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- skiffx replied Feb 1, 2010
The question now is whether or not equities will hold on to the gains or this will be reversed like on Friday.
EURUSD
- skiffx replied Feb 1, 2010
Well conventional wisdom dictates that positive data will move equities and thus GBP could move up, however, if friday's market reaction to positive gdp numbers is of any indication...gu can just as easily resume its fall
Cable Update (GBPUSD)
- skiffx replied Feb 1, 2010
Mads Koefoed, Market Strategist, Saxo Bank ISM Manufacturing Index from the US is the most significant economic data today and marks the start to a busy week. Due at 15:00 (GMT), we're expecting the figure for January to see a slight improvement to ...
Cable Update (GBPUSD)
- skiffx replied Feb 1, 2010
Actually, if the good data comes out, it could move sp500 upwards and could move dollar down (inverse correlation), thus bringing EU and GU up Edit: Mads Koefoed, Market Strategist, Saxo Bank ISM Manufacturing Index from the US is the most ...
EURUSD
- skiffx replied Feb 1, 2010
Market Instrument Type Description Create Time Update Time Forex GBPUSD Sostratos FX Daily Strategy Bullish (direct rise). An immediate rise is expected on the market. 01-Feb-2010 10:36:56 AM 01-Feb-2010 10:37:00 AM The market is upside oriented ...
Cable Update (GBPUSD)
- skiffx replied Feb 1, 2010
My charts show the same, I think it will test 1.575x/4x area before going back up for correction to 1.6050-1.61.
Cable Update (GBPUSD)
- skiffx replied Feb 1, 2010
Here is the clown nose back...you can use it as a gag ball...
Cable Update (GBPUSD)
- skiffx replied Feb 1, 2010
Based on how the price is behaving, it just gets nailed every time it crawls up
Cable Update (GBPUSD)
- skiffx replied Feb 1, 2010
Bulls have no steam, it might just fall further to 1.58
Cable Update (GBPUSD)