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Cable Update (GBPUSD)

  • #375,841
  • May 6, 2014 2:59am May 6, 2014 2:59am
Germany Services #PMI: 54.7 (55.0 expected)
  • #375,842
  • May 6, 2014 3:00am May 6, 2014 3:00am
hello thread readers

I view that 88% of lots here are short lol.....Uk services pmi due - a good number could take us to 1.7000?

I got offers 6940-50 from a couple of sources...7039 the next former swing high - (on monthly chart.) Monthly R1 and Weekly R2 are at 6997 and sources say offer there also to 1.7000

best wishes.
it's all gone a bit........
  • #375,843
  • May 6, 2014 3:01am May 6, 2014 3:01am
Attached Image

..................................
  • #375,844
  • May 6, 2014 3:07am May 6, 2014 3:07am
Quoting HDA
{quote} @albchr: Are you sure about that? This Post Was Written on Thursday, January 6, 2011 at 12:13pm eastern {quote} HDA OUT
Hey HDA Well if that image you posted was any hint....yup!
Ghost Rider - WWTBMD?
  • #375,845
  • May 6, 2014 3:11am May 6, 2014 3:11am
Quoting SaiLyfee
{image} ..................................
'Praying' (or preying?) for bad result on that one, are those reports you get reliable usually?
  • #375,846
  • May 6, 2014 3:11am May 6, 2014 3:11am
I think the GBP will break the 1,700 or even more because the U.S. does not have the power to suppress the movement speed of GBP.
  • #375,847
  • May 6, 2014 3:13am May 6, 2014 3:13am
Quoting SaiLyfee
{image} ..................................
Classic buy the rumor, sell the fact
  • #375,848
  • May 6, 2014 3:13am May 6, 2014 3:13am
Quoting musani
I {quote} I did said last friday ..look at number .68
Now look at 1.6932 is the key number.
GELORE
  • #375,849
  • May 6, 2014 3:20am May 6, 2014 3:20am
1.7740 ULTIMATE RESISTANCE
1.7440 STRONG RESISTANCE
1.7140 RESISTANCE
1.7120 RESISTANCE
1.7040 STRONG RESISTANCE (will be next up)
1.6900 RESISTANCE (broke that already)
1.6860 RESISTANCE
1.6840 RESISTANCE
  • #375,850
  • May 6, 2014 3:20am May 6, 2014 3:20am
Quoting GDR3k
{quote} Classic buy the rumor, sell the fact
hehe...yeah, rumor is just that...rumor. Still awaiting the retrace but I hope HDA gets his 7000 exit target first.

Just him closing out will help that retrace...
Ghost Rider - WWTBMD?
  • #375,851
  • May 6, 2014 3:24am May 6, 2014 3:24am
Quoting albchr
{quote} hehe...yeah, rumor is just that...rumor. Still awaiting the retrace but I hope HDA gets his 7000 exit target first. Just him closing out will help that retrace...


169.68 if if if.. i will stop or will go forward to 1.7032
GELORE
  • #375,852
  • May 6, 2014 3:26am May 6, 2014 3:26am
FTSE is not pricing in a beat

Or getting down low for a rally
Attached Image (click to enlarge)
Click to Enlarge Name: FTSE 100 (MAY-14).png Size: 23 KB
  • #375,853
  • May 6, 2014 3:28am May 6, 2014 3:28am
Quoting JimmyC
FTSE is not pricing in a beat Or getting down low for a rally {image}
Jimmy, big deal.
Quote
14.09
Quote
(0.21%)
  • #375,854
  • May 6, 2014 3:29am May 6, 2014 3:29am
Quoting JimmyC
FTSE is not pricing in a beat Or getting down low for a rally {image}
GU crosses are positioned for a beat.
  • #375,855
  • May 6, 2014 3:31am May 6, 2014 3:31am
Quoting ruffryders
{quote} GU crosses are positioned for a beat.
GBP – Services PMI
Previous: 57.6
Forecast: 57.9
Actual: 58.7
  • #375,856
  • May 6, 2014 3:31am May 6, 2014 3:31am
Quoting JimmyC
{quote} GBP – Services PMI Previous: 57.6 Forecast: 57.9 Actual: 58.7
Thar she blows....
  • #375,857
  • May 6, 2014 3:33am May 6, 2014 3:33am
Gidday traders

Man lock in load

Yeee Haaaa
  • #375,858
  • May 6, 2014 3:35am May 6, 2014 3:35am
1.6950 Options Barrier Breached

1.6950 no longer valid

on to next barrier

1.7000 Options Barrier

HDA OUT
  • #375,859
  • May 6, 2014 3:35am May 6, 2014 3:35am
okay, I have some info from the London desk that the pound selling in GBP/USD will commense soon and this time it will be more to target 1.65 area in coming month..
  • #375,860
  • May 6, 2014 3:36am May 6, 2014 3:36am
Quoting GDR3k
{quote} Classic buy the rumor, sell the fact
so i take it you sold the fact, right?
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