GJ looking VERY ugly guys, over the last day it broke the last major support between it and 118.... eek.... Once it gets back to 130 (If it does)... the selling is ON!
Dr. C
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Dislikedlooks like no up moves today until a few hundred pip drop, maybe 123Ignored
Disliked... I ask myself if G by itself isn't a currency where all bad things are within the price and if policy finally is turning in a good direction. Being no EU member gives them huge advantages in being able correcting things.Ignored
Dislikedhow do you get 1.5280.. i do see 1.54 as a possible stop point.. prev supp? ..Ignored
DislikedOptimism is good, but frankly, it's the bulls and neverending spending that got the world to this mess. And make no mistake, we are into a debt crisis, like never before in history, so there's no real benchmark to go by. While sterling is independent of the euro, nothing has yet changed in the UK for the worse: there will be massive bank failures, debt defaults, and significant social upheaval, sooner there than elsewhere. Money printing will only do so much; every country that's tried it has ultimately failed at it; was just [url="http://www.cato.org/pub_display.php?pub_id=8232"]reading...Ignored
Dislikedraza
and here is another chart ... 1.55 looks promising for me ,, HUGE RESS levelIgnored
DislikedThose are your FACTS & GOLDMAN SACHS FACTS BUT THEY ARE DEFFINATLY NOT MY FACTS. If I sell you a 100 pound Gold Bar as 0.999 pure Gold & when you cut it open its LED THATS FRAUD & THEFT "NOT ME OVERSPENDING" The Paper they Goldman & the rest of the BANKSTERS sold the World as AAA were really GARBAGE & they knew it "ITS FRAUD" Those are thge REAL FACTS!Ignored
DislikedHello everyone, I want to use the opportunity of this relatively quiet time and ask you what the latest word is on EUR interventions. (The reason I am posing the EUR question on this thread is that GBP typically gets dragged along.) Thanks in advance for your input.Ignored
DislikedThat's the problem. When intervention happens we see it reflected in the charts and the effect is usually very obvious. Regardless, the central banks be it the Fed, ECB, SNB, BoJ etc.... will never admit the fact that they became buyer/seller of the last resort until about 6 months afterwards.Ignored
DislikedI will Buy when it comes back to 127xx level ,,If ever......Dont sell it at that level....140.00 is the level to watch....G/J...
I am nobody to adevise you...just saying...look at your 4 hr or even 1 Hr...squeeze it...dont worry about the INDIS...I had predicted 126.70 level 2- 3 months ago and had a pending Buy which got missed by 3 pips.......!!! Oh I am pissed off.... If it ever goes below that Bull party is OVER....IMO,...Ignored
DislikedI will Buy when it comes back to 127xx level ,,If ever......Dont sell it at that level....140.00 is the level to watch....G/J...
I am nobody to adevise you...just saying...look at your 4 hr or even 1 Hr...squeeze it...dont worry about the INDIS...I had predicted 126.70 level 2- 3 months ago and had a pending Buy which got missed by 3 pips.......!!! Oh I am pissed off.... If it ever goes below that Bull party is OVER....IMO,...Ignored