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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2939
Forum Topic:

GBP

Discuss GBP
 
djellal
LAUSANNE, Switzerland
Posts: 531
2 months ago
Jun 17, 2014 12:15
{(*} ??????? ????!{(*} Algeria go!{(*} Algerien gehen!{(*} aller l'Algerie ! {(*}

djellal
LAUSANNE, Switzerland
Posts: 531
2 months ago
Jun 12, 2014 23:05
Bank of England Governor Mark Carney said the BoE could raise rates sooner than the markets expect,

sending the Pound to a new 3-week high against the US Dollar. Carney also said that the central bank is concerned with housing indebtedness, an issue that could push the BoE to tighten policy. He added that any policy tightening would be gradual and limited and raising interest rates today would be the wrong response.
There has been a lot of speculation recently regarding the timing of a Bank of England rate hike, but this was the first time Carney encouraged speculation. Earlier today, UK Chancellor Osborne announced that the BoE would take control of restrictions on mortgage lending, which could serve as an alternative tool to monetary policy for cooling an overheated housing market.
djellal
LAUSANNE, Switzerland
Posts: 531
2 months ago
Jun 12, 2014 18:44
The Pound declined in Forex markets as UK Chancellor Osborne prepares to give the Bank of England power over mortgage lending risks.

The BoE will control the size of mortgages compared to incomes and house values to provide stability to the housing market. Osborne will say that current housing market doesn’t pose an immediate threat but could in the future, according to the text from the speech he will deliver tonight.
An expanding housing market or rising housing prices may prompt a central bank to raise interest rates. Therefore, non-monetary measures to cool the housing market may allow the BoE to refrain longer from raising interest rates. That could be the reason why the Pound declined sharply around the time of the release of the comments from the upcoming speech.
Ashraf Laidi
London, UK
Posts: 0
3 months ago
May 7, 2014 15:52
http://ashraflaidi.com/forex-news/gbp-before-after-yellen


Ashraf
Rob
New York, United States
Posts: 305
3 months ago
May 6, 2014 14:31
Anyone have thoughts on holding on to GPB/USD past 1.70? Or should we just take 1.70 as exit and not be greedy? Wondering if that will act as resistance, or major support? Thanks all!
fxvictorys
xxx, Pakistan
Posts: 0
3 months ago
May 2, 2014 6:39
https://charts.mql5.com/4/595/gbpusd-d1-instaforex-group.png
Amine
alger, Algeria
Posts: 0
3 months ago
Apr 25, 2014 15:28
@Ashraf laidi :Forget NFP, FOMC & strong euro. Next week GBP will remind markets why I've been long the currency since July #forex #sterling , why ? the triple top ? or ...
Rob
New York, United States
Posts: 305
3 months ago
Apr 22, 2014 15:12
In reply to djellal's post
Agree djellal - GBP/USD 1.70 - high from August '09. Probably strong resistance there for a double-top, unless a rate increase really does become imminent - then maybe it blasts through 1.70 and acts as a good support. But Ashraf is the master technician, not I.
djellal
LAUSANNE, Switzerland
Posts: 531
4 months ago
Mar 29, 2014 12:17
gbpusd 1.70 soon

buy
Sahid
irreductible, France
Posts: 464
7 months ago
Jan 7, 2014 20:31
In reply to Ashraf Laidi's post
one techcla case to buy GU