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ukvipersden replied Aug 22, 2007i am short also now from 228.80, TP 220. it's a risk and the spanner in the works is a rise in rates from the BofE, and i see another 0.25 increase on the cards.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ukvipersden replied Aug 22, 2007i actually think it might go as low as 222. markam, do you mind if i ask where you are short from?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ukvipersden replied Aug 22, 2007dow futures are still pricing in a cut from the fed...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ukvipersden replied Aug 22, 2007could this beast be heading down to 220???? GBP/USD heading north however.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ukvipersden replied Aug 22, 2007if the fed cuts... — just thinking about the fed cut in the pipeworks. even if they do cut, who is really to say that this will give a fillip to the stock market? maybe short term yes (like friday's action) but longer term it's still downward ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ukvipersden replied Aug 22, 2007hello all — hi, i'm a newbie so please be kind. have been lurking in this particular thread for many weeks now and plucked up the courage to 'contribute'. really enjoy the discussion had, and especially karmo's amazingly precise calls - just ...
Auslanco - GBP/JPY and GBP/USD (newstrade)