GU should drop for retracement. So i dont think it time to long now. Also London is closing in 5 mins. Which led of Fail of volume in GU

Cable Update (GBPUSD)

Short . The rate cut will bring it down very fast tommorow.

Cable Update (GBPUSD)

I agree with you. Look at GJ 15m. An evening star is present. and GU hourly is forming a shooting star.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I think we will see a bearish movement soon. The rate cut is near. Dont aim too high. Better look at 139.80 max.

Auslanco - GBP/JPY and GBP/USD (newstrade)

It gained Strengh because US was doing something then. But now all economies are in recession. Only Japan is still secure for now. All smart money have their money converted to either CHF or JPY. If you still belive in the stregth of the GBP for ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

You kidding ? it the EURO that got weak. Look at gold uptrend. And just wait a little until the billions of $ of bailouts begin to circulate in the street . $ willl lose it value then massively. UK economy will show us a worst case scenario in the ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

It always happen like that . before a big decision GJ go up . to have more room to fail later.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Being greedy is not good. I really advice you to close them and join the fail. The rate cut will make GJ down for sure.

Auslanco - GBP/JPY and GBP/USD (newstrade)

In my opinion , knowing the rate cut will be around 1 - 1.25. It better to short from now. and look at hourly an Evening Star is present. buyers are closing their longs now.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Forex in the weekend is mostly wrong. Some traders close their positions friday . Try to look at XE.com from Sunday 6:00 PM GMT. Anything before could be wrong data.

EURUSD

EU will rise a little bit to 1.42 next week think before taking south. Oil still downtrend and will bottom at 31/30. Gold will retrace to around 850 840 before breaking thin 900. UCHF will pair sooner or later. EA will return to it summer value ...

EURUSD

Hmmm. After this last down movement. I think we could go test 1.42 again or 1.4080 . And then down to 1.37.

EURUSD

It retracing . to give you a better entry

EURUSD

That better than forecasted. More down after the small retracement.

EURUSD

we could even break that support in the first weeks of 2009

EURUSD

Cutting rate will not skyrocket the EURO , but will Sink it. Look at the GBP when it got Cut rate . For me the support will not hold a lot. And i agree with you. Shorting EUR until the end of Q1 2009 is what the smart money are doing right now.

EURUSD

Market useally move long time before the rate is released. I think today he can give us some hints on how deep they will cut it. I think we could see US unemployment drop to 4xxK or 3xxK again today.

EURUSD

ECB has to cut it rate if they dont want to be the last ones that do so. Additionally a strong EUR is bad for Europe economy in the current crisis. I think we could see a continuation of the bears in until 1.18 or 1.23. The euro will lose ground ...

EURUSD

the up movement for today is over. Beware of the down movement , as trichet is going to speak soon and announce a imminent Rate cut. we might see under 1.39

EURUSD

I think we will see 1.3916 in few moment . It a good chance to short EU again.

EURUSD