GBP/USD

[ithatheekret]

Re: GBPUSD

Yes I reversed poz. just did it again long @ 19864 just above the cuppa break , fingers crossed it plays out this way or we'll prang the tea trolley .

tight trailer 8 units

 

[ithatheekret]

Re: GBPUSD

PS ... looking for the breach @ 198.91 to have some follow through , would be a lot of covering in the thin trade condtions . so for 198.89-91 must get trunched under boots , or its may dig in for next sessions . Saw just under @198.87 for a blink .

 

[ithatheekret]

Re: GBPUSD

I've got 197.87 for next low test , currently still 198.3/4 area after a mildish retreat again and 198.15-10 as a mild res. area too . Projection of the test line is 1.9784/3ish on one chart .

 

[ithatheekret]

Re: GBPUSD

PS... I did a rev. on a spike managed 198.75( high 4 too ) and 198.74/3 for the short , but I've can't get an accurate count off that spike . Had this once before on Skippy , and it was a conflict in the software over volume and price ..... according to the experts ........... personally I think they were idiopathic to the problem and wanted me off the phone .........

Glitches huh .....

 

[ithatheekret]

Re: GBPUSD

198.5s stalling could be a fail .

 

[Kauri]

Re: GBPUSD

watching and waiting for a sign... not game to try and pick absolute bottoms, over time I have found I'm more profitable when concentrating on taking a decent slice...
Cheers
.........Kauri

 

[ithatheekret]

Re: GBPUSD

I'm looking for the top in this run have 196.21/22 so far . My range went to 126.24 didn't quite make it . Swissies got the drilling rig out ............

 

[ithatheekret]

Re: GBPUSD

it went past 1.9624 saw 27/9ish flash too .

haven't got time to keep check on it , but it sounds like it's on viagra .......

unless someones exchanging their currencies .............

 

[Kauri]

Re: GBPUSD

it went past 1.9624 saw 27/9ish flash too .

haven't got time to keep check on it , but it sounds like it's on viagra .......

unless someones exchanging their currencies .............

Down to rumours...
Cheers
.........Kauri

Cable has reclaimed a 1.96 handle on the back of early Europe USD selling, but has been outpaced on the gains front by EUR/USD--as evidenced by EUR/GBP all-but revisiting Friday"s euro lifetime high of 0.7586. Some of the USD losses are being attributed to a CNBC website article suggesting that Citigroup could write down up to $24bn tomorrow (Reuters).

and on the other hand...

Greg"s Ip"s latest WSJ website article offering opines that the Fed is unlikely to cut the Funds rate before January 30. Late last week, a think-tank suggested that the Fed has a "window of opportunity" to cut rates this week.

 

[ithatheekret]

Re: GBPUSD

it's in the range now . how many party 6's did it get ?

Interesting about EUR/GBP swap , I have that at a projected range starting in the 76's , the lowest -highest projection is 81's , that would be a big shift .


Swissie digging deep , looking for China ...........

 

[Kauri]

Re: GBPUSD

Interest is Flagging...
Tesco's have just come out calling for a rate cut.. put the necessary oomp into the flag..
Cheers
..........Kauri

 

[ithatheekret]

Re: GBPUSD

looks like Cables try to shake out the holders , the next ichi cross will be a nice boost .

 

[Kauri]

Re: GBPUSD

watching and waiting for a sign... not game to try and pick absolute bottoms, over time I have found I'm more profitable when concentrating on taking a decent slice...
Cheers
.........Kauri

Hi ithatheekret
Looks like she may be basing... however my plan calls for it to prove it a touch more before I think about taking a slice... looking the goods though.. good trades for you I hope..

Cable dealers note plenty of activity in the shorter dates today. Overnight doing the rounds in early London, with a 1.9775 said to have traded good amounts, so look for that level to attract if spot is in the vicinity tomorrow. 1.9800 GBP calls have also been trading up to the high 9.0"s in the 10 day - 2 week area.
Cheers
........Kauri

 

[ithatheekret]

Re: GBPUSD

I think the estimates 04 on the RPI threw the spanner in the works . 196.24 was the discount I had allowed it too on the rate cut . It's almost trading perfectly against a vanilla Ichi 9,26,52 , a little movement prior eachway .

To date my only top projection is the last rate cut area from 2.0221/11 to 1.99 area . The USD weakness is sporadic , which gann swingers must be having a ball on .

Skippy is soooo lagging the rest of its peers .........

You've been in the desert I note , what ........ Cable Beach

 

[Kauri]

Re: GBPUSD

Skippy is soooo lagging the rest of its peers .........

You've been in the desert I note , what ........ Cable Beach

Hi ithatheekret
lagging.. and then some!!! I think I backed the wrong horse..
Cable Beach.. if only... more like where it's even too hot for Skippy to bounce..
Cheers
..........Kauri

 

[ithatheekret]

Re: GBPUSD

Don't worry about wrong horses mate they all end up passing the finish line .

But , there's a fair few backing camels lately

 

[Kauri]

Re: GBPUSD

Northern Rock apparently will get by in the publis sector, so GB won't need to nationalise it... a bit more good news and support for the cable..
Cheers
.......Kauri

 

[ithatheekret]

Re: GBPUSD

Northern Rock apparently will get by in the publis sector, so GB won't need to nationalise it... a bit more good news and support for the cable..
Cheers
.......Kauri

Yeah , they'll be wrapping it up and selling it at Brighton soon .......

 

[Kauri]

Re: GBPUSD

Yeah , they'll be wrapping it up and selling it at Brighton soon .......

Lends new meaning to "Brighton Rock" available by the bag on the pier..
Cheers
...........Kauri

 

[noirua]

Re: GBPUSD

Northern Rock shares closed down 13.25p at 69.25p in London.
All but one of the resolutions put forward buy SRM Global and RAB Capital were defeated.
The one resolution passed means the Board "cannot allot shares with a value above £5 million without shareholder approval".

The Board said it believes that the successful resolution proposed will not be a "material restriction" to a rescue.
The looming Nationalization of Northern Rock is more likely than a few weeks ago.