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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2977
Forum Topic:

GBP

Discuss GBP
 
mohamadalirached
Riyad, Saudi Arabia
Posts: 0
3 days ago
Dec 5, 2016 7:17
GBP is really hard plus to invest in, but heaven for sellers. Anyhow, it’s fair to say things have really stabilized in recent times and that’s where we need to be wise. I trade with Alpari where I need not to worry about much given they have it all and I just love it. I enjoy it a lot with theirhttp://alpari.com/ar/analytics/technical_analysis/autochartist/, it’s quite pleasing through this and helps me big time. But, it’s obvious that we need to be good at applying these things into our system!
Qiman
United States
Posts: 237
30 days ago
Nov 7, 2016 19:17
The problem I always encountered with using correlations over the years is that one never knows when they will come to a screeching halt, due to other energetic vectors coming into the equation.

As just one example today the US stocks are up huge, and the Pound down. This strong correlation that was develping with the Pound and US stocks for awhile has had to deal with various UK domestic headlines that can pull it in all kinds of directions.
Qiman
United States
Posts: 237
56 days ago
Oct 12, 2016 15:16
I found Ashraf's post on Cable's increased correlation with US stocks over this last month to be one of the more important insights in awhile on this currency pair. Planning to watch this more carefully myself and hopefully put it to great use. Thanks Ashraf!
Ali Sharifazadeh
Tehran, Iran, Islamic Republic of
Posts: 0
9 months ago
Mar 4, 2016 17:42
It is a bit strange that Cable has been able to go this higher when the Brexit fears have not been gone completely and all of the PMI reports this week disappointed.

Where do you think the bears return?
Frank Junior
haala, Bahrain
Posts: 0
10 months ago
Jan 25, 2016 9:59
I learnt trading by watching alpari.com videos and learnt all strategies very efficiently!!Doing quite well now!!
Rob
New York, United States
Posts: 305
10 months ago
Jan 19, 2016 4:30
GBP/NZD daily chart - looks like a 3rd gravestone doji formed AND the death cross 50DMA below the 200DMA is confirmed. Look what happened after the last two gravestone dojis... Perhaps they're not perfect "gravestone dojis", but looking close and good. I prefer GBP/NZD short over GBP/AUD short due to less involvement with China and most likely, less interest rate risk involvement. A short to consider! Thoughts???
Rob
New York, United States
Posts: 305
10 months ago
Jan 14, 2016 14:06
GBP/NZD 50DMA about to cross under the 200DMA...
Rob
New York, United States
Posts: 305
11 months ago
Jan 8, 2016 18:14
Well - next stop 100WMA at .76, then 200, and possibly top of channel....
Rob
New York, United States
Posts: 305
11 months ago
Jan 8, 2016 18:11
EUR/GBP going to close above the weekly trendline today - next stop - 0.80, top of monthly downward channel.
Rob
New York, United States
Posts: 305
11 months ago
Jan 7, 2016 3:30
In reply to oldgreywhistletest's post
Thanks OGWT - I went long at .7355 - hoping for a break of the weekly trendline, it's been knocking on that line for while - has to get through sometime (OK, no it doesn't but...). Then on to at least .75 if not weekly 100MA a bit above .76. With BOE having to be dovish as well - it looked right to me. Only thing is it's still well within a downward monthly channel.