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Cable Update (GBPUSD)

  • #433,481
  • Jun 26, 2016 3:51am Jun 26, 2016 3:51am
Pound trend?
Attached Image (click to enlarge)
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  • #433,482
  • Jun 26, 2016 5:13am Jun 26, 2016 5:13am
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There's no harm in being smtm wrong especially if one is promptly found out
  • #433,483
  • Edited 6:41am Jun 26, 2016 6:20am | Edited 6:41am
there wont be a second referendum ,there no basis as turn out high ,good win ,considering the risk in voting leave as laid out by the previous Prime Minister
Great news Corbyn wont be able to hold position ,he un electable even before this
this shake up is brilliant UK politics ,who are completely disconnected with public
vote leave just that ,I guess whoever in government will need a mandate

Nicola Sturgeon is a nightmare terrier with a bone trying get what she always wanted ,I wish Scotland a lot of luck with oil prices should they be so silly

BP is laying off thousands of workers in the North Sea and Aberdeen, and the “second oil boom” that Nicola Sturgeon spoke of in Shetland during the referendum looks some way off. The Nationalists’ sums on tax revenues – which looked optimistic at the time – were badly wrong.
Quoting salifx
{image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #433,484
  • Jun 26, 2016 7:17am Jun 26, 2016 7:17am
Quoting vasily
{quote} does the count completed..?
Yes .
It will not materialise anyway .
  • #433,485
  • Jun 26, 2016 8:05am Jun 26, 2016 8:05am
come back to gap ,rally was completely taken,gives strength to the view of gaps after the event


Quoting Bones
gaps are always remembered by market ,and form support and res forevermore , with forex biggest difficulty is whats real, with cable these gaps recently ,have to say are real , could well be the entire rally gbp aud was all about that large Boris gap ,with a little overrun ,its how i see chart will move lower time will tell ,ill try to come back to this chart {image}
Attached Image(s) (click to enlarge)
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Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #433,486
  • Jun 26, 2016 8:18am Jun 26, 2016 8:18am
Quoting Bones
come back to gap ,rally was completely taken,gives strength to the view of gaps after the event {quote} {image} {image} {image}
aussie is strong tony. not shorting the aussie till july elections are out of the way. try longing gbp/cad instead
  • #433,487
  • Jun 26, 2016 8:20am Jun 26, 2016 8:20am
Quoting salifx
{image}
lol 77,000 fake signatures in it. u remain campaign are bad losers I must say. can't even give a chance to UK to prove it can stand tall. as far as scotland goes it is too tiny to make any difference to the UK
  • #433,488
  • Jun 26, 2016 8:34am Jun 26, 2016 8:34am
more than 30 year low...
  • #433,489
  • Jun 26, 2016 9:05am Jun 26, 2016 9:05am
Quoting arigoldman
more than 30 year low...
Yes, it is true that the Cable reached the lows but then within some time we will be able to see some pullback in the pair and the correction of the prices to the realistic levels
FXOpen - International True ECN Broker
  • #433,490
  • Jun 26, 2016 9:24am Jun 26, 2016 9:24am
buying at the open it is extremly oversold, it should pop up to 05 area
Bulls are stupid Animals!especially when Im short!
  • #433,491
  • Jun 26, 2016 10:34am Jun 26, 2016 10:34am
Quoting Jack168
Pound trend? {image}
Ballsy to see a 1.7 and 2 scenario but what do I know😂
  • #433,492
  • Jun 26, 2016 10:42am Jun 26, 2016 10:42am
So a short term bounce on gu is a sign of exhaustion and this will mean a continuation of the downtrend?
  • #433,493
  • Jun 26, 2016 11:31am Jun 26, 2016 11:31am
Question is will the markets see the new legislation being drawn up by SNP in a negative light. If they are and as market bounced on Friday probably looking to sell
  • #433,494
  • Jun 26, 2016 11:59am Jun 26, 2016 11:59am
Quoting Freelve
So a short term bounce on gu is a sign of exhaustion and this will mean a continuation of the downtrend?
who knows man who knows
When life gives you lemons, make lemonade
  • #433,495
  • Jun 26, 2016 12:04pm Jun 26, 2016 12:04pm
100 pips gap down on cable and gbpjpy
  • #433,496
  • Jun 26, 2016 12:09pm Jun 26, 2016 12:09pm
Quoting tundeapt
100 pips gap down on cable and gbpjpy
see if the low is re - tested
  • #433,497
  • Jun 26, 2016 12:21pm Jun 26, 2016 12:21pm
Quoting roughtrader
buying at the open it is extremly oversold, it should pop up to 05 area
It may be oversold at 1.25
Everyone can see the chart, but only a few can actually read it.
  • #433,498
  • Jun 26, 2016 1:23pm Jun 26, 2016 1:23pm
GBP/USD is dropping like a stone pre-market.

Currently just under 1.35
check out my blog: forexmademillionaire dot com
  • #433,499
  • Jun 26, 2016 1:37pm Jun 26, 2016 1:37pm
gppusd down 150pips euro down 70pips uj down 50pips ucad up 50pips

aud and nzd down 40pips

live rates : http://www.easy-forex.com/int/currencyratespage/


spain election results weighing on market -


http://www.bloomberg.com/news/articl...rity-exit-poll
Scoobi doobi doo
  • #433,500
  • Jun 26, 2016 1:43pm Jun 26, 2016 1:43pm
dont forget GJ, also 222 down
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