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Cable Update (GBPUSD)

  • #363,001
  • Feb 12, 2014 5:13am Feb 12, 2014 5:13am
no rate rise for over a year. GBP is getting way ahead of itself here at nearly 1.66 to the USD
the most over valued currency on earth
  • #363,002
  • Feb 12, 2014 5:15am Feb 12, 2014 5:15am
rate cut ok by BOE. Maybe a surprise next week at BOE minutes
  • #363,003
  • Feb 12, 2014 5:17am Feb 12, 2014 5:17am
We have some strong bulls coming into the pound here but how long will they stay? GJ is the one for me! definitely topping those USJPY Longs!
All posts are my personal opinion
  • #363,004
  • Feb 12, 2014 5:29am Feb 12, 2014 5:29am
GU is flat C
http://charts.mql5.com/3/866/gbpusd-...orporation.png
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #363,005
  • Feb 12, 2014 5:39am Feb 12, 2014 5:39am
are you short lol ?

Quoting Halba
no rate rise for over a year. GBP is getting way ahead of itself here at nearly 1.66 to the USD the most over valued currency on earth
it's all gone a bit........
  • #363,006
  • Feb 12, 2014 5:40am Feb 12, 2014 5:40am
break to north

Quoting Bones
it may be small but I believe ,under 1.36 confirms {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EUR USD D1 13 FEB USD Spot.png Size: 28 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #363,007
  • Feb 12, 2014 5:40am Feb 12, 2014 5:40am
cable ,I think very close if not high
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H10 12 FEB Spot.png Size: 30 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #363,008
  • Feb 12, 2014 5:43am Feb 12, 2014 5:43am
Short 1.6547.

TP : Open

SL: Set to BE
  • #363,009
  • Feb 12, 2014 5:50am Feb 12, 2014 5:50am
gbp ?
could take few hours to turn ,no confirmation on h4
Attached Image (click to enlarge)
Click to Enlarge Name: GBPLFXWeekly 12-02.png Size: 14 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #363,010
  • Feb 12, 2014 5:50am Feb 12, 2014 5:50am
For those who are anticipating a change in BoE rate - Carney is on record as saying that there will be no rate rise until unemployment is below 7% plus other factors in confluence.
  • #363,011
  • Feb 12, 2014 5:50am Feb 12, 2014 5:50am
No appreciable movement in the past 10 minutes....
  • #363,012
  • Feb 12, 2014 5:51am Feb 12, 2014 5:51am
Bearish pin bar forming on 1 hr...
  • #363,013
  • Feb 12, 2014 5:51am Feb 12, 2014 5:51am
Went short on GBPUSD 1.65307 SL 1.65682
  • #363,014
  • Feb 12, 2014 5:52am Feb 12, 2014 5:52am
ive been very bearish gu but right now there is not any reason to short this pair,
BOE is talking about tightening vs ECB talking about Negative Rates, Doom for the Euro, Light for the Pound, look like gates to $1.70 are now open.
  • #363,015
  • Feb 12, 2014 5:54am Feb 12, 2014 5:54am
if we make it back to 508 then a retest of 526 is very likely imo
  • #363,016
  • Feb 12, 2014 5:56am Feb 12, 2014 5:56am
poss bullish hammer 60 min
Attached Image (click to enlarge)
Click to Enlarge Name: USDLFXH4 12-2-13.png Size: 25 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #363,017
  • Feb 12, 2014 5:58am Feb 12, 2014 5:58am
end of pull back jpy
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #363,018
  • Feb 12, 2014 6:00am Feb 12, 2014 6:00am
Quoting Bluescalper
Went short on GBPUSD 1.65307 SL 1.65682
I went short cause i think this is end of retracement
  • #363,019
  • Feb 12, 2014 6:01am Feb 12, 2014 6:01am
Quoting acidguy
ive been very bearish gu but right now there is not any reason to short this pair, BOE is talking about tightening vs ECB talking about Negative Rates, Doom for the Euro, Light for the Pound, look like gates to $1.70 are now open.
Carney is saying they won't tighten even if unemployment gets below 7% and he wants to keep in accomidative they said tightening at the right time is important so the economy wont lose steam not "We will tighten"
  • #363,020
  • Feb 12, 2014 6:04am Feb 12, 2014 6:04am
what a morning to have to go out, took profit nzusd and should of went long, sold my 2 shorts for a loss and i had no trades m and look at the moves, i feel robbed but thank good i had some good news this morning, hope you are on the right side well done zappa if you stuck to your longs
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