pullbacks, have some probing to upside here. Maybe try to retrace half the losses we've seen now, maybe getting us back to the 1,100 mode eventually." ANNA PIRETTI, SENIOR U.S. ECONOMIST, BNP PARIBAS, NEW YORK: "On the headline it was a really strong number but I think the details overall are somewhat more bearish than the headline would suggest. A lot of the improvement was driven by a correction of inventories... It's a temporary factor. What worried me more was a sharp decline in new orders. It was at 20.5 in the previous month and it's down to 8.8. This clearly indicates that some of the demand that we hoped would sustain the recovery in manufacturing is not there. "There's still downside risks in the future. "Somewhat of a downward correction in manufacturing activity is still likely. "A divergence has emerged between stronger ISM manufacturing and weaker ISM non-manufacturing readings. This divergence kind of suggests that manufacturing has run ahead of itself a little bit and the economy hasn't followed." JACOB OUBINA, SENIOR CURRENCY STRATEGIST, FOREX.COM, BEDMINSTER, NEW JERSEY: "The headline is constructive but the details of the report suggest the region grew a bit slower than that 24.9 would suggest. New orders fell quite sharply, shipments also fell, and the only real positive sign in there was the the employment index edging a bit higher. "We saw a modest squeeze higher in the yen crosses. The main focus is still on Greece and the debt problems on the periphery of the euro zone, but on the sidelines, U.S. data has outperformed European data, so that's been helpful for the dollar." MARKET REACTION: STOCKS: U.S. stock index futures hold gains BONDS: U.S. Treasury debt prices hold losses DOLLAR: U.S. dollar holds losses ((Reporting by New York Treasuries Desk; +1-646 223-6300)) Keywords: USA ECONOMY/EMPIRE

remember to say something..,

this thread is almost reach 200.000 post, i want to post something right in that number...,so please please please let me make a post in that number....
ok?
i only want 1 number (@200.000)..,please.... after that up to you if you want to make post/reply as much as you want...,
not too much wishes from me I guess...,

thank you before...

java.


note: always remember to see what post number is the last post at your right side each post..., this post is 199.920 thank you..

Flat +52p 1,3% for today

+23 pre news, +32 post news

Going well!

support at 622



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Detect the trend with the DMI

darn we need a break here for it to keep going south any h1 pone below the line its party time

Hi Kill

Which software do you use to see the amount of sellers and buyers pls?

here its bro

Thanks - I will try to download it at home tonight on my metatrader chart!!

As posted last night, a failure to breach and close candle above the 200ema on the hourly to me, still means that we haven't come around to the bulls yet.

Original chart, and current chart...

long limit 1.56 trg 1.57 4h GU...

This is in situation like this that I tend to come out instead of waiting and end up not to take my pips - so I am now on a demo account to deal with my impatience and fear!

That is certainly one way of putting it to be sure...LOL.

Simple support and resistance analysis...I am a simple fella with a simple set of rules...

Buy support...Sell resistance...follow the money.

down movement is a trap

take care

You are good, another buy 1.5650 to 1.5730, no stopping us, hahahahahahaaaaaaa

An opportunity to buy (and sell) between the lines...
and let the EMA's wind together on select TF's.

Up helps the 1h and above... down helps the 30m and below.

Dr. D.