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    • rambo12 replied Jan 23, 2014

      MPC Statement. More Fairy Tales re. the UK "Recovery." In reality, rates cannot rise because the UK is the most indebted nation in the world and this will kill any growth...hardly it can rise to 1.71 .they cannot sustain above 1.71

      Cable Update (GBPUSD)
    • rambo12 replied Jan 22, 2014

      Well.. my shorts were placed at 1420-1360 range (fixed) ..I will cover them at 1150(20%)1050(%80)$980(100%). In the mean time I will play weekly n daily targets .like .recently I closed my longs at 1250 (bought at 1200) ..previously sold at 1265 ...

      Cable Update (GBPUSD)
    • rambo12 replied Jan 22, 2014

      As I am a fundamental n swing trader .....no invalidation price ..sir ...if 1267 breaks and hold it can rise up til 1300-1310 where I can open more shorts (holding shorts from 1420 -1360. range). just sell on rise its my strategy until $980...good ...

      Cable Update (GBPUSD)
    • rambo12 replied Jan 22, 2014

      no support nothing is gonna stop the fall. likely to 1150 then again 1220-30 somewhere again down to 1050 there begins the big war for bulls n bears .. ultimately bears gonna win the battle and kick the gold under $1000.. long term $700 ( take few ...

      Cable Update (GBPUSD)