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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
this fits your analysis perfectly.
maybe u r right,,,random sucks..!
Maybe those bla bla will weight on euro, but maybe thay will be supportive,,,we ll see...
anyway, im not buying until daily close...
U FINISH SURP'ISED
NO MATTER MAKING GUILTY PEOPLE THAT ARE ALREADY ENDURING SOCIAL DISLOCATION THE SOLUTION WOULD BE TO CONTINUE THE COOP IN SOCIAL WELFARE PROG ON A MULTILATERAL BASIS; NATIONAL SOVEREIGN OVER NATIONAL ACCOUNTABILITY AND ACCOUNTANCY HAS BEEN AT THE FOREFRONT IN SOME CASE OF THE SUPPORT WE R TRADING ON
ONE GOOD EXAMPLE OF DIMENSIONAL WELFARE IS THE MINING SECTOR IN AUSTRALIA; U CANNOT UNACKNOWLEDGE THAT THE PRIMARY MECANISM OF THIS MOVEMENT WAS SOCIAL WELFARE AND PROTECTION (WITH ITS GINGER TEAM) BUT THE FINANCIAL RESPONSABILISATION OF SOCIAL WELFARE HAS CREATED A "MONSTER" THAT IN SOME CASE DERIVED FROM ITS ORIGINAL OBJECTIF;
guys would agree with me on longing eurGBP at current levels?
I dont take into consideration any macro fundy staff u r talking about, i m not such a master in those things...
Just my d1 timeframe, trendline since 20.10.2008, fibo 50 (0,76882 - 0,97988), rsi cca 36 (but directed downwards..)..
If closed above that line, maybe good opportunity to buy!
The position of the debts can only get better if economy improves greatly otherwise more debt required to finance country. Inflation, interest rate hikes and gasoline inflation would all contribute to depressed economic activity leading to further increase in UK borrowing in 2011 and beyond. There is no way in hell that consumers would feel indifferent on the spending if interest rates rose even 1%!!!!! they will become far more cautious on their spending habits.