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Cable Update (GBPUSD)

  • #436,841
  • Aug 16, 2016 7:20am Aug 16, 2016 7:20am
ready to go in the sky!!
  • #436,842
  • Aug 16, 2016 7:20am Aug 16, 2016 7:20am
Quoting Samer1970
{quote} 333 POINTS
daily range, approximately 140 pips
I'm high on trading, cant you tell?
  • #436,843
  • Aug 16, 2016 7:21am Aug 16, 2016 7:21am
Quoting pointlessfor
ready to go in the sky!!
Ready to go for the sky!!

Eur/Usd through 1.1300 should be some dynamic price action if US data not that good....
Don't Leave Money on the Table
  • #436,844
  • Aug 16, 2016 7:23am Aug 16, 2016 7:23am
Quoting Mayly-May
{quote} sammih is right 3116 i'm very happy but we need to be careful many lot sell eu and buy usd index maybe 1.28xx it easy to come again
1.28xx has proven its supporting power, I suppose we will avoid it for a couple of days. I am looking at 1.333 before any downward movement
I'm high on trading, cant you tell?
  • #436,845
  • Aug 16, 2016 7:25am Aug 16, 2016 7:25am
Added long 1.2977
TP 1.3033
I'm high on trading, cant you tell?
  • #436,846
  • Aug 16, 2016 7:25am Aug 16, 2016 7:25am
Quoting HaLBot
{quote} Ready to go for the sky!! Eur/Usd through 1.1300 should be some dynamic price action if US data not that good....
yes
  • #436,847
  • Aug 16, 2016 7:25am Aug 16, 2016 7:25am
Quoting Sammih
Added long 1.2977 TP 1.3033
good one
  • #436,848
  • Aug 16, 2016 7:26am Aug 16, 2016 7:26am
Quoting mades
{quote} You don't get the sarcasm. But we'll see. I know how things work (some of them at least). I'm sure price wants to spike up so let it happen.
I'm high on trading, cant you tell?
  • #436,849
  • Aug 16, 2016 7:33am Aug 16, 2016 7:33am
Less than stellar US figures coupled with great UK numbers. Interperet as no US rate increase and no further GBP rate cuts in the near future.

My fundamental view is stay long.
  • #436,850
  • Aug 16, 2016 7:34am Aug 16, 2016 7:34am
Figures don't seem to have had a major impact long
Striving for consistency
  • #436,851
  • Aug 16, 2016 7:36am Aug 16, 2016 7:36am
1.3 seems too strong...
  • #436,852
  • Aug 16, 2016 7:37am Aug 16, 2016 7:37am
SELL SELL SELL!!!
  • #436,853
  • Aug 16, 2016 7:37am Aug 16, 2016 7:37am
even with good Uk data and mediocre US data the pound is dropping again.
Striving for consistency
  • #436,854
  • Aug 16, 2016 7:38am Aug 16, 2016 7:38am
Quoting Wdfx
Figures don't seem to have had a major impact long
Not yet but I would expect a shakeout, re-entered a long at 1.2950
  • #436,855
  • Aug 16, 2016 7:39am Aug 16, 2016 7:39am
Quoting Wdfx
even with good Uk data and mediocre US data the pound is dropping again.
Yes but so is Euro...I say it's going back up IMHO
Don't Leave Money on the Table
  • #436,856
  • Aug 16, 2016 7:40am Aug 16, 2016 7:40am
Quoting el_duende
{quote} Not yet but I would expect a shakeout, re-entered a long at 1.2950
  • #436,857
  • Aug 16, 2016 7:41am Aug 16, 2016 7:41am
Quoting HaLBot
{quote} Yes but so is Euro...I say it's going back up IMHO
The pound and the euro used to have a relatively similar corelation. What's happened to that since Brexit/
Striving for consistency
  • #436,858
  • Aug 16, 2016 7:42am Aug 16, 2016 7:42am
Quoting HaLBot
{quote} Yes but so is Euro...I say it's going back up IMHO
gu up up up . dont worry this down move. just target 3000 . and trying long again .. cant find entry now
  • #436,859
  • Aug 16, 2016 7:45am Aug 16, 2016 7:45am
Think the heavy sellers have come in - loads of volume- traders trying to get a decent price
  • #436,860
  • Aug 16, 2016 7:45am Aug 16, 2016 7:45am
Quoting Wdfx
{quote} The pound and the euro used to have a relatively similar corelation. What's happened to that since Brexit/
Well my opinion is they are still correlated but Eur/Gbp is sucking the life blood outa GBP, every time you get a half decent rally Eur/Gbp buyers are there to spoil the fun...
Don't Leave Money on the Table
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