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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2974
Forum Topic:

GBP

Discuss GBP
 
Ali Sharifazadeh
Tehran, Iran, Islamic Republic of
Posts: 0
6 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
8 months ago
Jan 25, 2016 9:59
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Rob
New York, United States
Posts: 305
8 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
8 months ago
Jan 14, 2016 14:06
GBP/NZD 50DMA about to cross under the 200DMA...
Rob
New York, United States
Posts: 305
8 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
8 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
8 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.
oldgreywhistletest
mulhouse, France
Posts: 0
8 months ago
Jan 5, 2016 21:27
In reply to Rob's post
correlation between euro and gbp is always, and except on uncorrelated period, around .90 so mind the positive correlation between euro and gbp
georgetorrent
Dunedin, New Zealand
Posts: 0
8 months ago
Jan 5, 2016 9:52
In reply to Rob's post
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Rob
New York, United States
Posts: 305
8 months ago
Jan 5, 2016 1:22
Ashraf and others - being negative on GBP and positive on EUR - wouldn't that seem a perfect opportunity to go long EUR/GBP? Monthly chart is still showing a downtrend, but daily and weekly look to be coming alive.