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Cable Update (GBPUSD)

  • #442,541
  • Oct 5, 2016 8:51am Oct 5, 2016 8:51am
Today should be the day the GBP finally reverses into the green
  • #442,542
  • Oct 5, 2016 8:57am Oct 5, 2016 8:57am
Quoting yanitsa
Pound approaching resistance . 1.2760 is a strong level at my map
yes. 2860 or 2600. will see. here is the key 2750
  • #442,543
  • Oct 5, 2016 9:00am Oct 5, 2016 9:00am
news up again . go
  • #442,544
  • Oct 5, 2016 9:05am Oct 5, 2016 9:05am
Quoting ALLorNOTHING
Today should be the day the GBP finally reverses into the green
i think the market dont give 2 shits about where you think it should go hehehehehe , i would however also appreciate 1290 atleast
  • #442,545
  • Oct 5, 2016 9:11am Oct 5, 2016 9:11am
Quoting FxProsper
{quote} i think the market dont give 2 shits about where you think it should go hehehehehe , i would however also appreciate 1290 atleast
Watch and learn my friend ... watch and learn
  • #442,546
  • Oct 5, 2016 9:11am Oct 5, 2016 9:11am
I mean Come on , cable crashing down reaching new lows with no bullish behavior on the horizon
Yet I think Cable is Long.
Anyone to share their opinion of what is going on in cable's mind ?
  • #442,547
  • Oct 5, 2016 9:18am Oct 5, 2016 9:18am
GBP/JPY rocketing. Will G/U follow?
  • #442,548
  • Oct 5, 2016 9:22am Oct 5, 2016 9:22am
Matter of time before it's reverse now
Risk comes from not knowing what you're doing.
  • #442,549
  • Oct 5, 2016 9:22am Oct 5, 2016 9:22am
Quoting ALLorNOTHING
{quote} Watch and learn my friend ... watch and learn
hehehe no probs bud im all eyes
  • #442,550
  • Oct 5, 2016 9:26am Oct 5, 2016 9:26am
Also the Euro pound is sinking quite swiftly Maybe good for the pound to USD
I get exercise just pushing my luck
  • #442,551
  • Oct 5, 2016 9:26am Oct 5, 2016 9:26am
Quoting jurek
GBP/JPY rocketing. Will G/U follow?
Gbp/jpy strength seems more related to jpy weakness against usd as opposed to gbp strength against usd, but that could change 2 ofcourse
  • #442,552
  • Edited 10:05am Oct 5, 2016 9:35am | Edited 10:05am
you can't have more referendums on the referendum or the outcome to leave ,
Its too late to start adding choices or detail ,now we have to trust politicians like at all other times

you can't negotiate without applying article 50 ,once is done by March next year theres no going back
your all way off base to think May dosen't know she has a legal right ,theres no legal challenge against the people the highest force
Its like one in a million worth a go pot shots to take the government to court on this

May has handled this in the very best way by staking her ground very firmly
she's actually turned out a great leader so far I would imagine very popular I like some of the policy coming forward

like for instance train our own doctors rather than robbing other countries


http://www.telegraph.co.uk/news/2016...nference-live/



Quoting cliffedwards
{quote} Youre right in all you say. BUT.. IMHO. it is CURRENTLY POLITICALLY impossible. And a vote to Remain by MPs would throw the country the Government and the Conservative Party into CHAOS. SERIOUS CHAOS. What NEEDS to happen is a SECOND REFERENDUM.. in 2two years time.. NOT to Challenge the Brexit decision.. but to APPROVE the exit terms the Government has achieved. Remember the voter opted for a course of action with out knowing the COST.. WE wont KNOW the COST for two years. Deciding to buy a new car is one thing but when you dont know the...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #442,553
  • Oct 5, 2016 9:38am Oct 5, 2016 9:38am
Quoting jurek
GBP/JPY rocketing. Will G/U follow?
We should see gbpjpy go down and G/U go up actually
  • #442,554
  • Oct 5, 2016 9:42am Oct 5, 2016 9:42am
she understands over half the population voted leave in the face of economic downturn ,that number would be way higher without the threat
anther referendum would be a joke ,and would cause way more unrest
and not necessarily a clear answer
then what another referendum
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #442,555
  • Edited 10:09am Oct 5, 2016 9:55am | Edited 10:09am
I think it will go 20-30 times more up and down on M5, by the end of the day......
-----
well it made respectful move up......and I am there too...
  • #442,556
  • Oct 5, 2016 10:08am Oct 5, 2016 10:08am
Quoting pointlessfor
{quote} yes. 2860 or 2600. will see. here is the key 2750
i sold gbpusd here 1.27 what can i do:

may i hedge here or exit
Forexsudha - Smart Mentor
  • #442,557
  • Oct 5, 2016 10:08am Oct 5, 2016 10:08am
Quoting pointlessfor
news up again . go
here we go
  • #442,558
  • Oct 5, 2016 10:09am Oct 5, 2016 10:09am
Quoting FxProsper
{quote} hehehe no probs bud im all eyes
  • #442,559
  • Oct 5, 2016 10:13am Oct 5, 2016 10:13am
Quoting forexsudha
{quote} i sold gbpusd here 1.27 what can i do: may i hedge here or exit
Only you can decide. The question is, why sell at multi decade lows?
  • #442,560
  • Oct 5, 2016 10:14am Oct 5, 2016 10:14am
Quoting forexsudha
{quote} i sold gbpusd here 1.27 what can i do: may i hedge here or exit
Eish....it might test the lows again .... personally i dont think this pair bottomed yet so time may bring your position in the money again, however a retrace up may happen before further downside
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