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Cable Update (GBPUSD)

  • #434,361
  • Jul 12, 2016 2:54am Jul 12, 2016 2:54am
Quoting baldmonk
{quote}
  • #434,362
  • Jul 12, 2016 3:05am Jul 12, 2016 3:05am
Quoting dean1star
{quote}
Quoting baldmonk
{quote}
  • #434,363
  • Jul 12, 2016 3:10am Jul 12, 2016 3:10am
Cable orders of the forexlive website

http://orders.forexlive.com/!/gbpusd...-july-20160712
Don't Leave Money on the Table
  • #434,364
  • Jul 12, 2016 4:01am Jul 12, 2016 4:01am
Quoting Mayly-May
{quote} {quote}
  • #434,365
  • Jul 12, 2016 4:01am Jul 12, 2016 4:01am
I missed the opportunity to open long at the bottom. I wonder whether I should open now anyway or wait for a retracement.
  • #434,366
  • Jul 12, 2016 4:03am Jul 12, 2016 4:03am
Quoting mlawson71
I missed the opportunity to open long at the bottom. I wonder whether I should open now anyway or wait for a retracement.
Carney speaking plus inflation report just now....
Don't Leave Money on the Table
  • #434,367
  • Jul 12, 2016 4:25am Jul 12, 2016 4:25am
I honestly dont know why these bums are long on gu.
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #434,368
  • Jul 12, 2016 4:36am Jul 12, 2016 4:36am
Quoting Soros
I honestly dont know why these bums are long on gu.
because they have the perfect picture than us
  • #434,369
  • Jul 12, 2016 4:37am Jul 12, 2016 4:37am
Quoting mlawson71
I missed the opportunity to open long at the bottom. I wonder whether I should open now anyway or wait for a retracement.
wait for a retracemen
  • #434,370
  • Jul 12, 2016 4:41am Jul 12, 2016 4:41am
Quoting adetola99
{quote} wait for a retracemen
Yes I'm waiting for a retracement... could be sometime but it does look like bulls have run out of puff...like to see a pull back to 3080 before going long again but could be wishful thinking....


Over 3180 and we head up and over 3200..
Don't Leave Money on the Table
  • #434,371
  • Jul 12, 2016 4:44am Jul 12, 2016 4:44am
they all BUMS.........ALL OF THEM
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #434,372
  • Jul 12, 2016 5:41am Jul 12, 2016 5:41am
Morgan Stanley expects BoE cut rates.
As BoE is expected to ease monetary policy, Morgan Stanley expects GBP weaken.
Member
  • #434,373
  • Jul 12, 2016 5:51am Jul 12, 2016 5:51am
Quoting TudorIoan
Morgan Stanley expects BoE cut rates. As BoE is expected to ease monetary policy, Morgan Stanley expects GBP weaken.
So where's the decline now?
  • #434,374
  • Jul 12, 2016 5:55am Jul 12, 2016 5:55am
Quoting dejcire13
{quote} So where's the decline now?
BOE rate decision not until Thursday....
Don't Leave Money on the Table
  • #434,375
  • Jul 12, 2016 5:56am Jul 12, 2016 5:56am
Quoting dejcire13
{quote} So where's the decline now?
BoE it's a 'pending' decision.. and too hot probably
anyway, most people skeptical on big boys gossip
Member
  • #434,376
  • Jul 12, 2016 5:57am Jul 12, 2016 5:57am
Quoting HaLBot
{quote} Yes I'm waiting for a retracement... could be sometime but it does look like bulls have run out of puff...like to see a pull back to 3080 before going long again but could be wishful thinking.... Over 3180 and we head up and over 3200..
think so presently in tp 3220
  • #434,377
  • Jul 12, 2016 5:58am Jul 12, 2016 5:58am
Quoting dejcire13
{quote} So where's the decline now?
you cant go down from the bottom first go up then ... that's how MM's are making money
  • #434,378
  • Jul 12, 2016 6:04am Jul 12, 2016 6:04am
Quoting TudorIoan
{quote} BoE it's a 'pending' decision.. and too hot probably anyway, most people skeptical on big boys gossip
What's interesting though is that in spite of this rumor of a cut, the market's relentlessly buying the pound. I mean, it can go either way.
  • #434,379
  • Jul 12, 2016 6:24am Jul 12, 2016 6:24am
Quoting dejcire13
{quote} What's interesting though is that in spite of this rumor of a cut, the market's relentlessly buying the pound. I mean, it can go either way.
Good luck!
This kind of rumors doesn't have to generate sudden moves in the market ...it was more like an observation gathering more like mix data
MS are not gods, but they have their public opinion and here's more:

Keeping interest rates unchanged and leaving the market guessing over what BoE could decide in August would be a hawkish surprise. (nice perspective for pound)
Bank indicates also that May could name her cabinet as early as tomorrow evening, eliminating one source of uncertainty.(good for pound)
Phil Hammond may be switched from the foreign office to the Treasury and he is known as a fiscal hawk.(bad for pound)
Member
  • #434,380
  • Jul 12, 2016 7:11am Jul 12, 2016 7:11am
in my mind i only sell this pair, see and wait for the best position to open sell.
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