Dislikedyou should trade the rain result you would be pp now lol ,so your long sir ? where to may i ask respectfullyIgnored
Cable Update (GBPUSD)
{quote} gl i have a sell order up there /?
- #369,224
- Mar 25, 2014 4:28am Mar 25, 2014 4:28am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
{quote} well perhaps u too look at the daily candle opening prices give or take a few pips, find its a good guide but then cant get it right all the time.. just enough to be cool .. better than producing commercials lol
The pair is still sleeping close to 1.65 area without any hint of positioning before the inflation data. It looks like the pound just waits to get a signal to break below the support line, and the CPI numbers may give the needed catalyst. If broken, we may see the move to 1.6450 right away, as no big barriers on the way down is rumored. Nevertheless, the mentioned target may trigger a mild rebound, as large buyers’ interest with stops below is noted.
What are today’s key GBP/USD levels?
Today's central pivot point can be found at 1.6499, with support below at 1.6461, 1.6424, and 1.6386 with resistance above at 1.6536, 1.6574, and 1.6611. Hourly Moving Averages are largely bearish, with the 200SMA at 1.6578, and the daily 20EMA bearish at 1.6593. Hourly RSI is neutral at 51.
- #369,225
- Mar 25, 2014 4:34am Mar 25, 2014 4:34am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
{quote} yes at £100 a pip per day not bad ??? lol i read a fx site just reading this below, info only not what i have wrote ??GBP/USD may reach 1.6450 The pair is still sleeping close to 1.65 area without any hint of positioning before the inflation data. It looks like the pound just waits to get a signal to break below the support line, and the CPI numbers may give the needed catalyst. If broken, we may see the move to 1.6450 right away, as no big barriers on the way down is rumored. Nevertheless, the mentioned target may trigger a mild rebound,...
- #369,230
- Mar 25, 2014 4:35am Mar 25, 2014 4:35am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #369,234
- Mar 25, 2014 4:39am Mar 25, 2014 4:39am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
{quote} wow u know ur stuff there Elbert, as cpi was y 2 y on par will aim for 165400 at the end of the day ..
