Cable Update (GBPUSD)

In at 15430 provisional stop above yesterday open @ 15475

short at 5420 with stop 15 pips above

SL now @ BE TP above yesterday low @ 15370 ie 60 pips

All the Best

obviously that's bull.

jumped into this short just in time

close 7 pips short of target for 53 pips ... don't refuse quick pips

see you later all ...

out at 5378 +42 im getting sleepy, off to bed, see U all tomorrow

lol, phew - good shit.

im wondering why im still here, lol
need to get some sleep but im curious to see if she picks up buyers now or its just a pause ....hmmmm

Interesting spot where she has stalled

Pound Rises on Report BOE's Fisher Sees `Normalized' Rates; Kiwi Rallies

By Ron Harui - Dec 23, 2010 9:45 AM GMT+0300

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The pound rose for the first time in five days after a Bank of England official said in a newspaper interview that he expects interest rates to rise.
The British currency rebounded from near a three-month low after BOE Markets Director Paul Fisher told the Daily Telegraph the U.K.’s borrowing costs will “head back to a normalized position” of 5 percent. The yen gained for a fourth day versus the dollar, its longest streak since Oct. 8, on signs China is taking more measures to cool growth. New Zealand’s currency surged as Finance Minister Bill English said the nation’s economic expansion will accelerate next year.
“Rate hikes from the BOE seem possible,” said Norifumi Yoshida, vice president of the trading section in Singapore at Mizuho Corporate Bank Ltd., a unit of Japan’s second-largest banking group. “This is causing buying of the pound.”
The pound advanced to $1.5424 at 6:42 a.m. in London from $1.5386 in New York yesterday, when it fell to $1.5356, the lowest level since Sept. 14. The euro increased to $1.3133 from $1.3100, after touching $1.3074 on Dec. 21, the weakest since Dec. 2. The yen rose to 109.16 per euro from 109.47, after advancing earlier today to 108.92, the strongest since Dec. 1.
The yen climbed to 83.12 per dollar from 83.57 yesterday and reached 83.07, the strongest since Dec. 14. New Zealand’s dollar rose to NZ$1.3439 per Australian dollar from NZ$1.3489 yesterday, when it reached as low as NZ$1.3521, the weakest since September 2000.
BOE Policy
The BOE won’t “be putting up rates so quickly” as to cause “negative reaction” and will only tighten policy quickly if the strength of the economy demands it, Fisher said, according to the newspaper. Bank of England policy makers were split three ways for a third month on the need for economic stimulus as some officials became more concerned that inflation may persist

Ok, i'll bite, long at 5383( got a wierd fill), tight stop 10 pips below

From hand to mouth?

whatever it takes!, lol

I wish i hadn't taken this long trade, im soooo sleepy

fuck it, im out +2, g-nite

London calling

+30pips up?

I see this pair move within the high and low of 1.5471 and 1.5350... Dont expect anything outside of this region until tomorrow or next week. Use a trend line and picture the move btw support and resistance in this area. Hope this helps....... My view

5380+30=5410? on GBP news 9.30 gmt?

Hi,

GBPUSD is currently on a support on 4H RSI chart. If this hour closes (that means closing of 4H candle too) at current prices then we may see the pair touching back it's day high again.

The impatience of entry was compensated by the patience of exit on top of cable