or GBP weakness - it has room to go

AUD/USD

well, it was my stupidest today decision to short it from 80 however, hope to see it at 1245 until the end of the week

Only Gold!

exactly! sometimes I think the same )

Only Gold!

Glenn Stevens recently said that he would like to see the currency at 75 US cents url

AUD/USD

well, I waited for this move all day ) it would be nice to see 1250 next

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let us wait news from China

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of course it can! so I prefer to use 'hope' for Gold as I would not be surprised to see it +100/-100 at any time

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in case of breakthrough 1200 I hope to see 1180

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happy new year?

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1140?

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Bank Rate today can correct the picture in both ways Any thoughts, guys?

Cable Update (GBPUSD)

"Next week the Reserve Bank of Australia kicks things off on Monday. Despite an AUD rally of late (AUD$0.8670), the market will be expecting some dovish currency comments from Governor Glenn Stevens. It has become a regular part of his rhetoric ...

AUD/USD

but until Sept 2011 it was really simple just buy and wait so I would not adhere such approach without very accurate money management

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look at eur, cable - they fell too

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why not? if his account is not big enough, it is better to earn less then loose more!

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yes, it makes sense, I am thinking of 1220 at least

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yes, but what if she fail breaking north? - 1230?

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if after such US data Gold returned to its trend, I guess the direction is south!

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please explain the reason for that - I mean why you go against the trend?

Only Gold!

yes, sometimes this pair is just unstoppable, so if it did not reverse yet it will continue south, I guess

AUD/USD